President Signs Stimulus Package with Aid for Businesses and Workers President Trump signed into law the largest U.S. stimulus package ever to help provide economic relief to businesses and workers affected by the COVID-19 outbreak. The following items are among the aid included in the $2 trillion Coronavirus Aid, Relief and Economic Security Act (CARES) Act: For small businesses (those with less … Read Post
Governor Announces Statewide Stay-at-Home Order Gov. Jared Polis announced a statewide stay-at-home order Wednesday afternoon. Adams, Arapahoe, Boulder, Broomfield, Douglas, Larimer and Jefferson counties have announced their own orders, joining the City and County of Denver. The state’s order begins at 6 a.m., Thursday, and lasts through April 11. The stay-at-home orders for Adams, Arapahoe, … Read Post
Denver Mayor Announces Requirement for Residents to Stay at Home Denver Mayor Michael Hancock announced a new public health order that requires Denver residents to stay at home starting 5 p.m., Tuesday, and lasting through April 10 and longer if necessary. Residents will be allowed to leave their homes to shop for essential needs, such as groceries and medications, exercise and go to work if … Read Post
Earlier this evening, Gov. Jared Polis released a new Executive Order aimed at reducing the spread of COVID-19. The Executive Order requires Colorado employers, with some exceptions, to reduce in-person workforce by at least 50% by 8 a.m., Tuesday, March 24. It directs all employers to implement remote work solutions to the greatest extent possible … Read Post
Denver Releases Initial Economic Relief Package Yesterday, the City and County of Denver announced an initial $4 million relief package to help small businesses affected by the COVID-19 outbreak. The package offers several resources for businesses and workers: An emergency relief program to provide cash grants of as much as $7,500 to highly impacted businesses, such as restaurants, that may have laid off workers, … Read Post
Colorado Small Businesses Can Apply for SBA Loans Colorado small businesses can begin applying for low-interest federal disaster loans through the Small Business Administration (SBA) Economic Injury Disaster Program. The state received its declaration today, making these loans available. Eligible entities can receive loans up to $2 million, and interest rates would be no higher than 3.75%. Our Denver Metro Small Business Development … Read Post
We are tracking federal legislation and state efforts to ease the burden of the COVID-19 outbreak on businesses, workers and their families. Federal Legislation to Aid in COVID Relief Being Considered Federal legislation under consideration aims to provide some relief to employers and employees amid the COVID-19 pandemic. On Saturday, the U.S. House of Representatives passed the Family First Coronavirus … Read Post
