In response to the COVID-19 pandemic, the City of Danville and Pittsylvania County have put together a running list of resources for regional businesses. The situation is very fluid, so this page will be update often as new information becomes available.
If you’re a business owner who would like to discuss available assistance in more detail, please contact our offices.
For information about upcoming webinars related to these resources, please visit our Facebook page.
CITY OF DANVILLE RESOURCES
-The City will suspend the $50 delinquent account fee for all utility customer classes until further notice. The delinquent account fee is the fee charged for nonpayment 35 days after the due date.
Meals and Transient Lodging Tax
-Restaurants may defer the payment of their February meals tax collection, normally due on March 31, 2020, for one month with no penalty.
-Hotels may defer the payment of their February occupancy and room night taxes, normally due on March 31, 2020, for one month with no penalty.
“Recognizing there are businesses that are going through difficult times, we felt these measures would provide some relief to them as they work to maintain operations.”
– Ken Larking, Danville City Manager
- Businesses impacted by COVID-19 can request to defer the payment of state sales tax due on March 20, 2020 for 30 days. When granted, businesses will be able to file no later than April 20, 2020 with a waiver of any penalties.
- The Virginia Department of Taxation is extending the due date of payment of Virginia individual and corporate income taxes. While filing deadlines remain the same, the due date for individual and corporate income tax will now be June 1, 2020.
- Please note that interest will still accrue, so taxpayers who are able to pay by the original deadlines should do so.
Virginia Employment Commission
- No waiting for unemployment benefits. Governor Northam has directed the Commissioner of the Virginia Employment Commission to waive the one-week waiting period to ensure workers can receive benefits as soon as possible.
- Enhanced eligibility for unemployment. Workers may be eligible to receive unemployment benefits if an employer needs to temporarily slow or cease operations due to COVID-19. If a worker has been issued a notice to self-quarantine by a medical or public health official and is not receiving paid sick or medical leave from their employer, they may be eligible to receive unemployment benefits. In addition, a worker may be eligible for unemployment benefits if they must stay home to care for an ill family member and are not receiving paid family medical leave from their employer.
- Fewer restrictions. For individuals receiving unemployment insurance, Governor Northam is directing the Virginia Employment Commission to give affected workers special consideration on deadlines, mandatory re-employment appointments, and work search requirements.
- The Office of the Governor is providing a Frequently Asked Questions guide for workers that have been temporarily laid off or discharged during this public health crisis.
- Virginia Unemployment Insurance procedures in response to COVID-19 – The unemployment insurance program, administered by the Virginia Employment Commission (VEC), provides temporary financial assistance to individuals who become unemployed through no fault of their own. Under normal circumstances, individuals who meet a strict set of employment-related criteria can receive weekly payments over a period of 12 to 26 weeks, but efforts are underway at both the state and federal level to expand eligibility, increase payments, and extend the duration coverage.As a result, all Virginians who have experienced job or income loss as a result of the Coronavirus crisis are encouraged to file an application for unemployment insurance using the VEC’s online portal, selecting “Lack of Work” as their reason for separation. Please note, recipients will be required to access the portal each week to claim their unemployment insurance payment.Detailed instructions for individuals applying for unemployment insurance benefits can be found here. An FAQ on unemployment benefits can be found here.
Small Business Administration
Economic Injury Disaster Loan (EIDL) Program – The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). This assistance is being provided through the SBA’s Economic Injury Disaster Loan (EIDL) program following a request by Governor Northam. The loans are available to small businesses with fewer than 500 employees and private, non-profit organizations. It may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster.
***UPDATE*** The CARES Act expanded the Economic Injury Disaster Loan (EIDL) Program to include the following EIDL Grant:
- Submit EIDL application, ask for the advance – check box on EIDL application
- Provide up to $10,000 three days after submitting an EIDL application
- Does not need to be repaid under any circumstance
- Application for SBA EIDL Program
- Request Technical Assistance from Longwood Small Business Development Center
- Coronavirus (COVID-19): Small Business Guidance & Loan Resources
- SBA Loan Programs
Internal Revenue Service
The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus.
- Coronavirus Tax Relief
- Filing and Payment Deadline Extended to July 15, 2020
- Families First Coronavirus Response Act (HB 6201) – The U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. This relief to employees and small and midsize businesses is provided under the Families First Coronavirus Response Act, signed by President Trump on March 18, 2020.
Coronavirus Aid, Relief, and Economic Security (CARES) Act
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain nonprofits and other employers.
- U.S. Senate Committee on Small Business & Entrepreneurship Guide to the CARES Act
- Virginia SBDC Overview of CARES Act Programs
- Coronavirus Aid Relief and Economic Securities Act (CARES Act) Breakdown by McGuire Woods
Rapid Response Funds to Assist Small Businesses
Rapid Response is a federal program to help workers, companies, and communities experiencing layoffs and closures and provide strategies to avert layoffs. This includes connecting workers and businesses to information, partners, new employment opportunities, funding, and training programs that can help lessen the impact of layoffs or avert layoffs all together.
The Additional Rapid Response Assistance for COVID-19 available through the Commonwealth of Virginia provides funding to help businesses avert layoffs by providing assistance in sanitization of work spaces, implementing telework options to support social distancing that the company has not supported prior, or other innovative strategies that help keep employees on the job. Businesses may apply for assistance through their regional workforce boards.
Businesses within the City of Danville and Pittsylvania County can reach out to Tyler Freeland, Director of the West Piedmont Workforce Investment Board (WPWIB). The WPWIB will review applications and provide reimbursement for qualifying projects. Also note that the WPWIB will be an important resource as we all work to re-employ Virginians when this emergency abates and people are looking for work.
Tyler Freeland, Director
West Piedmont Workforce Investment Board
Phone: (276) 403-4014
OTHER FINANCIAL PROGRAMS
- Export-Import Bank of the United States – Working Capital Loan Guarantee
- Facebook – Small Business Grants Program
- Financial Resources for Food and Beverage Businesses and Restaurant Workers
- Guy Fieri and the National Restaurant Association Educational Foundation’s Restaurant Employee Relief Fund
- James Beard Foundation – Food and Beverage Industry Relief Fund
- JPMorgan Chase – Small Business Aid ($8M)
- Kabbage – Online System to Help Small Businesses Sell Gift Cards
- Main Vest – Main Street Initiative (0% interest, 120 day loans)
- Natural Capital Investment Fund (Truist Grants)
- Opportunity Fund – Coronavirus Relief Fund (grants and low interest loans)
- The Restaurant Workers’ Community Foundation – COVID-19 Emergency Relief Fund
- USDA Rural Development
- Virginia Employment Commission
- Virginia Small Business Financing Authority Programs – Loan Guarantees, Loan Funds, Capital Access, etc.
- Virginia 30 Day Fund (Forgivable Loans for Virginia Small Businesses)
- Yelp – $25M in Relief for Restaurant and Nightlife Businesses
ADDITIONAL COVID-19 RESOURCES FOR BUSINESSES
- Council for Development Finance Agencies
- Danville Pittsylvania County Chamber of Commerce
- Hunton Andrews Kurth
- Longwood Small Business Development Center
- Main Street America
- River District Association
- Southern Economic Development Council
- Southern Virginia Regional Alliance
- U.S. Chamber of Commerce
- U.S. Congressman Denver Riggleman
- U.S. Department of Homeland Security Cybersecurity & Infrastructure Security Agency – Memorandum on Identification of Essential Critical Infrastructure Workers During COVID-19 Response V2
- U.S. Department of Labor
- Virginia Career Works – West Piedmont Region
- Virginia Chamber of Commerce
- Virginia Department of Housing and Community Development (DHCD) – DHCD is waiving the hard copy submission for all Enterprise Zone submissions until June 10, 2020. Electronic submission are still due April 1, 2020.
- Virginia Department of Housing and Community Development
- Virginia Department of Labor and Industry
- Virginia Economic Developers Association
- Virginia Employment Commission
- Virginia Tourism Corporation
Where to find the latest information about COVID-19
LATEST NEWS AVAILABLE FROM GOVERNOR NORTHAM – on Virginia’s COVID-19 response for citizens and businesses