Resources for our Small Businesses:

Click here to view Idaho Rebounds - Four Stages of Re-opening Idaho

this website contains up the date information about grant funds and funds available to Idaho small businesses and those self-employed.

 

Update January 14, 2021

 
 
 

Coping with COVID-19


All In One Place: The Latest Updates Related to COVID-19 Relief Programs Offered by the SBA


Scroll down for a quick summary on the following Coronavirus relief options:

  • Paycheck Protection Program (PPP)
  • Economic Injury Disaster Loans (EIDL)
  • Shuttered Venue Operators Grant
  • Resiliency Business Advising
  • Additional Resources

 
paycheck protection program, PPP

 

SBA Will Re-Open PPP to Small Lenders Friday, Jan. 15; Then to All Lenders Tuesday, Jan. 19

The SBA will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications this Friday. The portal will fully open Tuesday to all participating PPP lenders to submit First and Second Draw loan applications to the SBA.

Earlier in the week, the SBA granted dedicated PPP access to Community Financial Institutions (CFIs) which include Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified Development Companies (CDCs), and Microloan Intermediaries as part of the agency’s ongoing efforts to reach underserved and minority small businesses.


The SBA will continue its emphasis on reaching smaller lenders and businesses by opening to approximately 5,000 more lenders, including community banks, credit unions, and farm credit institutions.
 

What’s the Difference Between a First Draw PPP Loan and a Second Draw PPP Loan?


In general, a First Draw PPP loan is for eligible borrowers who did not receive a PPP loan before the program closed in August 2020. A Second Draw PPP loan is for certain eligible borrowers that previously received a PPP loan, generally have 300 employees or less, and have suffered a 25% reduction in gross receipts.

More on PPP options

Find a PPP lender

 
 

Economic Injury Disaster Loan


COVID-19 Economic Injury Disaster Loan (EIDL) Application Deadline Extended Through 2021 


The deadline to apply for the Economic Injury Disaster Loan (EIDL) program for the COVID-19 Pandemic disaster declaration is extended to Dec. 31, 2021, pending the availability of funds.
To date, the SBA has approved $197 billion in low-interest loans which provides working capital funds to small businesses, non-profits and agricultural businesses. 
Loans are offered with a 3.75% interest rate for small businesses and 2.75% interest rate for nonprofit organizations, a 30-year maturity, and an automatic deferment of one year before monthly payments begin. 

Details to apply now

 
 

Webinar: Shuttered Venue Operators Grant


SBA Shares a Preliminary Overview of the Shuttered Venue Operators Grant Program


Today the SBA will host a webinar featuring a preliminary overview of the Shuttered Venue Operators Grant program. Eligible organizations with a reduction in revenue due to the COVID-19 pandemic will have the opportunity to receive up to a $10 million grant under the program. In total, the Economic Aid Act allocates $15 billion for the Shuttered Venue Operators Grants.
This webinar will provide introductory information about the grants, who can apply, how potential organizations can prepare, and other detail regarding eligibility and applications.
The webinar has reached capacity; however, you can join the waitlist to receive a recording of the webinar afterward. It will also be posted to the SBA YouTube channel.

Register for webinar recording

 
 

local assistance, resource partners, coronavirus, get free virtual counseling, mentoring, and training


Create a Resiliency Plan with Help From Business Experts to Move Your Business Forward


The SBA works with a number of local organizations to counsel, mentor, and train small businesses through our official Resource Partners: SCORE mentors, Women’s Business Centers, Small Business Development Centers, and Veterans Business Outreach Centers. Connect with local business experts to confidently move your business forward.

Find an adviser

 

Coronavirus (COVID-19): Small Business Guidance & Loan Resources


Information on Additional Resources Forthcoming


Information on other COVID-19 assistance for small businesses -- including Express Bridge Loan, SBA Debt Relief, Targeted EIDL Advance -- is on the SBA website with additional updates coming soon. 
The SBA is committed to ensuring relief programs are launched as quickly as possible to deliver critical economic aid to America’s small businesses.

Read about relief options

Subscribe to get email updates


Subscribe to Get SBA Updates As They Happen


Was this newsletter forwarded to you? Subscribe to get SBA email updates sent directly to your inbox to get news and information as it is released from the agency.

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Historic Downtown Pocatello

420 N Main St

Pocatello, ID 83204

208.232.7545

info@historicdowntownpocatello.com

Click Here to see what's happening downtown this week!

News

Farmers Market Opening Day

  May 1!

It's time for the Portneuf Valley Farmers Market to open for another exciting season.  Plan now to come shop the market on Saturday, May 1 from 9am to 1pm.  There will be a variety of specials just in time for Mother's Day.  The market will be open every Saturday at the Downtown Pavilion, 420 N. Main St., from 9am to 1pm through the end of October.

 

First Friday Art Walk

  May 5!

On Friday,  May 5, you are invited to come Downtown and enjoy First Friday Art Walk.  The festivities will begin at 5pm and will include local and regional art, live music, food, fashion and more.  Plan now to come stroll through Downtown and enjoy the charm of our monthly Art Walk!  Admission is free and so is the parking

 

Gate City Brewfest 

  June 5!

Tickets are on sale now for the return of Gate City Brewfest!  Join us on Saturday, June 5 from 3-7pm to sample over 70 beers in 20 locations.  Our beer stroll is back and will be better than ever!  Get your tickets today!  Click here to buy tickets and save $5!

 

Revive @ 5 Wednesday Concerts Begin

  June 30!

The Bannock Civitan Club is excited to announce Revive @ 5 Weekly Wednesday Summer Concerts will begin on Wednesday, June 30.  The Kyd-J Band will kick off the summer schedule playing from 5-8:30pm.  Be sure to come listen to great music, enjoy delicious food and cold beverages at the Downtown Pavilion!  Concerts will continue every Wednesday thru September 8, 5-8pm.

 

Relight the Night Historic Neon Sign Project 

Relight the Night is in the process of raising funds for our next neon sign restoration.  To help make this next sign relighting possible click on the Donate Now button below.  Thank you!

 

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