COVID-19 - What You Need to Know TODAY April 4, 2020April 07, 2020
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The Cedar Park Chamber of Commerce and Williamson County hosted an informative SBA Loan Update with Mike Litton, Executive Vice President and Director of SBA Lending for R Bank. As we navigate the COVID-19 (Coronavirus) Pandemic there continue to be many questions on how your business may qualify and can apply for the new SBA Loans recently signed into law. To view the video of this update, please CLICK HERE.
As soon as you on whether or not to apply for these loans, be sure you contact your bank to do so. The Austin Business Journal reported yesterday that Wells Fargo stopped taking applications for the Paycheck Protection Program (PPP) loans. By the evening of April 5th, they had already exhausted their $10 billion capacity for lending under the SBA’s PPP as he bank operates under a regulatory asset cap.
FEDERAL & STATE UPDATES FOR BUSINESS
The CDC continues to remind people to do the following “Healthy Habits to Prevent COVID-19” that they are pushing out to everybody this week. AVOID close contact. STAY HOME when you are sick. AVOID TOUCHING your eyes, nose or mouth. COVER your nose and mouth if you sneeze or cough. CLEAN your hands. PRACTICE other good health habits. Follow CDC recommendations for USING A FACEMASK.
Governor Greg Abbott announced that the State of Texas now has over 1,000 hospitalized with COVID-19. Despite this number, the Governor said he was satisfied with the stat’s supply of medical equipment and the number of hospital beds to handle the current projections on the spread of Coronavirus.
WILLIAMSON COUNTY UPDATES
Yesterday, Williamson County and Cities Health District received notification of the third COVID-19 death in Williamson County. The resident was a woman in her 60s. Due to privacy laws, limited patient information was available beyond that point. In addition to this tragic news, the Health District also announced four new positive cases of COVID-19 brining the total to 81.
Williamson County is now also encouraging all county residents to follow the new CDC recommendations to wear face coverings when they are out in public. This is in addition to the social distancing recommendations, which remain the best practice to help reduce the spread of COVID-19. This extra safety measure is helpful in places where social distancing may be difficult to enforce to help people who may have the virus and not know it from transmitting it to others.
The Williamson County Commissioners Court will meet virtually today beginning at 9:30am. Anybody wishing to make public comments will still need to go to the Williamson County Courthouse to speak. You can view the Commissioners Court Meeting live at www.wilco.org/livemeetings.
Beginning today, Leander ISD (LISD) will begin loaning Chromebook laptops to elementary students (Grades PreK – 5) who have limited or no access to a device at their homes. LISD has installed content filtering on the devices in order to keep students safe while online and to comply wit the Children’s Internet Protection Act (CIPA). These devices are on loan from LISD to provide learning opportunities for all students and are expected to be returned in the future.
Because LISD does not have enough devices to distribute to every elementary student in LISD, they are respectfully requesting that families utilize resources at home .
COVID-19 (CORONAVIRUS) EMERGENCY LOANS
To view the informative SBA Loan Update with Mike Litton, Executive Vice President and Director of SBA Lending for R Bank hosted by the Cedar Park Chamber of Commerce and Williamson County, please CLICK HERE.
The U.S. Chamber has several guides available to you to help guide you through the decision-making process of your next steps. Please take a moment to look these over as you continue to make these tough decisions. All of these links and many more are available on the Chamber Website.
While these last few weeks have been anything but normal, I am proud of the way our business community continues to step up to the challenge. From the beginning we had businesses like Whitestone Brewery and Red Horn Coffee House and Brewing Co. stepping up to make hand sanitizer. We have had Visual Lighting Technologies (VLT) making face shields for first responders.
We have had logistic chains continue to move essential items like food, cleaning supplies and much more to our stores. We have had those stores open early for the elderly, immune compromised and first responders. Our local restaurants have made extraordinary changes to the way people can get quality meals from outside their home. Our business community has stepped up to this challenge safely and responsibly.
SEND US YOUR STORIES! Do you have a story to tell about how your business is helping? How another business helped you? A story of kindness or helpfulness? Send it to us. We want to promote those moments. Send directly to me – firstname.lastname@example.org.
Please don’t forget to take our 3-minute COVID-19 LOCAL Business Survey. CLICK HERE!
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