COVID-19 Business Resources
We recognize the businesses of Firestone work hard to provide quality goods and services to the community, and COVID continues to present challenges. This webpage has been revised to provide recent program updates and information, while still providing links to regional and national resources. If you are not able to locate the information you need, please contact a member of our team for assistance:
Paula Mehle | 303-531-6265 | firstname.lastname@example.org
Michelle Magelssen | 303-531-6263 | email@example.com
Scroll through to read the most current business resource updates for the COVID-19 Pandemic.
The Small Business Relief Fund Program is closed.
The Town of Firestone has received funding from the State of Colorado to administer the Small Business Relief (SBR) Program to qualified businesses in our community. A total of $53,500 was awarded to 11 businesses! These businesses each recognized a revenue loss of at least 20% due to COVID restrictions or had opened for business just before COVID restrictions went into effect. The State Legislature will reconvene on February 16, 2021. The Small Business Relief (SBR) Program webpage will be updated with new information if action is taken to extend or otherwise modify the program. Please check back for updates later this month.
State Issues “Dial 2.0” - Level Metrics and Some Capacity Restrictions Changed
Dial 2.0 is now in effect. The decline of COVID incident rates across the State has prompted an increase in the range of disease incidence metrics within a 7-day period for all dial levels. Some capacity restrictions have also been updated to allow more capacity.
Learn more about what this means for your business:
For information from Weld County's Public Health Department, including posters for your business and additional resources visit Weld County's COVID-19 webpages.
Weld County Service Industry Relief Fund – Extended!
The Weld County Service Industry Relief Fund has been extended through February 28, 2021. The fund allows grants up to $10,000 to businesses specifically affected by state restrictions. This program is separate from the Weld County Business Recovery Progam, and businesses that applied for previous federal and/or local Economic Relief Loans and/or Grant Programs may also apply for this program. Grant administration will give priority to service-based businesses deemed "high-risk," including restaurants, bars, and other food and beverage service providers; gyms and fitness centers; live event venues and movie theaters; entertainment including bowling centers, arcades, and recreation facilities; and, other public-facing business under special circumstances. Visit WeldRecovery.com to learn more about this opportunity and review the guiding principles for this program to determine eligibility. Eligible businesses may apply online.
Black Hills Energy – Colorado Gas Commercial Rebates
Restaurant & Bar Special Sales Tax Deduction - Includes Mobile Food Vendors!
Colorado Office of Economic Development & International Trade (OEDIT) - Business Assistance
The State's COVID-19 Business Resource page is continually updated with the latest information on State and Federal programs, including the Small Business Administration (SBA) loan and other COVID business assistance programs. You may also sign up for email updates about COVID-19 programs for the business community at the bottom of that web page. Businesses can contact the COVID-19 Support Hotline, Monday through Friday, from 8:00 am to 5:00 pm at 303-860-5881 or firstname.lastname@example.org with specific questions or for help understanding which programs may provide your business the most benefit.
Employee Retention Tax Credit (ERC)
The ERC is a tax credit from the latest stimulus designed to support local businesses impacted by Covid-19. Similar to the PPP, these are government funds that do not need to be paid back. The ERC pays out up to $5,000 per employee for 2020 and up to $7,000 per employee for 2021. An estimated 98% of restaurants and other service-industry businesses qualify for this credit. Learn more.