• COVID-19 Guidance & Resources

  • The Keweenaw Chamber of Commerce is working diligently to serve our community in a positive and encouraging way.

    With the onset of the COVID-19 health challenges, our team will be updating this page on a daily basis to best serve our COMMUNITY FIRST.  We'll be partnering together with local organizations and reaching out to our members and all businesses to help share the GOOD that is happening so that we can support each other, stay strong and take our community to the next level of greatness.​

    Please watch for more information coming from us. We are taking this seriously and doing our part to help flatten the curve. 

    Please contact the Chamber, KEDA, or the KCVB one of these ways:


    Tara Arens, Manager
    Keweenaw Chamber of Commerce
    906.482.5240
    Info@keweenaw.org
     
    Jeff Ratcliffe, Executive Director
    Keweenaw Economic Development Alliance
    906.482.6817
    Jeff@kedabiz.com
     
    Brad Barnett, Executive Director 
    Keweenaw Convention & Visitors Bureau 
    906.337.4579 
    Bbarnett@keweenaw.info 

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  • NEW MEMBER'S

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    FUNDING RESOURCES

    Payroll Protection Program The Small Business Administration will resume accepting Paycheck Protection Program (PPP) loan applications on Monday, April 27 at 10:30 AM EDT from approved lenders on behalf of any eligible borrower. This will ensure that SBA has properly coded the system to account for changes made by the legislation. Talk to your banker. We assume that the SBA Economic Injury Disaster Loan (EIDL) program will also resume taking applications so keep an eye on the SBA EIDL site.

    Michigan Unemployment Insurance for Self Employed, Contract, and Gig Economy Workers. The recently enacted CARES Act Pandemic Unemployment Assistance and Compensation programs grant benefits to workers who do not already qualify for state unemployment benefits. Workers include self-employed, 1099-independent contractors, gig, and low-wage workers who can no longer work because of the pandemic. The agreement also increases weekly benefits for all unemployed workers by $600 a week for up to four months and extends benefit payments from 26 to 39 weeks. Go here for more information.  

    MI Local Biz Offers Quick Access to Capital for Small Businesses - In response to the COVID-19 crisis, MEDC, in conjunction with the Detroit-based crowdfunding platform Patronicity, has developed “MI Local Biz,” a creative funding mechanism that offers quick access to capital for small local businesses during this unprecedented time of need. The MEDC will match crowdfunding raises on a 1:1 basis up to $5,000 for eligible small businesses experiencing economic challenges as a result of COVID-19 such as restaurants, bars, coffee shops, salons, hardware stores, retail shops, etc.

    The Resilience Fund, which provides recovery grants and loans to diverse entrepreneurs and small businesses from underrepresented groups in Michigan. This fund is intended to assist geographically and demographically disadvantaged individuals.

    The Michigan State Trade Expansion Program (MI-STEP), which offers financial assistance for exporting activities to eligible Michigan small businesses.

    Metro Community Development Program, which aims to provide micro- and small business loans to Michigan businesses that have been most impacted by the COVID-19 outbreak, including restaurants, coffee houses, retail stores and service providers.

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    TAX RELIEF

    State of Michigan  - SUW: Department of Treasury is waiving penalty and interest for the late payment of tax or the late filing of the SUW return due on March 20, 2020. The waiver will be effective for a period of 30 days; therefore, any return or payment currently due on March 20, 2020, may be submitted to the Department without penalty or interest through April 20, 2020. 
    Waiver Notice

    Federal - Income Taxes: Individual and corporate taxpayer now have an additional 90 days to pay their taxes. Taxpayers will have until July 15, 2020, to pay and file their taxes. This applies only to Federal income tax payments (including payments of tax on self-employment income) due on April 15, 2020, for the 2019 taxable year, and Federal estimated income tax payments (including payments of tax on self-employment income) due on April 15, 2020, for an Affected Taxpayer’s 2020 taxable year.

    Employee Retention Credit - ​If you have been able to retain some of your employees you may qualify for a federal tax credit against certain employment taxes equal to 50 percent of the qualified wages an eligible employer pays to employees after March 12, 2020, and before January 1, 2021.