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Dearborn Business and Property Owner Virtual Town Hall: COVID-19 Relief and Dearborn Business Assistance Teams - Shared screen with speaker view
Steven A
02:23:49
can you un mute me?
Jackie Lovejoy
02:34:03
Let's discuss "stay at home" for businesses who are like nurseries.....are they able to deliver and compete with Home Depot and the like? Or does that loosen it too much?
Hassan Sheikh
02:38:55
Good afternoon everyone! I hope everyone is doing well and is safe!
Lynette Downey
02:39:38
question for Debbie on any timeline for funds dispersed for loans already applied for.
Lynette Downey
02:39:43
thanks
Lynette Downey
02:43:17
no response or money from EIDL applied 10 days ago
Jackie Lovejoy
02:45:27
I know that it is three days post review, Lynette, let's see what else comes up....
Steve Deisler
02:49:02
Hi all, Steve Deisler, Cristina's new staff person
Steve Deisler
02:50:47
Banks are providing 3 months deferment on residential mortgages. Tell your employees.
Steven A
02:53:04
Yes, but i understand that the 3 months is all due at 1 time. Along with your current month once things revert back to normal. At least according to article read today?
Lynette Downey
02:53:31
that’s my understanding too
Michael Kuentz
02:56:30
what is the status of the Detroit/Wayne County Small Business COVID 19 Relief Grant Fund contacting applicants on April 7? I applied and received nothing except a notice of receipt of application
Jackie Lovejoy
02:57:19
That is not my understanding....I've spoke with bankers who are extending the terms of your mortgages or loans. I think it MIGHT depend on your bank or CU.
Michael Kuentz
03:06:21
RE: deferred mortgage - my loan company told us that as a home owner we can have 3 months deferred payment but after 3 months, a payment equal to 3 months must be made. That was not a viable option so we decided not to do it
Lynette Downey
03:25:24
what about small business water bills paid?
Michael Kuentz
03:29:51
I am not seeing a lot of info for the 1099 / Contract / Freelance / Sole Prop business here
Jackie Lovejoy
03:30:28
We're taking Qs at the end, let everyone know what's missing...
Michael Phillips - KW Legacy
03:43:57
mike_phillips@kw.com
Steve Deisler
03:47:45
My bank will allow reinstatement, repayment plan or loan modification
Shannon Selby, Director Economic Development Wayne County
03:52:32
I have a hard stop. Kamal is available to take questions for Wayne County. Thank you and everyone stay safe!
Lynette Downey
03:53:32
one way to use the money
Lynette Downey
03:53:52
sorry on a cell hot spot up north
Lynette Downey
03:54:38
yes that’s what I meant
Lynette Downey
03:55:59
great
Michael Kuentz
03:57:21
what is the benefit of working with an organization such as the SBDC to garner and apply for grants/ loans?
Melissa Demorest LeDuc
03:59:37
I have a hard stop as well, but I am available via email for questions! Thanks everyone for participating!
Jackie Lovejoy
03:59:55
Thanks Melissa!!! ;-D
Galaxy Note10+
04:01:00
thank you everyone
Michael Kuentz
04:04:19
it appears that funds are going to be distributed to larger small businesses and not freelances and sole propsthis is very discouraging