Dearborn Business and Property Owner Virtual Town Hall: COVID-19 Relief and Dearborn Business Assistance Teams - Shared screen with speaker view
can you un mute me?
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?
Good afternoon everyone! I hope everyone is doing well and is safe!
question for Debbie on any timeline for funds dispersed for loans already applied for.
no response or money from EIDL applied 10 days ago
I know that it is three days post review, Lynette, let's see what else comes up....
Hi all, Steve Deisler, Cristina's new staff person
Banks are providing 3 months deferment on residential mortgages. Tell your employees.
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?
that’s my understanding too
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
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.
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
what about small business water bills paid?
I am not seeing a lot of info for the 1099 / Contract / Freelance / Sole Prop business here
We're taking Qs at the end, let everyone know what's missing...
Michael Phillips - KW Legacy
My bank will allow reinstatement, repayment plan or loan modification
Shannon Selby, Director Economic Development Wayne County
I have a hard stop. Kamal is available to take questions for Wayne County. Thank you and everyone stay safe!
one way to use the money
sorry on a cell hot spot up north
yes that’s what I meant
what is the benefit of working with an organization such as the SBDC to garner and apply for grants/ loans?
Melissa Demorest LeDuc
I have a hard stop as well, but I am available via email for questions! Thanks everyone for participating!
Thanks Melissa!!! ;-D
thank you everyone
it appears that funds are going to be distributed to larger small businesses and not freelances and sole propsthis is very discouraging