COVID-19 Resources 

The Bank of ND has new COVID loan programs. All of the BND Business lending programs work with local lenders as the borrower’s first point of contact. The local lender initiates the loan application with BND on behalf of the borrower. Complete information is available at: https://bnd.nd.gov/business/

 

The SELF: Small Employer Loan Fund is for very small ND businesses (10 or less FTE) with negative impacts caused by the COVID-19 Pandemic.

https://bnd.nd.gov/pdf/Small-Employer-Loan-Fund-Fact-Sheet.pdf

 

The CPRP: COVID-19 PACE Recovery Program provides low interest loans to ND businesses with negative impacts caused by the COVID-19 Pandemic.

https://bnd.nd.gov/pdf/COVID-19-PACE-Recovery-Program-Fact-Sheet.pdf

The purpose of school closings, cancelled events, and other social distancing measures is in an effort to slow down the progression of the Corona Virus. The hospital and public health are taking all steps necessary to prepare for the virus, but do not have the capacity to handle everyone getting sick at the same time. 

 

If you have a fever of 100.4 along with other symptoms, cough and shortness of breath, please call CliniCare 265-6307 or PCMHA 265-8461 to speak with a provider. They will direct you on how you can do a drive by test. Typically, symptoms do not show up until day 4-6. Which means you will be contagious before you show symptoms. Thus the reason for social distancing. If you show symptoms, testing is free.

Pembina County Memorial Hospital and CliniCare ask that you follow these guidelines during this time:

 

If you feel that you may have COVID-19 or display symptoms you MUST CALL FIRST! 

 

·         DO NOT enter the facility

·         CALL 701-265-8461 and tell them you feel you may have COVID-19 and you will receive further instructions

 

 

If you are experiencing a medical or trauma EMERGENCY call 911.

 

A majority of people will get this virus and be fine, however we do have people within our community who are considered high risk and we want to take whatever measures we can at keeping absolutely everyone in our community safe. 

 

We need to work together as a community to ensure this happens. That includes, purchasing only what you need for your home, rather than stockpiling. If you have traveled anywhere within or outside of the US, please self-quarantine for 14 days. Please use general hygiene practices, including washing your hands with soap and water regularly. When cleaning make sure household products include killing viruses specifically. 

Please see the PCMH link if you need further information regarding COVID-19. If you have any questions please feel free to call us at the city office 265-8800, Public Health 265-4248, or PCMHA 265-8461.

 

We need to focus on the facts presented and not react out of fear in this situation. Everyone please say a prayer, have faith, and we’ll all get through this together.

 

The visual above can provide a more accurate description of what social distancing means. 

Stop #1—Your Local Bank
Your Local Bank.  If the company has a loan with its local bank, this is the first stop.  It is the most knowledgeable about your situation and how to assist your specific needs.
 
Stop #2—SBA Small Business Disaster Loan
With passage of the supplemental appropriation, the SBA was provided funding to distribute through their disaster relief program.  These loans can be used for the following purposes. 

  • Loans may be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid due to the disaster’s impact. 

  • Up to $2 million per business

  • 3.75% interest rate for small business and 2.75% for non-profits 

  • May be able to pay back over a 30-year term depending on borrower ability to repay

  • Applicants must not be eligible for other loans

  • This is a direct loan from the SBA and online applications are available at www.sba.gov/disaster

 

Stop #3—North Dakota Department of Commerce

The Department of Commerce has several options.

 

Option 1: The North Dakota Department of Commerce is granted the ability to provide “Emergency Loans” through its rural growth incentive program. Under this program, the DOC may declare an emergency and make loans to “Essential Service Companies.”  These include gas stations; pharmacies; grocers; and in some cases, restaurants.  

  • Communities with less than 2,500 in population are eligible

  • The request to NDDF is a dollar-for-dollar match by the city

  • A community can apply for $25,000 to $75,000 in matching funding

  • Loan terms are based on individual needs

 

Option 2: Loans for companies certified as primary sector. Details of this program include:

  • Up to $1 MM for job creation or retention

  • Lower than market interest rated

  • Must have secured matching financing from a private bank

 

Option 3: Childcare Loan Program

  • Up to $100,000

  • 2.5% rate

 

Additional details as well as programs can be located at: https://www.business.nd.gov/development_fund/NDDFPrograms/

 

Option 4: Pace/ Flex Pace (BND)

ED&F is temporarily focusing on delivering quality and high impact guidance and services to companies using two main approaches:

 

  1. We are the subject matter experts on federal programs. We are prepared to discuss existing programs that can help, the new SBA emergency loan program as well as legislation that will likely be passed in the coming weeks to offset some of the difficulties our businesses and residents may face.

  2. Due to the speed and nature of COVID-19, I have divided my team based on geography. As such, please align your communication with the assigned point of contact. Your points of contact for all things federal and state will come from the assigned professional below:

 

Region 4: Cortnee Jensen cjjensen@nd.gov

 

Behind our geographically assigned team is a group of professionals that will support them via legislative analysis as well as finance given the anticipation of increased applications for support during this time.

 

Option 5: Community Development Block/Community Development Loan Fund

 

 

The CDBG/CDLF program’s infectious disease response has 9 funding buckets across the state (8 regional councils, and also the Governor’s Office). The terms of these funds (grants, loans, or forgivable loans) are determined by those entities uniquely. For additional information, please contact your regional council or the Director of Community Services https://www.communityservices.nd.gov/about/Staff/.  Assistance is available to businesses related to the following:

 

  1. New or expanding business to create jobs and manufacture medical supplies necessary to respond to infectious disease.

  2. Avoidance of job loss caused by business closures related to social distancing by providing short-term working capital assistance to small businesses to enable retention of jobs held by low- and moderate-income persons.

  3. Expansion of microenterprises that provide medical, food delivery, cleaning, and other services to support home health and quarantine.

 

Other considerations:

From the Tax Department – If a business is having difficulties meeting a tax filing deadline as a result of COVID-19 related matters they should contact our office and we will handle the issues on a case-by-case basis.  Contact information can be found at www.nd.gov/tax

 

Please note that this situation remains fluid. New legislation and programs as well as updates surface on a highly frequent basis. As such, you may receive a communique and within six hours, information may be outdated. We will do everything possible to remain current.