COVID-19 Business Resources

Updated: 11/19/21

The Nash County Economic Development Department is committed to providing resources and advice for the business community amid this unprecedented COVID-19 pandemic. We would also like to recognize to additional community partners; Nash Community College Small Business Center and the The Rocky Mount Area Chamber of Commerce for additional resources and opportunity’s to assist.

This list will be updated frequently over the coming months to provide our businesses with the timeliest information available.

The Economic Development Department Office is open and fully operational to meet the needs of our businesses. If you have any questions or need any assistance, don’t hesitate to give us a call at 252-462-2027

If you need additional information or resources please email us at econdevelopment@nashcountync.gov

Financial Resources

  • City of Rocky Mount Small Business Assistance Grant. Small businesses are eligible if have fewer than 25 employees and are based in the City of Rocky Mount. Eligible and interested small businesses are invited to apply for CARES Act CDBG-CV funding to assist in preparation, prevention and response to coronavirus.

American Rescue Plan Act of 2021 (copied from the SBA) – 3/29/21

Upon President Biden signing the American Rescue Plan Act of 2021 into law, the U.S. Small Business Administration’s Senior Advisor Michael Roth stated:

“The American Rescue Plan Act enables the SBA to continue to lift up the cornerstones of our communities; the mom-and-pop businesses and nonprofits that provide essential services for our everyday lives, hire from within neighborhoods, and more. Our nation’s more than 30 million small businesses are the economic engine of this country and, in alignment with the Biden-Harris Administration’s focus on equitable treatment, the SBA will work tirelessly to ensure eligible borrowers will get access to this critical economic relief.”

Economic Injury Disaster Loan (UPDATED 11/19/21)

Since the start of the pandemic, the U.S. Small Business Administration has delivered more than $1.1 trillion in COVID-related relief to millions of entrepreneurs. The COVID EIDL program is the remaining SBA relief program open to small business owners who still need recovery assistance. The COVID EIDL program, which runs through Dec. 31, 2021, offers 30-year loans with fixed interest rates of 3.75 percent for small businesses, including sole proprietors and independent contractors, and 2.75 percent for nonprofits.

The SBA recently announced modifications to the COVID EIDL program, including:
  • increased loan cap from $500,000 to $2 Million
  • expanded use of funds to pay commercial and federal debt
  • streamlined review processes
  • deferred payments

For more information, visit www.sba.gov/eidl

SBA’s current relief efforts can be found at www.sba.gov/coronavirusrelief, and more details about these program updates and new efforts the SBA will administer in the coming weeks will be located there as well.

SBA Triangle Area (Raleigh)
Senior Area Manager
Patrick Rodriguez
919-532-5525 or 202-741-7097
patrick.rodriguez@sba.gov

PPP Loan Forgiveness

Applications for PPP Forgivable Loans has ended. If received a loan, can still apply for forgiveness:

SBA PPP loan forgiveness

EDA CARES Act Recovery Assistance

EDA CARES Act funds were appropriated under the Economic Adjustment Assistance (EAA) Program. The EDA will accept applications for grants to support a wide variety of assistance including:

  • Planning and Technical Assistance
  • Capitalization and Recapitalization of Revolving Loan Funds, which provide access to capital for businesses
  • Construction of infrastructure and other economic development projects
  • Innovation grants

To learn more about EDA CARES Act Recovery Assistance, click here.

Operational and Staffing Resources

NC Works can assist businesses with closing and/or layoffs and provide information for employees on how to file for unemployment insurance and additional job opportunities that may be available within the community. Contact: Diane Thomas, Rocky Mount NC Works Office 252-977-3306

Unemployment options due to COVID-19- The Department of Commerce Division of Employment Security has been directed not to allocate charges to employers for individuals who are paid benefits due to the effects of COVID-19 outbreak. For additional information please click here.

COVID-19 web portal, with information from across State government, including public health, unemployment, parks, courts, state offices like DMV, and more. North Carolina COVID-19 Response: COVID-19 Information from Across State Government

Additional Resources

Support Local

We ask that you continue to support local restaurants by participating in curb-side service. A complete list of county restaurants with “to-go” dining options can be found on the Explore Nash County website.

Additional resources:

COVID-19 Business Impact Survey

Nash County Business Retention COVID-19 Survey. Nash County believes each business is vital to the success in our local economy. We understand that the COVID 19 pandemic has increased undue hardships on area businesses and we want to know how we can help. We would like ask you to complete a brief 5 minute survey for us to better understand the needs of your business and your employees. This will allow us to provide you with the most appropriate resources.