Business Resource for COVID-19

Thank you for your continued cooperation and support as we work to keep local business owners and community members informed on the ever-changing COVID-19 pandemic. Please read the new information and resources outlined below. If you have any questions, concerns, or ideas, please email haille@ogdendowntown.com

As of 11/9/20 Governor Gary Herbert has issued a State of Emergency concerning COVID-19. The Governor’s executive order enacts statewide restrictions regarding a statewide mask mandate, limiting social gatherings and weekly testing of students at colleges and universities.
For more information regarding the State of Emergency visit
https://coronavirus.utah.gov/state-of-emergency/

Please take the Business Impact Survey

It is important that Ogden City is able to see exactly how your business is being impacted by the affect of COVID-19. Your responses help to determine the most important ways to respond directly to local business community’s needs. Take the business impact survey. Note: survey questions were developed by Salt Lake City Economic Development and were adapted for use in Ogden.

Emergency Loan Funds

Small Business Administration Loans

The Governor’s Office of Economic Development has been working closely with the Small Business Administration (SBA) to secure low-interest loans for small businesses that have been affected by COVID-19. All 29 Utah counties are now eligible to apply for low-interest loans through the SBA.

The terms of the SBA loans are as follows:

  • 3.75% interest rate for small businesses
  • 2.75% interest rate for non-profits
  • Repayment terms of up to 30 years

While this loan program does not solve all of the economic challenges many of us are facing, it will serve as an effective tool for businesses affected by COVID-19. Governor Herbert also has convened an economic council to discuss additional strategies to support local businesses.

Utah Governor’s Office of Economic Development has announced the “Utah Leads Together Small Business Bridge Loan” program. Loan amounts range from $5,000 to $20,000 with 0% interest rates for a 60 month term. More information on the bridge loan program can be found at the Utah Leads Together site.

Ogden continues to be a proud and innovative business community.

Five Wives vodka has temporarily shifted focus to make hand sanitizer available to for the community. They are working with Ogden locals, Hippie Skin and Grounds For Coffee, to sell the sanitizer at as close to cost as possible. They are also getting national recognition for their work.
You can learn more information on Five Wives’ FAQ.

Coleman Knitting Mills is also temporarily shifting business from making sportswear to making washable surgical masks and gowns. They are shipping nationwide to medical practitioners and first responders. If you know any local medical practitioners or first responders in need, please have them contact Coleman Knitting Mills ASAP.

Downtown Businesses

We have been working closely with our partners throughout the area to, in as many ways possible, to mitigate the impacts of COVID-19 on local and independent businesses. Please do not hesitate to reach out to us with any questions, concerns, ideas, or requests. 

If you have altered any of your business’ standard practices, including hours of operation, please let us know by emailing haille@ogdendowntown.com so we can help get the word out about these changes. Additionally, we have updated our Social Media Scheduler with an area for business owners to identify how we can support them and the information they would like shared.

If your business is actively working to fight the spread or you know of any that are, let us know. We would love to share the story how the Ogden community is proudly working together and still moving forward. Send information to haille@ogdendown.com

General Recommendations for Businesses

Businesses can help slow the spread of COVID-19 and protect the health of their employees and community by following federal and state guidelines. Below are key recommendations for businesses from Utah’s Coronavirus Employer Information Session (recorded on March 10, 2020), along with with recent updates from the Centers for Disease Control and Prevention (CDC). Conduct frequent cleaning of work sites, require good hygiene practices, in particular, frequent hand washing or hand sanitization. Require that sick employees or those with any potential exposure to COVID-19 stay home. Implement flexible work and leave policies. Promote social distancing and use strategies such as teleworking, staggering shifts, and using technology to hold meetings remotely. Cancel work-related travel to impacted areas, per latest CDC guidance. Follow latest CDC guidance on meeting and gathering size. Plan for event and travel cancellations, high rates of absenteeism, supply chain interruptions, and revenue impacts. For more information on business resources for COVID-19, click here.

Additional Resources & Links

We know that you are doing everything possible for the well-being of your employees and your business. If you do have to lay off some of you workforce please visit our Resources for Laid Off Employees Guide. There are some suggestions on how your employees that have been laid off can maintain health coverage.

Centers for Disease Control and Prevention. COVID-19 website Interim Guidance for Businesses and Employers, Visit Ogden, Support Ogden Dining COVID-19 Information. Impacted Workers, workers negatively impacted by COVID-19 are encouraged to apply for unemployment insurance here. Additional state resources for impacted workers, including information on SNAP/food stamps, will be published here.  Other health and human services resources are available through United Way’s 211 program.

Michael Finery, Utah SBDC State Director, suggests some business survival tips to weather the COVID-19 storm.

  1. Reduce your burn rate. Some tips to immediately lower your business’s expenses include renegotiating your rent payments, talk with your lender about debt repayment, discuss terms with suppliers, reduce working hours and cut unnecessary costs.
  2. Innovate and seek new ways to Make Money. Create a new product. Work on that project that you’ve putting off. Use video and teleconferencing technology. Use what you have in a different way. Most importantly, communicate with your customers. Let them know your plans and how they can support you in this time.
  3. Secure financing. We’ve already laid out some different resources available to you from the SBA, Ogden City Business Development. Some other options may include your local bank or credit union, a private loan or even taking on an equity investor.

This situation is intimidating, but there are resources available to you. Ogden Downtown Alliance is committed to helping your business be successful. Information is changing rapidly and we will continue to bring you updates as we are able.