The wellness of our Colfax community is extremely important to us here at Colfax Ave. We want you to know that we’re monitoring all recommendations and updates from government officials surrounding the novel coronavirus, or COVID-19.
The first priority for everyone is to take appropriate steps to limit the spread of COVID-19 and ensure our entire community remains healthy.
Below you’ll find some ways to support our businesses along with some resources available for business and property owners.
How to Stay Safe & Support Colfax Businesses
During this time of changes in events, work schedules, and travel, we encourage you to remember our many small, independent businesses on Colfax and throughout our community and to continue supporting them even if you can’t visit them physically.
Please share these pages for easy ways to support our local businesses!
Resources for Business & Property Owners
City Resources
Mayor Hancock announced a $4 million Small Business Emergency Relief Fund. The program will offer cash grants of up to $7,500 to assist eligible small businesses that may have had to temporarily close, have difficulty with paying their rent and utilities, or have had to lay off staff.
State Resources
Small Business Association’s Economic Injury Disaster Loan Program. Small business owners are eligible to apply for an advance of up to $10,000.
The Colorado COVID Relief Fund is now accepting grant applications! Eligible organizations across Colorado may receive a general operating grant of up to $25,000.
The Colorado Small Business Development Center (SBDC) Network has been mobilizing itself to be a resource to small business owners across the state.
The Colorado Department of Labor and Employment (CDLE) announced assistance for workers and employers.
Federal Resources
The President has signed a $2 trillion stimulus relief package that will provide:
- $250 billion direct payments to Americans
- $350 billion in forgivable small business loans that would allow business owners to meet three months of payroll rather than laying off employees
- $250 billion in expanded unemployment insurance benefits
- $500 billion in loans for distressed companies
Not sure where to start? Check out this handy guide.
We’re here to help.
We know these are unchartered waters, but we also know how resilient and strong our Colfax community is. While we will be physically distant during this time, we’ll work to remain closely connected. You can always email us at info@colfaxave.com. Keep an eye on this page for updates, and stay in touch with us on Facebook, Twitter, and Instagram.