Wednesday, May 27, 2020

Moab, UT

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    Herbert to small businesses: Contact lenders

    Featured Stories

    Arches, Canyonlands to reopen May 29

    Arches and Canyonlands national parks will partially reopen to the public at the end of the month, according to a spokesperson for the parks, following guidance from the Centers for Disease Control and Prevention and state and local public health authorities.

    The party is over at Imagination Station art supply store

    Cindy Sue Hunter serves a customer at her art supply store, Imagination Station, which has been reconfigured to allow shoppers to do what Hunter calls “door shopping."

    Lionsback Resort: City of Moab seeks help from Utah Supreme Court

    The City of Moab has appealed to the Utah Supreme Court a lower court’s finding that it should...
    Carter Pape
    Carter Papehttp://moabtimes.awebstudio.com/author/carter-pape/
    Reporter Carter Pape covers news out of the Grand County Council Chambers, including housing, tourism, crime, and more.

    Governor implores people to apply through SBA

    Small business owners have been strongly encouraged to apply for financial assistance through the recently passed Paycheck Protection Program by Gov. Gary Herbert and Economic Task Force Chair Derek Miller, and lenders were thanked for their quick and efficient work with businesses in an effort to mitigate the economic effects of the coronavirus.

    “Every Utah business with [fewer] than 500 employees that has been impacted by COVID-19 should apply for a PPP loan, emergency disaster loan, or both,” said Herbert. “Our banks, credit unions, and all qualified Utah lenders are working overtime to assist not only existing customers but new customers, as well.”

    The Paycheck Protection Program is available to all businesses — including nonprofits, veterans organizations, tribal business concerns, sole proprietorships, self-employed individuals, and independent contractors — with 500 or fewer employees.

    The two-year term loans have a fixed rate of 1%. The unsecured loans do not require collateral or personal guarantees by the borrower. No borrower or lender fees are payable to SBA. The maximum loan amount is $10 million or two-and-a-half times the business’s average monthly payroll costs.

    “This is the most important thing we can do right now to support the Utah economy, our businesses and families,” noted Miller when discussing the program. “The capital that comes to businesses — that goes to pay employees and pay rent and other operating expenses — flows through the economy. The Utah Leads Together Plan identifies federal stimulus as one of the most important ways Utahns, employers and the overall economy can get through the urgent phase. It’s the fuel that will keep our economic engine running. Every business impacted by COVID 19 should apply.”

    The purpose of the Utah Economic Response Task Force is to connect people with available business resources and provide technical assistance through the Rapid Response Team. This team has more than 50 volunteers from over 20 Utah organizations and has already assisted over 600 Utah small businesses.

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    Latest News

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    Nominees sought for Theodore Roosevelt Genius Prize Advisory Council

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    The Times-Independent interviewed Grand County High School Principal Steve Hren and Grand County School District Superintendent Taryn Kay on May 11 about their experience and thoughts about the two prior months, in which local campuses closed, and students were sent home to finish off their year doing distance education amid the COVID-19 pandemic.

    The class of 2020 will celebrate like none before

    With physical distancing and social togetherness the name of the game amid the COVID-19 pandemic, the class of 2020 from Grand County High School will join their peers around the state, country and world to celebrate their graduation in a manner that will be altogether unprecedented and unique but will — to the degree that it is safe — bring them together to celebrate on May 28.

    Grand County High School 2020 Senior Class

    The class of 2020, including a photo of some of the soon-to-be graduates from kindergarten.