I own a Spa & Salon in Rockdale County GA. They have just closed the schools in this county and surrounding counties for the next 2 weeks. I will need financial assistance if my business is required to close or when business is ultimately impacted.

Hi Kathryn. I’m sorry to hear your predicament. Many businesses are feeling the same anxieties. I don’t have all the answers, but here’s what I can suggest:

1. The Small Business Administration has been directed to provide up to $50 billion in small business loans at a low interest rate to businesses impacted by the coronavirus outbreak. First, the governor of Georgia would have to request the SBA to declare your county as an impacted area to make the loans available. After that, you would be able to apply directly on their site. If you feel your county should be declared eligible, I would reach out directly to your elected officials urging them to look into the program.

There’s more on this here: https://www.zenefits.com/workest/how-do-i-apply-for-the-coronavirus-small-business-loan/

And the SBA page on this here along with email and phone contact info: https://www.sba.gov/disaster-assistance/coronavirus-covid-19

2. If you have business insurance, you might want to reach out to see if your policy covers a “business interruption.” There’s no guarantees on this. Many insurers dropped coverage for interruptions caused by communicable diseases after the SARS outbreak. But definitely worth reviewing your policy or calling your insurer.

More on this here: https://www.zenefits.com/workest/is-coronavirus-covered-by-business-interruption-insurance/

3. Some businesses are already thinking about recovering from a temporary closure, if one happens. I’ve seen some offer promotions for dates redeemable later, when the outbreak passes, so they can book future revenue now. It may not be something all businesses can offer or fully make up the difference, but I would imagine many people will need a massage when this is all over.

Wishing you luck!