You are the heartbeat of our shopping centers. The COVID-19 pandemic, and the measures being taken to reduce transmission of the virus, will mean adjustments and challenges for all of us.
Below are various resources to support Colorado businesses during this difficult time. We believe two of the most critical resources created or expanded by the CARES Act are the Paycheck Protection Program (“PPP”) and the Economic Injury Disaster Loan (“EIDL”). If you qualify, these two programs will provide funding for your businesses, portions of which will be forgiven if certain criteria are met (for the PPP). This situation continues to evolve quickly, and timeliness of submittal is of the utmost importance. Banks are prioritizing their existing customers, thus your number one contact for these loans should be your primary banking relationship.
We will continue to research, identify and share resources that may be helpful to you. Please feel free to reach out to us regarding questions, comments or concerns.