Update 3/31:
Thanks, Memphis Travel for letting us know about this Facebook group. They created a group for members of the tourism & hospitality industry to share information during this pandemic. The focus of this group is on the changes to strategy and tactics necessary during social distancing and quarantine. We’d love some restaurants in the group to share what they have been doing that has helped engage their customers and social following. Join by clicking here.
CARE ACT
Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) Executive Summary for Restaurants
Summary compiled by the National Restaurant Association
Memphis restaurants that are open for business (no dine-in as of 3/19)
We have compiled several lists already in progress here. Please click here to find restaurants open.
Help from home
Click this post for ways to help the restaurant industry without leaving your house.
MRA COVID-19 Posts:
[display-posts category=”COVID-19″ posts_per_page=”-1″]
Resource links
- TN Mass Layoff List – This is the preferred method if your business has already closed and you are not in contact with employees. Employers provide the state with a list of employee names and other required information to expedite the approval process of an unemployment claim.
- Patrick Accounting (one of our members and sponsors) is helping their clients. Read how here.
- It is our understanding that employers can still offer health insurance to their furloughed or laid off employees if they are able. Please contact Sally Pace (click for email) CHC Healthcare with questions.
- Take this survey by Memphis Chamber which applies to March 23-27.
- Take the survey by the National Restaurant Association.
- Memphis Chamber list of jobs available right now. (More job ideas on our jobs page.)
- Evans Petree Law Firm – Our firm is already working with small to medium-sized businesses across varying industries to evaluate qualifications and benefits available under The Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”). The Cares act expands existing eligibility requirements and provides greater funding opportunities for businesses seeking relief from the federal government under two Small Business Administration Loan programs. Under the SBA 7(a) program, businesses are eligible to borrow up to $10 million with significant loan forgiveness if the funds are used for payroll, lease payments, and other general expenses. Under the disaster assistance program, businesses are eligible to borrow up to $2 million. We are working to create a simple and concise chart comparing the salient aspects of both the SBA 7(a) loan program and the disaster assistance program, and we hope to have that for you shortly. We are available to discuss the programs further or assist them in the application process. See the chart here.
- Register to watch the replay of this webinar by Whirks and Patrick Accounting about Updates and Q&A for Employers: COVID-19
- Click this link to a replay of a webinar by the National Restaurant Association about the CARES Act.
- FROM MLGW – How to reduce your energy costs when closed for dine-in business. Click for the pdf.
National Restaurant Association links.