COVID-19 Updates
The Indianola Chamber of Commerce  continues to monitor the COVID-19 virus.  Now is a time to stay calm, yet alert to the ever changing national, state, and local guidance concerning our safety. Health officials are urging all of us to "social distance" ourselves and encourages the use of masks, which decreases contact between the healthy and the infected to flatten the curve. A single person’s behavior can cause ripple effects that touch faraway people by not being socially responsible.

Currently, the Indianola Chamber's office is closed to public traffic, but will continue to serve our businesses and the public via phone 515-961- 6269 or via email chamber@indianolachamber.com.

12/28/20 UPDATE: New Federal Relief Package
On Dec. 27, President Donald Trump signed into law a $900B stimulus package that includes $284 billion in loans for small businesses.

The second round of Paycheck Protections Program (PPP) and Economic Injury Disaster Loans (EIDL) aid will come in the next few weeks.

The new Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act clarifies questions about the loan process, but also adds rules about applying for new loans and seeking forgiveness for old ones. The bill gives the Small Business Administration 10 days to implement the new rules, so more specific rules could be coming.

Here are some highlights:
  • The PPP program is open through March 31, 2021 or until the new funding is exhausted.
  • Applicants have between eight and 24 weeks to use the funds, with at least 60 percent going toward payroll and the rest toward eligible expenses like rent and utilities.
  • The second round of loans will be limited to those with fewer than 300 employees that have seen drops of at least 25% of their revenue during the first, second or third quarter of 2020.
  • It reduces the amount a borrower can receive from $10 million to $2 million, gives businesses more flexibility on how they spend the money and simplifies the forgiveness process for loans under $150,000.
  • New loan amounts are determined by a formula that involves payroll costs multiplied by a factor of 2.5 (again, capped at $2 million). Restaurants and other hospitality businesses may multiply those costs by 3.5, making them eligible for slightly more funding.
  • Concert venues, theaters and museums are not eligible for new Paycheck Protection Program loans, but can apply for special “Shuttered Venue Operator Grants” worth up to $10 million.
  • It carves out $12 billion for minority-owned businesses. It also expands eligibility to 501(c)(6) nonprofits.
As soon as the required application forms have been released, we will update this information. In the meantime, you can begin preparing the required documentation based on the resources found here.

BUSINESS ROAD TO RECOVERY:
As more and more businesses are allowed to open with restrictions, the following resources will be helpful to businesses as they prepare to re-open at 50% capacity:
Additional Resources:

The CDC has provided preliminary guidance for businesses as you prepare contingency operation plans to address this crisis.   VIEW INFORMATION NOW.

The Iowa Department of Public Health, provides state-wide COVID-19 updates frequently. VIEW INFORMATION NOWCORONAVIRUS.IOWA.GOV

 Governor Kim Reynolds provides updates on the State of Iowa's plan to manage the COVID-19.  VIEW INFORMATION NOW.  GOVERNOR NEWSROOM

Indianola Small Business Relief Grant -  Program Closed.
     Program funded by City of Indianola, Warren County Economic Development, Greater Des Moines Partnership, Peoples Bank and TruBank;  Warren County Small Business                 Relief Grant Program utilizes same application.

 Small Business Grants & Financial Incentives - Iowa Small Relief Fund through IEDC.  - Program Closed.

Small Business Administration - Low Interest Loans.  VIEW INFORMATION   APPLY

The City of Indianola has provided local updates concerning the COVID-19. VIEW INFORMATION NOW.

Simpson College has provided updates and announced strategies to keep faculty, staff, and students safe. VIEW INFORMATION NOW. 

The Indianola Community School District continues to monitor the COVID-19 outbreak and frequently releases updates. VIEW INFORMATION NOW.

Warren County continues to provide updates on the COVID-19.  VIEW INFORMATION NOW.

OTHER STATE, COMMUNITY AND BUSINESS UPDATES:
  • Governor Reynolds Issues EXECUTIVE ORDERS: VIEW ALL
  • City of Indianola Facilities are Closed to walk-in traffic, but are available by phone:  VIEW WEBSITE
    • City Hall – 961-9410
    • Community Development – 961-9430
    • Library – 961-9418
    • Activity Center – 961-9420
  • Helping Hand announced they continue to serve our local residents by implementing the following;  VIEW UPDATES
    • Updated Information as of March 17, 2020
      - Those with Emergency needs can call 515-418-1909
      - There are no referral or income guidelines WC ID or documentation of a WC address
      - More details can be found on Helping Hand of Warren County Facebook page; monetary donations can also be directed towards their donation page
  • Simpson College -  VIEW WEBSITE
  • Warren County administrative offices open but call ahead.