COVID-19 Business Resources

As the City of Fort Morgan continues to monitor the impacts of the COVID-19 pandemic on our community, we also want to provide external resources to the local business community that is being impacted. We will continue to update this page as information becomes available. 

COVID-19 (Coronavirus) News Update-

March 30, 2020

President Trump signed into law on Friday March 27, 2020 the Coronavirus Aid, Relief, and Economic Security (CARES) Act which is intended to assist business owners. When implemented, there will be many new resources available for small businesses, as well as certain nonprofits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.

For local assistance, contact Merle Rhoades, our Small Business Development Center Consultant at SBDC. He can be contacted at merle@eastcoloradosbdc.com. SBDC does not charge for their services.


For archived COVID-19 Business Resources news and updates click here

Business Resources-

Paycheck Protection Program (PPP) UPDATED April 7, 2020

The PPP provides small businesses with forgivable loans to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. The Paycheck Protection Program will be available through June 30, 2020. 

How to Apply:

You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union,  and Farm Credit System institution that is participating. Lenders are currently accepting applications; to find a lender near you click here

The SBA has put together a How To Guide to assist you in preparing your application. 

For local assistance, contact Merle Rhoades, our Small Business Development Center Consultant at SBDC. He can be contacted at merle@eastcoloradosbdc.com. SBDC does not charge for their services.

SBA Express Bridge Loan

The U.S Small Business Administration (SBA) offers this loan for small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.

For local assistance, contact Merle Rhoades, our Small Business Development Center Consultant at SBDC. He can be contacted at merle@eastcoloradosbdc.com. SBDC does not charge for their services.

SBA Disaster Assistance Loan for COVID-19

The U.S Small Business Administration (SBA) offers loans to small businesses experiencing financial hardship due to COVID-19. On March 19 the state of Colorado was officially designated to receive funding. Any businesses experiencing a financial hardship are encouraged to complete and submit the Economic Injury Worksheet.

For local assistance, contact Merle Rhoades, our Small Business Development Center Consultant at SBDC. He can be contacted at merle@eastcoloradosbdc.com. SBDC does not charge for their services.

CDLE Resources and Information

The Colorado Department of Labor and Employment (CDLE) offers a variety of resources for workers and employers who are impacted by COVID-19.

OEDIT COVID-19 Business Resource Center

The Office of Economic Development and International Trade continues to provide up to date information and resources from the State and Federal level regarding COVID-19 for Colorado Businesses.


 If you have any questions, please contact our economic development office.

The City of Fort Morgan will continue to work with our business community to mitigate the negative impacts of COVID-19 and provide any resources as they become available.