A Message from the Colorado Enterprise Fund About Applying for PPP Funds
With the second round of PPP funding approved, now is the time to apply for a PPP loan through the Colorado Enterprise Fund. We encourage you to apply through CEF whether or not you have applied with another bank or financial institution. Conversely, businesses are strongly encouraged to apply with other institutions in addition to CEF, as well. You are not restricted in the number of places you apply but you are restricted to accept only one PPP loan. The terms are standard with all lenders.
The new PPP allocation will go quickly and there's no guarantee that CEF can approve your loan, but they are doing everything they can to make it happen. Applications will be processed on a first-come, first-served basis, subject to funding availability. Apply here.
If you apply through CEF and through another lender, CEF asks that you notify them if you are approved through another lender so CEF can remove your application from the queue and work with the next CEF Borrower in line.
CEF will begin processing your applications to the SBA beginning the morning of April 27. Again, CEF strongly encourages you to apply with CEF as well as with other lenders if you have not already received a PPP Loan.
For more information on the CARES Act and PPP loans, view the summary document.
Arapahoe County's Stay-at-Home Order Remains in Effect Through May 8
Over the weekend, the Governor’s office issued a “Safer-at-Home Order." Under the order, local communities may institute stricter guidelines depending on local conditions. Arapahoe County continues to have among the highest rates of infections in Colorado. While the number of new daily cases remains stable they have not yet begun to fall therefore the Tri-County Health Department has extended Arapahoe County’s Stay-at-Home Order through May 8. Once Arapahoe County’s Stay-at-Home Order is lifted, the State of Colorado’s Safer-at-Home Order will remain in effect.
Arapahoe County’s extended Stay-at-Home Order does allow non-critical retail businesses to operate curbside and delivery service beginning today, April 27, in line with the State of Colorado’s Safer-at-Home Order.
What does this mean for Arapahoe County businesses?
1) The Stay at Home Order remains in effect until May 8, except non-critical retail businesses will now be able to operate curbside and delivery service beginning today, April 27 subject to guidelines in Section II.I and Appendix A of Colorado’s Safer at Home Order and Tri-County Health’s Guidance for Curbside and Delivery Service.
2) Once Arapahoe County’s Stay at Home Order is lifted, currently scheduled for May 9, non-critical retail businesses, personal services, and non-critical office based businesses will be allowed to open subject to Section II.I and Appendices A, C, and D of Colorado’s Safer at Home Order.
3) Existing restrictions on restaurants and bars remain in effect through at least May 26.
Tri-County Health believes maintaining strong social distancing offers the best opportunity to curb the growth in cases, and the healthcare system will be able to better prepare should there be a surge in cases. This will also offer businesses additional time to put the proper protocols in place to operate safely. This was a difficult decision to make for the Tri-County Health Department Board but one that is necessary to protect the progress made to date in this fight to protect our healthcare capacity while working to reopen our businesses, the department said.
General Business Resources
Aurora - South Metro Small Business Development Center | Business Licensing & Registration | Arapahoe/Douglas WORKS! | Arapahoe Libraries Business Support Services
WANT TO KNOW MORE? Contact Centennial's Economic Development Division
Neil Marciniak, Economic Development Director | 303-754-3351 | email@example.com
Stewart Meek, Economic Development Specialist | 303-754-3410 | firstname.lastname@example.org
City of Centennial, 13133 E. Arapahoe Road, Centennial, CO 80112 | 303-325-8000