Riverwood Properties has been closely monitoring the developments of coronavirus. We are writing to request all business owners implement proactive, preventative measures to protect and inform staff, vendors and customers and facilitate the continuity of business operations, including:

  • Confirming that your emergency response plans are consistent with government requirements and Centers for Disease Control (CDC) advisories for coronavirus and include responses to on-site incidents, business continuity plans, and appropriate communications plans to keep staff, vendors, and customers safe and informed
  • Communicating prevention tactics with staff
    o Encourage tenants to adopt safe prevention practices, which can be found at the CDC
    o Encourage staff to self-monitor for any symptoms and follow CDC guidelines
    o If you learn that they have contracted coronavirus or have been directly exposed, contact Property Management immediately
    o We remain committed to protecting tenant privacy as per landlord/tenant privacy regulations and HIPAA
  • The increasing frequency of cleaning and sanitization
  • Consider split staff shifts if possible
  • Comply with all CDC and local public health authority guidance
  • Review your insurance policies and language regarding business interruption coverage

Riverwood Properties asks that you keep us informed in the event that a business owner, staff member, vendor or customer tests positive for coronavirus. Please let us know immediately and also send us your planned communication to review prior to sending to residents.

The well-being of our colleagues, partners and tenants and the continuation of successful business operations is of highest priority. We believe these measures to be necessary based on the available information. Please do not hesitate to reach out with any questions.

Below please see information for both the Georgia Department of Labor for filing claims and SBA Disaster Assistance Loans.

GEORGIA DEPARTMENT OF LABOR

Employers – Important Rules On Filing Claims During Temporary Shutdowns
The Georgia Department of Labor (GDOL) has adopted an emergency Rule 300-2-4-0.5 Partial Claims, effective March 16, 2020. The rule mandates all Georgia employers to file partial claims online on behalf of their employees for any week during which an employee (full-time/part-time) works less than full-time due to a partial or total company shutdown caused by the COVID-19 public health emergency. Any employer found to be in violation of this rule will be required to reimburse GDOL for the full amount of unemployment insurance benefits paid to the employee. Download the How Employers File Partial Claims Desk-Aid found on the GDOL Alert Page and follow the step-by-step instructions.

Filing partial claims results in your employees receiving unemployment insurance (UI) benefit payments faster, usually within 48 hours for claims filed electronically. Employees for whom you file a partial claim are NOT required to report to a Georgia Department of Labor career center, register for employment services, or look for other work.

Please continue to monitor our website at gdol.ga.gov for any updates to these guidelines.

SBA To Provide Small Businesses Impacted by Coronavirus (COVID-19) Up to $2 Million in Disaster Assistance Loans
SBA Administrator, Jovita Carranza, issued the following statement today in response to the President’s address to the nation:

“The President took bold, decisive action to make our 30 million small businesses more resilient to Coronavirus-related economic disruptions. Small businesses are vital economic engines in every community and state, and they have helped make our economy the strongest in the world. Our Agency will work directly with state Governors to provide targeted, low-interest disaster recovery loans to small businesses that have been severely impacted by the situation. Additionally, the SBA continues to assist small businesses with counseling and navigating their own preparedness plans through our network of 68 District Offices and numerous Resource Partners located around the country. The SBA will continue to provide every small business with the most effective and customer-focused response possible during these times of uncertainty.”

Process for Accessing SBA’s Coronavirus (COVID-19) Disaster Relief Lending
• The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Upon a request received from a state’s or territory’s Governor, SBA will issue under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, an Economic Injury Disaster Loan declaration.
• Any such Economic Injury Disaster Loan assistance declaration issued by the SBA makes loans available to small businesses and private, non-profit organizations in designated areas of a state or territory to help alleviate economic injury caused by the Coronavirus (COVID-19).
• SBA’s Office of Disaster Assistance will coordinate with the state’s or territory’s Governor to submit the request for Economic Injury Disaster Loan assistance.
• Once a declaration is made for designated areas within a state, the information on the application process for Economic Injury Disaster Loan assistance will be made available to all affected communities.
• SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
• These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses without credit available elsewhere; businesses with credit available elsewhere are not eligible. The interest rate for non-profits is 2.75%.
• SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.
• SBA’s Economic Injury Disaster Loans are just one piece of the expanded focus of the federal government’s coordinated response, and the SBA is strongly committed to providing the most effective and customer-focused response possible.

For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov.