The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress on March 27, 2020, made available funding and other resources to businesses owners, employers, and some non-profits to address their operational needs as a result of the COVID-19 pandemic. Since its passage, stories of big corporations receiving huge pay-outs inundated news outlets. This narrative left many small businesses wondering if they would receive their share of much needing resources, to keep the doors open. Or whether it was worth enduring the application process itself.
Upon the news of the CARES Act passage, Exodus began its due diligence by attending webinars to ascertain the best funding product under the CARES Act. And, on March 27, applied through the Small Business Administration for the Economic Injury Disaster Loan (EIDL). Exodus passed along information gathered through webinars, SBA, SCORE, and Congressional resources to partner with Making People Priority to hold a CARES ACT overview webinar on April 2. Over 37 individuals and small businesses attended eager to know how to navigate the funding process.
The original EIDL program with a grant advance provided an emergency advance of up to $10,000 to small businesses and private non-profits harmed by COVID-19 within three days of applying for an SBA Economic Injury Disaster Loan (EIDL). The advance did not need to be repaid under any circumstance and could be used to keep employees on the payroll, to pay for sick leave, meet increased production costs due to supply chain disruptions, or pay business obligations, including debts, rent, and mortgage payments. For Exodus, this process took approximately 60-days, but it was well worth the wait. Under the new EIDL program, SBA will only now accept EIDL Advance applications on a limited basis to provide relief to U.S. agricultural businesses. Hopefully, small businesses took advantage of the small window of opportunity.
Exodus, founded in 2016, is a Brooklet, GA based company that provides management consulting services. One of its core services is Janitorial/Cleaning consulting. During normal operations, Exodus provides on-site training, one-on-one consultations, and in-person assessments of cleaning programs, a service that is in high demand during this time. Exodus identifies opportunities and makes recommendations on what best practices to implement to improve cleaning outcomes and lower the total cost of cleaning. Exodus connects the people to processes by implementing ISSA practices and principles for hygienic standards.
One of the reasons for Exodus's success in the acquisition of this funding is SCORE. As a volunteer Certified SCORE Business Mentor, SCORE's headquarters inundated both clients and mentors with the most up-to-date CARES Act information and tools needed to help small businesses succeed during these challenging times. SCORE, a resource partner of SBA, is the nation's largest provider of free business mentoring services and educational programs to aspiring entrepreneurs and small business owners.
The Principal of Exodus, Gloria Strauthers is a Registered Environmental Services Executive through the International Executive Housekeepers Association, a Certified Master Custodial Technician through Cleaning Management Institute and an ISSA, GBAC trained professional who can assist cleaning contractors, in-house cleaning programs, and local businesses meet the challenges of enacting enhance protocols and establishing response and remediation standards surrounding COVID-19. For more information on services Exodus provides, please visit www.exodusmanagementconsulting.com
or call (912) 515-6958.