IN THIS

NEWSLETTER

● Helpful Information for the COVID-19 Outbreak

● Upcoming

Networking Events

● 2020 Chamber

Golf Tournament

● New Directors

needed for 2020

● Multipurpose

Complex News

● Community

Calendar

● Star Chamber

Members

● 2020 Membership

Benefits

April 2020

THE

NEWS LETTER

Begin or Renew your Membership at www.fannincountytexas.com or contact

the Chamber at 903-583-4811

Helpful Information for the COVID-19

Outbreak

Information from the U.S. Chamber of Commerce

Please find attached and at the links below new and updated resources

that the U.S. Chamber has developed to assist businesses access re-

sources created under the CARES Act (Phase III bill). This includes an

update to the guide we released several days ago on the Paycheck Protec-

tion Program.

- NEW - Guide to SBA’s Economic Injury Disaster Loans

(EIDL)

- NEW - Guide to the Employee Retention Tax Credit

- UPDATED – Coronavirus Emergency Loans Small Busi-ness Guide and Checklist (Paycheck Protection Program)

Additionally, the U.S. Department of Treasury issued additional guid-

ance yesterday regarding the Paycheck Protection Program. Links to the

resources provided by Treasury can be found, or on their webpage.

- A top-line overview of the program can be found here.

- If you’re a lender, more information can be found here.

- If you’re a borrower, more information can be found here.

- The application for borrowers can be found here.

Thank you and I hope that everyone is well and safe.

INFORMATION FROM THE TEXAS GOVERNOR’s OFFICE

Coronavirus Aid, Relief, and Economic Security (CARES) Act

The CARES Act was passed by Congress on March 27, 2020. The programs and initiatives in the Act are intended to assist business owners and nonprofits with current needs due to the COVID-19 crisis.

Following President Trump’s signing of the CARES Act, the U.S. Small Business Administration (SBA) and the U.S. Department of Treasury announced a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need.

The Treasury and SBA expect to have this program up and running by April 3, 2020, so that businesses can contact a participating SBA 7(a) lender, bank, or credit union, apply for a loan, and be approved on the same day.

For a comprehensive guide on most of the small business provisions and programs included in

the CARES Act, download the Small Business Owner’s Guide to the CARES Act

Paycheck Protection Program

The CARES Act established a $349 billion SBA-backed Paycheck Protection Program (PPP) to provide immediate access to capital for small businesses who have been impacted by COVID-19.

The PPP is specifically designed to help small businesses keep their workforce employed and assist with payroll and other business operating expenses. It will provide critical capital to busi-nesses without collateral requirements, personal guarantees or SBA fees. All loan payments will be deferred for six months. Most importantly, if employers maintain their payroll, certain portions of the loans can be forgiven, including payroll, interest on mortgage obligations, rent and utility payments.

Loans will be available through more than 135 existing SBA-certified lenders in Texas, including banks, credit unions and other financial institutions.

• Find a certified lender in your area: SBA’s local assistance finder

• Find out when you can apply: Treasury factsheet

• Find more information regarding PPP and loan requirements: SBA.gov/Coronavirus

SBA Economic Injury Disaster Loans Update

Due to the CARES Act, small businesses and non-profits can get up to a $10,000 advance on

an Economic Injury Disaster Loan even if a previous application was declined or still pending.

For more information, visit the SBA’s website and apply for the loan advance here.

Additional Information from the Texas Governor’s Office

We urge you to contact our office if we can provide any additional information. Please

continue to stay safe and healthy and we look forward to keeping you updated with the lat-

est news and resources. You may continue to check in online at gov.texas.gov/business/

coronavirus. For additional information on Texas’ response to COVID-19, visit gov.texas.gov/

coronavirus.

-Governor's Economic Development & Tourism Office

#TexasBizStrong

If you have not already done so, sign up for COVID-19 related email updates

for Texas businesses here. Get the latest information, resources and news directly

to your inbox.

SOME LOCAL INFORMATION ABOUT CONTACTING BUSINESSES AND STAYING

SAFE

1) If you don’t know whether a business will be open or not please call ahead

and set-up an appointment if required.

2) One businesses response to keeping the facility clean for both their custom-

ers and employees - Owens-Parker Medical has implemented extra measures of

sanitizing and cleanliness. Once a pen is used it is thrown away. We keep a box of tissues,

hand sanitizer, and antibacterial wipes on our front counter with easy access for both our

staff and our customers.

3) Plan ahead and make all your trips at once

PLEASE SUPPORT ALL OUR LOCAL BUSINESSES AS

MUCH AS POSSIBLE DURING THESE DIFFICULT TIMES

Networking Lunch

WE WILL RESCHEDULE

The chamber is proud to announce a new Networking program for our

members and prospective members as soon as a new date can be

scheduled.

We will be meeting at Shumardii’s at noon to have a meet and greet

plus hear about chamber, city, and county activities that are important

to our members.

A summary of the last chamber board meeting will be communicated to

the participants as well as the financial well being of the chamber.

You will be able to ask questions and submit items of interest to the

community

Ribbon Cutting for Chamber business

PURE FAMILY CHIROPRATIC

POSTPONED TILL ?

WILL RESCHEDULE

Dailynn Driscoll, DC

2620 N. Center Street, Suite 103 Bonham, TX 75418

The 2020 Bonham Chamber Annual Golf Tournament

will be held on May 15th at 9:00am. For Sponsorships

and Tickets please go to https://squareup.com/store/

bonham-area-chamber-of-commerce. For more info call

us at 903-583-4811

The 2020 Bonham Chamber Golf Tournament will be

using flight division of teams to determine prize winners.

In a golf tournament, a "flight' is a division or grouping

of golfers within the tournament, who are competing

against one another rather than against the entire field of

golfers.

The Chamber tournament will be splitting the total num-

ber of teams into three "flights" based on scores from the

tournament. If there are a total of 18 teams, ranked ac-

cording to score, then the first place prize would go to

the 1st place team, the 2nd place prize would go to the

6th place team (which would be the top team in its

"flight") and the 3rd place prize would go to the team in

12th place (the top team in its "flight").

We hope players will enjoy the twist on competition this

new tournament format will bring.

Two New Directors Needed

The Bonham Chamber of Directors is needing to fill two spots on the board. If you are interested and meet the qualifications below please contact us for more information.

Each candidate or their company must be an active member in

good standing and must have agreed to accept the responsibility of a

directorship.

It is the policy of the Bonham Area Chamber of Commerce that a

Board of Director is expected to attend regular Board of Director (about

12) and Special Director meetings (as called) annually to keep informed

and make good decisions. If a Director shall miss three (3) consecutive

meetings, unexcused, or shall miss six meetings, unexcused, during

each calendar year of their term he/she shall be suggested for replace-

ment and their position be filled by and appointment for the remainder

of their term.

The Men’s Bathrooms in the main building are being tiled and new lights are be-

ing installed. The metal walls had gotten to the point that we could not clean

them to any level. Some photos of the progress are below.

Red River Beef Masters Heifer Sale on May 16, 2020 — This is the third year the complex

has hosted this event and the organizers really like the facility

Currently, this is still scheduled

Due to the COVID-19 Virus all events from March 15th to May 4th have been

cancelled or moved to a later date. The next scheduled event is May 9th.

April—NO EVENTS SHEDULED FOR APRIL

The Bonham Chamber of Commerce Website and click the “Community Events”

calendar header for the entire Fannin County Community Calendar

GOLD MEMBERS

Bois D’Arc RV Park

Bonham Chrysler

Brookshire's Food Store

Fannin Bank

First National Bank of Trenton

First United Bank

Legend Bank

North Texas

Municipal Water District

Oncor

TMC Bonham

Hospital

Bronze Members

Americas Best Value Inn

Atmos Energy

Blain Service Company, LLC

Bonham Independent School District

Bonham Land and Ranches, LLC

Bonham Smiles

Buena Vista Turf Farm

Cable One

Cash Store

Century 21 Harvey Properties

Cigna

Clayton Homes

Cole Title Company

Custom Glass and Mirror

David Stanley Contstruction LLC

Duck Creek Commercial

Fannin County Leader

Fannin Federal Credit Union

Fannin Pharmacy

Farm N' Home Casualty

Horatio Dental Clinic

Main Street Title

McClanahan & Holmes, LLP

McCraw Materials

McCraw Oil & Kwik Chek

Morning Star Academy

Pattern Development

Rebel Roots Boutique

Renlita Custom Opening Solutions

RPM Staffing

Texas Farm Bureau—Fannin County

Trinity Realty Group

Weichert Realtors Solid Ground

Warrior Tire

Wise Funeral Home

OFFICERS

Kayla Gorden, Chair

DIRECTORS

Mallory McBroom

Nathan Graham

Samantha Lumpkins

Alan McDonald

Chance Peeler

Jenniffer Gibbs

Gary Stanley

Lisa Josey

STAFF

Dale McQueen

Katy Porter

2020 Board of Directors

2020 STAR CHAMBER MEMBERS

327 N Main Bonham, TX 75418

903-583-4811 Fax 903-583-7972

www.fannincountytexas.com

Membership Benefits

Benefit Non-Profit

$35

Individual

$100

Business

$175

Bronze

$300

Gold

$1000

Banner Displayed at The

Complex all year

Recognition at

General Chamber Events

Chamber Golf Tournament

Hole Sponsorship

Full Page Ad in

printed Directory

1/3 page ad in

printed directory

Free Lollipop

Chamber website

front page link

Listing on Website Directory

Social Media Coverage

Listed in Print Directory

Email Blasts for

special promotions

Weekly Activity Emails and

Monthly Newsletters

Ribbon Cuttings

For Membership Questions Please Contact Us at: