News

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  • Thursday, April 16, 2020 10:28 AM | JaxWorks (Administrator)

    Net Health has a great website out with Covid-19 information.  There is information on how to control the spread of Covid-19, how to protect yourself, if you think you are sick, and a map of Covid-19 cases

    If you or someone you know has been overwhelmed by the COVID-19 pandemic, help is available at (833) 986 - 1919. 

    If you need services, such as access to nutritious meals and social services, income tax relief and financial assistance, local support for unemployed and small business owners, and ways to cope with stress, click here.  

    If your business needs help with information about the CARES Act or Paycheck Protection Program, call the Chamber at  (903) 569-2087.  We have people that are knowledgable about how and for what dates you need to figure your payroll.  We can also help you with the application process.  

    For Face Mask Tutorials to help make face masks for our medical personnel, click here.  

    Thank you for all your cooperation in staying home and trying to stop the spread of Covid-19!

  • Tuesday, April 07, 2020 12:48 PM | Mineola Chamber of Commerce (Administrator)

    The emergence of COVID-10 has created a lot of changes to our country. We have witnessed declarations of state and national emergencies, international travel restrictions, the cancellation of events, local cases are on the rise, and a sudden and widespread emphasis on working from home to slow the spread of this harmful new virus. 

    While the office is closed to the public myself and the board are still available by phone or email. We are encouraging all members to use the CDC recommendations and stay home when possible.

    The Mineola Chamber of Commerce Board of Directors is committed to working with our members during this time of business disruption. We are calling and emailing our members to see if their businesses have any changes or to see if there is anything we can do for them. We welcome your feedback through calls and emails as to how we can be of assistance. Please know that we are committed to resources, responsiveness, and flexibility during this time. We know that this situation will cause financial stress to many small businesses and we want to be your partner through this time. Further, we encourage you to please shop locally during this time. We are stronger together!

      SBA Economic Injury Disaster Loan

    The Quitman Chamber, along with Instant Offices of Texas and Wood County National Bank are co-hosting a Webinar on Wednesday, April 8th at 1:00pm to walk you through the step by step process of applying for the SBA Economic Injury Disaster Loan (EIDL).  The event will be filmed by County Road Film Company (please press the button below)and posted online after the webinar. 

    If you would like to submit a question regarding the SBA EIDL process, please send it to QSBRP@instantofficesoftexas.com This is a special email address specifically for this event, please do not email questions to the chamber.  


    County Road Film Company

       COVID-19 Small Business Links 

    Emergency Loans-SB Guide & Checklist
    SBA Worksheet
    Paycheck Protection Form
    Paycheck Protection Program Listing Form
    Employee Retention Tax Credit
    Coronavirus Paid Leave Program
    Coronavirus Emergency Loans
    How to Access Stimulus Funding for Your Small Business

    COVID-19 Resource Links 

     

    CDC Website
    903Help.org
    Residential Eviction Proceedings Information
    Corona Virus Workplace Tips
    Texas Dept. of Ag Resource Guide

    Our Mineola EDC Corporation wants to share a couple of helpful resources.  Help is out there, but you must make the effort and check them out and see if it will fit your needs and if you qualify. We are here to try and guide you all for help through State and Federal Funds.

    Cares Flow Chart.pdf

    COVID-19 Resources for Employers and Workforce.docx

    Upcoming Webinars for

    East Texas Businesses

    The East Texas Coalition has joined forces to present webinars for our members. We are proud to be invited to join a serious of webinars with the Longview Chambers of Commerce taking the lead. Proud of the partnership that all East Texas Chamber have established and honored to be part of a strong coalition.

    FREE Webinars for the East Texas Business Community

    https://longviewchamber.com/calendar/

    Tuesday, April 7th | 10:30 – 11:30 a.m. CT

    COVID-19 Solutions with CHRISTUS Good Shepherd Health System Chief Medical Office

    Join CHRISTUS Good Shepherd Health System Chief Medical Officer Mark Anderson, MD for a discussion on how our local health care systems are caring for our community through COVID-19. Dr. Anderson will speak to best prevention strategies, available resources and health care provider preparedness. Have questions? Please enter them on the registration page, and we will do our best to address them during the webinar.

    Wednesday, April 8th | 10:00 – 11:00 a.m. CT

    Actions to Manage the COVID 19 Crisis in Your Business

    Join ActionCOACH of Longview Business Coaching in this webinar on Wednesday April 8 at 10AM CDT.

    Now is the time to PIVOT your business model and innovate on your product and service offering. Developing a plan is critical to surviving the current economic environment. In this webinar, Certified Business Coaches will provide guidance on how to ADJUST and PIVOT your business to best navigate the evolving marketplace. 

    Now is the time PLAN not PANIC. Now is the time to LEAD not LAG. Now is the time to RESPOND not REACT. Let's work together to develop and implement the right actions for your business. 

    Wednesday, April 8th | 2:00 – 3:00 p.m. CT

    COVID-19 Solutions 10 Things You Need to Know About Data Security & Working Remotely

    Join Cynergy Technology COO, Kevin Roper, to get updates on Data Security & Working Remotely. COVID-19. Remote workers. An exponential increase in data security attacks. In technology terms, it's a perfect storm. Join us for a brief, informative discussion on what your organization should be doing to keep your business running remotely while safeguarding sensitive client information and protecting your company's reputation.

    Thursday, April 9th | 10:00 – 11:00 a.m. CT

    Tips to Protect Your Business Property with Longview Police Chief 

    Join us for this informative webinar featuring Longview Police Chief, Mike Bishop, sharing tips to help you protect your business property in our current situation. 

     

    Previously Recorded Webinars for

    East Texas Businesses

    COVID-19 Solutions Stimulus Loans Updates with US Senator and US Chamber of Commerce webinar. Link to Listen

    COVID-19 Solutions - Restoring and Maintaining a Clean and Healthy Environment webinar

    Link to Listen

    Working Remotely - Tips for Employers & Employees webinar Link to Listen

    Tax Information


    The IRS has suspended the April 15 deadline for filing 2019 tax returns, for paying

    2019 taxes, and for making the first 2020 estimated payment. This means you do

    not need to do anything. You may now act as though July 15 is the same as

    April 15 has been. If you choose this, then we will look forward to seeing you

    between late-April and mid-July. Contact your tax professional for more details.


  • Wednesday, April 01, 2020 12:07 PM | Mineola Chamber of Commerce (Administrator)

    Please see the attached Amended Order of Declaration of Local Disaster (Stay Home Order), which was signed today by Judge Lucy Hebron, Wood County Judge, and takes effect at 11:59 p.m, Wednesday, April 1, 2020. Please refer to the attachments for additional information. Thank you.

    Respectfully,
    Catherine P. Clayton, CP
    County Court Administrator
    to the Honorable Lucy Hebron

    https://www.mywoodcounty.com/…/Amended%20Order%20of%20Decla…



  • Tuesday, March 31, 2020 3:11 PM | JaxWorks (Administrator)
    Here is info of interest to small businesses about the CARES Act.  This is a disclaimer:  These are suggestions.  The Chamber is not an attorney or accountant. Please read the CARES Act and decide what is best for your company.  This is for informational purposes only to help you decide if your business qualifies for the Loans/Loan Forgiveness/Grants that the government is giving out.
    1. 1102 Paycheck Protection Program
    2. 1106 Loan forgiveness
    3. 1110 EIDC grants

    1102 Paycheck Protection Program

    This loan is applied for through an approved SBA financial institution.  Get in touch with SBA Approved banks right now.  This is backed 100% by the SBA. The covered Period is  Feb 15, 2020 – June 30, 2020, i.e., the business had to be in operation on February 15.  The application for this loan is not available at this time but keep watching the website for more info.

    Who is this for:

    1. Small businesses of 500 or fewer employees
    2. Nonprofits
    3. Veterans organizations
    4. Tribal business concerns
    5. Sole proprietors
    6. Independent contractors
    7. Eligible self-employed individuals (1099 misc employees)
    8. Employees who are full time, part time, or other basis.

    Loan max:

    (Lesser of): 10,000,000 or 2.5x average monthly payments for payroll costs for the 1 year before the date the loan is made PLUS any EIDL made Jan 31, 2020 or after that is refinanced under PPP.  You can add the EIDL loan to PPP loan later and possibly have it refinanced or forgiven.

    Payroll costs comprise:

    1. Salaries, wages, commission
    2. Payment of cash tips
    3. Vacation/sick time
    4. Severance/dismissal pay
    5. Group health insurance premiums
    6. Retirement plan benefits
    7. State and local payroll taxes

    Allowable use of loan proceeds.

    (None of this is meant to replace profit.  It’s meant to keep people employed.)

    1. Payroll costs
    2. Group health insurance premiums
    3. Employee salaries, commissions, similar costs
    4. Mortgage interest not principal rent
    5. Utilities
    6. Other interest (equipment, etc.)

    Eligibility for PPP:

    1. In business February 15, 2020 AND
    2. Had employees with payroll and taxes OR
    3. Had independent contractors reported on 1099-MISC

    Other info:

    1. Loan is a non-recourse SO LONG AS the proceeds are used for allowable uses.
    2. No personal guarantee required.
    3. No collateral required.
    4. No fees may be charged by the financial institution.
    5. Credit elsewhere provision does NOT apply.
    6. Interest rate capped at 4% and max term is 10 years of unforgiven amounts.
    7. Loan payments are deferred for AT LEAST 6 months and up to 1 year.
    8. No prepayment penalty.
    9. Expires June 30, 2020.  349 billion allocated to this.

     

    1106 Loan Forgiveness

    This only applies  to section 7a loans  (1102 Payroll Protection Program or PPP).   If you use the funds for what was mentioned above, you do not have to pay it back.  It covers 7a loans made prior to February 15, 2020 and after Feb 14, 2020.  Used in conjunction with PPP.

    Forgiveness of loan principal is given for:

    1. Payroll costs (as defined in sec 1102)
    2. Payments of interest on any covered mortgage obligation that was incurred prior to 2/16/2020.
    3. Rent – as long as the lease was executed prior to 2-15-2020.
    4. Utilities, – electricity, gas, water, transportation, telephone, and internet access.
    5. Forgiveness of loan principal is NOT TAXABLE.  If you get 250,000 and use it all for covered costs, you don’t have to pay income tax on the forgiven amount.

    CAUTION:  forgiveness is reduced or even eliminated for borrowers who reduce their workforce during the covered period (8 weeks from the date of the loan origination).

    1110 EIDC Grants

    Loan is applied for DIRECTLY through the SBA.  https://covid19relief.sba.gov/#/

    This is an up to 10,000 advance( aka grant) and is given only IF an application is submitted under section for the 7b2 loan.  Covered period is 2-15-2020 to 12-31-2020 (as opposed to June 20, 2020 for PPP).   Also eligible:  sole proprietors (with or without employees), independent contractors, cooperatives, etc.

    1. No personal guarantee required
    2. For businesses with not more than 500 employees.
    3. Up to $200,000 loan
    4. Business had to be operating on 1-31-2020
    5. No credit elsewhere requirement
    6. Loan may be approved by credit score alone
    7. Can ONLY be given as part of the 7b2 loan application process
    8. Grant should be deposited into applicants bank account within 3 days of the SBA receiving their application.  This is for emergency purposes

    Covered Expenses:

    1. Employee sick leave due to Covid 19
    2. Payroll – also see the PPP Loan above
    3. Increased materials costs as a result of Covid19
    4. Rent/mortgage
    5. Repaying obligations

    The 10,000 grant does not need to be repaid even if the applicant is denied the loan.   If the EIDL is transferred or refinanced into the PPP, the $10,000 is reduced from loan forgiveness amount.

    Suggestions:

    1. If applying for the PPP, contact your bank and ask if they are an SBA Approved bank – let them know you will be applying for this.  If you don’t have an SBA Approved Bank, go here to find one. Whatever bank you choose, use the same EIN you used for the application process
    2. Apply for the EIDL Loan and request the advance.  If you get it and don’t refinance it, none of the proceeds of the loan are eligible for forgiveness.
    3. Once approved, refinance this under PPP (contact the SBA approved bank NOW)
    4. Get a  dedicated business bank account for this money only so you can easily track and make reports for these grants/loans.
    Be sure and apply for these loans/grants asap.  Time is of the essence.  After applying, make sure your records are in order so that you can keep track of expenses and generate reports for the government.  

    Good luck and stay well!

    Links:


  • Wednesday, March 18, 2020 9:42 PM | JaxWorks (Administrator)

    The Mineola Chamber decided that, in the name of safety for the citizens of Mineola, to postpone our Great Gatsby banquet.  We will keep you posted and thank you for understanding!  Keep safe and healthy.  

  • Saturday, February 29, 2020 1:42 PM | Mineola Chamber of Commerce (Administrator)

    In the name of safety, the City has decided to cancel this wine fest.  Mineola Main Street Amtrak Fest and Mineola Texas planned out another fun, win filled trip on Amtrak's Texas Eagle! On April 4 and 5 the 2020 Mineola Amtrak Wine Fest will be going on, with “The Rolling 20s" as their theme. They will be serving a selection of wonderful wines from some of the finest vineyards in Texas. All are welcome to dress in 1920s era attire, brush up on the Charleston and get ready for a roaring good time!

    We will travel from Mineola, Texas to Fort Worth, then back to Mineola on Sunday afternoon.

    *Participants must be 21 or older to attend.*

    Now they are even offering a CORPORATE SPONSORSHIP Package of a minimum of 10 tickets discounted by 20 percent!!! This means two tickets free. Just check the Corporate Sponsorship 10-Pack option on the ticket purchase page to take advantage of this offer! Click on this link now to join the fun! https://www.eventbrite.com/e/2020-mineola-amtrak-wine-fest-


  • Tuesday, November 12, 2019 4:05 PM | Mineola Chamber of Commerce (Administrator)

    2019 Christmas Parade

    The Mineola Chamber of Commerce is happy to announce our 2019 Christmas Parade date of Saturday, December 7th at 5:30pm in downtown Mineola! This years theme is "A Charles Dickens Christmas". If you would like to enter a float, horse, walkers, or anything else please contact the Chamber at 903-569-2087 or fill out the application and send it in. We hope you can join us on the 7th! Here is the application- Christmas Parade Entry 2019.docx


  • Saturday, November 09, 2019 3:48 PM | Mineola Chamber of Commerce (Administrator)

    Link for the parade entry form- Veteran's Day Parade Form 2019.pdf

    The Mineola Marine Corps League/VFW/American Legion will host the 2019 Veteran's Day Parade in Downtown Mineola on Saturday, September 9th, 2019 at 11:11am. This years theme is "Thank You for our Freedom"
    Awards will be presented for 1st Place Float Entry, 1st Place Walking Entry, and 1st Place Band Entry.
    For more information please contact Larry Pruitt at 903-569-0348 or Pat Lambert at 903-569-6481


  • Thursday, September 26, 2019 11:53 AM | JaxWorks (Administrator)

    A huge thank you to our amazing sponsors for the Iron Horse Festival!  Thank you to our headline sponsor, Wood County Industrial Commission for sponsoring the Iron Horse Festival this Saturday!

    Thank you also to  CHRISTUS Trinity Mother Frances, The City of Mineola, TexasMineola Community Bank, and Watkins Insurance Group for Sponsoring the Iron Horse Heritage Festival as our Live Entertainment Sponsors. We could not do these festivals without our wonderful sponsors!




    Thank you to Wood County Electric Cooperative and Trinidad Benham for sponsoring our Western Show at the Iron Horse Heritage Festival this Saturday!



    Thank you to Texas Farm Bureau for sponsoring the Weenie Dog Race, Savelli Properties for sponsoring the Watermelon Eating Contest, and Lake Country Animal Clinic for sponsoring the children's activities for the Iron Horse Festival this weekend!

     .    .   

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