Economic Response and Recovery Impact Survey

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* 1. How severely has the COVID-19 virus impacted your normal business operations? (This may include supply chain interruptions, difficulty getting employees to their normal places of work, drop in demand, or other factors.)

Extremely positive impact

Somewhat positive impact

No impact

Somewhat negative impact

Extrememly negative impact

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* 2. Please indicate which types of disruption your organization is experiencing. (Select all that apply)

No disruption

Challenge delivering product / service to customers

Challenge obtaining needed product / inputs (supply chain)

Challenge providing a safe work environment for employees

Difficulty / concern collecting accounts receivables / payment from customers

Drop in demand for our products or services

Had to close

Increase in demand for our products of services

Obstacles with remote or digital work

Other (please specify)

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* 3. Have you had to reduce your staff?

Yes, had to furlough employees

Yes, had to lay off some / all employees

No, we have not reduced workforce, but we may have to

No, we have not reduced workforce and don't think that we'll have to

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* 4. If you have reduced staff, by what percentage (approximately) have you reduced your workforce?

Less than 10%

10%

20%

30%

40%

50%

60%

70%

80%

90%

We have laid off all employees

Not applicable, we have not laid off employees

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* 5. How has your revenue been impacted because of COVID-19? (either realized or anticipated)

Increased

No change

Decreased 1% - 9%

Decreased 10% - 24%

Decreased 25% - 49%

Decreased 50% - 74%

Decreased 75% - 99%

Decreased 100%

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* 6. If applicable, how have you managed your lost revenue? (Select all that apply)

Cut costs (excluding salaries)

Had to close

Have not had to make any major changes

Reduced employee hours

Reduced employee pay

Reduced hours of opperation

Reduced staff

Sought finanacial assistance

Used money from savings

Other (please specify)

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* 7. What has your organization done to adapt to the challenges of COVID-19? (Select all that apply)

Adjusted employee work location to work from home

Charged discounted prices

Implemented / expanded web-based offerings

Improved cleaning processes

Rescheduled or canceled large meetings and events

Restricted spending due to uncertainty

None of the above

Not applicable because our organization is closed

Other (please specify)

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* 8. How much longer do you feel COVID-19 will impact your business?

Less than one month

One month

Two months

Three months

Four months

Five months

Six months

1 year +

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* 9. Please check the funding you have applied for (if any).

SBA Economic Injury Disaster (EIDL) Loan

SBA Paycheck Protection Program (PPP) Loan

Have not applied for funding

Corporate level decision / unknown

Other Loan / Grant (please specify)

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* 10. If you have applied for funding, have you received funds / assistance yet?

Yes

Not applicable

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* 11. If you have received funds / assistance, how long did it take to receive funds after applying?

1 to 3 days

4 to 6 days

7 to 9 days

10 to 12 dys

13 + days

Not applicable

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* 12. What assistance do you feel you need most right now from policy makers, business leaders, and community members? (Select all that apply)

Expansion / acceleration of unemployment benefits

Flexible payment terms on leases, rent, mortgages, utilities, business loans, etc.

Grants for operating capital (including federal contracts)

Increased online spending to make up for lost revenue

Low, or no interest loans for operating capital (including federal contracts)

No assistance needed

Normal customer spending behavior

Tax deferral at the state level

Other (please specify)

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* 13. How much financial assistance do you estimate you will seek / have sought for your business to weather the disruption from COVID-19?

No assistance needed

$0 - $50,000

$50,000 - $100,000

$100,000 - $250,000

$250,000 - $500,000

$500,000 +

Corporate level decision / unknown

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* 14. How confident are you that your business will survive the COVID-19 disruption?

Extremely confident

Very confident

Somewhat confident

Not very confident

Not at all confident

Business has / will close permanetly due to the COVID-19 disruption

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* 15. How have you been innovative doing business because of challenges faced by COVID-19? (Select all that apply)

Changed aspects of the business model (e.g., delivery methods, etc.)

Increased marketing efforts

Increased team communication frequency

Invested in technology (hardware / software for remote work)

Taken the time for future planning

No innovation / business is closed

Other (please specify)

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* 16. Do you know where to go to get financial assistance / needed help?

Yes

Sort of

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* 17. Which of the following most closely matches your primary industry?

Arts, entertainment, and recreation

Aviation and aerospace

Accomodation (hotel, motel, etc.)

Food Services

Wholesale Trade

Transportation / logistics

Warehouse / distribution

Retail Trade

Manufacturing

Healthcare

Social Assistance / Nonprofit

Educational Services

Financial Services / Insurance

Agriculture, forestry, fishing and hunting

Mining, quarrying, and oil & gas extraction

IT / tech

Construction

Engineering/architecture

Professional / business services

Utilities

Commercial real estate

Government

Residential real estate

Life Sciences

Service provider (beauty, health / fitness / gyms, massage, automotive repair, other repair / maintenance, etc.)

Other (please specify)

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* 18. How many total employees (part-time and full-time) in your company work in Yellowstone County (before the COVID-19 disruption)?

1 to 3

4 to 6

7 to 9

10 to 19

20 - 49

50 to 99

100 to 499

500 +

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* 19. What is your business zip code?

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* 20. Please describe the ownership of your organization. (Select all that apply):

Sole Proprietor

C Corporation

S Corporation

LLC

Female owned (at least 51%)

Minority owned (at least 51%)

Veteran / military spouse owned

Other (please specify)

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* 21. Is there anything that you would like policy makers/businesses support organizations to know that was not addressed in this survey?

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* 22. What do you see as essential steps for your business recovery / business restart plans?

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* 23. If you would like us to follow up with you about accessing resources to support your business, please provide your email. Know that your email will be separated from survey answers upon receipt.