SpaceLab’s COO Bobby Burton answers a few FAQs on the SBA-backed Paycheck Protection Program (PPP). The deadline to apply has been extended to May 21, 2021.
The questions are being answered based on our company’s experience. Consult with your accountant, banker or the SBA directly to get answers for your individual business.
Who is eligible for PPP?
Any business with 500 or less employees is eligible to file. The Biden administration just opened the program to independent contractors and sole proprietors.
How do I apply?
The primary means to apply is through your business bank. If you don’t have a business bank, the best place to apply is community banks like Level One or First Independence.
How much money can I receive?
The formula that is used is 2.5 times your monthly payroll. If your payroll is $2000, then you will be eligible for $5000 through PPP.
Is PPP a loan program?
It is, but the loan can be forgiven and become a grant. There is a forgiveness process that you must complete. The rules change, so it will depend on the rules when you apply for forgiveness.
We’re thrilled to be a part of Rebel Nell’s Female Founders Promo Book – a promotional book in support of Detroit women owned businesses! Enjoy discounts at 35 of your favorite small businesses. With a value of over $500 and discount codes that are valid for one year, what’s not to love!
By purchasing this book and frequenting the establishments included in it, you’re investing in women’s economic empowerment, vibrant communities, and the growth of the overall community in Detroit.
Female Founders Promo Book
The Female Founders Promo Book, curated by Rebel Nell, is a promotional book in support of Detroit women owned small businesses. Included in this promotional book are discounts to over 35 women owned businesses in Detroit. Value: over $500. Discount codes are valid through 02/28/2022. Promo Book: $35 + $2 shipping
Promo Books can also be purchased at SpaceLab Detroit (downtown).
Thank you to Amy and Diana, the fabulous female founders of Rebel Nell, for curating this book and inviting SpaceLab to participate. Rebel Nell provides employment, equitable opportunity, and wraparound support for women with barriers to employment. Read more about their artful mission here.
PROMO BOOK PARTICIPATING BUSINESSES
BAGS TO BUTTERFLIES
BETTER LIFE BAGS
BLACK GIRL MATHGIC
BON BON BON
BUSTED BRA SHOP
CANINE TO FIVE
DETROIT EXPERIENCE FACTORY
LIVIN’ FOR MEDIA
LOVE TRAVELS IMPORTS
MOTOR CITY WOMAN
NOT SORRY APPAREL
SWEET POTATO SENSATIONS
THE PEACOCK ROOM
THE ROYCE DETROIT
THE VEGAN MARY
UNFORGETTABLE YOU LLC
WELL DONE GOODS
WORK SPACE SPARK
Welcome Bryant Electrical Contractor and Dokes Design & Architecture to SpaceLab Detroit!
Roland Bryant is founder at Bryant Electrical Contractor and leads the company in a variety of project types. Successful projects include those with the City of Detroit – at Coleman A. Young Municipal Center, Belle Isle and Cadillac Square – Eastern Market Corp, Detroit Metro Airport, multifamily residential projects, and health facilities, including the USC Medical Center in Los Angeles.
Dokes Design Architecture is a full-service design firm with a focus on urban building projects. Founder and principal Kimberly Dokes was recently named one of Crain’s Detroit Business’ Notable Women in Design. Damon Dickerson is the company’s Director of Architecture and an adjunct professor at University of Detroit Mercy School of Architecture.
SpaceLab member Orletta Caldwell is founder and CEO of Beyond Existing Enterprises. With 20 years in the nonprofit industry, she’s sharing her expertise through a seven-week series at Schoolcraft College. Courses in the series are:
- Ethics & the Nonprofit
- Communications & Marketing for Nonprofits
- Volunteer Recruitment, Management & Retention
- Grant Research & Writing
- Leadership & Governance in Nonprofit Organizations
- Financial Management for Nonprofits
- Certificate in Nonprofit Management
Classes begin January 19, 2021. Register on the Schoolcraft website.
It’s important to have good team members around you. (Architects and designers) can save you money because of what we know. – Bryan CookTweet
In this online panel discussion and presentation, branding experts, architects and designers answer business owners’ pressing questions about designing, building out and refreshing their commercial spaces.
Business owners with existing space and those who are in the planning stages pose questions to our panel of experts:
Meaghan Barry, partner and creative director – Unsold Studio (and recently named one of Crain’s Detroit Business’ Notable Women of Design): “With our clients, we talk about a priority list and a wish list. We identify what is the priority – what will make the most impact.”
Naomi Beasley-Porter, architectural designer – NSPIRD Design Studio: “(Designers) can work together to create a style guide so there are minimum standards in place. It pertains to finishes and quality, so the design is consistent throughout.”
These experts have designed some of the best known small commercial businesses in Detroit. Watch to get helpful advice and tips before you build.
This program was featured as a 2020 Detroit Month of Design event with Design Core Detroit.
We’re excited about the new members to our community! Where available, please click on the link at their business name to get more info on how they are creating, innovating and building in Detroit and beyond.
Shift_Up is a “Learning Gym” that blends the best flexible online courses with professional coaching and community to offer effective and affordable solutions to upgrade your skills—virtually, or in-person.
LJ Golden Realty
Phillips Spic & Span Cleaning Service
Lethaniel Phillips & Terry Phillips
Blue Horizon Construction
iBartend | V&J Management Group
iBartend is a fun an exclusive “Shake and Sip” bartending class perfect for small groups, celebrations, date night and overall liquor knowledge.
A Bridge of Hope Foundation
A|Squared Legal Group, PLC
Alari K. Adams
Work Space Spark
Meet more of our SpaceLab community here.
We are traumatized by the events of the past month. The murders of Ahmaud Arbery, Breonna Taylor and George Floyd in any circumstance would sadden us. The fact that they were killed by those who had been sworn to protect them and their communities compounds our grief and causes us to again revisit the injustices in the country we live and love.
We are frustrated and tired of the overt, covert and systematic racism that African Americans live with daily. We will use our platform to provide programming to explore ideas that promote positive change and equity in our communities. We must come together to make the places we live, and our entire country, better.
Karen A.D. Burton, Co-founder & CEO
Bobby Burton, Co-founder & COO
SpaceLab members are continuing to operate their businesses and serve their clients. Here’s some great news they’ve shared over the past weeks. We hope the good news motivates you to keep moving your business forward.
Member SDG Architects & Planners is architect for the Detroit City Council Committee of the Whole (COW) office renovation in the Coleman A. Young Municipal Center (CAYMC) – the first renovation of the area in over 40 years. SDG worked with LLP Construction Services on this Design-Build project.
photo by LLP Construction Services
Izzie LLC has contracted with the City of Highland Park to disinfect and sanitize the city’s four main buildings: Police Headquarters, Fire Department, Robert B. Blackwell Municipal Building, and the Ernest T. For Recreation Center.
Black Girl MATHgic reached a milestone with founder Brittany A. Rhodes giving her first-ever presentation as a full-time “mathpreneur” at the Mid School Math Conference in Santa Fe, NM, the largest middle school mathematics conference in the nation, in early March.
New members LottMetz Crutcher Architecture – a partnership of Grand Rapids-based Lott3Metz Architecture LLC and metro Detroit’s Crutcher Studio, Inc. – came together to propose larger developments in Southeast Michigan and plan to “positively contribute to Detroit’s urban revolution.” Read more on MiBiz >>>
Karen Burton, along with Saundra Little, AIA, spent time with Melissa R. Daniel on her podcast Architecture is Political. The conversation focused on architecture, their Noir Design Parti project, Detroit and entrepreneurship. Listen here >>>
Governor Gretchen Whitmer (MI) issued a Stay Home, Stay Safe order for all non-essential businesses that took effect, Tuesday, March 24 at 12:01 a.m. It will be in place for at least three (3) weeks in response to the Novel Coronavirus (COVID-19) pandemic.
SpaceLab is currently closed for most business activity. However, as a postal agent, we will continue to process mail from the downtown location. We ask all Virtual/Mail customers to schedule mail pickup between 11 a.m. and 3 p.m. Monday through Friday. Call 313-379-7000 or email firstname.lastname@example.org to schedule.
As always, Members with a keycard or keyfob still have access at both downtown and Seven Mile Road locations should you need to retrieve something. Use your best judgement when entering the space, as regular daily cleaning activity has ceased. Cleaning products and hand sanitizer are still in the space for your use.
There should not be any meetings or gatherings taking place at the downtown or Seven Mile locations.
Additionally, Day Passes have been suspended at both locations until further notice.
As current events and messaging about COVID-19 evolve, we continue to monitor and implement recommendations by government and health officials. We understand how difficult this time is as you continue to operate your business. Please email Bobby or me if you need assistance in any way, and we will do our best to help. See our Support Resources and Events pages for more information.
Co-founder and CEO