Small Business Loans
The stimulus appropriated over $376 billion in relief for struggling small businesses:
If you or somebody you know has a small business impacted by COVID-19, please reach out to the Small Business Administration for more information HERE.
Meet with a consultant from the Small Business Development Center online when you need them. Just a reminder, these virtual consulting sessions are available to you at no cost! Receive guidance on every application, resource, and question to ensure your business is safe. Sign up with by clicking here for a virtual consultation or call us at 1-800-616-SBDC (7232) to schedule.
Mandatory Posting Requirements for
All employers with less than 500 employees must post this notice in a conspicuous place. Notice must also be provided to all current employees and new hires.
With a record number of people unable to work, or experiencing reduced hours, the stimulus expands unemployment insurance to those hit hardest. The unemployment provisions include:
- On top of state unemployment benefits, an additional $600 per week in “federal pandemic unemployment compensation” is available to individuals through July 31, 2020.
- Part-time workers, and self-employed workers, including gig workers, freelancers, independent contractors, and many entertainment workers, are now eligible for these benefits.
- A waiver of the one week waiting period that is generally imposed by states before an individual is eligible to receive benefits.
- An additional 13 weeks of unemployment benefits to help those who remain unemployed after state unemployment benefits are no longer available to them.
- Benefits won’t be provided to individuals who can telework with pay or who are receiving other paid leave benefits.
If you or someone you know has lost their job or had their hours reduced for reasons related to COVID-19, please find more information about unemployment insurance HERE.