PPP
Believe it or not, money is still available and there is discussion about extending the 8 week forgiveness window to 24 weeks, and the percentage require to cover payroll (75%) may change as well, but currently the existing rules still apply, but there is still money in the pot.
Verizon Grant
Verizon is providing small business relief grants, to see more and to apply, click HERE. Grant applications must be received by May 20th. It never hurts to apply, at this point you have all your information ready, so GO FOR IT!
Below are updated guides and resources we have received from the U.S. Chamber
- Main Street Lending Program Guide
- State-by-State Business Reopening Guidance
- Backgrounder on Health Coverage Options
- Backgrounder on Unemployment Insurance Under the CARES Act
- Independent Contractor’s Guide to CARES Act Relief
- Coronavirus Emergency Loans Small Business Guide and Checklist
- Temporary Paid Leave and Family Medical Leave Guide
- Economic Injury Disaster Loan (EIDL) Program Guide
- Employee Retention Tax Credit Guide
- Coronavirus Small Business Guide
- Coronavirus Response Toolkit
Re-Opening - What does that look like
This crisis has affected different industries differently – likewise, the reopening process will vary by sector, and it will be ever-changing as well, but take a look at your sector-specific guidelines from some of the leading industry associations and government sources: Reopen Retail Blueprint - Shopping Safe
| For restaurants: | CDC's Reopening Decision Tree for Restaurants and Bars and National Restaurant Association’s Reopening Guidance |
| For retailers: | National Retail Federation’s Operation Open Doors |
| For home service providers: | AIHA’s Reopening Guidance for At-Home Service Providers |
| For construction businesses: | AIHA’s Reopening Guidance for Construction Environments |
| For gyms and fitness facilities: | AIHA’s Reopening Guidance for Gyms and Workout Facilities |
| For office-based businesses: | AIHA’s Reopening Guidance for General Office Settings |
| For hair and nail salons: | AIHA’s Reopening Guidance for Hair and Nail Salons |
| For childcare programs: | |
| For camps and youth programs: | CDC's Reopening Decision Tree for Camps and Youth Programs |
| For schools: | CDC's Reopening Decision Tree for Schools |
