(updated May 1, 2020)
As small business owners across Delaware County are grappling with the current and potential impacts associated with COVID-19, the Chamber staff continues to track the latest developments from healthcare agencies, local, state, and federal officials, and our business association partners.
Following are articles, information, and tools you can share with your staff and use for your company. We will continue to update this list as conditions change and we learn more.
DO THIS FIRST!
Note: Federal funding for Economic Injury Disaster Loans (EIDL) and Payroll Protection Program Loans has been restored as of April 27.
If you are not certain where to begin to find information, start by reading these brief guides that have been produced by the U.S. Chamber of Commerce:
Crisis Management and Recovery Workshop
If you missed the live session on April 14, you can watch the webinar by registering here.
The Chamber has partnered with Maia Wilde of Maia Wilde Consulting in Treadwell to provide stress relief tips and techniques for use in a business setting or at home.
RESOURCES FOR BUSINESSES
Small Business Administration
The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).
In response to the Coronavirus (COVID-19) pandemic, small business owners are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. NOTE: Guidance received from SBA on April 7 indicated that the amount of the advance is determined by multiplying the number of employees by $1,000.
The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.
Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.
Under this program:
Eligible recipients may qualify for a loan up to $10 million determined by 8 weeks of prior average payroll plus an additional 25% of that amount.
Loan payments will be deferred for six months.
If you maintain your workforce, SBA will forgive the portion of the loan proceeds that are used to cover the first 8 weeks of payroll and certain other expenses following loan origination.
US Treasury Department Guidance on Paycheck Protection Program
On April 8, the U.S. Department of Treasury released an FAQ document to address common inquiries and requests for information pertaining to the Paycheck Protection Program (PPP).
In addition to the FAQ document, please review the following resources provided by the U.S. Department of Treasury below and visit their webpage for additional information.
A top-line overview of the program can be found here.
If you’re a lender, more information can be found here.
If you’re a borrower, more information can be found here.
The application for borrowers can be found here.
Coronavirus Resource Page (US Chamber)
Coronavirus Emergency Loans Small Business Guide and Checklist
The U.S. Chamber’s Coronavirus Emergency Loans Small Business Guide and Checklist serves as a comprehensive step-by-step tool to help small businesses, independent contractors, gig economy workers and other qualifying individuals prepare to file for a coronavirus relief loan under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Economic Injury Disaster Loan (EIDL) Program Guide
As you may know, the CARES Act expanded the Small Business Administration’s long-standing Economic Injury Disaster Loan (EIDL) program. The EIDL program was created to assist businesses, renters, and homeowners located in regions affected by declared disasters. The program is applicable to small businesses and most small nonprofits (less than 500 employees), sole proprietors and independent contractors. Click here to view our guide that helps you and your members to check eligibility, understand loan parameters, and find out how to access $10,000 emergency grants.
Federal Paid Family Leave Programs
The Families First Coronavirus Response Act created new temporary paid sick leave and paid Family and Medical Leave Act (FMLA) programs that are 100% reimbursable by the federal government. The effective date of both programs is April 1 and they expire on December 31, 2020.
Coronavirus Small Business Guide
The U.S. Chamber’s own interactive digital platform CO— has created a Coronavirus Small Business Guide to help you navigate the pandemic with new stories daily—including the resource guides above, remote working tips, links to small business webinars and townhalls, and more.
Resource pages by the U.S. Chamber of Commerce Foundation, including links to Resilience in a Box and Disaster Preparedness and Recovery Quick Guides.
Empire State Development (New York State)
Not certain if you are an “essential business”? Look here: https://esd.ny.gov/guidance-executive-order-2026
CDO Workforce coordinates and focuses employment, training and education development resources across three counties, providing service to employed people, unemployed people and employers alike. Our goal is to improve the long-term growth and development of the work force.
SUNY Delhi is offering 10 free non-credit classes through the online education platform Ed2Go. These are available from April 29 – June 30, 2020. Topics include website development, customer service, marketing, personal finance, fundamentals of supervision and management, job search skills, and individual excellence. Each class is a self-paced tutorial with 24 hours’ worth of content that you can complete on your own time. Classes are for personal/professional development and cannot be applied toward a SUNY Delhi degree.
COVID-19 Safety and Health Standards, Control & Prevention
An overview of information for workers and employers about the evolving coronavirus outbreak. Includes links to OSHA standards, control and prevention, by Occupational Safety and Health Administration (OSHA)
New York State Liquor Authority
COVID-19 Guidance on Restrictions, To-Go & Delivery, and Q & A
Small Business Development Center (SBDC)
New York State Department of Labor
Find guidance on unemployment benefits and employer obligations.
Rural Law Initiative
The Rural Law Initiative Resource Page is intended to offer legal information and education to rural-based entrepreneurs and businesses. The available documents, videos and podcasts are not a substitute for legal advice from an attorney, nor do they give rise to an attorney-client relationship. These resources are to be used for educational and informational purposes only.
PUBLIC HEALTH AGENCIES
Centers for Disease Control and Prevention (federal)
This is an emerging, rapidly evolving situation and CDC will provide updated information as it becomes available, in addition to updated guidance.
About Coronavirus Disease 2019 (COVID-19) https://www.cdc.gov/coronavirus/2019-ncov/about/index.html
Situation Summary (CDC)
Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19) https://www.cdc.gov/coronavirus/2019-ncov/specific-groups/guidance-business-response.html?CDC_AA_refVal=https%3A%2F%2Fwww.cdc.gov%2Fcoronavirus%2F2019-ncov%2Fguidance-business-response.html
Prevention and Treatment
Coronavirus Communication Resources
Free resources including video, fact sheets, and posters.
New York State Department of Health
Latest information on New York State announcements, executive orders, and guidance.
Delaware County Public Health Services
Stay current on conditions in Delaware County.
The information provided here does not, and is not intended to, constitute legal or medical advice. All information, content, and materials on this site are for general informational purposes only. This webpage contains links to third-party websites as a convenience to the reader, and may contain inaccurate information.