Federal and State Information/Links for Small Business COVID-19 Financial Relief & Operating Conditions
The CARES Act (Coronavirus Aid, Relief, and Economy Security Act) was passed by Congress and signed into law by the President, as you no doubt have read/heard. The CARES Act includes the Paycheck Protection Loan Program, and other targeted relief for small businesses and individuals affected by the COVID-19 crisis. The special SBA loan program will be administered through the financial institutions and will provide for 100% loan forgiveness to companies who apply the loan funds to maintain pre-crisis staffing & operational expenditure levels. We encourage you to complete your SBA loan application as soon as possible, since the number of application will be high and processed on a first come-first served basis. The new law also provides enhancements to State administered unemployment programs for affected individuals. These benefits are extended to 1099 contract labor/contractors as well as traditional employees under the CARES Act. Here is a link to a one-page summary of the new forgivable SBA loan program, prepared by Jones Walker - NAC's Governmental Affairs Counsel: > Jones Walker Small Business Loan Advisory For more detailed information about the new federal recovery/stimulus law, click these links to the U.S. House of Representatives’ Small Business Committee and U.S. Chamber of Commerce COVID-19 info pages, and for the full text of the final CARES measure, as enacted: > U.S. House of Representatives Small Business Committee Guide to the CARES Act > U.S. Chamber of Commerce SBA COVID Emergency Loan Guide > U.S. Chamber of Commerce Coronavirus Small Business Guide > CARES Act Full Text STATE SPECIFIC FINANCIAL RELIEF & OPERATING CONDITIONS [INCLUDING INFORMATION ON APPLYING FOR FEDERAL LOANS W/ LOCAL SBA OFFICES] Many states are providing information to assist businesses in applying for federal relief, and to implement additional available State relief for small businesses affected by the ongoing pandemic. For your ready reference, NAC has assembled all of the most important information and links on a state-by-state basis in the listing below.
Please note that the application deadlines for some state-provided relief expire April 1 st – and so it is important that you check your state(s) information and act TODAY. Some of the state links will also refer you to additional grants or loans that may be available to you/your business at the city/county levels - please check these out carefully too.
NAC is here to help you! If you have any questions regarding how these laws apply to your business, or need assistance, please don't hesitate to email/call NAC at 904-683-6533 or atmnation@natmc.org. Additionally, our Governmental Affairs Counsel has offered to also answer NAC Member questions on a complimentary basis – and NAC Members may call Rob Carothers at 251-439-7522 for such service. NAC will continue to keep you informed regarding any and all ATM related developments and impacts as the COVID-19 pandemic continues to unfold. Stay Safe & Stay Strong - ATM NATION SHALL ENDURE!!!
HERE ARE THE KEY INFORMATION/RELIEF LINKS BY STATE & TERRITORY:
1. Alabama
https://www.birminghamal.gov/2020/03/17/mayor-woodfins-15-million-covid-19-response-plan-approved-by-the-birmingham-city-council/
https://governor.alabama.gov/newsroom/covid-19/#business
https://www.madeinalabama.com/why-alabama/covid-19-resources/
2. Alaska:
https://aksbdc.org/covid19/
https://www.commerce.alaska.gov/web/EconomicRecoveryResourcesforBusiness.aspx
3. Arizona
https://schweikert.house.gov/resources-small-businesses
https://schweikert.house.gov/sites/schweikert.house.gov/files/Resources%20and%20Information%20for%20Arizona%20Small%20Businesses%20Affected%20by%20COVID-19%203.29.20_0.pdf
4. Arkansas
https://asbtdc.org/covid-19-resources/
http://asbtdc.org/wp-content/uploads/2020/03/EIDL-Fact-Sheet-032420.pdf
https://www.fayetteville-ar.gov/3886/COVID-19-Business-Resources
5. California
https://business.ca.gov/coronavirus-2019/
https://laedc.org/coronavirus/
https://workforce.org/covid-19-bus/
https://www.sandiego.gov/economic-development/resources/relief
6. Colorado-
https://www.coloradosbdc.org/covid/
https://smallbusinessmajority.org/resources/covid-19-colorado-resources
https://choosecolorado.com/covid19/
7. Connecticut
https://www.stamfordct.gov/economic-development/pages/business-information-for-covid-19
https://ctsenaterepublicans.com/2020/03/help-for-small-businesses-workers-during-covid-19/#.XoIQmIhKhPY
8. Delaware
https://business.delaware.gov/coronavirus/
https://www.coons.senate.gov/services/coronavirus-in-business
9. Florida
http://floridasbdc.org/disaster/
https://www.tampagov.net/emergency-management/business-relief
10. Georgia
https://georgia.gov/covid-19-state-services-georgia/covid-19-support-businesses
https://www.georgia.org/covid19
https://www.atlantadowntown.com/invest/covid
11. Hawaii
https://www.schatz.senate.gov/coronavirus/small-businesses
https://www.schatz.senate.gov/coronavirus/
12. Idaho
https://www.schatz.senate.gov/coronavirus/
https://commerce.idaho.gov/content/uploads/2020/03/White-Sheet-Business-Resources_Condensed-03302020.pdf
https://idahosbdc.org/covid-19-resources/
https://www.idahocf.org/covid-19
13. Illinois
https://www.illinoistreasurer.gov/Invest_in_Illinois/Small_Business_COVID-19_Relief_Program
https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/Coronavirus-Disease-2019-(COVID-19)-Information-for-Small-Business.aspx
https://www.chicago.gov/city/en/sites/covid-19/home/chicago-small-business-resiliency-fund.html
14. Indiana
https://isbdc.org/indianacovid19smallbusiness/
https://www.in.gov/ocra/3009.htm
https://iedc.in.gov/resources/covid-19-updates-and-resources
15. Iowa
https://www.iowaworkforcedevelopment.gov/updates-and-resources-about-covid-19
http://iowasbdc.org/covid-19/
https://www.iowaeconomicdevelopment.com/reliefgrants
16. Kansas
https://www.kansascommerce.gov/covid-19-response/covid-19-response-business-incentives/
https://www.kansascommerce.gov/covid-19-response/
http://www.ksready.gov/default.asp?PageID=2&Tab=2
17. Kentucky
https://www.ksbdc.org/coronavirus
https://louisvilleky.gov/government/louisville-forward/small-business-resources-covid-19
18. Louisiana
https://www.opportunitylouisiana.com/covid19
https://www.jedco.org/covid19-updates/
https://www.nolaba.org/resources/
19. Maine
https://www.maine.gov/governor/mills/sites/maine.gov.governor.mills/files/inline-files/85926_Resources_V5%20%28003%29.pdf
https://www.maine.gov/governor/mills/sites/maine.gov.governor.mills/files/inline-files/85926_Assistance_V6.pdf
https://www.maine.gov/governor/mills/covid-19
https://www.ceimaine.org/covid-19-resources-for-businesses/
20. Maryland
https://businessexpress.maryland.gov/coronavirus
https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-grant-fund
https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-fund-programs
https://www.marylandsbdc.org/covid-19-assistance
21. Massachusetts
https://www.mass.gov/info-details/covid-19-resources-and-guidance-for-businesses
https://northamptonma.gov/2119/All-Resources
22. Michigan
https://www.michigan.gov/coronavirus/0,9753,7-406-98163-523333--,00.html
https://www.michiganbusiness.org/covid19/
https://www.michamber.com/coronavirus-toolkit
23. Minnesota
https://www.mnchamber.com/blog/covid-19-business-toolkit#Resources%20for%20businesses
https://www.mnchamber.com/blog/covid-19-business-toolkit
https://mn.gov/deed/newscenter/covid/employers/
24. Mississippi
https://www.msema.org/news/sba-declares-economic-disaster-for-mississippi-due-to-covid-19/
https://msmec.com/coronavirus/
25. Missouri
https://www.ucitymo.org/877/COVID-19-Business-Resources
https://ded.mo.gov/content/sba-approves-disaster-declaration-missouri
26. Montana
http://dli.mt.gov/employer-covid-19
https://commerce.mt.gov/News/PressReleases/governor-bullock-announces-emergency-loans-now-available-for-small-businesses-in-montana
27. Nebraska:
https://governor.nebraska.gov/press/gov-ricketts-announces-extended-tax-deadline-overviews-state%E2%80%99s-continuity-plans
http://opportunity.nebraska.gov/nded-covid19/
28. Nevada
https://www.rosen.senate.gov/sites/default/files/2020-03/COVID%20business%20resource%20guide_0.pdf
https://www.rosen.senate.gov/covid-19-small-business-assistance
29. New Hampshire
https://www.governor.nh.gov/news-media/press-2020/20200318-covid-10-sba-declaration.htm
https://www.nhsbdc.org/covid-19-assistance
https://businesshelp.nheconomy.com/hc/en-us
https://www.nhlra.com/covid-19-guidance--resources.html
https://www.biaofnh.com/business.html
30. New Jersey
https://www.nj.gov/labor/employer-services/business/covid.shtml
https://www.njeda.com/about/Public-Information/Coronavirus-Information
https://www.sbdchudsoncounty.com/2020/covid19updates/
31. New Mexico
https://www.newmexico.gov/jobs-the-economy/information-for-employers/
https://www.cabq.gov/economicdevelopment/documents/cabq-coronavirus-small-business-guide.pdf
32. New York
https://www1.nyc.gov/site/sbs/businesses/covid19-business-outreach.page
https://esd.ny.gov/small-business-administration-sba-covid-19-loans
33. North Carolina
https://edpnc.com/wp-content/uploads/2020/03/COVID-19-Business-Relief-Resources-v12.pdf
https://edpnc.com/nc-business-relief-resources-covid-19/
https://durhamnc.gov/4016/Small-Business-Support-for-Covid-19
34. North Dakota
https://ndresponse.gov/covid-19-resources/covid-19-business-and-employer-resources/covid-19-financial-resources
https://ndresponse.gov/covid-19-resources/covid-19-business-and-employer-resources/covid-19-financial-resources/state
https://www.business.nd.gov/resources/COVID19BusinessandEmployerResources/
35. Ohio
https://governor.ohio.gov/wps/portal/gov/governor/media/news-and-media/dewine-husted-submit-formal-request-for-federal-assistance-for-small-businesses
http://www.ohiocity.org/covid19
https://coronavirus.ohio.gov/wps/portal/gov/covid-19/home/resources-for-economic-support (Click on Businesses & Non-Profits Tab)
https://columbusregion.com/covid-19-preparing-for-the-future/
36. Oklahoma:
https://www.okcommerce.gov/covid19/
https://www.sba.gov/offices/district/ok/oklahoma-city
37. Oregon
https://www.oregon.gov/employ/Pages/COVID-19.aspx
https://greaterportlandinc.com/covid-business-resources
https://www.portlandoregon.gov/civic/article/757095 (Pages 9-12)
http://www.oregon4biz.com/Coronavirus-Information/
38. Pennsylvania
https://www.pachamber.org/coronavirus/
https://dced.pa.gov/businesses/
https://www.uc.pa.gov/COVID-19/Pages/Employer-COVID19-FAQs.aspx
http://www.pidcphila.com/covid-19
39. Rhode Island
https://commerceri.com/covid-19/
https://commerceri.com/wp-content/uploads/2020/03/COVID-SBA-FAQ.pdf
http://www.pawtucketri.com/business-pawtucket
40. South Carolina
https://www.scchamber.net/sc-chamber-team-business-resources-covid-19-email-32420
https://www.sccommerce.com/sba-assistance-during-covid-19
https://www.sccommerce.com/doing-business-here/join-community/emergency-preparedness
41. South Dakota
https://news.sd.gov/newsitem.aspx?id=26516
https://sdreadytowork.com/covid-19/
https://sdreadytowork.com/wp-content/uploads/2020/03/Coronavirus-Options-for-Businesses.pdf
42. Tennessee
https://www.tn.gov/governor/covid-19/covid-19-daily-bulletin/2020/3/18/covid-19-bulletin--2---march-18--2020.html
https://www.tn.gov/ecd/covid-19-small-business-resources.html
https://tnecd.com/covid-19-resources/
43. Texas
https://gonzalez.house.gov/media/press-releases/congressman-gonzalez-announces-availability-small-business-disaster-assistance
https://gov.texas.gov/business/page/coronavirus
https://gov.texas.gov/uploads/files/business/FAQs_Small_Business_Coronavirus.pdf
http://fortworthtexas.gov/covid-19-business/
44. Utah
https://coronavirus.utah.gov/business/
https://www.slc.gov/ed/covid19/
https://business.utah.gov/news/utah-offers-small-businesses-assistance-amid-coronavirus-covid-19-pandemic/
45. Vermont:
https://accd.vermont.gov/about-us/disaster-planning/covid-19-guidance-vermont-businesses
https://www.colchestervt.gov/312/Economic-Development
46. Virginia
https://www.virginia.gov/coronavirus-updates/
https://www.vatc.org/cv19businessresources/
47. Washington
https://www.governor.wa.gov/issues/issues/covid-19-resources/covid-19-resources-businesses-and-workers
https://www.business.wa.gov/site/alias__business/1561/covid-19.aspx
https://coronavirus.wa.gov/business-workers
http://www.seattle.gov/mayor/covid-19#smallbusinessnonprofitsupport
48. West Virginia:
https://westvirginia.gov/covid19/
https://governor.wv.gov/News/press-releases/2020/Pages/COVID-19-UPDATE-Gov.-Justice-issues-Executive-Order-providing-unemployment-benefits-to-those-affected-by-coronavirus.aspx
https://www.wvedc.org/covid-19-resources/
49. Wisconsin
https://content.govdelivery.com/accounts/WIGOV/bulletins/281a61f
https://wedc.org/programs-and-resources/covid-19-response/
https://wedc.org/wp-content/uploads/2020/03/WEDC_Response-to-COVID_19.pdf
https://city.milwaukee.gov/DCD/BusinessToolbox/COVID-19-Resources.htm#.XoIyP4hKhPY
50. Wyoming
https://wyomingbusiness.org/covid19
https://wyomingbusiness.org/wyoemployerresources
51. American Samoa:
https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
52. Guam:
https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
53. Northern Mariana Islands:
https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
54. Puerto Rico:
https://www.sba.gov/offices/district/pr/san-juan
https://www.foundationforpuertorico.org/covid19
55. Virgin Islands:
https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources