The past few months have been a whirlwind, impacting all businesses, whether you have had to temporarily close, layoff employees, or pivot your business to find a way to keep the lights on. First and foremost, we want you to know you are not alone. While it is a scary time, we like to keep our focus on what we can control. Below are some resources that may be beneficial to your business.
The US Chamber of Commerce has created a guide and checklist to help small businesses navigate available loans and financial assistance made available through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Whether your business has already reopened or is planning to reopen, check out this toolkit from the Centers for Disease Control and Prevention (CDC) to assist employers in slowing the spread of COVID-19 and keeping employees safe.
Here is guidance issued by the Occupational Safety and Health Administration (OSHA) for reopening businesses.
The Small Business Administration the Treasury Department have created a loan forgiveness application, as well as a simplified form for borrowers that meet one of the following criteria:
They are self-employed and have no employees.
They didn't reduce employee wages by more than 25 percent and didn't reduce employee headcount or hours.
They experienced reductions in business activity as a result of health directives related to COVID-19 and didn't reduce employee wages by more than 25 percent.
Please let us know how we can be of assistance during these challenging times. We are a phone (or video) call away.