New SBA Loan Advance
Up to $10,000 in relief funds loan that will be forgiven.
See below from the SBA:
The U.S. Small Business Administration is committed to help bring relief to small businesses and nonprofit organizations suffering because of the Coronavirus (COVID-19) pandemic.
On March 27, 2020, President Trump signed into law the CARES Act, which provided additional assistance for small business owners and non-profits, including the opportunity to get up to a $10,000 Advance on an Economic Injury Disaster Loan (EIDL). This Advance may be available even if a small business' EIDL application was declined or is still pending, and will be forgiven.
If you wish to apply for the Advance on your EIDL, please visit www.SBA.gov/Disaster as soon as possible to fill out a new, streamlined application. In order to qualify for the Advance, you need to submit this new application even if you previously submitted an EIDL application. Applying for the Advance will not impact the status or slow your existing application.
Employer Resource - Work Sharing Program
Employers can apply for the Unemployment Insurance (UI) Work Sharing Program if reduced production, services, or other conditions cause them to seek an alternative to layoffs.
The Work Sharing Program helps employers:
-
Minimize or eliminate the need for layoffs.
-
Keep trained employees and quickly prepare when business conditions improve.
-
Avoid the cost of recruiting, hiring, and training new employees.
Buisness Resources
State Treasurer Ma’s Small Business Resource List
State of California and GoBiz Resource and Information
Coronavirus/COVID-19 and Your Workforce FAQs from Poindexter Consulting Group
Employee Resources/COVID-19 from Poindexter Consulting Group
Other Resources
CDC Workplace/Home/School Guide
HR Information
Employers are required to post a notice of the Families First Coronavirus Response Act (FFCRA) requirements in a conspicuous place on its premises. An employer may satisfy this requirement by emailing or direct mailing this notice to employees, or posting this notice on an employee information internal or external website.
Download a printable version of the mandatory poster
News
