Resources for Small Businesses – SBA EIDL Funding

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U.S. Small Business Administration Disaster Loans The SBA is offering low-interest federal disaster loans for working capital up to $2 million to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Apply for a loan online Read an overview of loan eligibility and terms For questions about the loan program or…

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Tax Credits Provided to Small Businesses

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The Family First Coronavirus Response Act requires Small Businesses to provide Emergency Family and Medical Leave, and Paid Sick Leave for employees. It also provides tax credits to small businesses. The FFCRA includes a 100 percent payroll tax credit for qualified sick leave wages paid under the EPSLA and for qualified family leave wages paid…

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Families First Emergency Family and Medical Leave Expansion Act

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Help for Employers and Employees Emergency Family and Medical Leave Act Requires companies with fewer than 500 employees to provide paid time off. Employers with fewer than 50 employees may be exempt if it would “jeopardize the viability of the business” Employers with fewer than 500 employees now must allow employees who have been employed…

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SBA EIDL Help for Small Businesses

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Economic Injury Disaster Loan (EIDL) from the SBA The Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 Providing help to small businesses through the U.S. Small Business Administration (SBA) through low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Read an overview of…

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