Updates on COVID-19
HR Issues & COVID-19 - Live Zoom Webinar
On Demand Video WebinarElizabeth A. CrosbyPartnerBuckley King LPA
Operating Restaurants During COVID-19 - Live Zoom Webinar
On Demand Video Webinar
Michael P. LaMarca
Master Pizza Franchise Group, LLC/Ohio Restaurant Association Board
Restarting Ohio: Looking Ahead
On Demand Video Webinar
Northern Ohio Area Chamber of Commerce (NOACC)
Maneuvering through the CARES Act, PPP & EIDL
On Demand Video Webinar
Russel W. Balthis, Senior Attorney
Squire Patton Boggs (US) LLP
Date: May 15, 2020
Media contact: Miranda Kortan: (216) 698-2546; email@example.com
County Executive Armond Budish Encourages Businesses Affected by COVID-19 Pandemic to Apply for Small Business Paycheck Protection Program
CUYAHOGA COUNTY, OH – Cuyahoga County is continuing to work with partners from across the region to deploy over $6 million through a Small Business Stabilization Fund, comprised of loans and grants, to support small, neighborhood-based businesses that have been impacted by the COVID-19 pandemic. To date, the National Development Council (NDC), one of the County’s key small business assistance partners, has approved and funded over $2 million in Paycheck Protection Program (PPP) loans to 21 businesses in the County.
The PPP is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. Each PPP loan is made by Small Business Administration (SBA) Lenders, including NDC’s Grow America Fund. The SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
“I and our Department of Development along with many crucial partners are working to make sure we are able to get as many resources as possible out to our local small businesses,” said Cuyahoga County Executive Armond Budish. “Without the National Development Council’s $2 million in PPP funding to small businesses, we would have lost 283 jobs. I encourage businesses to apply for PPP loans as there are still funds available.”
Any small business can apply for PPP funds through their regular bank of business or a community serving lender, such as National Development Council.
Applicants can apply for NDC PPP funds at ndconline.org/ppp/.
“We want businesses to know PPP funding is still available and we are committed to helping businesses navigate through these challenging times. We are proud to serve our local businesses and have witnesses several success stories as a result of this program,” said National Development Council President and CEO Daniel Marsh.
“Take for example JWT&A LLC, a minority-owned construction firm located in Cleveland. John Todd, who owns the firm, applied to his bank for a PPP loan; however, his application was not successful. Through the Urban League of Greater Cleveland, Mr. Todd learned that the National Development Council is providing PPP loans. Within days, Mr. Todd filled out his application and was approved for a loan. He is now working to restart several construction jobs and bring back his employees.”
Businesses Assisted through NDC’s Paycheck Protection Program Include:
- Computer Systems Design Services
- Specialty Food Stores
- Environmental Consulting Services
- Beauty Supply
- Child Day Care Services
- Offices of Real Estate Appraisers
- Machine Shops
- Office Administrative Services
- Child and Youth Services
- Home Health Care Services
- Social Advocacy Organizations
- Dentists Offices
Small business owners can learn more about the PPP and get help applying by calling the Small Business Resource Center at 216-452-9714 or by visiting the Cuyahoga County Small Business Resource Center webpage.
Governor DeWine's Office - Latest Updates
Ohio Department of Health - Latest upates on COVID-19 statistics
Ready.gov - Pandemic Guidelines
United States Department of Labor - Information includes links to interim guidance and other resources for preventing exposures to, and infection with COVID-19.
World Health Organization - World situation platform
U.S. Small Business Administration - Business Support & Resources
SBA- Economic Injury Disaster Loan Program - Ohio Small Businesses can apply for low-interest loans up to $2 million to help overcome their temporary loss of revenue.
Paycheck Protection Program (PPP) - PPP provides job retention funding in the amount of 8 weeks' of payroll + an additional 25% of that amount. Apply through an SBA Lender found at the below link.
SBA- Economic Injury Disaster Loan Program - The Coronavirus Small Business Guidance & Loan Resources page is being continually updated with all SBA tools and resources, including preparedness checklists and different avenues to access capital.
Express Bridge Loans - Allows small businesses to access up to $25,000 in emergency funding with streamlined paperwork, and is designed to assist while awaiting EIDL funding. Apply through an SBA lender. Lenders can be found at the link below.
SBA-Disaster Assistance - SBA Disaster Assistance in Response to the Coronavirus
SBA-Small Business Loan Resources - Coronavirus (COVID-19): Small Business Guidance & Loan Resources
IRS Three Month Delay for any tax payment - The Treasury Department and IRS just announced a three-month delay for any tax payments owed up to $1 million. You’ll still need to file your returns by April 15, 2020 but will have until July 15 to pay. This will apply to individual tax returns but should also cover many pass-through entities and small businesses.
Unemployment Insurance Flexibilities
Career One Stop - Your state's unemployment insurance program
U.S. Department of Labor - New Guidance on Unemployment insurance flexibilities during COVID-19
U.S. Chamber of Commerce - Summary of Latest Congressional Actions
Navigating the Pandemic
Jobs Ohio - Benefits for Your Specific Business Needs. Ohio offers performance-based incentives to assist companies that are starting, relocating or expanding operations in the state. Funding decisions are based on a number of project factors, including but not limited to job creation, payroll figures, fixed-asset investment commitment, project location and project return on investment.
Ohio Department of Commerce - Liquor Return Guidelines for Bars & Restaurants
Email: Ohioliquorinfo@com.ohio.gov or call 1-877-812-0013
SharedWork Ohio - An alternative to layoffs for employers. It allows workers to remain employed and employers to retain their staff during times of reduced business activity.
U.S. Chamber of Commerce-Small businesses and surviving the Coronavirus - The coronavirus is causing financial difficulties for businesses across the U.S. Here are five resources that can help you navigate this difficult situation.
Wages, Hours & Leave
U.S. Department of Labor - Information on common issues employers and workers face when responding to COVID-19, including the effects on wages and hours worked under the Fair Labor Standards Act and job-protected leave under the Family and Medical Leave Act.
Unemployment Compensation - Information for employees without paid leave at work.
C.D.C. - Plan, Prepare and Respond to COVID-19
U.S. Chamber of Commerce - Combating the Coronavirus
U.S. Chamber of Commerce Foundation - Links to OSHA standards, control and prevention, by Occupational Safety and Health Administration (OSHA)
U.S. Department of Labor - Guidance for preparing workplaces for COVID-19
U.S. Department of Labor - COVID-19 Overview
AMX Financial Hardship - Amex is evaluating accounts on a case-by-case basis under its Financial Hardship Relief program to provide support for cardholders impacted by COVID-19. If approved, your interest rate may be lowered to rates as low as 0%, and you may receive a waiver on late and other account fees. Just note that if you accept the relief, your accounts may be frozen, and you won’t be able to use them until paid off. Your Membership Rewards balance will also be frozen, and the issuer may notify the credit bureaus that your account limits were lowered.
Facebook - The social media company announced $100 million in grants for small businesses in a blog post on March 17. Details have yet to be announced for what businesses are eligible for the grants. There is a sign-up link in the blog post to stay updated when details are released.
Microsoft Teams Freemium - Enjoy unlimited chat, built-in group and one-on-one audio or video calling, 10 GB of team file storage and 2 GB of personal file storage per user. You also get real-time collaboration with the Office apps for web, including Word, Excel, PowerPoint, and OneNote.
Zoom Meetings - Host up to 100 participants in a meeting and hold unlimited one-on-one meetings with the video-conference provider’s complimentary plan. This does provide a 40-minute limit on group meetings, though you’re not limited to the number of meetings.
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