We are making all efforts to provide current information, and are continually updating and supplementing this page as details about relief programs become available. However, as new legislation and policies are being adopted daily, we cannot guarantee the accuracy of the information provided and encourage you to contact the appropriate local, state and/or federal officials and agencies for the most-up-to-date information before applying for any Coronavirus-related assistance.
4/20/20 - How The Stimulus Package Can Help You
Federal & Nationwide
In late January President Biden directed OSHA to release clear guidance for employers to help keep workers safe from COVID-19 exposure.
“Protecting Workers: Guidance on Mitigating and Preventing the Spread of COVID-19 in the Workplace” provides updated guidance and recommendations, and outlines existing safety and health standards. OSHA is providing the recommendations to assist employers in providing a safe and healthful workplace.
COVID-19 Stimulus 3.5
Federal Coronavirus Aid, Relief, and Economic Security Act (CARES)
- Relevant topics: (1) A tax credit of $1200 to most adults or $2400 for married persons. (2) $377 billion loan program for small businesses (up to 500 employees) to help continue making payroll. A portion can be forgiven depending on how many employees the employer retains. ((3) An increase in weekly unemployment benefits and an extension of the time period that a person can receive benefits. (4) Self-employed people and gig economy workers may also qualify to receive benefits.
- SBA Loan Program
Federal Family First Coronavirus Response Act
- The law went into effect April 1, 2020 and will remain in place until December 31, 2020. Relevant topics: (1) Extends and expands the protections of FMLA job-protected leave for certain childcare COVID-19-related absences, including requiring paid FMLA leave benefits. (2) Provides a new paid sick leave entitlement for certain COVID-19 related absences. (3) Provides tax credits to help employers defray the costs of paying these benefits.
- Extensis | Relief Navigator
- Extensis Relief Navigator is designed to review and summarize the resources available for small businesses including how to apply and who to contact.
- Facebook | Small Business Grants
- Facebook is offering $100M in cash grants and ad credits.
- GoFundMe | Small Business Relief Fund
- The GoFundMe.org Small Business Relief Fund will provide micro-grants to qualifying small businesses negatively impacted by the COVID-19 pandemic.
- Goldstar | Donations for Live Entertainment Organizers
- Goldstar Mobilizes Platform to Raise Donations for Live Entertainment Organizers in Response to COVID-19 Shutdowns
- IRS.gov | Paid leave for workers and tax credits for small and midsize businesses
- Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave
- SBA.gov | Economic Injury Disaster Loans
- The Small Business Administration has authorized Economic Injury Disaster Loans of up to $2 million in assistance to help small businesses, private nonprofit organizations of any size, in most states and territories that have been financially impacted as a direct result of the coronavirus (COVID-19) since January 31, 2020.
New York City
- NY Community Trust | NYC COVID-19 Response & Impact Fund
- To be eligible, an organization must meet the following criteria: 501(c)3 nonprofit organization; Based in New York City; Recipient of New York City and/or New York State government funding; Annual operating budget of up to $20M (excluding government contracts); Track record of robust programming and services for New York residents
- NYC.gov | NYC Employee Retention Grant Program
- This program is available to New York City businesses with one to four employees that can demonstrate at least a 25% decrease in revenue as a result of COVID-19. Eligible businesses will receive a grant covering up to 40% of their payroll for two months. Businesses can access up to $27,000.
- NYC.gov | NYC Small Business Continuity Loan Fund Pre-Application
- Businesses with fewer than 100 employees who have seen sales decreases of 25% or more will be eligible for zero interest loans of up to $75,000 to help retain employees and ensure business continuity.
- NYC.gov | Assistance for Organizations
New York State
- ESD.NY.gov | New York Forward Loan Fund
- New York Forward Loan Fund (NYFLF) is a new economic recovery loan program aimed at supporting New York State small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak and NYS on PAUSE. NYFLF targets the state’s small businesses with 20 or fewer full-time equivalent (FTE) employees (90% of all businesses), nonprofits and small landlords that have seen a loss of rental income.