Emergency Business Resources during CoVid-19
Below are links and resources for business during the challenging time of the CoVID-19 outbreak.
This page will be updated as new information becomes available:
CT Business Reopening and Recovery Center - Includes information regarding Required Certification for Reopening Businesses - Click Here - Update 5/15/20
CT Sector Rules for May 20th Reopen - Includes Guidance for Restaurants (Outdoor Only), Hair Salons & Barber Shops, Offices, Retail & Malls, Museums & Zoos (Outdoor Only)
Updated 5/11/20 - Click here for details
The U.S. Chamber is working closely with the White House, U.S. government agencies, and foreign government officials to inform and equip businesses with the most important and up-to-date information to prevent the spread of the virus and prepare businesses for the near and long-term impact.
DECD Update on Mortgage Relief and Tax Filing Extensions: Updated 04/01/20
Governor Lamont and all of us on his team continue to work closely with public and private partners on COVID-19 financial relief strategies. I wanted to quickly share our latest progress on two fronts.
PAYCHECK PROTECTION PROGRAM (PPP) INFORMATION SHEET: BORROWERS - Updated 04/01/20
The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone.
At the direction of Governor Lamont to provide Connecticut small businesses with immediate administrative tax relief in recognition of the impact of COVID-19, the Department of Revenue Services (DRS) today announced that it granting a two-month extension of filing and payment deadlines for certain small businesses.
On Friday, March 27, 2020, President Trump signed into law the CARES Act, which provides additional assistance for small business owners, including the opportunity to receive up to a $10,000 Advance on an Economic Injury Disaster Loan (EIDL) for emergency capital. The SBA is updating our system to implement this provision so small businesses can request an EIDL advance when they apply for the loan. This update will be available in the coming days. In the interim period, you can still apply for a full Economic Injury Disaster Loan, but will need to reapply for the Advance when the system is updated with a streamlined application. Once updated, the Advance will be included in your EIDL application process.
Connecticut Recovery Bridge Loan Program - 03/26/2020
To provide emergency cash flow relief to small businesses and nonprofits negatively impacted by the coronavirus, Connecticut is now offering qualifying organizations with 100 or fewer employees access to no-interest loans.
Business Exemptions for Coronavirus - Executive Order 7H - Updated 03/23/2020
COVID-19 Update for West Hartford Businesses from Town Economic Development Specialist Kristen Gosrski
SIOR (Society of Industrial & Office Realators) INTRODUCES INITIATIVE TO PROVIDE CRITICAL COMMUNITY SUPPORT DURING COVID-19 CRISIS
Recording of Governor Lamont's Call with DECD -March 19, 2020
Survey for Businesses:
DECD and Advance CT, a nonprofit organization that works to advance economic competitiveness in Connecticut, today began distributing a comprehensive survey to businesses to get information on what types of resources they need throughout the duration of this pandemic. This will help the state gather important information on the economic recovery from the COVID-19 pandemic. Businesses interested in participating in this survey can access it here
CBIA's Coronavirus Employers Guide
CBIA's Information Regarding SBA's Disaster Relief Loans
Information regarding Unemployment Insurance from CT Department of Labor
Resources for Businesses, Economic Developers, and Local Governments for COVID 19 Preparedness
From CBIA - Coronavirus: An Employer's Guide
Information for Businesses from The Department for Economic & Community Development
Disaster Assistance for Small Business - Updated 3/17/20
SBA Offers Disaster Assistance to Connecticut Small Businesses Economically Impacted by the Coronavirus (COVID-19)
Atlanta – The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to Connecticut small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19), SBA Administrator Jovita Carranza announced today. SBA acted under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, to declare a disaster following a request received from Gov. Ned Lamont on March 15, 2020.
The disaster declaration makes SBA assistance available in the entire state of Connecticut; and the contiguous counties of Berkshire, Hampden, and Worcester in Massachusetts; and Dutchess, Putnam and Westchester in New York; and Kent, Providence and Washington in Rhode Island.
“SBA is strongly committed to providing the most effective and customer-focused response possible to assist Connecticut small businesses with federal disaster loans. We will be swift in our efforts to help these small businesses recover from the financial impacts of the Coronavirus (COVID-19),” said Administrator Carranza. SBA Customer Service Representatives will be available to answer questions about SBA’s Economic Injury Disaster Loan program and explain the application process. “Small businesses, private non-profit organizations of any size, small agricultural cooperatives and small aquaculture enterprises that have been financially impacted as a direct result of the Coronavirus (COVID-19) since Jan. 31, 2020, may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred,” said Carranza.
“These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. Disaster loans can provide vital economic assistance to small businesses to help overcome the temporary loss of revenue they are experiencing,” Carranza added.
Eligibility for Economic Injury Disaster Loans is based on the financial impact of the Coronavirus (COVID-19). The interest rate is 3.75 percent for small businesses. The interest rate for private non-profit organizations is 2.75 percent. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years and are available to entities without the financial ability to offset the adverse impact without hardship.
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email firstname.lastname@example.org for more information on SBA disaster assistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The deadline to apply for an Economic Injury Disaster Loan is Dec. 16, 2020.
For more information about Coronavirus, please visit: Coronavirus.gov.
For more information about available SBA resources and services, please visit: SBA.gov/coronavirus.
About the U.S. Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
Guidance from Governor Lamont on workplace cafeterias: Updated 3/18/2020
The Governor’s Executive Order restricting restaurants and other eating establishments to take out or delivery service does not require onsite workplace cafeterias to close or stop serving food. Employees in general are encouraged to bring their own meals to work if possible rather than using such facilities. To the extent feasible, employers are encouraged to permit or require employees who order food at workplace cafeterias to eat those meals in private work spaces. If employers permit employees to eat food within workplace cafeterias, they should implement appropriate social distancing measures and make every effort to minimize the number of people congregating within a confined space or area.
In addition, workplace cafeterias should stop or limit self-serve food and drinks such as:
• Salad bars
• Fountain sodas
• Reusable food and drink containers