Relief Navigator

COVID-19 Funds, Relief Programs & Creating a Return to Work Plan

We're In This Together: COVID-19 Funds, Relief Programs & Creating a Return to Work Plan

Federal, state and local officials have pledged to make many resources easily available to help small businesses during this challenging time. Extensis Relief Navigator is designed to review and summarize the resources available in each program including how to apply and who to contact. 

Please check back  frequently as updates have been rapid as the situation progresses. If we are missing any programs, please let us know by emailing marketing@extensisgroup.com.


Small Business Association

  • Paycheck Protection Program


    Paycheck Protection Program Extended Through Q2 2021 - On March 8, the Federal Reserve announced it is extending its application deadline for Paycheck Protection Program (PPP) loans through June 30, 2021. The priority access to small businesses application period ended March 9, 2021. PPP loan application will now be accepted for business with greater than 20 employees.

    What's in the Third Covid-19 Stimulus Bill?

    Second Draw PPP Loans: Here’s What You Need To Know

    6 tips for CPAs on newest round of PPP funding

    NEW PPP Loan Details PDF


    Renewed funding of $284 billion for the Paycheck Protection Program (PPP) to provide forgivable loans to first- and second-time small business borrowers. The bill expands eligibility for nonprofits and includes set-asides for very small businesses and community-based lenders. Second-time loans are limited to businesses with fewer than 300 employees and at least a 25 percent drop in gross receipts in a 2020 quarter compared to the same quarter in 2019. The maximum loan size for second-time borrowers is $2 million. Businesses taking a PPP loan will now be able to take the Employee Retention Tax Credit (ERTC), when previously they were only allowed to opt into one or the other. 

    PPP loans can be used to pay qualifying expenses, which have been expanded to include expenses such as covered property damage, supplier costs, or worker protection expenditures in addition to employee wages or operating expenses like rent and utilities. When used for qualifying expenses, PPP loans are forgivable. The bill provides a simplified forgiveness application process for loans up to $150,000.

    The bill also clarifies that businesses can deduct expenses paid with forgiven PPP loans. This clarification applies to old loans and to new loans and does not include guardrails or limitations. Typically, forgiven debt is considered taxable income. In the CARES Act, lawmakers specified that forgiven PPP loans would not count as taxable income. They also intended that expenses paid for with PPP loans would be deductible but did not specify so in law. Section 265 of the tax code generally prohibits firms from deducting expenses associated with income that is tax-free, so without specification, the Treasury Department ruled that expenses paid for with PPP loans were not deductible. This clarification results in a two-part subsidy to businesses comprised of deductions and tax-free loan forgiveness. Lawmakers intended this two-part subsidy when crafting the CARES Act, and the Joint Committee on Taxation scored the original provision as such. This clarification, a kind of technical correction, does not have a budget impact.

    Economic Injury Disaster Loan Program & Small Business Administration (SBA) Debt Relief Payments

    It also provides $20 billion for new EIDL grants (economic injury disaster loan program) for businesses in low-income communities, $43.5 billion for continued Small Business Administration (SBA) debt relief payments, and $2 billion for enhancements to SBA lending. An additional $15 billion of dedicated funding is set aside for live venues, independent movie theatres, and cultural institutions.

    Employee Retention Tax Credit

    Extension and expansion of the Employee Retention Tax Credit through July 1, 2021. The bill increases the refundable payroll tax credit from a maximum of $5,000 to $14,000 by changing the calculation from 50 percent of wages paid up to $10,000 to 70 percent of wages paid up to $10,000 for any quarter. The bill clarifies that businesses will now be able to take the Employee Retention Tax Credit and participate in the PPP.

    Low-Income Housing Tax Credit

    Increases allocations to states for the Low-Income Housing Tax Credit (LIHTC). This credit subsidizes the construction and rehabilitation of housing developments that have strict income limits for eligible tenants and their cost of housing.

    Employer-side Social Security Payroll Tax Credits

    Extension through March 2021 of the employer-side Social Security payroll tax credits to offset paid sick and family leave related to the coronavirus created in the Families First Coronavirus Response Act.

    Deduction for Business Meals

    Expansion of the deduction for business meals to 100 percent for 2021 and 2022. This will cost about $5 billion in federal revenue.

    Tax Extenders

    Extension or permanence for temporary provisions known as tax extenders.



    The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.

    Fully Forgiven Funds are provided in the form of loans that will be fully forgiven when used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll). Loan payments will also be deferred for six months. No collateral or personal guarantees are required. Neither the government nor lenders will charge small businesses any fees.

    Must Keep Employees on the Payroll—or Rehire Quickly Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels. Forgiveness will be reduced if full-time headcount declines, or if salaries and wages decrease. 

    All Small Businesses Eligible Small businesses with 500 or fewer employees—including nonprofits, veterans organizations, tribal concerns, self-employed individuals, sole proprietorships, and independent contractors— are eligible. Businesses with more than 500 employees are eligible in certain industries.

    Program Overview


    For Businesses

    Important Note: Many lenders are prioritizing their current customers so first contact your current lender.

    For VC Backed Businesses:

    Program Rules:

    • Small employers with 500 employees or fewer (per entity) subject to SBA affiliation standards with some CARES specific exceptions Click here for more details.
    • Loan/Grant amount will be 2.5x of a business' average monthly payroll, rent, interest expense and utility payments based on TTM subject to a $10 million maximum loan amount
      • Payroll includes all benefits and includes 1099 employees - be prepared to have this amount verified by obtaining the last 4 quarterly IRS 941 filings or equivalent
    • Businesses will self-certify that the loan is necessary for operations due to the economic uncertainty caused by the Covid-19 crisis
    • No personal guarantees
    • No collateral
    • No personal resource test
    • No credit elsewhere test
    • If the business has already laid off >25% of the employees, it may need to hire some or all of them back to be eligible for the loan to be forgiven
    • Certain non-profits are eligible
    • Loan Forgiveness. Certain borrowers would be eligible for loan forgiveness equal to the amount spent during an eight-week period after the origination date of the loan on:
      • Payroll costs
      • Interest payment on any mortgage incurred before Feb. 15, 2020
      • Rent on any lease in force before Feb. 15, 2020
      • Utilities for which service began before Feb. 15, 2020
      • The amount forgiven would be reduced in proportion to any reduction in employees retained compared to the prior year and to the reduction in pay of any employee beyond 25% of prior year compensation.

    Loans would be available immediately through more than 800 existing SBA-certified lenders, including banks, credit unions, and other financial institutions, and SBA would be required to streamline the process to bring additional lenders into the program.


     Covered Loan Period  Retroactive to February 15, 2020, through June 30, 2020
    Eligible Businesses  Small businesses, non-profits, Tribal business concerns, and veteran's organizations that:
    • Have less than 500 employees or the applicable size standard for the industry as provided by SBA, or
    • Are sole proprieters, self-employed individuals, or independent contractors
    • Were in business on February 15, 2020
    Maximum Loan  Amount The lesser of:
    • 2.5x average monthly payroll costs during the 1-year period* before the date on which the loan is made, or
    • $10 million
    • *For new businesses, the measurement period would be Jan. 1 to Feb. 29, 2020
    The legislation also temporarily increases the maximum amount for an SBA Express loan from $350,000 to $1 million through December 31, 2020.
    Guarantees Increases the government guarantee of 7(a) loans to 100% through December 31, 2020
    Allowable Uses
    • Payroll costs
    • Health care benefits
    • Mortgage interest obligations
    • Rent obligations
    • Utility payments
    • Interest on other debt obligations incurred previous to Feb. 15, 2020
    Eligible Lenders SBA and the Department of the Treasury are granted authority to determine additional lenders to administer the Payment Protection Program loans
    Maturity Schedule Maximum 10-year maturity after application loan forgiveness
    Interest Rate Not to exceed 4% during the covered period
    Payment Deferral Not less than 6 months and not more than 1 year (including payment of principal, interest, and fees)
    Terms of Loan Forgiveness (Sec. 1106)
    • Loan recipients will be eligible for loan forgiveness for an 8-week period after the loan's origination date in the amount equal to the sum of the following costs incurred during that period:
      • Payroll costs (compensation above $100,000 excluded)
      • Payment of interest on mortgage obligation
      • Rent obligations
      • Utility payments
    • The amount forgiven cannot exceed the amount borrowed
    • Loan forgiveness will be proportionally reduced if the average number of employees is reduced during the covered period as compared to the same period in 2019. The amount of loan forgiveness will be reduced by the amount of any reduction in total employee salary or wages during the covred priod that is in excess of 35% of the total salary or wages.
      • Payroll documentation and documentation of expenses are required to receive forgiveness, to ensure the forgiveness was used to retain employees and pay expenses
      • Borrowers that rehire laid off workers by June 30 won't be penalized for having a smaller workforce at the beginning of the period
      • Borrowers with tipped workers may receive loan forgiveness for the additional wages paid to those employees
    • Lenders have 60 days to issue a decision on the application
    • The cancelled loan amount will not count towards gross income for tax purposes
    • Borrower and lender fees are waived
    • Prepayment fees are waived
    Borrower Requirements
    • Good faith certification that the loan is necessary because of economic uncertainty caused by COVID-19 and will be applied to maintain payroll and make required payments
    • Borrower must also certify that they are not receiving this assistance and duplicative funds for the same uses from another SBA program
    • No collateral or personal guarantee are required
    Nonbinding  Guidance Lenders should prioritize small businesses, entities in underserved and rural markets, veterans and members of the military community, small business concerns owned by socially and economically disadvantaged individuals, women, and businesses in operation for less than 2 years.
    Lender Reimbursements  Lenders will be reimbursed at the following rates based on the balance of the financing   outstanding at the time of loan disbursement:
    • 5% for loans up to $350,000
    • 3% for loans between $350,000 and $2,000,000
    • 1% for loans above $2,000,000
    Appropriated  Amounts for Program  $349 billion


    Who will make my company's Paycheck Protection Loan? Under the Paycheck Protection Loan program, the SBA delegates to SBA lenders (current and new) (Program Lenders) the authority to approve Paycheck Protection Loans.

    The SBA provides a 100% guarantee of Paycheck Protection Loans, but an SBA lender, possibly the company's current lender or banking relationship, will underwrite and originate the loan. Here are some lenders to contact today:
    What other requirements will the company need to meet? Eligible companies are required to make the following good faith certifications:
    • "That the uncertainty of current economic conditions makes necessary the loan request to support [its] ongoing operations"
    • "Acknowledging that funds will be used to retain workers and maintain payroll or make mortgage payments, lease payments and utility payments"
    • The borrower does not have an application pending for, and has not received between February 15, 2020 and December 31, 2020, a Paycheck Protection Loan "for the same purpose and duplicative of amounts applied for or received" under a Paycheck Protection Loan.
    DO YOU NEED HELP? Free SBA Loan Couseling Assistance

    Small Business Committee One Page Summary
    Small Business Committee Section-by-Section Summary

    Additional Details Below:

    The CARES Act amends the Small Business Act (SBA) to create a new Business Loan Program category (hereinafter, the "program"). For the period from February 15, 2020 to June 30, 2020 (covered period), the law allows the Small Business Administration (Administration) to provide 100% federally-backed loans up to a maximum amount to eligible businesses to help pay operational costs like payroll, rent, health benefits, insurance premiums, utilities, etc. Subject to certain conditions, loan amounts are forgivable (see more detailed discussion on loan forgiveness below).


    The SBA allows the Administrator to provide loans directly or in cooperation with the private sector through agreements to participate on an immediate or deferred (guaranteed) basis. Lenders authorized to make loans under the SBA's current Business Loan Program are automatically approved to make and approve loans under this new program, and they may opt to participate in the program under the terms and conditions established by the Department of Treasury (Treasury). Additionally, the Treasury Secretary may extend such authority to additional private sector lenders under criteria established by Treasury (including, for instance, allowing additional lenders to originate loans).

    The Administrator may guarantee covered loans under this program on the same terms, conditions, and processes as a loan made under the SBA's current Business Loan Program. No collateral or personal guarantee is permitted to be required for a loan. The interest rate on loans under the program is not to exceed four percent. There will be no subsidy recoupment fee associated with the loans and no prepayment penalty for any payments made. Additionally, the Administrator has no recourse against any individual, shareholder, member, or partner of an eligible loan recipient for non-payment, unless the individual uses the loan proceeds for unauthorized purposes (see discussion below of permitted uses).

    A loan made under the SBA's Disaster Loan Program on or after January 31, 2020, may be refinanced as part of a covered loan under this new program as soon as these new loans are made available. The CARES Act specifically allows SBA Disaster Loan recipients with economic injury disaster loans made since January 31, 2020 for purposes other than the permitted loan uses under this program to receive assistance under this program.

    Unlike prior drafts of the CARES Act, the final version contains a "Sense of the Senate" that the Administrator should issue guidance to lenders and agents to ensure that processing and disbursement of covered loans prioritizes:

    • Small business concerns;
    • Entities in underserved and rural markets (including veteran communities);
    • Small business concerns owned by socially and economically disadvantaged individuals;
    • Women; and
    • Businesses in operation for less than two years


    In addition to "small business concerns" as currently defined under the SBA, eligible businesses for the new program include any business concern, nonprofit organization, veterans' organization, or Tribal business if it employs not more than the greater of-

    • 500 employees (includes full-time, part-time, and those employed on other bases); or
      If applicable, the size standard in number of employees established by the Administration for the industry in which the entity operates. There is a special eligibility rule for businesses in the hospitality and dining industries. For businesses with more than one physical location, if it employs 500 or fewer employees per location and is assigned to the "accommodation and food services" sector (Sector 72) under the North American Industry Classification System (NAICS), the business is eligible to receive a loan. SBA regulations on entity affiliations (under 13 CFR 121.103) are waived for the covered period for business concerns, non-profits, and veterans' organizations for:
      • Businesses in Sector 72 under the NAICS with 500 or fewer employees;
      • Franchise businesses with SBA franchisor identifier codes; and
      • Any business that receives financial assistance from a company licensed under section 301 of the Small Business Investment Act. Sole proprietors, independent contractors, and eligible self-employed individuals (as defined in Congress's last COVID-19 bill, the Families First Coronavirus Response Act (Families First Act)) are eligible for loan recipients, subject to some documentation requirements to substantiate eligibility.

    Loan Maximum, Borrower Eligibility Requirements, and Permissible Uses
    The maximum loan amount (capped at $10 million) is the lesser of:


    • 2.5 times average total monthly payroll costs incurred in the one-year period before the loan is made (or for seasonal employers the average monthly payroll costs for the 12 weeks beginning on February 15, 2019, or from March 1, 2019 to June 30, 2019);
    • PLUS the outstanding amount of a loan made under the SBA's Disaster Loan Program between January 31, 2020 and the date on which such loan may be refinanced as part of this new program;


    (B) Upon request, for businesses that were not in existence during the period from February 15, 2019 to June 30, 2019 -

    • 2.5 times the average total monthly payroll payments from January 1, 2020 to February 29, 2020;
    • PLUS the outstanding amount of a loan made under the SBA's Disaster Loan Program between January 31, 2020 and the date on which such loan may be refinanced as part of this new program;


    (C) $10 Million

    There are very few borrower requirements to obtain a loan under the new program. Those requirements include a good-faith certification that:

    • The loan is needed to continue operations during the COVID-19 emergency;
    • Funds will be used to retain workers and maintain payroll or make mortgage, lease, and utility payments;
    • The applicant does not have any other application pending under this program for the same purpose; and
    • From February 15, 2020 until December 31, 2020, the applicant has not received duplicative amounts under this program

    Businesses may, in addition to uses already allowed under the SBA's Business Loan Program, use the loans for:

    • Payroll Costs
      • Includes: compensation to employees, such as salary, wage, commissions, cash, etc.; paid leave; severance payments; payment for group health benefits, including insurance premiums; retirement benefits; state and local payroll taxes; and compensation to sole proprietors or independent contractors (including commission-based compensation) up to $100,000 in 1 year, prorated for the covered period;
      • Excludes: individual employee compensation above $100,000 per year, prorated for the covered period; certain federal taxes; compensation to employees whose principal place of residence is outside of the US; and sick and family leave wages for which credit is allowed under the Families First Act;
    • Group health care benefits during periods of paid sick, medical, or family leave, and insurance premiums;
    • Salaries, commissions, or similar compensations;
    • Payments of interest on mortgage obligations;
    • Rent/lease agreement payments;
    • Utilities; and
    • Interest on any other debt obligations incurred before the covered period.

    In evaluating eligibility of borrowers, a lender must consider whether the borrower was operating on February 15, 2020 and had employees or independent contractors for whom the borrower paid.


    Regarding loan payment deferral rights, the CARES Act provides that businesses that were operating on February 15, 2020 and that have a pending or approved loan application under this program are presumed to qualify for complete payment deferment relief (for principal, interest, and fees) for six months to one year. Lenders are required to provide such relief during the covered period (if secondary market investors decline to approve a lender's deferral request, the Administration must purchase the loan). The Administrator has 30 days from enactment of the CARES Act to provide guidance to lenders on this process.

    The program loans qualify for the CARES Act's broader loan forgiveness provisions in Section 1106. Specifically, indebtedness is forgiven (and excluded from gross income) in an amount (not to exceed the principal amount of the loan) equal to the following costs incurred and payments made during the covered period:

    • Payroll costs;
    • Interest payments on mortgages;
    • Rent; and
    • Utility payments

    Forgiveness amounts will be reduced for any employee cuts or reductions in wages.

    The reduction formula for fewer employees is:

    1. The maximum available forgiveness under the rules described above multiplied by:
    2. Average number of full-time equivalent employees (FTEEs) per month - calculated by the average number of FTEEs for each pay period falling within a month - during the covered period divided by:
      • Average number of FTEEs per month employed from February 15, 2019 to June 30, 2019; or
      • Average number of FTEEs per month employed from January 1, 2020 until February 29, 2020;

      Or, for seasonal employers -

      • Average number of FTEEs per month employed from February 15, 2019 until June 30, 2019

    Note that this formula will be used to reduce forgiveness amounts, but cannot be used to increase them.

    For reductions in wages, the forgiveness reduction is a straight reduction by the amount of any reduction in total salary or wages of any employee during the covered period that is in excess of 25% of the employee's salary/wages during the employee's most recent full quarter of employment before the covered period. "Employee" is limited, for purposes of this subparagraph only, to any employee who did not receive during any single pay period during 2019 a salary or wages at an annualized rate of pay over $100,000.

    There is relief from these forgiveness reduction penalties for employers who rehire employees or make up for wage reductions by June 30, 2020. Specifically, in the following circumstances, the forgiveness reduction rules above will not apply to an employer between February 15, 2020 and 30 days following enactment of the CARES Act -

    • The employer reduces the number of FTEEs in this period and, not later than June 30, 2020, the employer has eliminated the reduction in FTEEs; or
    • There is a salary reduction, as compared to February 15, 2020, during this period for one or more employees and that reduction is eliminated by June 30, 2020 (it is unclear whether this is also intended to be limited to employees who made under $100,000 in 2019)

    The CARES Act clarifies that employers with tipped employees (as described in the Fair Labor Standards Act) may receive forgiveness for additional wages paid to those employees. Also, emergency advances received under the expanded SBA Disaster Loan Program discussed below will be excluded from forgiveness amounts.

    Within 90 days of determining the ultimate forgiveness amount, the Administrator must remit payment plus interest accrued through the date of payment to the lender. Authorized lenders and secondary market participants (at the discretion of the Administrator) may report expected forgiveness amounts, up to 100% of principal, on program loans or on pools of such loans. The Administrator must purchase the expected forgiveness amounts in such reports within 15 days.

    There are some required processes to apply for loan forgiveness. Borrowers seeking forgiveness of amounts must submit to their lender -

    • Documentation verifying FTEE on payroll and their pay rates;
    • Documentation on covered costs/payments (e.g., documents verifying mortgage, rent, and utility payments);
    • Certification from a business representative that the documentation is true and correct and that forgiveness amounts requested were used to retain employees and make other forgiveness-eligible payments; and
    • Any other documentation the Administrator may require.

    Forgiveness amounts that would otherwise be includible in gross income, for federal income tax purposes, are excluded.

    The Administrator has 30 days following enactment of the CARES Act to issue regulations on these forgiveness provisions.

    SBA Affiliation Rules and CARES Exceptions


    Size Standard

    Under existing law, in order to be eligible for a loan under the SBA's 7(a) program, the recipient must be a small business concern. The SBA typically uses standards that are stated in terms of number of employees or average annual receipts to determine the largest size that a business concern (including its domestic and foreign affiliates) may be to still be classified as a small business concern.

    Under the CARES Act, any business concern would be eligible to receive an SBA loan authorized by the CARES Act (a "covered loan") if the business concern employs not more than the greater of (I) 500 employees or (II) if applicable, the size standard in number of employees established by the SBA for the industry in which the business concern operates.

    The CARES Act also includes some exceptions to this standard. These exceptions are:

    Business Concerns with More than One Physical Location

    Any business concern with not more than 500 employees per physical location and that is assigned a North American Industry Classification System ("NAICS") code beginning with 72 (i.e., a business concern in the Accommodation and Food Services sector) at the time of disbursal is eligible to receive a covered loan.

    Waiver of Affiliation Rules

    As noted above, the SBA ordinarily counts the employees or annual receipts of a business concern's affiliates when determining whether the business concern qualifies as a small business. Section 121.103 of Title 13 of the Code of Federal Regulations sets forth the general principles the SBA uses to determine affiliation. For example, business concerns and other persons (entities or individuals) are affiliates of each other when one controls or has the power to control the other, or a third party (or parties) controls, or has the power to control, both. Control of a business concern may be established by, for example, ownership or control, or the power to control 50% or more of such party's voting stock, or a block of such party's voting stock that is large compared to all other outstanding blocks of voting stock. Control of a business concern may also be established through, among other things, a party's ability, under the concern's charter, by-laws, or shareholder's agreement, to prevent a quorum or otherwise block action by the board of directors or shareholders of the business concern. The CARES Act provides that this regulation is waived with respect to eligibility for a covered loan for:

    • any business concern with not more than 500 employees that is assigned a NAICS code beginning with 72;
    • any business concern operating as a franchise that is assigned a franchise identifier code by the SBA; and
    • any business concern that receives financial assistance from a company licensed under section 301 of the Small Business Investment Act of 1958.


    To be covered by the first exception outlined above, the business concern must be assigned a NAICS code beginning with 72. Below is a list of industries with a NAICS code beginning with 72.

    • Hotels and Motels
    • Casino Hotels
    • Bed-and-Breakfast Inns
    • All Other Traveler Accommodation
    • RV Parks and Campgrounds
    • Recreational and Vacation Camps
    • Rooming and Boarding Houses, Dormitories, and Workers' Camps
    • Food Service Contractors
    • Caterers
    • Mobile Food Services
    • Drinking Places (Alcoholic Beverages)
    • Full-Service Restaurants
    • Limited-Service Restaurants
    • Cafeterias, Grill Buffets, and Buffets
    • Snack and Non-Alcoholic Beverage Bars

    Effect of the Waiver of Affiliation Rules

    The CARES Act would allow certain business concerns that previously did not qualify for an SBA loan because its affiliations caused the business concern to exceed the applicable thresholds to qualify for a covered loan. For example, assume that a business concern in a covered industry with 300 employees received financing from a private equity fund and granted the fund control rights. That business concern is currently deemed an affiliate of the fund, and of any other portfolio company controlled by the fund. Further assume that such affiliation caused the business concern to no longer be considered a small business because when measured against the SBA's standards, the business concern is deemed to have all the employees of the private equity fund and the fund's other portfolio companies. As a result of the waiver of affiliation rules in the CARES Act, the business concern would no longer be an affiliate of the private equity fund and the other portfolio companies, and the business concern may qualify for a covered loan.

    The proposed waiver of affiliation rules may also help some businesses that are structured so that they consist of more than one business concern. For example, assume a corporation owns three hotels through three separate limited liability companies, and that each such subsidiary has fewer than 500 employees. Further assume that the corporation does not qualify as a small business because it is too large when you consider the total number of its affiliates' employees, i.e., the employees of the three subsidiaries it controls. However, if the affiliation rules are waived, each such subsidiary may apply for a covered loan.

    However, the proposed waiver of affiliation rules will not necessarily benefit businesses that own separate establishments through the same business concern. For example, assume the three hotels in the example above are owned directly by the corporation, and the corporation has 1,000 employees, including over 500 employees who work at its largest hotel. The corporation would be a single business concern with over 500 employees and would not be eligible to apply for a covered loan as a result of the waiver of affiliation rules.

    More info at: https://www.gibsondunn.com/sba-paycheck-protection-loan-program-under-the-cares-act/#_ftn6

  • Economic Injury Disaster Loans

    BREAKING NEWS:  SBA slashes disaster-loan limit from $2 million to $150,000 

    SBA is issuing Economic Injury Disaster Loans up to $2 million, 30 year term at 3.95% interest (2.75% for non-profits) to help pay fixed debt, payroll, accounts payable and other operation expenses.

    The SBA provides disaster loans to U.S. small businesses and individuals under the disaster loan program set forth in Section 7(b) of the Small Business Act. Pursuant to the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020, COVID-19 has been deemed a disaster for purposes of the SBA disaster loan program.

    COVID-19 disaster loans in amounts up to $2 million each may be issued to eligible borrowers in each state that has made an economic injury declaration to the SBA. Per updated guidance issued by the SBA on March 17, 2020, the SBA is waiving the existing requirements for county-by-county disaster declarations and is permitting declarations by each state on a statewide basis upon establishment of at least five impacted businesses in such state. The list of states that have done so can be found on the SBA website, which is currently being updated multiple times a day.

    Please Note: The SBA Site has been experiencing heavy traffic, if it is slow to load or does not load, wait a few minutes and try again.

    Step by Step Guide on How To Apply

    To qualify as a "small business concern" eligible for a COVID-19 disaster loan, a business must be (a) independently owned and operated, (b) not dominant in its field of operation, and (c) not larger than the relevant business size set forth in the SBA Table of Small Business Size Standards Matched to North American Industry Classification System Codes (13 C.F.R. § 121.201). The SBA's site also provides a tool for navigating the business size classification system.

    Notwithstanding the helpful links provided by the SBA, for businesses with a more complicated capital structure, the final determination of eligibility can be more complex, and the income of controlling owners of a limited liability company or other business may be combined with the income of the impacted business by the SBA for purposes of making a final determination. (See MCLANE ADVANCED TECHNOLOGIES, LLC, APPELLANT, SBA No. SIZ-4746 (2005), determining that "[t]he majority ownership rule at 13 C.F.R. § 121.103(c)(1) also applies to interests in limited liability companies, and the majority owner of a limited liability company controls and is affiliated with, that company.")

    If a business is eligible and its state has made a proper COVID-19 declaration, a COVID-19 disaster loan is now available with terms of up to 30 years. The proceeds of such a loan may be used to pay "fixed debts, payroll, accounts payable and other bills that can't be paid because of the disaster's impact. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%." (See March 17 SBA Advisory.)

    SBA will coordinate the application process with each state as it becomes eligible, and applications can be made online. Please be aware that, as of March 18, the SBA website has suffered intermittent connectivity issues, possibly due to unusually high traffic on its website.

    Subject to further updates, applications for an eligible business will generally be expected to include an IRS Form 4506-T, current information such as a personal financial statement, a schedule of liabilities and a copy of the most recently filed federal income tax return. (See (a) SBA disaster loan assistance FAQs and (b) 13 C.F.R. § 123.1.)

    Please be aware that, subject to further updates by the SBA, under the current SBA disaster loan program, each COVID-19 disaster loan exceeding $25,000 is required to be secured by some form of collateral, as determined by the SBA during the review of each application. If the business has an existing credit facility, particularly a secured credit facility, it must determine whether the applicable credit documents would require consent of senior or other lenders before the business can obtain a COVID-19 disaster loan. Be aware that the lender also may need to consent to a grant of a first lien in favor of the SBA (or third-party lender of a COVID-19 disaster loan) on agreed-upon collateral in order to close a COVID-19 disaster loan.

  • SBA Disaster EIDL Loan Background Info
    1. What does an SBA EIDL disaster loan cover?
      An EIDL helps you pay fixed debts, payroll, accounts payable and other bills that can't be paid because of the disaster's impact up to $2 million. It provides relief from "economic injury" caused directly by the disaster and permits you to maintain a reasonable working capital (inventory, accounts receivable, etc) position during the period affected by the disaster. EIDLs do not replace lost sales or revenue.
    2. Does the state my business operates in qualify?
      In order to qualify, your state needs to be on the list of federally-recognized disaster declarations for businesses. All states will be on the list eventually, its just that some are still going through the process. You can check the status of your state / county here.
    3. What are the terms of the loan?
      The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower's ability to repay.
    4. How do I apply?
      Online Application Page
    5. What information will I need to apply?
      Paper Application forms: Online applications are preferred if at all possible, but this gives an idea of the information required to be gathered to complete the application. Click here for forms.
    6. What are SBA's COVID-19 resources and information?
      SBA's main COVID-19 website, which is updated fairly regularly.
    7. Is more help coming from the SBA?
      Additional loans from SBA are currently being considered by Congress (update as of March 21st).
    8. What other sources of aid are available?
      State and local governments are also stepping up to help. Towards the bottom of this article, detailed information about relief on a state-by-state basis is outlined by Forbes (update as of March 20th).
    9. Contact Information:
      SBA has a Disaster Assistance telephone number and email address, though they are likely experiencing heavy traffic right now:
      Telephone Number: 1-800-659-2955
      Email: disastercustomerservice@sba.gov
  • SBA Participating Lenders
  • The Main Street Business Lending Program

    The Main Street Business Lending Program, a new initiative announced by the Federal Reserve, will complement efforts by the SBA and further support lending to eligible small and medium-size businesses.

State and Local

  • New York

    Governer Andrew Cuomo also announced a New York Forward Loan Program: a $100 million recovery loan program aimed at supporting New York State small businesses.

    New York City

    • NYC Small Business Continuity Loan Fund - Businesses with fewer than 100 employees who have seen sales decreases of 25% or more are eligible for zero interest loans of up to $75,000.
      • About
      • Apply
      • Key Documents: Gather documents that show your decrease in revenue including 2019 tax returns, bank statements, and point-of-sales reports.


    • The Syracuse Economic Development Corp. created a $500,000 fund to provide 0% interest, 180-day emergency loans up to $25,000 to the city's small businesses.

    New York DOL is also reminding businesses of its Shared Work Program that can provide an alternative to laying off employees during business downturns by allowing workers to work a reduced work schedule and collect partial unemployment insurance benefits for up to 26 weeks. Instead of cutting staff, you will be able to reduce the number of hours of all employees or just a certain group: Shared Work Program PDF Brochure

  • New Jersey
    • NJ PPE Access Program 
      • ​The New Jersey Personal Protective Equipment (PPE) Access Program is an innovative public-private partnership that helps businesses and non-profits protect the health and safety of their employees and customers. Through the program, all NJ-based businesses and non-profits are eligible for 10% discounts on PPE purchases made through approved online retailer.
      • Organizations with 100 or fewer employees can apply for grant funding for an additional 25% off products purchased through the approved online vendors. These additional 25% discounts are capped at $20.4M for the entire program and $400 to $500 per organization (depending on your company's location). Want to learn more about PPE? Click here for more info.
    • Small Business Emergency Assistance Loan Program
      A $10 million program that will provide working capital loans of up to $100,000 to businesses with less than $5 million in revenues. Loans made through the program will have ten-year terms with zero percent for the first five years, then resetting to the EDA's prevailing floor rate (capped at 3.00%) for the remaining five years. Click here for more info.
    • Small Business Emergency Assistance Guarantee Loan Program
      A $10 million program that will provide 50 percent guarantees on working capital loans and waive fees on loans made through institutions participating in the NJEDA's existing Premier Lender or Premier CDFI programs. Click here for more info.
    • Community Development Finance Institution (CDFI) Emergency Loan Loss Reserve Fund
      A $10 million capital reserve fund to take a first loss position on CDFI loans that provide low interest working capital to micro businesses. This will allow CDFIs to withstand loan defaults due to the outbreak, which will allow them to provide more loans at lower interest rates to microbusinesses affected by the outbreak. Click here for more info.
    • Small Business Emergency Assistance Grant Program
      A $5 million program that will provide grants up to $5,000 to small businesses in retail, arts, entertainment, recreation, accommodation, food service, and other services – such as repair, maintenance, personal, and laundry services – to stabilize their operations and reduce the need for layoffs or furloughs. Click here for more info.
    • CDFI Emergency Assistance Grant Program
      A $1.25 million program that will provide grants of up to $250,000 to CDFIs to scale operations or reduce interest rates for the duration of the outbreak. Click here for more info.
    • NJ Entrepreneur Support Program
      A $5 million program that will encourage continued capital flows to new companies, often in the innovation economy, and temporarily support a shaky market by providing 80 percent loan guarantees for working capital loans to entrepreneurs. Click here for more info.
    • Emergency Technical Assistance Program
      A $150,000 program that will support technical assistance to New Jersey-based companies applying for assistance through the U.S. Small Business Administration. The organizations contracted will be paid based on SBA application submissions supported by the technical assistance they provide. Click here for more info
  • Connecticut

    The State of Connecticut is taking major steps to protect their business and communities during the coronavirus crisis.
    Here are some updates: 

    • DECD's COVID-19 Business Emergency Response Unit: The Connecticut Department of Economic and Community Development (DECD) has created a COVID-19 Business Emergency Response Unit dedicated to assisting businesses navigate resources and develop new resources. A dedicated phone line is available at 860-500-2333 to provide assistance to Connecticut's small businesses for this purpose.

    • Grants available to Connecticut manufacturers producing needed COVID-19 supplies: Connecticut manufacturers can now apply for grants of up to $75,000 to assist in the production of critical equipment and supplies needed to respond to the COVID-19 emergency. The grants, offered through the state’s Manufacturing Innovation Fund Voucher Program, can be used for working capital, new equipment, and other purposes that help companies build capacity or repurpose their operations. Applications for the funding will be reviewed and approved by the Department of Economic and Community Development, in partnership with the Connecticut Center for Advanced Technology, based on the state’s current needs for medical equipment and supplies related to the pandemic. Funding for this short-term program is limited to $1.3 million and requires a one-to-one match from participating businesses. Learn more about the program and the application process by visiting https://ctmvp.ccat.us.

    • The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses. Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards. For more information and to apply, click here.

    • Small business owner's guide to the CARES Act: On March 27, 2020, the United States Congress approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide the country with relief from the impact of COVID-19. For a guide about how the act will impact small businesses, click here.

    • SBA assistance: On March 16, the U.S. Small Business Administration approved Governor Lamont's request to begin offering disaster-relief loans to Connecticut small businesses and nonprofits. Companies in the state can now apply for loans of up to $2 million through a special page on the SBA website. SBA also has more valuable information for businesses.

    • Tax filing extensions: The Department of Revenue Services has extended deadlines for filing and payments associated with certain state business tax returns. Details are on DRS’s website.

    • Unemployment assistance: Workers directly impacted by the coronavirus pandemic no longer must be actively searching for work to qualify for unemployment assistance. And employers who are furloughing workers can use the Department of Labor’s shared work program, which allows businesses to reduce working hours and have those wages supplemented with unemployment insurance. DOL has more information about these and other changes.

    • Business Interruption Insurance: A business interruption insurance policy should list or describe the types of events it covers. Events that are not described in the policy are typically not covered. It is important to review the policy exclusions, coverage limits, and applicable deductibles with your agent, broker or insurer. The Connecticut Insurance Department has an FAQ that provides more information.

    • Reimbursement of medical leave costs for small and medium-sized businesses: The Connecticut Department of Insurance reminds small and medium-sized employers of recent guidance from the Internal Revenue Service (IRS) on COVID-19 - related medical leave.

  • Pennsylvania

    Businesses in the Commonwealth that are permitted to conduct in-person operations during the disaster emergency must take precautions to protect their employees, their employees’ families, and their communities as a whole. View the business guidance and business FAQ.

    It is important that as many people as possible wear a nonmedical or homemade mask when leaving their homes. View instructions for how to make a homemade mask

    Get Help

    The Pennsylvania COVID-19 guide was created as a place for Pennsylvanians to quickly find the resources they need during the COVID-19 pandemic.


  • Alabama

    Vist Alabama's COVID-19 Data and Surveillance Dashboard (Mobile Version) and COVID-19 Table. For more on data and surveillance including their daily Case Characteristics, visit Data and Surveillance.

    The Office of the Governor has created graphics related to the statewide mask mandate for businesses to print and share in their stores.

    View all COVID-19-Related Emergency Orders of State Agencies.

    This is an emerging, rapidly evolving situation. The Alabama Department of Public Health (ADPH) is providing updated information and guidance on this website, as well as Facebook and Twitter, as it becomes available.

    Public Health Considerations for Reopening

    ADPH is using data and metrics to make recommendations to assist the Governor's Office, partners, and stakeholders across the state in making decisions about safely reopening Alabama. View our COVID-19 Risk Indicator Dashboard (Mobile Version). For more information and resources on reopening Alabama, visit Public Health Guidance for Reopening.

    ADPH Resources

    For more COVID-19 resources from ADPH, CDC, and others, visit Resources.


  • California

    Los Angeles


    • The city established a $1 million economic relief fund for businesses that provides 0% interest loans of up to $25,000 per business.

    San Diego

    San Francisco

    • Small businesses with fewer than five employees are eligible to receive up to $10,000 for staff salaries and rent.
  • Colorado


    • The city's business owners can apply for cash grants of up to $7,500 as part of Denver Economic Development and Opportunity's emergency relief program. Denver Mayor Michael Hancock also announced the creation of a $4 million small business relief fund.
  • Florida
  • Georgia

    The Georgia Department of Economic Development’s small business team is committed to providing our partners with the resources and guidance they need to navigate COVID-19’s impacts. To read about how GDEcD is working to combat the effects of COVID-19, click here.

    Federal Resources: 
    In addition to traditional U.S. Small Business Administration (SBA) funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak, click here.

    Economic Injury Disaster Loans ( EIDL): This loan offers a 3.75% interest rate for small businesses and 2.75% interest rate for nonprofits, a 30-year maturity, and an automatic deferment of one year before monthly payments begin. This includes newly eligible U.S. agricultural businesses.

    SBA Express Bridge Loans: Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. EBL loans can be approved through March 13, 2021.

    SBA Debt Relief: The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic. SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020.

    ***SBA has issued an important scam alert about potential fraud schemes related to economic stimulus programs. Read the warning here.

    To report suspected fraud, call 800-767-0385 or connect online.


    State Resources:
    If you are a Georgia exporter whose operations have been impacted by COVID-19, the Export-Import Bank of the United States is offering relief provisions including waivers, deadline extensions, streamlined processing and flexibility to help U.S. businesses experiencing disruptions. For additional information, click here

    UGA Small Business Development Centers
    The Small Business Development Center network through the University of Georgia remains prepared to aid small businesses across the state. They have created a “Response and Recovery” page, which offers quick links to some of the resources and information related to including cash flow, payroll, marketing and the effect on business operations. To check out the “‘Response and Recovery page, click here.

    Also check out their “Guide to Conquering a Business Crisis” online, here.

    Through the University of Georgia’s Small Business Development Centers (SBDC), in conjunction with GDEcD and Georgia Department of Community Affairs, the state has launched an information website to provide guidance on accessing a variety of U.S. Small Business Administration (SBA) programs made available through the CARES Act,For the full guide, click here.

    Georgia Deparment of Labor: Information regarding unemployment claims related to COVID-19 and finding employment.

    Georgia Department of Revenue: Information regarding measures aimed at assisting individuals and businesses impacted by COVID-10 related to taxes and revenue. The Department of Revenue has resumed in-person service as of June 1, but requires customers to schedule an appointment.

  • Illinois


  • Iowa
    • Governor Kim Reynolds announced the creation of an Iowa Small Business Relief Program that will allocate grants ranging from $5,000 to $25,000, as well as tax deferrals.
  • Maryland
    • The state's Department of Commerce released two initiatives for small businesses: a $50 million Emergency Relief Grant Fund that offers grant amounts up to $10,000 and a $75 million Emergency Relief Loan Fund that will provide businesses with 50 or fewer employees loans up to $50,000.
  • Massachusetts
    • Governor Charlie Baker announced a $10 million relief fund for Massachusetts businesses affected by the coronavirus. Funds of up to $75,000 are immediately available for companies with fewer than 50 full- and part-time employees.
  • Michigan
    • The Michigan Economic Development Corp. received approval to implement a Michigan Small Business Relief Program that will allocate $10 million in small business grants and $10 million in small business loans to local business owners.
  • Minnesota
    Federal SBA Disaster Loans and Emergency Grants (COVID-19)

    The U.S. Small Business Administration is offering a low-interest federal disaster loans and a one-time emergency grant of up to $10,000 for working capital to small businesses and private non-profits suffering substantial economic injury as a result of the Coronavirus (COVID-19).

    SBA’s Economic Injury Disaster Loans (EIDL) offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.

    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. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.

    This program includes an Economic Injury Disaster Emergency Grant for up to $10,000 and is made available, upon request, within 3 days of applying to the EIDL program. The grant does not need to be repaid under any circumstance, and may be used to keep employees on payroll, to pay for sick leave, meet increased production costs due to supply chain disruptions, or pay business obligations, including debts, rent, and mortgage payments.


    The SBA’s Minnesota District Office has created two important resources to help small businesses understand their Economic Injury Disaster Loans.

    1. Please visit this website to understand the loans, download the forms to apply, and much more.
    2. If you have questions about the SBA’s EIDL Loans, please watch this 14 minute video to help answer some FAQs.
    Paycheck Protection Program
    This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program. Learn more on the SBA website.

    Additional Information

    Contact the SBA disaster assistance customer service center.

    Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov.

    Visit SBA.gov/disaster for more information.

  • New Mexico
    • The New Mexico Economic Development Department created the COVID-19 Business Loan Guarantee Program to aid small businesses seeking emergency loans or lines of credit. The program can guarantee a portion of a loan or line of credit up to 80% of principal or $50,000.
  • Oregon


    • Small businesses located in Portland's Jade District or Old Town Chinatown are eligible to receive support through the city's $190,000 emergency fund. Asian and Pacific Islander business owners will be prioritized.
  • Rhode Island

    Emergency Grants and Funding

    The primary source of funding during COVID-19 are the U.S. Small Business Administration Economic Injury Disaster Loans and the Paycheck Protection Program (PPP). You can learn about those here.

    Microenterprise (MicroE) Stablization Grant Program

    Rhode Island’s microenterprise stabilization grant program is designed to assist small businesses that have been impacted by COVID-19 and left out of federal stimulus programs to-date. The program will provide grants of up to $5,000 to qualifying microenterprises. Funds may be used for working capital to cover business costs, such as rent, staffing, utilities.


    To qualify, you must be a bona fide business entity in a participating municipality (below), with no more than five employees and one or more of the business’s employees must be an owner. The business owner(s)’ total household income must be 80% or less of their area median income, based on family size. You can view 80% of the area median income for Rhode Island regions here.

    All applications will be processed via participating municipalities, which are:

    • Barrington
    • Bristol
    • Burrillville
    • Central Falls
    • Cumberland
    • Hopkinton
    • Middletown
    • Newport
    • North Providence
    • North Smithfield
    • Portsmouth
    • Smithfield
    • South Kingstown
    • Tiverton
    • Warren
    • West Warwick
    • Westerly

    If your business is in one of the participating towns above, please reach out directly for more information on how to apply, view each town’s contact information here.

    Don’t see the city or town in which your business is located listed here? Sign up to receive email updates on new additions to the program here.

    • Governor Gina Raimondo partnered with Microsoft to provide Web-based Microsoft Office applications to Rhode Island small businesses for free for six months.

    Quick Links

    SBA loan information:

    Unemployment insurance and employer information:
    Department of Labor and Training

    Jobs available now:

    Public health information:
    Department of Health

    Business regulations
    Department of Business Regulation

  • Texas

    Texas Small Businesses

    UPDATE: On October 7, 2020, Governor Greg Abbott issued an Executive Order to open bars and similar establishments at up to 50% capacity in conjunction with county officials. In hospital regions with low COVID-19 hospitalizations, County Judges will be able to opt their county into opening bars beginning October 14, 2020, provided they assist in enforcing health protocols. The Governor's Executive Order also increases the occupancy levels for all business establishments other than bars to 75%. The Governor released a web video with his Executive Order, encouraging Texans to continue following best practices to mitigate the spread of COVID-19 in their communities.

    Businesses should continue to follow the minimum standard health protocols laid out by the Texas Department of State Health Services. Guidance for employers and employees, as well as Open Texas Checklists by business type, can be found on the Open Texas Website.

    EIDL & PPP Loans

    The U.S. Small Business Administration (SBA) reopened Economic Injury Disaster Loan (EIDL) to all eligible businesses on June 15, 2020. The EIDL is designed to provide long-term, low-interest loans to small businesses and non-profit organizations that are suffering substantial economic injury as a result of COVID-19. For more information, visit the SBA's Disaster Loan Webpage (or visit the Spanish version of the page here). Small business owners requesting loan reconsideration can e-mail: PDC.Reconsideration@sba.gov

    Note: All available funds for the EIDL Advance program have been allocated. However, EIDL loan applications will still be processed even though the Advance is no longer available.

    The SBA's Paycheck Protection Program (PPP) loan initiative is now closed for applications. Small businesses should work with their lender to apply for loan forgiveness and download the forgivenss application here:

    For a list of FAQs regarding PPP loan forgiveness, click here.

    Texas Communities 

    CARES Act Recovery Assistance 
    The U.S. Department of Commerce announced the availability of $1.5 billion in CARES Act funds through the Department’s Economic Development Administration (EDA) to aid communities impacted by the Coronavirus pandemic. For more information and to see if your organization is eligible for an EDA CARES Act Recovery Assistance grant, visit the U.S. Department of Commerce website.

    Coronavirus Relief Fund (CRF)
    Under the CARES Act, $5.06 billion in funding is available to local governments in Texas to aid in reimbursement of direct expenses incurred due to the COVID-19 pandemic. The U.S. Department of Treasury has directly sent over $3.2 billion to the cities and counties in Texas with a population greater than 500,000. The remaining $1.85 billion will be available to other cities and counties throughout the state. The counties, and the cities within those counties, that did not receive direct allocations from the Treasury are eligible to apply for a $55 per capita allocation from the $1.85 billion. The Texas Division of Emergency Management (TDEM) will administer the process and will partner with Texas A&M AgriLife Extension to provide individual assistance to each city and county throughout the process. Information on how to apply for funding, as well as guidance about eligible uses, can be found on the TDEM website.

    COVID-19 Federal Assistance Training for Local Leaders
    Texas A&M AgriLife Extension Service provides a series of free online trainings to help local officials understand, acquire and administer federal assistance available to the state of Texas. The first online training, Federal Relief: An overview for local governments, is available now. Additional trainings will dive into the specifics of individual programs based on the needs of state and local officials and will be posted on the AgriLife Extension website.

    COVID-19 Emergency Funding for Local Governments

    Governor Greg Abbott announced that his Public Safety Office (PSO) will provide $41 million in federal funds to assist cities and counties throughout the COVID-19 response. These funds come from the Coronavirus Emergency Supplemental Funding (CESF) Program authorized by the federal Emergency Appropriations for Coronavirus Health Response and Agency Operations Act. A list of jurisdictions that have received an award can be found here. The list will be updated as awards are released. Local units of government that are interested in learning more about this program can contact PSO via egrants@gov.texas.gov or at 512-463-1919.

    In April 2020, the Governor announced that the PSO will provide $38 million in federal funds to local units of government in Texas to prevent, prepare for, and respond to the coronavirus. For more informaion and eleigible expenses click here. Interested jurisdictions may access the Public Safety Office’s eGrants grant management website to register and apply for funding.

    Texas COVID Relief Fund
    The Texas COVID Relief Fund, powered by the OneStar Foundation, will provide critical funding and resources to organizations across the state working on the ground to support the economic recovery of local communities. Funds raised will be distributed through grants focused on the areas of community and economic development, healthcare and education. For more information, visit the OneStar Foundation website.

    IC2 Institute Program
    The IC2 Institute, headquartered at the University of Texas at Austin, serves as a think-and-do tank to explore the broad economic, technological and human factors that drive economic development in regions. To assist Texas communities in looking ahead towards business recovery and expansion, the Institute has put together a research team to investigate more than 50 selected Texas cities, examine current assets and challenges in those cities, and create community asset summaries for use in developing recovery strategies. More information on this research program is available in the Institute’s website. In addition, the Institute will offer both specialized online training for community leaders this fall and opportunities to work in teams on solving particular problems.

    FEMA Community Disaster Loan (CDL) Program
    The state (TDEM) has made a request to FEMA to become eligible for the CDL program. If approved, jurisdictions which meet the program requirements may apply. This program is typically initiated after the first six months of the incident period. However, it’s advisable that jurisdictions who are knowledgeable on the program should start collecting required pre-disaster financial information. FEMA’s website provides additional detail on the program, required documents and the loan implementation process. 

    • Goldman Sachs and the LiftFund, along with other community development financial institutions, are partnering to provide $50 million in loans to small businesses in Texas. Texas Woman’s University also established an AssistHer Emergency Relief Grant for women-owned businesses operating within the state.
  • Utah

    Salt Lake City

    • Business owners based in the area can apply for 0% interest loans of up to $20,000 as part of the city's emergency loan program.
  • Washington


    • The city's Office of Economic Development is providing $1.5 million in grants of up to $10,000 to small businesses. The mayor is also deferring tax payments for business-owner candidates and will set up a small-business recovery task force.
  • Wisconsin

    The U.S. Small Business Administration (SBA) is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the coronavirus (COVID-19).

    If you are a client of Wisconsin’s other SBA resource partners — including WWBICWestern Wisconsin Women’s Business CenterVeterans Business Outreach Center or SCORE — they also can assist you.

    For Additional Resources, click here.


  • NYC Employee Retention Grant Program

    Businesses with fewer than 5 employees up to $27,000 grant that covers 40% of payroll costs over two months.

  • Private and Non-Profit Companies
    • Amazon
    • Bacardi
      • Has pledged $3 million in relief to bars and restaurants affected by the COVID-19 shutdowns as part of its #RaiseYourSpirits campaign.
    • Facebook
      • Announced a $100 million grant for small businesses impacted by COVID-19 and launched the Business Resource Hub, which features recommendations to help small businesses stay connected to customers and stay on track.
    • Faire
    • Fattmerchant
      • A payment technology provider that has partnered with Gift Up! to allow its clients to sell virtual gift cards. Gift Up! is waiving its usual 3.49% fee for Fattmerchant's members' first $5,000 in gift card sales.
    • Freelancers Union
      • Freelancers Union created a relief fund that will offer financial assistance of up to $1,000 per freelance household.
    • GoFundMe
      • Has partnered with Yelp to allow independent businesses to start fundraisers and accept donations through Yelp's pages. The Yelp Foundation and GoFundMe also both pledged to donate up to $1 million to the GoFundMe.org Small Business Relief Fund.
    • Goldman Sachs
      • announced a slew of initiatives to support small businesses impacted by COVID-19, including a Small Business Stimulus Package allocating $250 million in emergency loans and $25 million in grants. The company has committed a total of $300 million.
    • Google
      • Google pledges to donate $800 million for COVID-19 relief includes efforts to help small and medium-sized businesses gain access to capital.
    • Honeycomb Credit
      • Honeycomb Credit, an investment crowdfunding platform, announced a small business relief loan program that is providing $10,000 to $50,000 in working capital to qualifying businesses.
    • James Beard Foundation
    • JP Morgan
      • Pledged $50 million to help struggling customers, and $8 million in aidto small businesses, specifically.
    • Kabbage
      • Launched an online hub to help boost sales for U.S small businesses impacted by COVID-19, including a system through which businesses can sell gift cards to consumers for use at a later date.
    • Kangaroo
      • Wants to support business owners who are unable to be physically present at their offices: The security startup is offering free (for three months) security camera and monitoring kits.
    • Kiva
      • Urging small businesses to apply for 0% interest loans for up to $15,000. The company is also offering a longer grace period: New borrowers can access a grace period of up to six months.
    • Loom
    • MainVest
      • A crowdfunding platform, announced its new Main Street Initiative: A $2,000, zero-interest, 120 day loan for restaurants or other brick and mortars affected by the shutdown, in addition to its normal fundraising offerings.
    • Mark Cuban Cos.
    • Opportunity Fund
      • Specializes in money lending to small businesses owned by women, immigrants and people of color, is collaborating with investors and nonprofits to put together a coronavirus relief fund that will provide grants and low-interest rate loans to business owners in need.
    • Revel Systems
      • Revel Systems, a cloud-based point of sale company, created a $1 million Revel Relief Program that will be allocated to small business customers experiencing coronavirus-related issues.
    • Ring
      • Announced its Neighbor Pledge initiative, which encourages individuals and groups to create pledge groups to support local businesses.
    • RXR Realty
      • RXR Realty launched a volunteer platform to help small businesses navigate coronavirus relief and recovery. It also created a $1.2 million fund to support organizations and New Rochelle residents impacted by COVID-19.
    • Seated
      • launched a hotline for restaurant owners to get advice from finance and law experts in the hospitality industry.
    • SheaMoisture
    • Spanx by Sara Blakely Foundation
      • donated $5 million to support women-owned businesses affected by COVID-19 and has teamed up with GlobalGiving to establish The Red Backpack Fund, which will provide 1,000 grants of $5,000 to female entrepreneurs throughout the U.S.
    • The National Restaurant Association Educational Foundation
    • The Restaurant Workers' Community Foundation
    • U.S. Chamber of Commerce Foundation
      • U.S. Chamber of Commerce Foundation, in partnership with Vistaprint, announced its Save Small Business Fund that will provide $5,000 grants to small businesses in the U.S. and its territories.
    • Visa
    • Wefunder
      • An investment crowdfunding platform, launched a Coronavirus Crisis Loans Program enabling small businesses to crowdfund loans of $20,000 to $1 million from supporters.
    • Yelp
      • CEO Jeremy Stoppelman announced the company is providing $25 million in coronavirus relief for independent restaurant and nightlife businesses in the form of waived advertising fees, and free advertising, products and services.
  • The Main Street Emergency Grant Program

    The Main Street Emergency Grant Program, proposed by U.S. Senators Chris Murphy (D-Conn.), Jeff Merkley (D-Ore.) and Chris Van Hollen (D-Md.), would allow small businesses to apply and receive grants quickly through the Treasury Department.


The information contained in this website are provided for informational purposes only. It should not be construed as business, legal, accounting, tax, financial, investment or other advice on any matter and should not be relied upon for such.

The information in this document may not reflect the most current developments as the subject matter is extremely fluid and may change daily. The content and interpretation of the issues addressed herein is subject to revision. Extensis Group, LLC and its subsidiaries and affiliates disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this document to the fullest extent permitted by law. Do not act or refrain from acting upon the information contained in this document without seeking professional or other advice.

  • The American Rescue Plan Act

    White House American Rescue Plan Act Site 

    American Rescue Plan Act - Tax Components

    How the New COVID-19 Relief Package Impacts Employers

    This bill provides additional relief to address the continued impact of COVID-19 (i.e., coronavirus disease 2019) on the economy, public health, state and local governments, individuals, and businesses.

    Specifically, the bill provides funding for

    • agriculture and nutrition programs, including the Supplemental Nutrition Assistance Program (SNAP, formerly known as the food stamp program);
    • schools and institutions of higher education;
    • child care and programs for older Americans and their families;
    • COVID-19 vaccinations, testing, treatment, and prevention;
    • mental health and substance-use disorder services;
    • emergency rental assistance, homeowner assistance, and other housing programs;
    • payments to state, local, tribal, and territorial governments for economic relief;
    • multiemployer pension plans;
    • small business assistance, including specific programs for restaurants and live venues;
    • programs for health care workers, transportation workers, federal employees, veterans, and other targeted populations;
    • international and humanitarian responses;
    • tribal government services;
    • scientific research and development;
    • state, territorial, and tribal capital projects that enable work, education, and health monitoring in response to COVID-19; and
    • health care providers in rural areas.

    The bill also includes provisions that

    • extend unemployment benefits and related services;
    • make up to $10,200 of 2020 unemployment compensation tax-free;
    • make student loan forgiveness tax-free through 2025;
    • provide a maximum recovery rebate of $1,400 per eligible individual;
    • expand and otherwise modify certain tax credits, including the child tax credit and the earned income tax credit;
    • provide premium assistance for certain health insurance coverage; and
    • require coverage, without cost-sharing, of COVID-19 vaccines and treatment under Medicaid and the Children's Health Insurance Program (CHIP).
  • Key Tax Relief in the CARES Act
  • Short-Term Loan Modifications

    Most banks are supporting their impacted business customers with loan modification including requiring interest only payments, loan forbearance and other programs. You should contact your bank relationship manager. Here are a few examples.

    Five federal banking agencies and a trade group for state banking regulators issued guidance Sunday (3/22/20) encouraging banks to make loan modifications for borrowers affected by the coronavirus.

    The joint statement by the Federal Reserve, Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, Consumer Financial Protection Bureau, National Credit Union Administration and Conference of State Bank Supervisors said banks will not be required to categorize those modifications as troubled debt restructurings.

    The agencies said short-term loan modifications can include payment deferrals, fee waivers, extensions of repayment terms and other insignificant payment delays. Click here for more details.

    Please also see this informative article on five strategies to keep in mind for managing your lending/banking relationship through these challenging times.

  • Federal, State and Local Tax Relief Chart provided by the AICPA

    Click here to download. This document is being updated by the AICPA regularly so check this link often.

  • Federal Tax Day now July 15

    Treasury, IRS extend filing deadline and federal tax payments regardless of amount owed. Some states and cities are expected to follow with similar changes. Click here for the IRS announcement.

  • Ways to Keep the Lights On and the Phones Working

    Some utility providers are offering to stop cutting people off for nonpayment.

    A number of large internet companies have agreed not to terminate residential or small business customers who can't pay their bills: AT&T, Comcast, Cox, RCN, Sprint, T-Mobile and Verizon. A full list of companies is available on the Federal Communications Commission site.

    It is not yet clear whether companies want customers to call to invoke this relief and provide proof or whether they will offer it automatically to everyone. People who need help should call and ask.

    A number of water service providers have either suspended shut-offs for nonpayment or don't shut service off for late payments generally, according to a ProPublica roundup. They include Atlanta; Birmingham, Ala.; Long Beach, Calif.; Los Angeles; Newark; New York City and St. Louis.

    In Washington state, the main Seattle area utilities are suspending cutoffs as well. In addition, the provider of electric and water service in Seattle is allowing people to self-certify their recent income reductions in order to qualify for at least half off their bills.

    In California, Pacific Gas and Electric has, until further notice, stopped shutting off its services to consumers and businesses who have not paid. In New York, Con Edison also has temporarily suspended any electric and gas service shut-offs.

    Other utility organizations that are participating in COVID-19 relief programs include:

  • More Partners Making COVID-19 Accommodations

    Major Phone Carriers

    AT&T, Verizon, Sprint, and T-Mobile are making accommodations for their business partners as well.

    Credit Card Issuers

    Assistance programs being developed among COVID-19 uncertainty. Click here for details on participating institutions.

    Business Insurance

    Many business insurers are providing their customers with up to a 90 days payment grace period. This assistance varies by state and insurer so you should check with your agent or insurer for their specific policy.
    Grace Period Summary By State

    Work From Home Software

    Several companies are offering their collaboration software free of charge, including Microsoft, Zoom, Google, and many more.

  • Office, Retail, and Industrial Leases

    It is safe to say that landlords and tenants will be viewing certain routine boilerplate language in leases differently in the future. Right now though, the COVID-19 pandemic's impact on businesses and business operations is raising uncertainty under commercial leases about issues best addressed with proactive assessment from tenants and landlords regarding their lease obligations: Click here for more details.

  • Banks

    Many banks are committed to providing maximum support to their business customers during the public health crisis including increased credit lines and expedited loans. Please contact your bank relationship manager.


The information contained in this website are provided for informational purposes only. It should not be construed as business, legal, accounting, tax, financial, investment or other advice on any matter and should not be relied upon for such.

The information in this document may not reflect the most current developments as the subject matter is extremely fluid and may change daily. The content and interpretation of the issues addressed herein is subject to revision. Extensis Group, LLC and its subsidiaries and affiliates disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this document to the fullest extent permitted by law. Do not act or refrain from acting upon the information contained in this document without seeking professional or other advice.


The information contained in this website are provided for informational purposes only. It should not be construed as business, legal, accounting, tax, financial, investment or other advice on any matter and should not be relied upon for such.

The information in this document may not reflect the most current developments as the subject matter is extremely fluid and may change daily. The content and interpretation of the issues addressed herein is subject to revision. Extensis Group, LLC and its subsidiaries and affiliates disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this document to the fullest extent permitted by law. Do not act or refrain from acting upon the information contained in this document without seeking professional or other advice.

  • Up-to-date Information on 50-State Laws, Rules and Regulations Impacted by COVID-19

    The employment law firm of Jackson Lewis has aggregated various laws, rules, and regulations in the below 50-state surveys. To ensure you have access to the most up-to-date information, each of the surveys is being updated regularly.

  • Business Interruption Insurance Coverage

    As the coronavirus crisis spreads and its impacts widen, it is important for businesses to contact their insurance agent or broker to fully understand the property and business interruption insurance coverage they have - or potentially have. While most insurers believe their standard insurance policies will not cover Coronavirus related business interruption claims they also expect their policy language and coverage position to be court tested. So, keep proper records of loss, promptly notify your insurers and be prepared to pursue coverage.

  • Leadership Action Plans
  • Important Information
  • New Jersey WARN Act now excludes mass layoffs caused by national emergency and delays effective date of 2019 amendments

    On April 14, 2020, Gov. Phil Murphy signed S-2353/A-3938, a bill that substantially changes the New Jersey Worker Adjustment and Retraining Notification Act. Until yesterday, the law handled “plant closures” and “mass layoffs” differently: Plant closures caused by “national emergencies” were excluded from coverage by the Act, while mass layoffs were not. The new amendment applies the same national emergency exception to mass layoffs. So, as of yesterday, a mass layoff occurring because of the COVID-19 national emergency is no longer a triggering event under the New Jersey WARN Act.
    Yesterday’s amendment also effectively delays the implementation of sweeping changes to the New Jersey WARN Act that were passed at the end of 2019 and scheduled to take effect on July 19, 2020. Those changes, which greatly expanded WARN Act coverage and added a new severance provision, will not become effective until 90 days after Gov. Murphy lifts the current stay-at-home order.

  • About ExtensisHR

    Founded in 1997, ExtensisHR is one of the largest and fastest growing Professional Employer Organizations (PEOs) in the Northeast. Today, ExtensisHR manages over $2 billion in employment-related costs annually.

    Small and medium-sized businesses recognize that the ExtensisHR promise to simplify HR delivers an even greater value-time to focus on growing their company. Our comprehensive portfolio includes personalized services for:

    And at ExtensisHR, we understand our services are crucial to our client's business operations, which is why we have implemented our Extensis Business Continuity plan managed by our deeply experienced leadership team, with support from our expert healthcare network, to keep our operations running smoothly and provide you with the same dedicated, reliable service you've come to expect from ExtensisHR.

    The health and wellness of our team, partners, clients and their employees is of greatest importance to us. We have been monitoring COVID-19 developments closely and as the situation continues to evolve, we remain focused on maintaining business operations while keeping everyone safe and healthy.


    What is Extensis doing in response to COVID-19?

    ExtensisHR is closely monitoring the evolving COVID-19 situation through the U.S. Centers for Disease Control and Prevention, the World Health Organization (WHO) as well as from our deep network of healthcare experts and professionals.

    We have implemented our Extensis Business Continuity Plan to ensure no disruption in service to our clients while protecting our team, partners and community. Our plan includes:

    • Moving 95% of our workforce to full time remote
    • Distributing the most up-to-date and timely information and best practices to prevent the spread of any illness to our teams, our partners, clients and their employees
    • Enacting protocols for social distancing
    • Increased disinfecting procedures for our offices
    • Eliminating all in-person meetings to promote safety for the community

    What are the parameters of the Extensis Business Continuity Plan?

    Understanding and planning for risk is at ExtensisHR' core. We have stayed one step ahead of government mandates by swiftly enacting protocols for social distancing, increased cleaning and disinfecting procedures across our offices, and eliminating all in-person gatherings and meetings to promote the safety of our community.

    We remain ahead of the health and safety changes due to:

    • Well established internal communication procedures
    • Employee awareness and education
    • Social distancing protocols
    • Travel monitoring, guidelines and advisories
    • Office preparedness and cleaning standards
    • A comprehensive client and broker communications strategy
    • Established infectious disease guidelines and protocols

    What is Extensis doing to support clients during this time?

    As part of our business continuity plan, we have activated a robust client communication program in which we are focused on:

    • Providing the latest, most up-to-date information on the progress of COVID-19
    • Possible action steps and context of new laws, regulations and programs
    • Helping clients navigate the ongoing complexity of an ever-changing environment

    Have questions? We are open for business and we're here for you. Please contact your ExtensisHR representative today, visit us at www.extensishr.com or call us at 888.473.6398.


The information contained in this website are provided for informational purposes only. It should not be construed as business, legal, accounting, tax, financial, investment or other advice on any matter and should not be relied upon for such.

The information in this document may not reflect the most current developments as the subject matter is extremely fluid and may change daily. The content and interpretation of the issues addressed herein is subject to revision. Extensis Group, LLC and its subsidiaries and affiliates disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this document to the fullest extent permitted by law. Do not act or refrain from acting upon the information contained in this document without seeking professional or other advice.

States are encouraging employers to enroll in Shared Work Programs as an alternative to layoffs. The voluntary Shared Work Program was developed to help employers and employees withstand a slowdown in business such as the impact of COVID-19.

Shared Work allows employers to supplement their employees' wages lost because of reduced work hours with partial unemployment benefits. Under the program employers can reduce normal weekly work hours for employees in an affected unit. Shared Work unemployment benefits are payable to employees who qualify for and participate in an approved Shared Work Plan. Workers may choose not to participate. Employees who qualify will receive both wages and Shared Work unemployment benefits. The employer generally can use the Shared Work Plan only for employees whose hours have been reduced. Shared Work benefits can be paid only for wages lost because of a reduction in the employee's regular hours. Regular hours typically may not exceed 40 hours. An employee who normally works overtime may typically not receive shared work benefits for a reduction in their overtime hours.


The information contained in this website are provided for informational purposes only. It should not be construed as business, legal, accounting, tax, financial, investment or other advice on any matter and should not be relied upon for such.

The information in this document may not reflect the most current developments as the subject matter is extremely fluid and may change daily. The content and interpretation of the issues addressed herein is subject to revision. Extensis Group, LLC and its subsidiaries and affiliates disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this document to the fullest extent permitted by law. Do not act or refrain from acting upon the information contained in this document without seeking professional or other advice.