These are unprecedented times for businesses around our nation. Massachusetts and the northeast have been hit especially hard, with high numbers of coronavirus cases across New England and the New York tri-state area. In response to this there are many programs and organizations that have been accessing training, financial support, and business expertise to small and medium-sized companies to keep them afloat during this time.
Small Business Association Disaster Loans
Massachusetts businesses are eligible to apply for SBA low-interest federal disaster loans for working capital to small businesses impacted by the Coronavirus. Click here to learn more and apply for SBA’s disaster loan. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email email@example.com for more information on SBA disaster assistance. Call early, waiting times can be upwards of one hour at peak times.
Mass.Gov Support Programs
The Baker-Polito Administration committed to partnering with the business community to navigate the outbreak of COVID-19. On May 18, 2020, Governor Baker released Reopening Massachusetts, the Reopening Advisory Board’s report, which details a four-phased strategy to responsibly reopen businesses and activities while continuing to fight the deadly coronavirus.
To access the Reopening plan click this link and find out not only when your type of business will be able to reopen but specific steps and safety measures to help you do so safely.
For more resources including the Centers For Disease Control guide for employers and The U.S. The Department of Health and Human Services plans to help businesses get back to work check out this detailed list compiled by the University of Massachusetts.
- Associated Industries of Massachusetts (AIM) has a COVID-19 resource page for employers.
- Centers for Disease Control and Prevention (CDC) has information on guidance for businesses and employers.
- Coronavirus.gov is a collaboration of the White House, CDC and the U.S. Department of Health and Human Services.
- FEMA.gov – The Federal Emergency Management Agency (FEMA) website has COVID-19 information, including how to help and rumor control.
- IRS.gov – includes a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus.
- Associated Industries of Massachusetts – Learn about the new free Return to the Workplace Guide For Massachusetts Employers.
- U.S. Department of Treasury – The CARES Act Works for All Americans – contains the newest guidance to help you understand the rules of the Paycheck Protection Program