How do we apply for small business help during this shutdown?
Questions are submitted by our Workest readers. Sign up to ask an HR question of your own, and to contribute to the conversation
The Small Business Administration (SBA) has announced it will make low-interest loans available to impacted businesses. In order to qualify, the governor of the state where your business is located needs to request that the SBA declare the region of your business as impacted by the coronavirus outbreak. More on this here: https://www.zenefits.com/workest/how-do-i-apply-for-the-coronavirus-small-business-loan/
I don’t know where your business is located, but I would monitor your county website and state websites for announcements on that part of the process happening. The governor of Maine kicked off that part of the process for her state yesterday.
In all likelihood, once your region is approved, you would be able to apply here: https://www.sba.gov/funding-programs/disaster-assistance
I know this might seem like too little, but a lot of business owners I have spoken with have started offering services for a future date with promotional discount if bought now. The idea being to capture some revenue now as we wait out these shutdowns.
Wishing you and your team the best.
What do you think? Join The Conversation
Please login or Register to submit your answer
Recent People Operations Questions
-
What are some strategies to manage employees who work virtually?
Dec 05, 2022
1 answers
-
What are some workforce trends I should be aware of as I plan for 2023?
Oct 21, 2022
1 answers
-
How do people fit into the idea of ’emorational’ decisions?
Oct 21, 2022
1 answers
-
What should I be thinking about if I’m looking to expand my workforce globally?
Oct 21, 2022
1 answers
Most read stories
An employee handbook can be crucial in building a positive workplace culture and employee loyalty, but they’re not easy to write. That’s why we’re breaking down the process for you and offering you 7 employee handbook examples.
Where do I mail my tax returns? That depends on your location. Here is our guide to each IRS mailing address, based on your state.
When designing a paid time off policy or managing PTO requests, take this List of Federal Holidays into account
It may be tempting to deny vacation time to employees who give their 2-week notice to avoid being in a bind, but is it legal?
This website provides general information related to Zenefits services and related laws and best practices. This content and Zenefits employees do not provide legal advice. While we strive to provide useful general information applicable to the majority of our readers, we do not - and cannot - provide legal advice specific to your company and your situation. Already a Zenefits customer? Enjoy on-demand HR Advisory Services for all your HR and compliance questions. If not, learn more here.
