This article lists tools, web resources as well as other additional valuable resources. This list will be updated with new information as it becomes available – UPDATED May, 15th 2020
We are pleased to offer you a news release from one of GLSA’s valued sponsors, LegalShield announcing their Coronavirus Small Business Resource Center. You can click below for more information.
GLSA appreciates the support of LegalShield and thanks them for this excellent contribution to the weekly Member Resource entry!
Comprehensive Listing of States’ Reopening Plans
An excellent resource on the reopening plans of all the states has been issued by the National Governors’ Association. Click on the following: https://www.nga.org/coronavirus/#reopen
United States House of Representatives
Proposal legislation was introduced by members of the United States House of Representatives. A copy of the bill can be seen by clicking here.
Small Business Administration PPP Program-Loan Forgiveness
On May 13, 2020, the U.S. Small Business Administration (“SBA”), in consultation with the Department of the Treasury, issued additional guidance for borrowers and lenders, in the form of Frequently Asked Questions (“FAQs”), concerning the implementation of the Paycheck Protection Program (“PPP”), established by section 1102 of the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act” or the “Act”). In particular, FAQ #46, which may impact your organization.
The CARES Act
The CARES Act provides fast and direct economic assistance for American workers and families, small businesses, and preserves jobs for American industries.
Law360 Bulletin of court closures
As courts across the country take measures to prevent the spread of the coronavirus, some are restricting access and altering their procedures. Here is a roundup of changes:
United States Department of Treasury Information
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. More information here:
U.S. Senate Committee On Small Business And Entrepreneurship
The Small Business Owner’s Guide to the CARES Act issued by the U.S. Senate Committee on Small Business and Entrepreneurship is offered on the following link:
States’ executive orders
The following is a link to a website which houses all the states’ executive orders:
Paycheck Protection Program
The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small business to pay their employees during the COVID-19 crisis. Please note: applications will be accepted as of April 3, 2020.
The following link explains the program: