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COVID-19

 

SCEDC Recommended actions to all Sheboygan County small businesses (4/3/2020) to take advantage of CARES Act

 

SCEDC Letter to all Sheboygan County firms (4/1/2020) on best available resources 

 

Financing & Technical Assistance

$2 Trillion Federal CARES Act - Summary of Business Provisions
For: knowledge on what is coming to the aid of business
Main Small Business Programs:

  1. Paycheck Protection Program (PPP) Forgivable Loans | Interim final rule
         Guide to help calculate payroll | Program detail memo
  2. SBA Loan Debt Relief Program (consult your lender)
  3. Economic Injury Disaster Loans and $10,000 Emergency Economic Injury Grants
  4. Counseling & Training 
  5. Employee Retention Federal Tax Credit (consult your CPA)

 More Info: Guide to the CARES Act (including non-business stimulus)

 

11 Practical considerations and action items during COVID-19 (WMEP special newsletter)
For: management advice

 

Financial Advice for Small Businesses During the Coronavirus Outbreak 
For: general ideas

 

SBA Disaster Loan Assistance
For: fixed rate, working capital loans for firms with under 500 employees (summary page)
More Info: presentation with program details & application instructions 

 

WEDC Small Business 20/20 Grant program
For: current loan clients of state Community Development Financial Institutions (CDFIs) 

 

The WWBIC COVID-19 Fast Track Loan Program
For: small business loans under $15,000

 

Hmong Wisconsin Chamber of Commerce (HWCC) Emergency Loan Fund (COVID-19)
For: business two years old and is a minority-owned business or in a low to moderate-income tract

 

Workforce (Avoid Layoffs & Rapid Hiring)

Unemployment Changes related to CARES Act
For: understanding changes to unemployment benefits

 

Work-Share Program | Wisconsin Department of Workforce Development (DWD)
For: for employers to avoid layoffs in temporary slowdown 
View: Employer Unemployment Resources (DWD)

 

Job Opening Promotion | Sheboygan County EDC & Our Partners
For: firms needing to rapidly hire. 
Resources: navigating existing hiring systems, Someplace Better social media marketing, custom resume intake and more...
View: SomeplaceBetter.org COVID-19 page

 

Other Great Resources

Topics: interim guidance for employers, disinfection recommendations

 

Topics: small business strategies, funding and technical resources
Topics: financing and technical resources

 

Topics: general guidance and financial assistance

 

Topics: workplace recommendations, response planning, recovery planning & more...

 
Wisconsin Procurement Institute
Topics: contracting to produce/supply supplies in need related to COVID-19

 

Topics: telecommunication policies, disease control policies & more...