Updated April 29, 2020
04/29/2020 OSHA’s Response to Workplace Safety and Coronavirus Exposure
As employers seek to protect their workers from exposure to Coronavirus, either while maintaining operations or in anticipation of resuming operations, what is expected of them by OSHA is one area of concern and uncertainty. OSHA has issued guidance to cover three of the main questions: how should employers protect their employees; do employers have to record cases of COVID-19 on their injury logs; and how will OSHA conduct enforcement related to Coronavirus? OSHA has coordinated its approach with guidance from the Centers for Disease Control (CDC) with respect to various protective measures.
04/21/20 – (posted by Supervisor Dianne Jacob) The Board of Supervisors just agreed to launch a $5 million loan program to ease small business losses related to coronavirus. It applies to businesses in our unincorporated area. So many businesses, including mom-and-pop shops, need help. The program will allow those with 50 employees or fewer to seek loans of up to $50,000 each. Read detail document here.
4/21/20 – We are receiving a morning report from INC. We scan the articles for those that may be of interest to our Julian Businesses. Today this article came out about the next round of PPP. Click on title below for article.
4/10/2020 Federation COVID-19 Call – 1pm This call talked a lot about the backlog of Emergency loans.
Robin attended this call and her notes are here
04/09/20 – Paycheck Protection Program (PPP) FAQ’s from the U.S. Department of Treasury
Earlier today(4/8), the U.S. Department of Treasury released an FAQ document to address common inquiries and requests for information pertaining to the Paycheck Protection Program (PPP).
In addition to the FAQ document, please review the following resources provided by the U.S. Department of Treasury below and visit their webpage for additional information.
- A top-line overview of the program can be found here.
- If you’re a lender, more information can be found here.
- If you’re a borrower, more information can be found here.
The application for borrowers can be found here.
04/08/20 The United States Department of Labor provided an Employee Rights Poster as it relates to COVID-19
Download it here
04/06 – COUNTY OF SAN DIEGO
The County has compiled a list of COVID-19-related resources. You can also sign up for email updates and find instructions on how to join the County’s weekly briefing that happens Wednesday at 9:30 a.m. Text COSD COVID19 to 468-311 to get text alert updates.
STATE OF CALIFORNIA
California Infrastructure and Economic Development Bank (IBank) has Financial Development Corporation (FDC) partners throughout California that can assist businesses.
California COVID-19 Hotline
Governor Newsom announced a new statewide hotline: 833-544-2374. In coordination with the non-profit local 2-1-1 systems, Californians now have a one-stop-shop to answer their questions and get assistance during this crisis. Call centers are staffed 24 hours a day by trained professionals, who are able to provide guidance for unmet needs.
4/6/20 IS-909: Community Preparedness: Implementing Simple Activities for Everyone
Course Overview: Community members are the key to our Nation’s preparedness and resilience.
4-3-2020 – Robin attended the conference call from the San Diego Tourism Authority – Click here for the important notes taken.
4/2/2020 Robin attended the Economic Development Advisory Webinar/ Conference and has prepared these notes for you
April 2nd Conference Call Notes (PDF)
Here are the documents distributed with the conference call referenced above
4/2/20 – Dianne Jacob Town Hall Notes
March 30, 2020 4:30 pm
RE: San Diego & Imperial SBDC – Covid-19 Update (Monday March 30)
Here is an update as promised on the federal programs. For those have employees and have asked about the Payroll Protection Plan (PPP) we finally have some information (see yellow highlight are below):
- The SBA EIDL application, which includes the $10,000 advance is now at https://covid19relief.sba.gov/#/ It is a much simpler process. The business will need:
- Gross Revenue 2/1/19-1/31/20
- Cost of Goods Sold 2/1/19-1/31/20
- Fix cost expenditures 2/1/19-1/31/20
- Bank Account information for deposit of $10,000
- All standard business information (address, date started, ownership, etc.)
- Here is a quick video of me showing what the different pages of the site look like (this is just for internal use, it includes a blooper)
- Here is the link to the sample pages for the EIDL
- I will be updating the email language for advisors later today, but wanted to get this off
- I will also be updating the recorded webinar later today
Paycheck Protection Plan (PPP) Loans
These loans will work under the SBA 7a program. They will applied for with banks and lenders. The primary purpose is for businesses to continue to pay their employees during this crisis even if they are getting paid sick leave. The amount loaned will be 2.5x a companies fully loaded (less retirement only) monthly payroll. The monthly payroll can include owner draw, 1099 contractors, and all W-2 employees pay. This includes payroll taxes and even group health benefits. Other expenses that can be paid with this loan include rent or mortgage payments. This loan may be forgivable.
- Can a company apply for both EIDL and PPP? Yes, but they cannot be used for the same purpose. For example, the EIDL may be used to pay fixed expenses and pay off vendors, then the PPP could be used for payroll. Also, a company could apply for EIDL then not take the loan if they receive approval on a PPP as well.
- When will the PPP be available? The soonest these will be available is Friday. The SBA is working with existing 7a lenders to be able to process these loans
- Until when are each programs available? The PPP is only available until June 30 and will also end earlier if all legislated funds are committed. The EIDL can be applied for through the end of 2020.
- What time period of payroll can PPP cover? Only the payroll between Feb 15 and June 30 and a maximum of 2.5 months of payroll.
- Will a company need to resubmit their EIDL with the new process? If they were successful and received confirmation, no, those loans are being processed now.
- What can we advise companies to do now who should apply for PPP? They should gather their payroll information and have those reports ready, and separate, along with their other financials. The exact process is unknown at this time, but that information will be essential
I will continue to provide you with all of the information I receive as soon as I receive it!
Stay safe and healthy!
Jeffrey Bernstein, Advisor East County EDC
3/27 conference call with US Chamber of Commerce
Most of the Details from this call can be found here in this document – it is text heavy – take some time to review.
There was much information on this call. The most important that I can share with you is the “loan forgiveness.” There is the ability to have portions of the loans forgiven, if used for payroll and/or business operating expenses during this time of crisis.
Here is some information from the US Chamber’s site
Three separate packages approved by Congress and signed by President Trump over the past weeks combined offer a variety of assistance to businesses. Here’s a breakdown of what’s in those packages and how your business can take advantage of these relief efforts. We will continue to update this story as we obtain more information.
Coronavirus Preparedness and Response Supplemental Appropriations Act
What is it?
Signed into law on March 6, The Coronavirus Preparedness and Response Supplemental Appropriations Act provides $8.3 billion in emergency funding for federal agencies to respond to the coronavirus outbreak, enabling the U.S. Small Business Administration to offer $7 billion in disaster assistance loans to small businesses impacted by COVID-19.
What does it mean for small business?
- The SBA is offering designated states and territories low-interest federal disaster loans to small businesses suffering substantial economic harm as a result of the coronavirus.
- These loans may be used by small businesses to pay fixed debts, payroll, accounts payable and additional bills that can’t be paid because of COVID-19’s impact. The interest rate is 3.75% for small businesses without other available means of credit. The interest rate for non-profits is 2.75%. Businesses with credit available elsewhere are not eligible.
- The SBA loans come with long-term repayments, up to a maximum of 30 years, in an effort to keep payments affordable. Loan terms are determined on a case-by-case basis, according to individual borrower’s ability to repay.
- The SBA has amended its disaster loan criteria to help borrowers still paying back SBA loans from previous disasters. By making this change, deferments through December 31, 2020, will be automatic. Hence, borrowers of home and business disaster loans do not have to contact SBA to request deferment.
Read our full story on SBA Disaster Assistance Loans.
Where can I learn more?
- SBA Coronavirus Small Business Loan Page
- Coronavirus (COVID-19): Small Business Guidance & Loan Resources
- SCORE is offering assistance in filling out SBA loan applications
- Small Business Development Centers are also offering assistance
For everything you need to know about applying for a small business loan, see the U.S. Chamber’s Small Business Loan Guide.
- FROM SDGE: We are also encouraging you to go to the recently launched sdge.com/coronavirus page for comprehensive information on COVID-19 and sdge.com/assistance for our customer assistance programs.
- 04/29 – NEW – A Backgrounder on Unemployment Insurance Under the CARES Act
- 04/27 – On-Demand Webinar: How to Maximize your PPP Loan Forgiveness
- SBA portal to help you navigate loans available – https://www.sba.gov/funding-programs/loans/coronavirus-relief-options
- Added 4/20/20 – To learn more about the Save Small Business Fund and to apply for a grant, visit http://savesmallbusiness.com/
- Added 4/9/20 – U.S. DEPARTMENT OF THE TREASURY Assistance for Small Businesses
- Added 4/6/20 – Have you lost your job? One-stop resource for the people of California impacted by job loss during the COVID-19 Pandemic
- Added 4/2/20
- US Chamber Business Resources – COVID-19
- CORONAVIRUS EMERGENCY LOANS Small Business Guide and Checklist
- State and Local Policy Tracker
- World Health Organization Website – COVID-19
- SanDiegoCounty.gov – Coronavirus Disease 2019
- SBA Disaster Relief Loan
- Resources and Materials – FAQs and Fact Sheets
- California Department of Health – California is issuing daily updates on COVID-19. See the most recent update on the CDPH News Release page.
- Food Facility Operators: DEH will continue to send updates as information is provided. Additionally, please visit the following link for information on COVID-19, which includes local updates, prevention, and resources: www.coronavirus-sd.com
- INFORMATION ON CORONAVIRUS FOR SAN DIEGO TOURISM AUTHORITY CUSTOMERS, CLIENTS AND MEMBERS
- SBA District Office
550 West C St. suite 550, San Diego, CA 92101
619-557-7250 or 619-557-5894
- 04/09 – New – Order of the Health Office and Emergency Regulations
- 04/08 – Employees Rights.
- 04/02 Benefits for Workers Impacted by COVID-19
- 04/01 The Small Business Owner’s Guide to the CARES Act – US Senate Committee on Small Business & Entrepreneurship
- 3/30 CORONAVIRUS EMERGENCY LOANS Small Business Guide and Checklist
- 3/25 – US Small Business Administration Fact Sheet – Economic Injury Disaster Loans
- 3/16 – Coronavirus_General_Disinfection_Guidance