Covid-19 Info

Scroll down to view info on COVID-19 issues and resources…

The ODA customer service info is: 1-800-659-2955 or, for the deaf and hard-of-hearing 1-800-877-8339, and disastercustomerservice@sba.gov

Please note – information on this page subject to change.

The Ohio Bar and Restaurant grants are still available as the time for applying has been extended to January 31, 2021. Scroll down for the article…

 

Also, scroll down for info on the Shuttered Venue Operators Grant.

 

Info for COVID-related webinars may also be listed on the Community Partners and the SBDC Network pages, listed on the Resources tab.

 

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Shuttered Venue Operators Grant

Here is a newly released FAQ on the Shuttered Venue Operators Grant that was included as part of the last round of stimulus. This fund was established to give grants to live entertainment venue operators, theaters or promoters. $2 billion of the total $15 billion is being set aside for venues with fewer than 50 employees.  In the SBDC realm, this program will be most applicable to movie theatres.

SBA SOS Program FAQ

 

Here’s the link to access the archived webinar video:

https://youtu.be/PdfQGb6z-gg.

 

For more info on this program, visit https://www.sba.gov/coronavirusrelief or email SVOGrant@sba.gov with your questions (please include topic in the subject line).

 

We have not yet received word when this program will officially launch.

Here is an in-depth synopsis of the program and eligibility requirements from an industry publication:

https://www.troutman.com/insights/sos-save-our-stages-covid-19-relief-for-shuttered-venue-operators-is-coming-soon.html

 

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Questions? Contact:
Jane Stewart 440-525-7733 stewartj1@ohio.edu

 

Click Here to Register

https://center-gateway.com/2/gateway/01700M/events/event_detail;event_id=59521 

 

 

 

 

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PPP Re-Opening January 11, 2021

click on the following hyperlink for the SBA press release from January 8, 2021:

https://www.sba.gov/about-sba/sba-newsroom/press-releases-media-advisories/ppp-reopens-jan-11 

 

What is a CFI/CDFI/CFDI?

Per the Economic Aid Act, a community financial Institution is one of four types of lenders:

  1. Community Financial Development Institution

  2. Minority Depository Institution

  3. Community Development Corporation

  4. Microlender Intermediary

 

Links to and info about CDFIs:

https://www.ohiocdfis.org/ 

CDFI Cert List 12-16-2020 Final

https://static1.squarespace.com/static/5dd2e6da9daf0600a3f8214b/t/5e96f98d43590d38022c2d49/1586952590851/OhioCDFI_Table_200415.pdf

 

 

As of Monday, Jan. 11, CFIs will be able to submit First Draw PPP loan applications and Second Draw PPP loan applications to the SBA starting Wednesday, Jan 13.

The SBA posted overviews of the First Draw and Second Draw PPP loans that include details on eligibility, forgiveness and more.

 

Form 2483 – Paycheck Protection Program Borrower Application Form

Form 2483-SD – PPP Second Draw Borrower Application Form.

 

For more information and updates, please visit SBA.gov/PaycheckProtection or Treasury.gov/CARES      

 

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SBDC Clients can Pre-Apply for PPP Now…

Betterfin Will Soon Be Securing PPP Funds For Existing SBDC Clients – those already working with SBDCs:

At this time, Betterfin is inviting SBDC clients only to pre-apply while the program is still being finalized, so they will be ready on day one when the SBA starts accepting applications. Please email us at assistance@betterfin.com or call us at 1-347-690-7884 to refer a client.
Click here for more information & FAQs about Betterfin and PPP.
 
Assistance Hotline: 1-347-690-7884
Assistance Email: assistance@betterfin.com
Please reach out to JB Braunlin at jb@betterfin.com with any questions you have about our process or our continued partnership with the SBDC.

 

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Hello,

We wanted to share some exciting news! The National Development Council’s (NDC) Grow America Fund (GAF) is taking applications for Paycheck Protection Program (PPP) First Draw and Second Draw Loans.
 
Please click the link to start our application process:

https://ndconline.org/ppp/

Thank You,
The NDC Small Business Lending Team
GAFinfo@ndconline.org

 

 

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On the January 2021 PPP Restart…

The following is an excerpt from an article by Rhonda Abrams: 

Eligibility:

  • Your income – gross receipts – must have declined by 25% or more in any quarter of 2020 compared to 2019. It appears that this loss will need to be measured by quarters, not just a three-month period. Gross receipts are likely to exclude funds from PPP loans or other loans or grants.
  • You must have been in business prior to Feb. 15, 2020.
  • You must have used, or will use, all of your previous PPP loan if you received one.
  • You must have fewer than 300 employees.
  • Qualified businesses can be corporations, LLCs, sole proprietors, self-employed, independent contractors.
  • No loan can be greater than $2 million.

How much can you get?

  • Most businesses: As in the first round of PPP, you can get up to your average monthly payroll in 2019 times 2.5. In other words, if your total 2019 monthly payroll cost averaged $10,000, you can apply for $25,000. Keep in mind that “payroll” expenses include all costs for W-2 employees (not independent contractors), including wages, commissions, bonuses, health insurance, retirement, state and local taxes.
  • Accommodation and food service businesses (hotels and restaurants): Recognizing how hard hit these industries have been, Congress upped the amount to 3.5 times average 2019 monthly payroll costs. In other words, if your restaurant’s 2019 monthly payroll averaged $10,000, you can now apply for $35,000.

Forgiveness:

You can get forgiveness for this PPP loan by spending at least 60% on payroll expenses (wages, salaries, retirement, group health insurance, etc.) and a maximum of 40% on other qualifying expenses during an eight or 24 week period. More expenses now qualify (see below).

 

  1. If you’ve already received PPP funds

New treatment of PPP expenses:

Expenses used for PPP forgiveness are now tax deductible. When Congress passed the CARES Act, lawmakers indicated that PPP funds should not be taxable. However, Treasury Secretary Steve Mnuchin decided businesses could not deduct expenses used to qualify forgiveness – thus making an equivalent amount to PPP funds taxable. This legislation reverses that decision.

Simplified form for forgiveness:

If your PPP loan was for $150,000 or less, there will be a new, simple, one-page form to apply for forgiveness. Your lender should provide you a link to a form soon in the new year.

More expenses qualify for forgiveness:

While you still need to use at least 60% of PPP funds on payroll expenses, qualifying non-payroll expenses are much broader, now including payment for software, cloud services, accounting and human resources, property damage due to civil unrest, personal protective equipment and COVID-19-prevention equipment and, importantly – supplier costs that were contracted or ordered for before you got the loan or costs of perishable goods ordered before or during the life of the loan.

 

  1. Grants for cultural, arts, live events, theaters

Recognizing that most venues offering in-person cultural activities have been shuttered throughout the pandemic, Congress allocated $15 billion in grants (not loans) for certain live events, movie theaters, museums and other cultural providers.

Eligibility:

Live venue operators or promoters, theatrical producers, live performing arts organization operators, museum operators, motion picture theater operators, or talent representatives who demonstrate at least at 25% reduction in revenues.

Smaller providers:

$2 billion (of the $15 billion) was set aside for those with 50 full-time employees or fewer, but that set-aside expires after 60 days. So small providers need to act fast!

Harder-hit providers:

In the initial 14-day period, grants will be awarded to eligible entities that have faced 90% or greater revenue loss. This may include large movie chains. In the 14-day period following the initial 14-day period, grants will be awarded to eligible entities that have faced 70% or greater revenue loss. After these two periods, grants shall be awarded to all other eligible entities.

Money to be used for:

Grants to be used for specified expenses such as payroll costs, rent, utilities and personal protective equipment.

Amount:

The amount of grant appears to be up to 45% of your 2019 revenue or 85% of 2019 operating expenses. A first grant can be up to $10 million, and a second grant could be up to 50% of the first grant. In other words, a large movie theater chain could get $15 million in grants.

 

  1. Grants, changes for Economic Injury Disaster Loan

When EIDL (Economic Injury Disaster Loan) grants were passed by Congress, they allowed for a $10,000 “Advance” to be treated as a grant, not a loan. The SBA unilaterally scaled back that grant to only be $1,000 for each employee, counteracting congressional intent. This addresses that issue.

  • Businesses in low-income communities that received an EIDL can get a grant equal to the difference of what they received and $10,000.
  • Eligible businesses in low-income communities that did not get EIDL/Advance grants because funds had run out can now get $10,000.

Also, if you previously received both an EIDL Advance grant and a PPP loan, you had to deduct the advance from your PPP forgiveness amount. You now no longer have to deduct that amount from forgiveness.

What you should do immediately

Act fast. What small businesses learned the last round of PPP funding was that if you snooze, you lose. You should be prepared to apply for everything the very first day it becomes available.

Figure out your income by quarters this year versus 2019. Many small businesses have lousy records, but you’re going to have to certify at least a 25% drop in gross revenues.

Contact potential lenders. Contact local banks, community lending institutions, credit unions. Ask whether they’re going to participate in the next round of PPP lending. Find a couple lending sources, even if you received a PPP loan before.

Try to connect with an individual lending officer. You’ll have a better chance of getting a PPP loan if you have a relationship with a person.

Set up business banking. If you don’t already have a business bank account, get one.

 

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Repeal of EIDL Advance Deduction

Effectively immediately, SBA will no longer deduct EIDL Advances from forgiveness payments remitted to PPP lenders. Procedural Notice 5000-20075 explains the process for reconciliation payments for previously-deducted EIDL Advance amounts.

Repeal of EIDL Advance Deduction

 

SBA Form Modifications

Procedural Notice 5000-20074 highlights the modifications to the 3506, 3507 and 750 CA forms to comply with the Economic Aid Act

SBA Form Modification

 

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SBA Disaster Loan Phishing Scam Alert!!!!

Multiple sources identified an SBA-themed phishing email that is addressed to, “Valued SBA Applicant” and signed by SBA’s Office of Disaster Assistance (ODA). The body of the email requests user to verify the account, “due to high fraudulent claims and identity theft cases used by hijackers recently in regard to loan applications.” The statement is false, and the links could lead to financial or personally identifiable information (PII) loss.

Any email communication from the SBA will come from email accounts ending in sba[.]gov. Loan applicants should:

  • Confirm the application number referenced in the email is consistent with their actual application number.

  • Do not click on any links or open any attachments unless you are sure of the recipient.

 

Applicants who receive email correspondence asking for PII are often targets of email phishing scams. For more information on email phishing scams where bad actors are taking advantage through “SBA Loan Applications” please visit this site:

https://www.sba.gov/blog/be-alert-about-email-phishing-scams-bad-actors-seeking-take-advantage-through-sba-loan-application

If you see this or similar activity, immediately report the activity to SPAM@sba.gov. NOTE: Contacting individual staff members for service/support may result in a delayed response.

Alert #: 20201161305

 

Report fraud, including mailed letters that may look suspicious!

Report any suspected fraud to OIG’s Hotline at 800-767-0385 or online at, https://www.sba.gov/about-sba/oversight-advocacy/office-inspector-general/office-inspector-general-hotline.

 

 

 

Home Page | Twitter | Instagram | Facebook | YouTube | LinkedIn | Email Alerts

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State of Ohio Small Business Relief Grant  

On Friday, October 23rd, Governor DeWine and the Ohio Development Services Agency announced two new COVID Relief grant programs for Ohio companies that will provide more than $162 million in grant support.  One program was focused on all small businesses with one to twenty-five employees.  The other is specifically for Bars and Restaurants for Division of Liquor Control permit holders. Go to www.BusinessHelp.Ohio.Gov site for all available details.

 

The Bar and Restaurant grants are still available as the time for applying has been extended to January 31, 2021.

Applications opened on November 2, 2020 and are still on a first come, first served basis.  

 

For the Bar and Restaurant Assistance Fund:

  • These are $2,500 grants for on-premise liquor permit holders. These can be received in addition to the small business relief grants described above.

  • All such permit holders will be eligible (and presumably have access to one of these grants)

  • Permit must have been active as of close-of-business on October 23, 2020

  • Businesses applying for the Bar and Restaurant Assistance Fund do not need to complete separate applications for multiple liquor permits, as long as those permits are held under the same EIN (they can add new liquor permit fields in the application).  If separate entities “own” the permits it will require separate applications to each unique EIN.

  • Funds need to be used on COVID-related expenses due to business interruptions caused by the pandemic.

  • More information on this program can be found at https://businesshelp.ohio.gov/pdf/10232020-bar-and-restaurant-assistance-fund.pdf

 

Program details and applications can be found here: www.businesshelp.ohio.gov

 

Also, please click on the below hyperlink for Frequently Asked Questions on the Bar/Restaurant grant:

FAQ_BR_Assistance_Fund

Q & A on Small Biz Relief Grant

 

 

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Tips and tricks for accessing the  application:

  • Shut down and reboot your computer

  • Try going in through Google Chrome

  • Clear your cache and refresh your browser

  • Keep trying.  On the first day folks had to keep trying, and the average “success” time was about three hours

 

Please address questions to smallbizrelief@development.ohio.gov 

 

Regarding application acceptance/rejection:

Once an application is submitted the next communication an applicant will receive is a notice of approval or rejection.  The review process will take up to several weeks.

Once an application is approved the client will receive an email noting the approval and the client will need to log back into the portal within seven days to accept the grant.

 

 

 

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Portage County
COVID-19
Small Business Emergency Relief GRANT Program

 

The Portage County COVID-19 Small Business Emergency Relief Grant Program (the “Program”) is a grant fund that the County received through section 5001 of the federal Coronavirus Aid, Relief and Economic Security Act (that “CARES Act”). The Program has been created by Portage County in order to assist small businesses throughout Portage County with the financial hardships imposed by the COVID-19 pandemic.

Qualifying businesses will be able to receive grant funds through the PC COVID-19 Small Business Emergency Relief Grant Program to assist those businesses with operating expenses incurred after March 1, 2020 and no later than December 30, 2020. Overall eligibility for the grant will be tied to businesses that can demonstrate a financial hardship due to COVID-19 in the time period as described above.

The 1st application period will open on Friday, October 16, 2020 at 9am and will close on Friday, November 6, at 4:00 p.m. 


For Program Guidelines, Application Access, Applicant Certification Form (must be
downloaded and signed with application) visit www.ndsohio.org

  
Submit Completed Applications to NDS no later than 4 pm Friday, November 6, 2020 to be considered for 1st Round funding.
-Via Email: Jen Davis at jdavis@ndsohio.org
-Via Online: https://survey.zohopublic.com/zs/cRRFj0
-Via Fax: 330-297-5303
-Via Mail: NDS, Inc., 120 E. Main St. Ravenna, OH 44266 ATTN Jen Davis
-Via Dropbox: NDS, Inc., 120 E. Main St. Ravenna, OH 44266 ATTN Jen Davis


For additional questions please contact Jen Davis at Phone: 330-671-0540
NDS may obtain additional information and documentation from any small business seeking assistance.

 

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October 14, 2020 

The city of Akron and the Western Reserve Community Fund (WRCF) are launching a program that aims to provide low-cost loans to small businesses in Akron.

The city and WRCF announced Wednesday, Oct. 14, that they are immediately accepting applications for loans of between $10,000 and $70,000. WRCF is a nonprofit managed by the Development Finance Authority of Summit County (DFA).

The city and WRCF said they will work in partnership with existing support programs, such as Akron’s Great Streets and Rubber City Match programs, as well as with the Akron Urban League and the Bounce Innovation Hub, to “provide low-cost small business loans to help stabilize Akron’s small businesses.”

“The COVID-19 pandemic has put a huge strain on individuals and businesses alike,” said Akron mayor Dan Horrigan in a news release. “To meet the evolving challenges and pivot to deliver goods and services as safely as possible in this current climate, small businesses need flexible capital. We are confident that this new loan fund will be able to provide just that.”

Beyond the current pandemic, the fund is intended to operate indefinitely, the city and WRCF said.

No dollar amount was specified for the size of the fund, dubbed the Akron Resiliency Fund, but funding will come from the city and hopefully additional sources, organizers said.

“The fund will be seeded with capital from the city’s Community Development Block Grant (CDBG) allocation from U.S. Housing and Urban Development and will ideally leverage capital from local philanthropic sources, accredited individual investors, regional banks and national investment partners,” the release stated.

Businesses with gross annual revenue of less than $3 million and fewer than 50 employees will be eligible to receive the loans, providing at least 25% of their employees are Akron residents.  Businesses in low- to-moderate income areas which includes all of Akron with the exception of Ellet and most of Northwest Akron, are eligible.  Nonprofits and certain businesses are not eligible.  

The city said applications will be reviewed on a first-come, first-serve basis, but that consideration will be given to businesses located in low- to moderate-income Census tracts.

Businesses can use the loans for things such as payroll, working capital, equipment and refinancing debt, the city said.

To learn more about the program or apply for a loan, please contact the Development Finance Authority at 330.762.4776.

Applications are also available online.

 

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Release date 10/30/2020

NEW PPP FORGIVENESS FACTSHEET FOR BORROWER AUDIENCE

 

A PPP factsheet for borrowers that provides a high-level overview of what they have to do as part of the PPP Forgiveness process has been developed for SBA field offices and SBA Resource Partners.

The basic premise is that the borrowers in all cases should work with their PPP lenders on forgiveness.

Here is the link to the document.

 https://www.sba.gov/sites/default/files/2020-10/PPP%20Forgiveness%20Factsheet-508_r1.pdf

The link is also on www.sba.gov/ppp

 

In Case You Missed It: Did you know that PPP Forgiveness information is available in 17 languages? You can find all 17 languages by visiting https://www.sba.gov/page/coronavirus-recovery-information-other-languages#section-header-0

 

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Release Date: June 17, 2020                           Contact: Press_Office@sba.gov, (202) 205-7036

Release Number: 20-48                       Follow us on TwitterFacebookBlogs & Instagram

SBA and Treasury Announce New EZ and Revised Full Forgiveness Applications for the Paycheck Protection Program

WASHINGTON—Today, the U.S. Small Business Administration, in consultation with the Department of the Treasury, posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020.  In addition to revising the full forgiveness application, SBA also published a new EZ version of the forgiveness application that applies to borrowers that:

  • Are self-employed and have no employees; OR
  • Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
  • Experienced reductions in business activity as a result of health directives related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25%.

The EZ application requires fewer calculations and less documentation for eligible borrowers.  Details regarding the applicability of these provisions are available in the instructions to the new EZ application form.

Both applications give borrowers the option of using the original 8-week covered period (if their loan was made before June 5, 2020) or an extended 24-week covered period.  These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan.

Click here to view the EZ Forgiveness Application.

Click here to view the Full Forgiveness Application.

 

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posted 10/9/2020

SBA & Treasury announce simpler PPP forgiveness applications

for loans less than $50,000

The goal of the new application is to streamline the PPP process and allow lenders to process forgiveness more quickly.  Click the corresponding links for details:

Application

Instructions

Forgiveness IFR

 

PPP FAQ Document Updated

The online FAQ has been updated to include the following:

Q52 – The Paycheck Protection Program Flexibility Act of 2020 (Flexibility Act) extended the deferral period for borrower payments of principal interest and fees on all PPP loans to the date that SBA remits the borrower’s loan forgiveness amount to the lender (or, if the borrower does not apply for loan forgiveness, 10 months after the end of the borrower’s loan forgiveness covered period). Previously, the deferral period could end after 6 months.  Are lenders and borrowers required to modify promissory notes used for PPP loans to reflect the extended deferral period?

A – The extension of the deferral period under the Flexibility Act automatically applies to all PPP loans.  Lenders are required to give immediate effect to the statutory extension and should notify borrowers of the change to the deferral period.  SBA does not require a formal modification to the promissory note.  A modification of a promissory note to reflect the required statutory deferral period under the Flexibility Act will have no effect on the SBA’s guarantee of a PPP loan.

Click below for the full FAQ for Lenders & Borrowers……

PPP FAQ

Forgiveness FAQ

For more information and updates, visit SBA.gov/PaycheckProtection or Treasury.gov/CARES

 

Forgiveness Platform Reminders

The SBA Office of Capital Access sent a letter via the PPP Forgiveness Platform Oct. 6 reminding lenders that to ensure successful payment processing they will need to:

  • Recheck institution settings within the PPP Forgiveness Platform (e.g. Distribution List for Email Notifications, Routing and Account Number and Interest Accrual Method Selection).
  • Perform a final check of submitted forgiveness decisions to ensure the Forgiveness Amount in the Platform matches records. As a reminder, the Platform does not accept or support corrections after payment remittance by SBA.
  • Confirm institution’s interest accrual method. Unless SBA is notified otherwise, the interest rate for Loan Forgiveness payments is simple interest at 1% using the “Bank Method” – 360/365. If your institution used the “Stated Method” (365/365) or compound interest, please make this selection within the platform under Institution settings. All questions can be directed to help@ussbaforgiveness.com

Additional information on the forgiveness process, including relevant Procedural Notices, IFRs, and other CARES Act and PPP resources, as well as instructions for authorizing accounts and submitting forgiveness decisions in the Platform can be found in the Lender User Guide and platform videos below.  

forgiveness.sba.gov

 

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PPP Loans and Changes of Ownership

Issued on Oct. 2, Procedural Notice 5000-20057 covers the required procedures for changes of ownership of an entity that has received Paycheck Protection Program funds (a “PPP borrower”).

E-signatures extended Procedural Notice 5000-20050

extends guidance on use of electronic signatures (previously covered in Procedural Notice 5000-20009 that expired Sept. 30) for the 7(a) and 504 programs through Nov. 30, 2020, due to the continued uncertainty of the COVID-19 pandemic. This Notice should be posted to the SBA documents site soon.

IRS: Forgiven PPP Loan Reporting Requirements

The IRS shared forgiven PPP loan reporting requirements in a recent announcement, indicating: When all or a portion of the stated principal amount of a covered loan is forgiven because the eligible recipient satisfies the forgiveness requirements under section 1106 of the CARES Act, an applicable entity is not required to, for federal income tax purposes only, and should not, file a Form 1099-C information return with the IRS or provide a payee statement to the eligible recipient under section 6050P of the Code as a result of the qualifying forgiveness. The filing of such information returns with the IRS could result in the issuance of underreported notices (IRS Letter CP2000) to eligible recipients, and the furnishing of such payee statements to eligible recipients could cause confusion. This announcement is intended to prevent any such confusion. 

 

 

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USPTO announces COVID-19 provisional patent application pilot program

The United States Patent and Trademark Office (USPTO) recently announced a collaborative deferred-fee provisional patent application pilot program for inventions that combat COVID-19.

 

Read full news brief 

 

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New information on an ECDI Recovery Loan

https://www.ecdi.org/invest/ecdi-recovery-loan

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Business Resiliency Guide: Keeping the Lights on

America’s SBDC, Grow with Google and the Washington SBDC Network teamed together to bring small businesses across the country a Small Business Resiliency Guide.

The materials cover;

  • Identify your critical resources

  • Plan to use alternative resources

  • Respond with your plan

  • Bring your business back to normal

PLUS

  • Discover Google tools that can help you work and manage your business during this time of uncertainty

  • Get insights on more online and timely resources for small businesses

Get the Resiliency Guide & Materials

Learn more about Grow with Google

 

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COVID-19 SCAMS!

If you receive calls, emails, or other communications claiming to be from the Treasury Department and offering COVID-19 related grants or stimulus payments in exchange for personal financial information, or an advance fee, tax, or charge of any kind, including the purchase of gift cards, please do not respond.  These are scams.  Please contact the FBI at www.ic3.gov so that the scammers can be tracked and stopped.

Also, please remember to check with the Better Business Bureau regarding businesses about whom you may have questions or other information you may need.  https://www.bbb.org/council/coronavirus

Businesses with less than 500 employees can get funds to provide employees with paid leave, either for the employee’s own health needs or to care for family members. More on this and other IRS info related to COVID-19 outbreak at: www.irs.gov/coronavirus

The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide their employees with paid sick leave and expanded family and medical leave for specified reasons related to COVID-19.  Please click on the following hyplerlink for the printable workplace poster.

DOL – FFCRA Poster Non-Federal 3-25-2020  

 

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Ohio Department of Job & Family Services regarding mass lay off instructions:

All Ohio employers planning a mass layoff or shutdown due to the coronavirus (COVID-19) pandemic should provide the following mass-layoff number – 2000180 – and the second link below to an instructional sheet to their employees to speed the processing of unemployment benefits.

COVID-19-affected claimants with otherwise valid applications for unemployment will be awarded benefits. While claimants must still meet the weekly requirements that they be able and available for work, the requirement that they actively search for work while receiving benefits has been waived.

COVID-19-affected contributory employers will receive regular monthly charge statements, but these charges will be charged to the mutual account and not the employer’s account.

Reimbursing employers will follow existing charging requirements under Ohio Revised Code Chapter 4141.

For more information, please see the press release at the following link:
Press Release: http://jfs.ohio.gov/RELEASES/pdf/031620-ODJFS-Provides-COVID-Number.stm

Instructional Sheet: https://www.odjfs.state.oh.us/forms/num/JFS00671

*Employers, please let affected employees know that unemployment benefits are taxed at the federal level (for planning purposes.)*

*To learn more about unemployment assistance, call 877-644-6562.*

 

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This image has an empty alt attribute; its file name is SBA-logo-for-use-by-SBA.jpgThe SBA’s mission is to empower small businesses with the resources and support that they need to start and grow their businesses, no matter what stage of the business they are at. This mission is no different during times of natural or economic hardship.
We stand behind Ohio’s 950,000 small businesses. Our top priority is to ensure that the state’s small businesses can continue providing needed products and services, driving the economic prosperity of our local communities. 
Our staff will continue to support small businesses with accessing federal resources and navigating their preparedness plans. I urge you to visit the resources listed below for more information and to follow us on Twitter for updates.

SBA Guidance & Assistance for Small Businesses
The Small Business Administration (SBA) has posted information regarding loan programs and guidance for businesses:
Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19)

CDC Guidance & Prevention Protocols for Businesses

The Centers for Disease Control & Prevention (CDC) has issued COVID-19 guidance for businesses and is updating them as new developments occur.
Please refer to the following links for the most up-to-date information about COVID-19:

  ·  Resources for Business & Employers

·     General Info & FAQs

·     Steps to Preventing Illness

·     Preventing COVID-19 Spread in Communities

 

COVID-19 Resources in Ohio

Inbox for legislative inquiries: questions@governor.ohio.govOhio

Department of Health Hotline: 1833-4-ASK-ODH

Ohio Department of Health Website: coronavirus.ohio.gov

  • The Ohio Department of Job and Family Services (ODJFS) has updated its website with links to a form that employers can provide to employees who have been laid off because of the COVID-19 pandemic to expedite their claim process. Also, this ODJFS web page is specifically for employers seeking answers to coronavirus-related Unemployment Insurance questions.

Assistance for Businesses

  • JobsOhio will offer a six-month deferral of payment of loans for the nearly 50 companies that have executed loan agreements with JobsOhio.

 

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The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide their employees with paid sick leave and expanded family and medical leave for specified reasons related to COVID-19.  Please click on the following hyplerlink for the printable workplace poster.

DOL – FFCRA Poster Non-Federal 3-25-2020  

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