As businesses confront new issues brought about by coronavirus, we are working to bring you the resources that will help you navigate the shifting landscape. Here are links to agencies and information that may answer some of your operational questions.
Small business loans
The U.S. Small Business Association announced on March 12 that it will be offering low-interest federal disaster loans for working capital for small businesses. Connecticut has been declared a disaster, with the incident period beginning January 31, 2020 and continuing. Look for up-to-date Information about the program and apply online at disasterloan.sba.gov/ela call the SBA at 1-800-659-2955.
Small businesses with questions about this SBA loan program or other assistance provided at the state-level can call 860-500-2333 to speak directly with a Department of Economic and Community Development (DECD) representative. The Small Business Development Center (SBDC) and their partners the Women’s Business Development Center and SCORE can assist with filling out the application. The CT SBDC provided a presentation that gives an overview and answers some questions your organization may have.
The Three-Step Process: Disaster Loans
The Three-Step Process: Disaster Loans (en Espanol)
Unemployment Insurance
The CT Department of Labor provides information about resources to help workers and employers. The FAQ answers many questions under the current guidelines. Visit ctdol.state.ct.us for information about handling shutdowns related to coronavirus, employees sent home for illness, and unemployment liability questions.
Family and Medical Leave/ Fair Labor Standards Act
Resources gathered by CBIA include guidance on the Family and Medical Leave and Fair Labor Standards Act as related to coronavirus. CBIA also has an employer’s guide available on the site.
Workplace safety
Resources about workplace safety and regulation are available at the U.S. Department of Labor website OSHA.gov.
Tax Filing
The CT Department of Revenue Services has extended the deadline filing certain annual tax returns. The impacted returns are listed in their news release.