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Business Resources / In the Time of the Virus

What You Will Find Here

This page lists resources you can access to help manage business issues raised by the COVID-19 epidemic in New York State.

 

As the conditions and circumstances change, this page will be updated.

 

Added April 20, 2020

Executive Order 202.19

 

The Executive Order suspends subdivision one of Section 860-b of the Labor Law through May 17 to the extent necessary to allow a business that receives federal Paycheck Protection Program funding and subsequently rehires employees, to provide the notice required under this section as soon as practicable but not necessarily within ninety days, provided that a business that receives federal Paycheck Protection Program funding provided the notice required under this section when it initially laid off employees.

 

Added April 5, 2020

 

Empire State Development’s Checklist for the Paycheck Protection Program

https://esd.ny.gov/sites/default/files/PPP%20Checklist.pdf

 

 

Paycheck Protection Program FAQ

https://esd.ny.gov/sites/default/files/PPP%20FAQs%20030320.pdf

 

 

 

ESD Subsidy Loan Program

https://esd.ny.gov/sba-subsidy-loan-program

 

 

ESD Economic Injury Disaster Loan (EIDL) Program

 

https://esd.ny.gov/sba-economic-injury-disaster-loan-eidl-program

 


 

Older Posts

 

ALTA Town Hall - March 30, 2020 (via YouTube)

https://youtu.be/4dgmtLE9fJs

 

 

US Small Business Administration Guidance & Loan Resources

This web site covers:

Paycheck Protection Program;  Economic Injury Disaster Loans and Loan Advance;  SBA Debt Relief;  SBA Express Bridge Loans;  Guidance for Businesses and Employers;  SBA Products and Resources;  Government Contracting;  Local Assistance

 

https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

 

NOTE - NYSLTA is exploring partnerships with regional lenders participating in the SBA Loan program.

 

 

US Chamber of Commerce Guide to COVID-19 Small Business Loans

https://www.uschamber.com/report/covid-19-emergency-loans-small-business-guide

 

 

US Chamber of Commerce Information for Workers and Business Owners

https://www.uschamber.com/coronavirus

 

 

Empire State Development FAQ for Businesses

Offer information to businesses regarding State regulations and general guidance related to COVID-19.

 

https://esd.ny.gov/novel-coronavirus-faq-businesses

 

 

Business Interruption FAQ from DFS

https://www.dfs.ny.gov/consumers/coronavirus/business_interruption_insurance_faqs

 

 

Forbes Magazine article: Tax Aspects of the CARES Act

https://www.forbes.com/sites/anthonynitti/2020/03/25/congress-reaches-agreement-on-a-coronavirus-relief-package-tax-aspects-of-the-cares-act/#1450e1df5f99

 

 

 

 

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