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SBA - Economic Injury Disaster Loan Update

SBA released a new Economic Injury (EIDL) processing platform yesterday which incorporates the ability to request an Economic Injury Disaster Loan Advance of up to $10,000.    The loan advance will provide economic relief to businesses that are currently experiencing temporary loss of revenue.   Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.www.sba.gov/disaster
SBA sent out the below message to everyone that had applied for an EIDL loan prior to the loan advance option becoming available through the Cares Act.     
We know you are facing challenging times in this current health crisis. The U.S. Small Business Administration is committed to help bring relief to small businesses and nonprofit organizations suffering because of the Coronavirus (COVID-19) pandemic.  On March 27, 2020, President Trump signed into law the CARES Act, which provided additional assistance for small business ow…

A List of Resources for Massachusetts Businesses from Sustainable Business Network of Massachusetts

Please find a list of resources for Massachusetts businesses in this email. We encourage you to read through this list of resources and share widely.
Check out our Open for Business - Local Business Directory to support local businesses around. Please consider supporting fishermen and seafood-related businesses that you come across in this directory as well as in this newsletter. Seafood sales have been deeply impacted following the COVID-19 crisis, and we must do everything we can to support our fishermen!
Be sure to fill out our survey if you would like us to promote your business via SBN newsletters and social media.

Small Business Association
The SBA’s Economic Injury Disaster Loan (EIDL) program and Express Bridge Loan Program are now activated statewide in Massachusetts. Small businesses are urged to submit applications right away because decisions are made on a first-come, first served basis and there is no cost to apply. 


MA Disaster and Emergency Relief Resources
Philanthropy Mas…

USDA Rural Development Launches COVID-19 Resource Webpage

USDA Rural Development has launched a COVID-19 resource page to keep our customers, partners, and stakeholders continuously updated on actions taken by the Agency to help rural residents, businesses, and communities impacted by the COVID-19 outbreak.

 Visit www.rd.usda.gov/coronavirus for information on Rural Development loan payment assistance, application deadline extensions, and more.

An Order for Local Boards of Health

"Local boards of health shall disclose to the official with the responsibility for administering the response to emergency calls in their jurisdiction (receiving entity) the addresses of person living in their jurisdiction who the local board of health has been informed have tested positive for COVID-19.  The disclosure of information shall be limited to the address, and shall not include any other identifying information, including name."

https://www.mass.gov/doc/order-of-the-commissioner-of-public-health-regarding-the-sharing-of-critical-information-with/download

COVID-19 Response and Relief Fund Non-profit Grant Program

he Worcester Together: COVID-19 Response & Relief Fund has been established by the Foundation, the United Way of Central Massachusetts, Greater Worcester Community Foundation, the City of Worcester and a coalition of generous donors to rapidly deploy flexible resources. The fund aims to support organizations in Worcester County that are working with communities disproportionately affected by the coronavirus pandemic. How the grant program works: Presently, the focus of this Fund is rapid response to support organizations on the front lines of the COVID-19 pandemic. Grants between $5,000 - $50,000 will be awarded to: * Provide resources for nonprofit organizations that are authentically connected and providing coronavirus related relief to Worcester County’s most vulnerable populations including seniors, children, residents without access to paid sick days, healthcare and gig economy workers, communities of color, immigrants and people with disabilities. * Provide operating …
Important information from the COVID-19 Response Command Center. This update is from yesterday, March 26, 2020. https://www.dropbox.com/s/wv1rpyntyn08y3a/COVID-19%20Response%20Command%20Center%20sitrep_03.26.20.pdf?dl=0
Business Impact Survey If you are a business owner, community leader, or municipal economic development committee in Southern Worcester County and are looking for help navigating the many State, Federal or Local resources that have been rolled out in response to the Covid-19 outbreak, please contact Kerrie Salwa, ksalwa@cmrpc.org for direction to these resources. If you are a current business owner: Please fill out the survey so we have a better idea of the needs of our region.
https://www.surveymonkey.com/r/DCBZRDM