- The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. The U.S. Small Business Administration will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.
U.S. SMALL BUSINESS ADMINISTRATION LOANS
- The Economic Injury Disaster Loan (EIDL) and EIDL Advance Program offers qualified entities working capital loans to help overcome the temporary loss of revenue. The U.S. Small Business Administration is currently accepting new Economic Injury Disaster Loan (EIDL) applications from all qualified small businesses, including agricultural businesses, and private nonprofit organizations.
- The Federal Reserve has announced that it is establishing a Main Street Lending Program to support lending to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic.
OCCUPATIONAL SAFETY AND HEALTH ADMINISTRATION (OSHA)
- Not all businesses are the same, and some workers may face different levels of risk within the same business. OSHA maintains detailed guidance in its publication, Guidelines on Preparing Workplaces for COVID-19.
CENTERS FOR DISEASE CONTROL AND PREVENTION (CDC)
- The CDC has a dedicated page for businesses on COVID-19-related information.