• RESULTS FOR THE HUDSON VALLEY

  • 25,452,169
    Dollars Recovered for NY-18
  • 347
    Medals & Awards Returned to Vets
  • 798,975
    Constituent Cases Closed
  • 36
    Bills Signed Into Law

IMPORTANT: COVID-19 Information for Small Business Owners

SBA CARES ACT:

 

The Small Business Owner’s Guide to the CARES Act 

 

NEW: In April, the House passed an interim emergency funding package that will provide the emergency resources that are desperately needed to sustain the life and death fight to protect the lives and livelihoods of the American people.  Democrats flipped this emergency package from an insufficient Republican plan that left behind hospitals and health workers and did nothing to aid the survival of the most vulnerable small businesses on Main Street.  We have achieved a bill that follows the path set by the bipartisan CARES Act with real support:

We have strengthened the Paycheck Protection Program with $310 billion in additional funding, with $30 billion reserved for community-based lenders, small banks and credit unions, and $30 billion for medium-sized banks and credit unions. We are expanding small business support beyond PPP by securing $50 billion for SBA disaster lending, translating into more than $350 billion in loans and $10 billion in SBA disaster grants.  We have also secured strong protections to ensure that our nation’s farmers have access to this vital assistance.

On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)  allocating more than $375 billion to forgivable loans and grants to small businesses and non-profits so they can maintain their existing workforce and help pay other expenses during this crisis, like rent, a mortgage or utilities. The self-employed, independent contractors, and sole proprietors are eligible for assistance. 

New York, with its 2.2 million small businesses and tens-of-thousands of non-profits can expect to see billions of dollars once companies and organizations begin to apply for those funds. NYS small businesses that currently have over 19,000 existing SBA loans will also have relief from the burden of paying those loans with a new policy of the SBA instead paying the principal, interest, and fees for a 6-month period.

 

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NEED A LOAN?  Call the SBDC (Small Business Development Center) in Mid-Hudson (845-443-8058) or Westchester (845-356-6065) for assistance. 


 

 

Having trouble with the current SBA Economic Impact Disaster Loan Process?

Here’s the link to the new application page with instructions for uploading documents. IMPORTANT: You may have to clear your browser cache if you receive an error accessing this page. The page has links to all of the relevant forms, and they have also been attached to this message.
 
Some notes to help assist with the application:
 
Our office is advising businesses to fill out the PDF forms and reach out to the Small Business Development Center if they need assistance with compiling the financial information. 
 
In addition to the forms linked here, they will also need to submit the most recently filed tax returns for the business and all owners of the business or a justification if not available. Sole proprietors are required to complete the 5C loan application form. All other businesses should fill out the form 5 business loan application.

Notes on filling out the forms:

  • On all forms “Damaged Property” simply refers to your primary location for the operations of the business.

  • On Form 5, skip box 15, this only applies to property damage loans.

  • There is no specific location to input a requested loan amount. The loan amount is determined by the supporting documents and any other relevant financial information provided that substantiates the economic injury.

  • All owners with 20% or greater ownership in the business must be included in the application.

 


 


Employer not complying? You can complain

If an employer does not comply with laws around paid sick leave and work from home orders, employees can file a complaint with the department.

If you’re in one of the following situations at your workplace, you may want to consider filing a complaint with the Department of Labor:

You qualify for COVID-19 paid sick leave and your employer refuses to pay it

 

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You are being directed to work at a non-essential business

 

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Your employer has failed to pay your earned sick pay or paid time off

 

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Your employer has failed to pay your earned wages or pay for all of the hours you worked

 

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Your employer has threatened or fired you for reasons related to COVID-19

 

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Your employer is forcing you to work when you are sick

 

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You know about a business that is non-essential and is operating

 

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Essential businesses include healthcare and veterinary services, transportation and utility infrastructure, food manufacturing and grocery stores, trash and recycling collection, funeral parlors and cemeteries, law enforcement and news media. You can file a complaint here.

 


 

What does it mean to be an essential or non-essential business?

The New York State Department of Economic Development, known as Empire State Development, outlined the rules for being designated as an essential business. Businesses that are essential include:

  • Research and laboratory services
  • Hospitals
  • Walk-in-care health facilities
  • Veterinary and animal health services
  • Elder care
  • Medical wholesale and distribution
  • Home health care workers or aides
  • Doctor and dentist offices
  • Nursing homes, or residential health care facilities or congregate care facilities
  • Medical supplies and equipment providers

Infrastructure facilities such as utilities, public water and wastewater plants, telecommunications and data centers, airports, and transportation will also remain open.

Manufacturing facilities that produce food, chemicals, medical equipment & instruments, pharmaceuticals, safety and sanitary products, telecommunications microelectronics & semi-conductor, agriculture & farms, and paper products will remain open as well.

Businesses that are owned and operated by a single person are exempt for closure.

Essential Stores:

A number of retail operations are required to remain open to maintain a functioning society. Those include:

  • Grocery stores
  • Gas stations
  • Food & beverage stores
  • Pharmacies
  • Convenience stores
  • Farmer's markets
  • Hardware & building stores

Essential Industries:

The following list of industries and services will remain working:

  • Trash and recycling collection
  • Mail and shipping services
  • Laundromats/dry cleaning
  • Building cleaning and maintenance
  • Child care services
  • Auto repair
  • Warehouses
  • Funeral homes, crematoriums and cemeteries
  • Storage for essential businesses
  • Animal shelters or animal care or management

Banks, insurance, payroll, and insurance agencies will remain open. Homeless shelters and congregate care facilities, food banks, and human services providers whose function includes the direct care of patients. Construction companies will also stay in operation, as well as electricians and plumbers. News organizations are also deemed essential and will remain open.

Essential Safety Agencies:

Services and agencies that exist to maintain the safety, sanitation and essential operations of residences or other essential businesses have been deemed essential as well.

Examples of those include:

  • Law enforcement agencies
  • Fire prevention and response
  • Building code enforcement
  • Security
  • Emergency management and response
  • Custodians
  • General maintenance and automotive repair
  • Disinfection organizations
  • Doormen

Essential Support Businesses & Agencies:

Some agencies, businesses, and organizations exist to support government agency operations, and thus help to provide for the health, safety, and welfare of the public.

Businesses that provide logistics, technology support, child care programs and services, and government-owned or leased buildings will be deemed essential.