AWB Firm Legal Guide: COVID-19
COVID-19 Business Resources
AWB Firm COVID-19 Resources for your Business:
- AWB Firm COVID-19 Crisis Financial Relief: Step-by-Step Guide for Small Business Owners: Google Doc (updated 6/10/20)
- Guide to Customer, Vendor, and Other Contracts (event cancellations, refunds, and more)
- AWB Firm Employment Practices Guide - Including Families First Coronavirus Response Act: Google doc (updated 6/10/20)
- Course Creator Guide: What to do when a student doesn't pay
AWB Firm resources for starting a new business or taking your in-person services online:
- 10 Step Checklist to Grow Your Business Legally
- 3 Steps Every Course Creator Must Take To Protect Your Course Legally
Video Resources
April 8, 2020 Small Business Owners' questions and New SBA Guidance on PPP Loans
SBA just issued new guidance on the PPP loans yesterday (Tues. 4/7) - learn what you need to know in this video, as well as answers to small business owners' questions.
April 8, 2020 Documents you may need for loans for EIDL and PPP
April 1, 2020 Financial Relief for Small Business Owners
Step by step - how you can evaluate which financial relief option is best for your business. Plus Q&A about loans, unemployment, and more - I've been getting tons of questions!
Also, Q&A from Facebook Live attendees.
And the BEST resource I've found for questions about stimulus checks and unemployment benefits: NY Times Coronavirus Stimulus Package Questions & Answers
March 25, 2020 Business & IP Lawyer Autumn Witt Boyd
Topics covered:
- Insights for employers and business owners about paid leave in the Families First Coronavirus Response Act (FFCRA)
- What's coming in the new relief bill that's in progress right now
- SBA disaster loans - who should apply, how much can you borrow, how to fill out the application correctly, and more.
March 18, 2020 Business & IP Lawyer Autumn Witt Boyd + Employment Lawyer Michelle Coakley
Topics covered:
- What is force majeure?
- Will insurance cover this?
- How should I communicate with my clients?
- How should I communicate with contractors/vendors?
- How should I communicate with my team?
Other COVID-19 Resources for Your Business
U.S. Treasury
Department of Treasury page with PPP resources
NEW Dept. of Treasury - streamlined PPP forgiveness APPLICATION for loans of $50K or less - updated October 8, 2020
NEW Dept. of Treasury guidance on streamlined PPP forgiveness application for loans of $50K or less - updated October 8, 2020
Treasury Department FAQs - updated 5/27/20
Interim Final Rule on Loan Forgiveness - released 5/22/20
FINAL Paycheck Protection Program Application Form
(released by the US Treasury 4/2/20)
FINAL Paycheck Protection Program (PPP) Information Sheet: Borrowers
(released by the US Treasury 4/2/20)
IRS website to enter bank info for stimulus check direct deposit:
https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here
U.S. Small Business Administration
The SBA provides low-interest disaster loans to help businesses recover from declared disasters.
SBA Paycheck Protection Program Loan Forgiveness Application and Instructions (released 5/15/20)
https://covid19relief.sba.gov/#/
- Download PDF: SBA Disaster Loans Webinar material-Coronavirus 03.14.20
- Download PDF: SBA Economic Injury Disaster Loan Tips from SBDC Chattanooga
- Download PDF: SBA Handout Disaster Assistance_Resources for Businesses Coronavirus
Graphic comparison of EIDL and PPP loans from SBDC
SBA Small Business Resource Guide - TN
List of SBA lenders in TN - page 31 of this guide
New York Times
F.A.Q. on Stimulus Checks, Unemployment and the Coronavirus Plan
U.S. Department of Labor
Families First Response Act
- Employers must share this poster with their employees (for private, non-federal employees)
- Virtual work places - DOL recommends sending it by email to all employees ASAP (see FAQ here)
- Response Act: Questions and Answers (updated 3/25/20)
- U.S. Department of Labor required posters for employers to give notice of employees’ rights, and other resources (updated 3/25/20)
- Dept. of Labor guidance on new family and sick leave laws (March 20, 2020)
Chattanooga Loans and Grants
https://connect.chattanooga.gov/covid-small-business-stabilization-fund/
Chattanooga Area COVID Small Business Resource Dashboard - with filters based on who you are and what you need help with:
https://www.ecomap.tech/covid-portals/chattanooga
Herman Walldorf Commercial Real Estate Guidelines for Small Business Tenants and Landlords
Walldorf's Guidelines for Landlords on Rent Relief due to Coronavirus
Walldorf's Guidelines for Tenants on Rent Relief due to Coronavirus
Mike Michalowicz
Recession Response Plan worksheet
Gusto
Helpful article about differences in employee furloughs and layoffs - read this if you offer health insurance or other benefits!
Forbes.com
Small Business Relief Tracker: Funding, Grants And Resources For Business Owners Grappling With Coronavirus (last updated March 20, 2020; will be continuously updated with new resources)
100 Degrees Consulting
Stephanie Skryzowski: Build a solid financial plan to help you make smart decisions in a time of uncertainty: 100 Degrees Consulting's contingency plan workbook
Jennifer Kem resources
Comparison chart of two types of COVID-19 small business loans:
EIDL (Economic Injury Disaster Loan) and PPP (Paycheck Protection Program)