We have compiled a list of resources to assist small business owners/employers in response to the COVID-19 crisis.

 

 

Topic: Second Stimulus Package: An Overview of New Stimulus Bill 

Presentation Date: Jan 7, 2021 1:00 PM  Click here to listen

 

Click the following for: Coronavirus (COVID-19): Small Business Guidance & Loan Resources

 

January 2021 Updates to New Stimulus Bill

  • Form 2483 – Paycheck Protection Program Borrower Application Form   Click here
  • Form 2483-SD – PPP Second Draw Borrower Application Form  Click here 
  • Top-Line Overview of First Draw PPP Loans   Click here
  • Top-Line Overview of Second Draw PPP Loans   Click here
  • Procedural Notice – Modifications to SBA Forms 3506, 3507 and 750 CA (PPP only)   Click here
  • Procedural Notice - SBA Procedural Notice on Repeal of EIDL Advance Deduction Requirement   Click here

 

Paycheck Protection Program 

Employee Retention Credit under the CARES Act -  The Employee Retention Credit under the CARES Act encourages businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. Click Here for more information. 

Economic Injury Disaster Loan (EIDL) Grant

​Other Available Resources 

SCORE Fort Worth- Free Mentoring Services

Leverage the experience and expertise of SCORE volunteers to helping you through personalized one-on-one meetings. These can be held by phone, email, video conferencing or, when acceptable, face-to-face.  Take advantage of this free service to helping you position your business for greater success.

Click here to Schedule a meeting with a SCORE Mentor

Additional support is available through SCORE’s Fort Worth workshops see Workshop Calendar on our SCORE home page.  Coming soon will be workshops addressing the new challenges businesses are facing as a result of COVID-19.  All upcoming workshops will be conducted using remote conferencing technology.

PREPARE A 13 WEEK CASH FLOW ANALYSIS

Learn more from Mark Lenz how to effectively use this template a tool to work with your financial advisor or for your own analysis to understand your cash flow needs for the next 13 weeks.  Click here!  to hear from Mark.

Download Template

U.S. SMALL BUSINESS ADMINISTRATION (SBA)

You can view the U.S. Small Business Administration’s  Coronavirus (COVID-19): Small Business Guidance and Loan Resources.  In addition, the SBA has online information about Disaster Loan Assistance .

CITY OF FORT WORTH

The City of Fort Worth has COVID-19 Information for Businesses online.  They are also asking local businesses to complete the COVID-19 Business Survey to aid in their response.  These, and other important City resources are available at the link.

STATE OF TEXAS

The Texas Workforce Commission provides general information for employers during the COVIS-19 crisis including FAQs for Texas Employers.  There is additional state-related information at www.gov.texas.gov  including updates from Governor Abbott.

NATIONAL RESOURCES

EEOC - To help businesses become more aware of discrimination issues that can arise when important employment decisions are being made, the Equal Employment Opportunity Commission (EEOC) has created What You Should Know About the ADA, the Rehabilitation Act and the Coronavirus.

WAGE AND HOUR - The Department of Labor's (DOL's) Wage and Hour Division is providing information on common issues employers and workers face when responding to COVID-19, including the effects on wages and hours worked under the Fair Labor Standards Act and job-protected leave under the Family and Medical Leave Act.

SAFETY AND HEALTH - The Occupational Safety and Health Administration (OSHA) provides Interim Guidance and other safety-related resources about the COVID-19 outbreak.