Federal / State / Insurance Company Help / Aid

Unless you are the rare company that has opportunity to grow in this crisis, prepare to shrink and ask for help before you need it. There are several federal web sites that are taking applications from businesses who are being impacted:

Federal

○ SBA Economic Injury Disaster Loans (EIDL) -SBA Economic Injury DIsaster Loans (EIDL) Saw this note on LinkedIn from Michael Herrick - the SBA Disaster Loan web site is broken in the Chrome browser. You will be unable to e-sign the tax transcript authorization. Firefox should work.

○ Keeping Workers Paid and Employed Act - Keeping Workers Paid and Employed Act

States - this is all I have now - if your state offers programs that are helping share them in the comments below:

  • Check your state web sites to learn as much as you can about aid that is becoming available.

  • CA - EDD Work Sharing Program - allows workforce to work will people collect unemployment. Fill out PDF - send it in. CA Work Sharing Program

  • CA COVID-19 Resources: CA Corona Virus Aid

Business Interruption Insurance

• Read your insurance policies to see if you have any business interruption insurance that could be triggered by government mandated shut downs or COVID-19 issues. Your insurance company will not tell you voluntarily that you are covered – you need to initiate claims with them based on your policies. Read the fine print and see if you have any relevant coverage.