March 30 UPDATE
The NH SBA reports that they are waiting for direction as to how the new loan programs associated with the CARES Act will be administered, and are also waiting clarification as to who is eligible. Only those local lenders who are in the Preferred Lender Program will be providing these loans. See List Here.
The US Chamber of Commerce has put out a very easy to understand synopsis of applying for the Emergency Loans.
March 27 UPDATE - Governor Sununu amended his Stay At Home Order to allow nonessential retail businesses to continue offering curbside pick up of goods or delivery. He also is allowing real estate showings to continue, closings if done virtually and property inspections/appraisals to continue.
March 26 - Governor Sununu Issues Stay At Home Orders
On March 13, UVBA held a briefing for businesses with the City of Lebanon and Town of Hanover on local efforts to respond to the spread of COVID19. Many thanks to CATV for the video footage.
UVBA is currently watching proposed legislation at the federal level concerning a rollback of payroll taxes for both employers and employees and also proposals from Governor Sununu to make temporary changes to NH unemployment benefits. Neither federal nor state proposals have been enacted at this time. When new information is available, we will share links and information at that time.
Current Resources for Businesses:
March 19 UPDATE:
On March 17, Governor Sununu announced that New Hampshire is expanding unemployment benefits. Businesses should file at https://www.nhes.nh.gov/. A hotline has been set up for questions at 603-271-7700. Governor Sununu has temporarily suspended the one-week waiting period for those filing for unemployment benefits per Executive Order #5.
NH Employment Security - NHES has programs in place to help businesses who may need to reduce their staffing due to loss of business or because of quarantining. Businesses may be eligible for assistance. Questions should be directed to:
Deputy Commissioner Richard Lavers, 603-228-4064 or firstname.lastname@example.org
Small Business Administration - The SBA is offering Economic Injury Diaster Loans to help businesses overcome temporary loss of revenue. Contact the Office of Emergency Management at 603-223-6169 or email email@example.com. Download SBA info here.
Centers for Disease Control - Download Pandemic Flu Checklist for Workplace Administrators
The US House has unanimously passed H.R. 6201, The Families First Coronavirus Response Act and the US Senate is expected to quickly follow suit. The House passed version includes the following:
Mandatory Paid Sick Leave/Paid Family Medical Leave:
Up to two weeks of paid sick leave and up to three months of paid family and medical leave, equal to no less than two-thirds of pay. These benefits only apply to employees of businesses with fewer than 500 employees, or the government, who are infected by the virus, quarantined, have a sick family member or are affected by school closings. Large employers are excluded, and the Labor Department will have the option of exempting workers at any company with fewer than 50 employees, if it determines that providing paid leave “would jeopardize the viability of the business as a going concern.” Companies covered by the policy will not foot the bill for paid leave. The government is providing new tax credits to both help offset the costs of accommodating the new mandate and the economic impact of the outbreak.
No Cost Coronavirus Testing:
Coronavirus testing will be provided at no cost for individuals. HB 6201 includes waivers to allow the costs of tests to be covered by insurance and federal government programs. It also includes a 6.2-percentage point increase in federal payments to Medicaid for states.
Emergency Unemployment Insurance Grants:
$1 billion in 2020 for emergency grants to states to assist with processing and paying unemployment insurance. Half of those funds would be used to provide immediate additional funding to all states for staffing, technology and other administrative costs. The other half would be used for emergency grants to states that experienced at least a 10-percent increase in unemployment.
Food Security Funding:
$1 billion for food security programs. Aimed at helping those who may struggle to get access to meals during the pandemic, including those who rely on the Supplemental Nutrition Assistance Program, food banks, and the 22 million children who receive free or reduced-price lunch at school.