The Paycheck Protection Program is now live for small businesses and sole proprietorships and and starting April 10 independent contractors and self-employed individuals can apply. The program provides small businesses with funds to pay up to eight weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.
The restaurant industry is the second-largest private-sector employer in Missouri and the nation. With more than 11,000 locations across the state, Missouri’s restaurants employ an estimated 300,300 people. As the restaurant industry has been devastated by the impact of the pandemic, many restaurant workers need financial assistance during this challenging time. The Missouri Restaurant Association
Staying connected with customers during the COVID19 crisis Whether you are in one of the “essential services” that keeps operating, you have a business that can keep running with everyone working from their homes, or you are forced to close, there are daunting communications challenges. Do You Qualify for Benefits? See at a glance if
Do you need someone to break the Paycheck Protection Program within the CARES Act down for you? “Biz 417” and BKD CPAs & Advisors will walk you through resources for small businesses, certain nonprofits and other employers. The free online webinar is at 11 a.m. April 1. Register now.
U.S. Travel Association The U.S. Travel Association has a page dedicated to the act that can provide relief for businesses and workers during the pandemic crisis. Missouri Department of Economic Development A variety of information is available, including how to access financial assistance, what to know about closures and layoffs and more. Missouri Association of
How the $2T coronavirus stimulus will affect you and the economy The Senate reached a deal on a sweeping $2 trillion stimulus package Wednesday that extends an extraordinary lifeline to Americans in virtually every circumstance who have been affected by the coronavirus – workers, the unemployed, the self-employed and contractors. Foundation Offers Immediate Relief for
If you had to lay off full- or part-time employees or were laid off yourself due to the pandemic, a number of resources are available to help pay the bills. Unemployment Benefits People who lose a job through no fault of their own, are unable to work due to a natural disaster or quit for
Low-interest disaster loans are available to small businesses and private non-profits severely affected by the pandemic. If eligible, a business or non-profit that submits a viable application could be approved for a loan of up to $2 million. These loans can provide vital economic support to small businesses to help overcome the temporary loss of
The CVB is keeping an eye on the pandemic and its impact on travel and we’re sure you are, too. Now that the initial shock of the crisis is waning, it’s time to start looking forward. Here are news stories and information that might be helpful in your efforts to keep your business operating. Gov.