Alfred Hitchcock fell asleep at parties. At one, he slept for four hours on a sofa until his wife woke him to take him home. “But it’s only one o’clock,” said Hitchcock. “They’ll think we aren’t enjoying ourselves.”

Covid-19 Resources

The firm has compiled these links to provide a convenient resource guide of the business relief programs offered by the federal government and the state of Maryland and new employer obligations under federal legislation relating to the Coronavirus pandemic.

The full text of the House Bill known as the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) – by the United States Congress – 116th Congress House Bill 748:

The CARES act.

The Small Business Administration has resources available to small business owners under the CARES Act. These resources include:

• capital to cover the cost of keep employees on the payroll through the Paycheck Protection Program;
• a quick infusion of smaller amounts of cash to cover current expenses through the Emergency Economic Injury Grant; and
• debt relief on current or potential SBA loans through the Small Business Debt Relief Program.

The U.S. Senate Committee on Small Business & Entrepreneurship explains these resources and provides links in the Small Business Owner’s Guide to the CARES Act:

https://govsite-assets.s3.amazonaws.com/0xRdJCm1TEKNzGX318Vo_small-business-owners-guide-to-the-CARES-Act.pdf

The U.S. Senate Committee on Small Business & Entrepreneurship further explains the Paycheck Protection Program in the Frequently Asked Questions for Small Businesses along with answers:

https://gop-waysandmeans.house.gov/wp-content/uploads/2020/03/Paycheck-Protection-Program-FAQs-for-Small-Businesses-FINAL.pdf

The Small Business Administration’s website to Coronavirus (COVID-19): Small Business Guidance & Loan Resources; including

• the Paycheck Protection Program,
• Economic Injury Disaster Loans and Loans Advance,
• SBA Debt Relief,
• SBA Express Bridge Loans,
• Guidance for Businesses and Employers,
• SBA Products and Resources, and
• Government Contracting:
https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

The Ways and Means Committee’s summary of the CARES ACT: Helping Small Businesses provides links to

• the Paycheck Protection Program,
• CARES Act Tax Provisions,
• CARES Act Unemployment Provisions,
• CARES Act Distressed Industries Provisions:
https://gop-waysandmeans.house.gov/the-senate-cares-bill-helping-small-business/

A page dedicated to the resources available to small businesses through the CARES Act, and instructions on how to take advantage of those resources, focusing on:

• the Paycheck Protection Program;
• Small Business Administration Loan Forgiveness; and
• Economic Injury Disaster Loans:
https://www.coronavirus.gov/smallbusiness/

The CARES Act created the Paycheck Protection Program. To assist with understanding and applying for this program, the U.S. Chamber of Commerce prepared the Coronavirus Emergency Loans Small Business Guide and Checklist that help small businesses determine their eligibility for the Paycheck Protection Program, the requirements sought by lenders, the amount available to be borrowed and how to calculate the amount an individual is eligible for, and loan forgiveness requirements.

https://www.uschamber.com/sites/default/files/023595_comm_corona_virus_smallbiz_loan_final.pdf

Application Form for the Paycheck Protection Program established by the CARES Act.

https://files.constantcontact.com/c9c5380c001/480f392c-215a-42cb-9491-446fb46126d2.pdf

The full text of the House Bill known as the Families First Coronavirus Response Act – by the United States Congress – 116thCongress House Bill 6201:

https://www.congress.gov/bill/116th-congress/house-bill/6201/text

The U.S. Department of Labor Wage and Hour Division provides a summary of Employer obligations, such as

• 2 weeks paid sick leave at regular rate of pay to quarantined or symptomatic employees;
• 2 weeks paid sick leave at two-thirds regular rate of pay to employees caring for others;
• Definition of “Covered Employers” and their obligations (employers with less than 500 employees);
• Leave qualifications and duration;
• Pay calculations; and
• Penalties and enforcement under the Families First Coronavirus Response Act:
https://www.dol.gov/agencies/whd/pandemic/ffcra-employer-paid-leave

The U.S. Department of Labor Wage and Hour Division further explains the Family First Coronavirus Response Act in the Questions and Answers:

https://www.dol.gov/agencies/whd/pandemic/ffcra-questions

Maryland.gov has a link for Small Business Owners and the resources available to them during COVID-19, this includes

• information regarding business closures and other restrictions during COVID-19, with a time line and links to the corresponding executive orders;
• guidance to determine whether a particular business is essential during COVID-19;
• links to State and Federal Financial Assistance Programs, including;
• tax guidance;
• employer and worker assistance; and
• licensing and permitting guides during COVID-19
https://govstatus.egov.com/md-coronavirus-business