Small Business Center - Special Update
March 26, 2020
Hello Valued SBC Participant

The COVID-19 crisis continues to unfold and the uncertainty is creating more challenges.   Just know that your SBC and our partners are here to help you navigate the COVID-19 crisis. Things are continuing to change quickly, so we will keep in touch via email, Facebook and Instagram .

We also ask you to share this email with anyone who could benefit from the information, resources and support.

Thank you! All the Best, deborah .
Latest Small Business COVID-19 News



Monitor N.C. COVID-19 Business News at EDPNC:
Upcoming Webinars to Help Your Small Business


Best Practices for Communicating with Customers and Employees in Light of COVID-19
Thu 3/26 9:30-10:30 a.m.

Is an SBA Disaster & Economic Injury Loan Right for You?
Thu 3/26 2-3 p.m.

A Game Plan to Survive a Cash Flow Crisis Amid the COVID-19 Disruption
Thu 3/26 3-4 p.m.

Prepare Your Business to Borrow Money Now Before Negative Economic Shifts
Tue 3/31 9:30-10:30 a.m.


There are many webinars on a variety of topics to help your business now
and in the future > http://bit.ly/sbcnwebinars 
All About Unemployment

Some guidelines that may be helpful to employees and employers from our counterparts at Mayland SBC. It is important to value your employees through this process, because you don’t want to lose good employees due to this issue. 

  • If Covid-19 has caused the business to shutdown, workers should apply for unemployment. This can be done online or via a toll free number. 
  • Workers claim will be based on past wages and time worked.
  • Employers will not be taxed due to layoffs.
  • Employer will receive a form (500-AB) when the worker files a claim with boxes related to how the claimant left the job. Employers should indicate that the separation was due to Covid-19.
  • Claimants (Covid-19) are not required to do a work search log, and do not have a waiting week. Eligible could receive check within 10 days of filing.
  • Employees can work limited hours and still draw unemployment. The amount they can earn without a deduction from their check is 20% of their weekly benefit amount.
  • If hours have been cut significantly, employers should advise workers to file a claim. 
  • Employers may file for unemployment if they have paid unemployment tax on themselves.
  • Federal stimulus package will likely require an unemployment claim to be open for laid off workers to receive the federal unemployment benefits. So file with NC, now.

LINKS:

often for news and tools to help your business through the COVID-19 crisis.
From our families to yours, we wish you health and happiness during this crisis
CONTACT US

Deborah Kania
Director
252-638-1088


Christina Bowman-Murray
Assistant
252-638-1166
Thank you for looking to the SBC for your small business needs!