SBA LOAN PROGRAMS (EIDL) AND PPP ARE CLOSED
During an interview Wendell Davis, New England region administrator for the SBA, said the SBA is no longer accepting applications for the Economic Injury Disaster Loan program until more funding is allocated. Also, the PPP has been closed because funding has been used up. “We’re encouraging everyone to apply for the PPP,” notwithstanding pending congressional action to resupply the lending pool. “If your bank is not accepting any more applications, move on to another bank.”
Here are some other lenders that are accepting applications from non-customers:
SEXUAL HARASSMENT MANDATES EXTENDED 90 DAYS
The Connecticut Commission on Human Rights and Opportunities (CHRO) recently
extended the deadline
for employers to conduct mandatory sexual harassment training by 90 days. The extension applies to employees hired after the October 1, 2019. This was mandated by the “Time’s Up Act.”
In order for an employer to get the extension, it will have to explain exactly how COVID-19 prevented training. Neither cost nor mobility should be hurdles, as the CHRO provides free, remote,
online training
that satisfies statutory requirements.
We outlined the Time’s Up Act’s mandatory sexual harassment training rules
last September
. As a reminder, all employers must provide training for supervisors, and employers with three or more employees must provide training for everyone. Employees whose tenure predated October 1, 2019 should have completed their training by April 1, 2020. Failure to provide sexual harassment training can lead to CHRO discrimination charges and up to a $750 fine.
For interested employers, the CHRO plans to host a series of live COVID-19-specific informational webinars. The first is scheduled for April 21, 2020 at 10:00 am, and you can register
here
.
USDA ASSISTANCE TO THOSE WITH LOANS/PROGRAMS THROUGH USDA
CONGRESSMAN COURTNEY WRITES LETTER TO SBA ASKING FOR CLARIFICATION ON EIDL LOANS
WAIM’S NEIGHBORHOOD SAFETY NET FUND
The Neighborhood Safety Net Fund is designed for people who are unable to pay basic needs expenses
because of COVID-19
shut downs. This would include those who: Have lost work and do not qualify for unemployment; Are not eligible for stimulus funds; Are receiving assistance, but at such a low rate it will not cover expenses.
The Neighborhood Safety Net Fund will assist with Rent, Medicine (including over the counter), Car payments , Car insurance, Other emergency needs that are unmet
as a result of COVID-19
.
WAIM’s regular energy assistance fund is available to assist with heating and utility expenses.
For information or to see if you are eligible, contact Evelyn Solla, 860 -456-7270 ext. 12. They are checking phone messages every day, but please allow at least 24 hours for a response. Currently, WAIM is not open to the public. The interview will be via telephone and any necessary documents (copies of the lease, bill, etc.) may be sent via email or phone photo.
