HAVING TROUBLE FINDING A LENDER AND YOUR BANK CAN’T HELP?
Here is a list of other PPP funders that are willing to take “non-customers” and are approved by the SBA for the PPP.
HELP FOR FURLOUGHED VETERANS
Disabled American Veterans, DAV, will provide a $250.00 payment to any service-connected disabled veteran. It is on a first come, first serve basis to veterans who are laid off due to the virus. Info can be found here:
https://www.dav.org/COVIDrelief/
ANSWERS FOR EMPLOYERS REGARDING LABOR QUESTIONS/EMPLOYEES:
This webinar was very helpful. If you have employees and need questions answered, go here:
LABOR/HR WEBINAR
RESTAURANT STRONG GRANTS FOR RESTAURANT WORKERS
To qualify for grant assistance, you must satisfy all of the following requirements:
- Completed Application Form
- Full-time employees (Minimum of 30 hours total per week, can be multiple restaurants)
- Employed for 3 months or longer at the same location
- Worked in a restaurant, bar, cafe or nightclub located in CT.
- Submit the last two full-time (30 hour) pay stubs
IS THERE ASSISTANCE FOR COMMERCIAL OR RESIDENTIAL RENTERS?
To date there has been
NO assistance for commercial renters
. We are working with the Governor to get an executive order that would allow businesses to use their rental deposits for rent in April or May. Nothing yet.
Her is the assistance for residential renters:
- All landlords are prohibited from issuing a notice to quit or beginning eviction proceedings before July 1, 2020, except for serious nuisance, such as physically harming another tenant or the landlord.
- For rent due in April 2020, landlords must grant tenants an automatic, 60-day grace period for payment, instead of the existing 9-day grace period.
- For rent due in May 2020, landlords must grant a 60-day grace period for payment upon the request of tenants. Under this provision, a tenant must to notify the landlord that they have lost a job, lost hours, or otherwise lost revenue or faced significant increased expenses as a result of the COVID-19 pandemic.
- If a tenant has a paid security deposit of more than one month’s rent, the tenant can apply all or part of that excess to April, May, or June rent. Under this provision, the tenant must notify the landlord that they have lost a job, lost hours, or otherwise lost revenue or faced significant increased expenses as a result of the COVID-19 pandemic.
