• 1

Governor Hochul recently announced changes to the NYS COVID-19 Pandemic Small Business Recovery Grant Program that will allow more small businesses to apply for funding. Now a business that had gross receipts of up to $2,500,000 in 2019 or 2020 is eligible to apply. Also, the limit on the Paycheck Protection Program has increased; if a business received $250,000 or less in PPP loans they are also now eligible to apply. Please see Governor Hochul’s press release here:  https://www.governor.ny.gov/news/governor-hochul-announces-expanded-eligibility-800-million-covid-19-pandemic-small-business

Applications filed in the first phase that are pending and/or haven’t submitted all their documents must complete their applications by September 10, 2021!

Also new applications submitted on and after August 25th will begin to be processed on September 8.

One last very important point: businesses must have a bank account to receive funding!

Applicants can find assistance to complete the application here:  https://nysmallbusinessrecovery.com/partners/county/

 

Share this content with your networks:

SBA Re-Opening Paycheck Protection Program to Small Lenders on Friday, January 15 and All Lenders on Tuesday, January 19

Lenders with $1 Billion or Less in Assets Will be Able to Submit First and Second Draw PPP Applications on Friday – Continuing Dedicated Access for Community-Based Lenders 

WASHINGTON – The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 a.m. EST. The portal will fully open on Tuesday, January 19, 2021 to all participating PPP lenders to submit First and Second Draw loan applications to SBA.

Earlier in the week, SBA granted dedicated PPP access to Community Financial Institutions (CFIs) which include Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified Development Companies (CDCs), and Microloan Intermediaries as part of the agency’s ongoing efforts to reach underserved and minority small businesses.

On Friday, SBA will continue its emphasis on reaching smaller lenders and businesses by opening to approximately 5,000 more lenders, including community banks, credit unions, and farm credit institutions.  Moreover, the agency also plans to have dedicated service hours for these smaller lenders after the portal fully re-opens next week.

“A second round of PPP could not have come at a better time, and the SBA is making every effort to ensure small businesses have the emergency financial support they need to continuing weathering this time of uncertainty,” said SBA Administrator Jovita Carranza. “SBA has worked expeditiously to ensure our policies and systems are re-launched so that this vital small business aid helps communities hardest hit by the pandemic. I strongly encourage America’s entrepreneurs needing financial assistance to apply for a First or Second Draw PPP loan.”

“We are pleased to have opened PPP loans to CDFIs, MDIs, CDCs, and Microloan Intermediaries.  The PPP is already providing America’s small businesses hardest hit by the pandemic with vital economic relief,” said Secretary of the Treasury Steven T. Mnuchin. “As the Program re-opens for all First and Second Draw borrowers next week, the PPP will allow small businesses to keep workers on payroll and connected to their health insurance.”

First Draw PPP Loans are for those borrowers who have not received a PPP loan before August 8, 2020. The first round of the PPP, which ran from March to August 2020, was a historic success helping 5.2 million small businesses keep 51 million American workers employed.  

Second Draw PPP Loans are for eligible small businesses with 300 employees or less, that previously received a First Draw PPP Loan and will use or have used the full amount only for authorized uses, and that can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020. The maximum amount of a Second Draw PPP loan is $2 million. 

Updated PPP Lender forms, guidance, and resources are available at www.sba.gov/ppp and www.treasury.gov/cares.

 

 

Sincerely,

 

Kathryn Dailey

Director of Special Events

Otsego County Chamber of Commerce

31 Main Street, Suite 2B

PO Box 18

Oneonta, New York  13820

(607) 432-4500 ext 2

 

Share this content with your networks:

 

Rural Relief Small Business Grants Open from January 26 through February 2

 

The Local Initiatives Support Corporation (LISC) is offering Rural Relief Small Business Grants for up to $20,000. Grants support small businesses and enterprises affected by COVID-19 across the country, especially those in underserved communities, including entrepreneurs of color, women- and veteran-owned businesses that often lack access to flexible, affordable capital. 

 

Applications are being accepted in “rounds” and you must submit a new application for each round in order to be considered for funding in that round. The next application round runs January 26 through February 2.

 

 Click here to learn more and apply.  

 

 

Share this content with your networks:

 

Otsego Now establishes a State Disaster Emergency Grant Program for Otsego County, with financial assistance from the Community Foundation of Otsego County and the Cooperstown Foundation.

Small businesses and not-for-profit corporations with fewer than 50 employees are eligible for grants up to $500 for the purpose of acquiring personal protective equipment (PPE) or installing fixtures to prevent the spread of Covid-19, during the period in which the Governor’s Executive Order 202 of 2020 is in effect. To be eligible for a grant, a small business or not-for-profit corporation must meet these requirements:

* Was a financially viable entity prior to the state disaster emergency; and

* Conduct business in the area served by the Otsego County Industrial Development Agency; and

* Must be located outside the City of Oneonta; and

* Have been negatively affected by the state disaster emergency.

The Community Foundation of Otsego County awarded a $25,000 grant to the Cooperstown Foundation which had applied to the Community Foundation to help create the Otsego County COVID-19 Relief and Recovery Fund. The Cooperstown Foundation in turn is entering into a sub-recipient agreement with Otsego Now to administer the fund to small businesses and not-for-profit corporations outside the City of Oneonta, which has its own PPE program for businesses within the city limits.

On June 17th the Governor signed NYS Legislation establishing a “State Disaster Emergency Loan Program” to authorize Industrial Development Agencies to make loans and grants to small businesses. Prior to this IDAs were prohibited by state law from making grants or loans to any organization.

The new legislation restricts grants to acquiring personal protective equipment (PPE) or installing fixtures necessary to prevent the spread of COVID 19.

At its board of directors meeting on June 25th, Otsego Now voted unanimously to match the Community Foundation of Otsego County grant with another $25,000 of its own funds to help Otsego County small businesses. The total now available for grant awards is $50,000.

Harry Levine, Board President, Community Foundation of Otsego County said “This award, our nineteenth, will help small businesses and nonprofits bear the burdens they have encountered due to the COVID-19 virus. We are grateful to Otsego Now and the Cooperstown Foundation for organizing this important effort to support our local economy.”

Share this content with your networks:

A friendly reminder! See the press release detailing Otsego Now’s State Disaster Emergency Grant Program for Otsego County businesses, outside the City of Oneonta. Funding for this grant was provided by the Community Foundation of Otsego County, the Cooperstown Foundation, and the Otsego County Capital Resource Corporation. I’ve also attached the guidelines and application for funding. Applications are being accepted on a first come/first serve basis, and will not be accepted after September 30, 2020.

 

If you have any questions about this program, feel free to reach out to Meaghan Marino or Jody Zakrevsky ([email protected]).

 

 

Press Release

For Additional Information Contact:

Meaghan Marino

[email protected]

607-267-4010

Otsego Now establishes a State Disaster Emergency Grant Program for Otsego County, with financial assistance from the Community Foundation of Otsego County and the Cooperstown Foundation.

Small businesses and not-for-profit corporations with fewer than 50 employees are eligible for grants up to $500 for the purpose of acquiring personal protective equipment (PPE) or installing fixtures to prevent the spread of Covid-19, during the period in which the Governor’s Executive Order 202 of 2020 is in effect. To be eligible for a grant, a small business or not-for-profit corporation must meet these requirements:

* Was a financially viable entity prior to the state disaster emergency; and

* Conduct business in the area served by the Otsego County Industrial Development Agency; and

* Must be located outside the City of Oneonta; and

* Have been negatively affected by the state disaster emergency.

The Community Foundation of Otsego County awarded a $25,000 grant to the Cooperstown Foundation which had applied to the Community Foundation to help create the Otsego County COVID-19 Relief and Recovery Fund. The Cooperstown Foundation in turn is entering into a sub-recipient agreement with Otsego Now to administer the fund to small businesses and not-for-profit corporations outside the City of Oneonta, which has its own PPE program for businesses within the city limits.

On June 17th the Governor signed NYS Legislation establishing a “State Disaster Emergency Loan Program” to authorize Industrial Development Agencies to make loans and grants to small businesses. Prior to this IDAs were prohibited by state law from making grants or loans to any organization.

The new legislation restricts grants to acquiring personal protective equipment (PPE) or installing fixtures necessary to prevent the spread of COVID 19.

At its board of directors meeting on June 25th, Otsego Now voted unanimously to match the Community Foundation of Otsego County grant with another $25,000 of its own funds to help Otsego County small businesses. The total now available for grant awards is $50,000.

Harry Levine, Board President, Community Foundation of Otsego County said “This award, our nineteenth, will help small businesses and nonprofits bear the burdens they have encountered due to the COVID-19 virus. We are grateful to Otsego Now and the Cooperstown Foundation for organizing this important effort to support our local economy.”

Andrew Marietta, of the Cooperstown Foundation, expressed “As the supporting Foundation for the Cooperstown Chamber of Commerce, the Cooperstown Foundation is pleased to partner with Otsego Now and the Community Foundation of Otsego County to support the health and safety infrastructure of the Otsego County business community during these challenges times.”

“We are in unprecedented times and our rural area has been affected by COVID-19 in many ways,” says Jeff Joyner, Otsego Now chairman and president of A.O. Fox Hospital. “Every initiative we take to assist our non-profits and small businesses is vital. We are deeply appreciative of the Cooperstown Foundation and Community Foundation of Otsego County for their partnership. We will continue to move forward together.”

In addition to these funds, the County has made available another $200,000 in Community Development Block Grant (CDBG) funding it received from the NYS Office of Homes and Community Renewal. This grant program is being administered by Otsego Now and is available to micro-enterprise businesses with 5 or less employees. To date, 15 applications have been received.

For specific information on how to obtain these grants, visit the Otsego Now Web page at https://otsegonow.com/

Share this content with your networks:

The Mohawk Valley entered Phase 4 on Friday, June 26th. Business Owners must read the detailed guidelines HERE and provide their digital signature affirming that they have read and understand the document.

The Phase 4 guidelines apply to non-essential businesses in regions that are permitted to reopen, essential businesses throughout the state that were previously permitted to remain open, and commercial and recreational activities that have been permitted to operate statewide with restrictions. If guidance has not yet been published for your specific industry, but you are permitted to reopen, please refer to the NY Forward Safety Plan template.

For help determining whether or not your business is eligible to reopen, use the reopen lookup tool HERE

Guidance for Phase 4 includes:

 

Please also review Statewide Guidance for:

 

 

Share this content with your networks:

This informative webinar is now available here for you to watch anytime!

Whether you think you are ready to reopen or not, this zoom webinar will give you very detailed ideas and links to various tools that are available to get you more prepared and help you grow your business into the future. We participated in this zoom meeting and found it covered many aspects of online presence: from taking stock of your current website, your social media, blogs, etc. and info on how to assess and update if necessary with links to tools to make these changes now before you reopen. This about 1 hour long and packed with insights! Highly recommend! Click here for the audio recording and click the download for the Powerpoint presentation alone.

Share this content with your networks:

NYS Business Updateshttps://www.governor.ny.gov/news/amid-ongoing-covid-19-pandemic-governor-cuomo-outlines-additional-guidelines-phased-plan-re

  1. Amid the ongoing COVID-19 pandemic, Governor Andrew M. Cuomo outlined additional guidelines for the phased plan to re-open New York on a regional basis. Each region of the state – Capital Region, Central New York, Finger Lakes, Mid-Hudson Valley, Mohawk Valley, New York City, North Country, Long Island, Southern Tier and Western New York – must follow these guidelines as part of the re-opening plan:
  1. CDC Guidelines: Based on CDC recommendations, once a region experiences a 14-day decline in the hospitalization rate they may begin a phased re-opening.
  2. Industries: Businesses in each region will re-open in phases. Phase one will include opening construction and manufacturing functions with low risk. Phase two will open certain industries based on priority and risk level. Businesses considered “more essential” with inherent low risks of infection in the workplace and to customers will be prioritized, followed by other businesses considered “less essential” or those that present a higher risk of infection spread. Regions must not open attractions or businesses that would draw a large number of visitors from outside the local area.
  3. Business Precautions: Each business and industry must have a plan to protect employees and consumers, make the physical work space safer and implement processes that lower risk of infection in the business.
  4. Building Health Care Capacity: To maintain the phased re-opening plan, each region must have at least 30 percent of hospital beds and ICU beds available after elective surgeries resume.
  5. Testing Regimen: Regions must implement a testing regimen that prioritizes symptomatic persons and individuals who came into contact with a known COVID-positive person, and conducts frequent tests of frontline and essential workers. Regions must maintain an appropriate number of testing sites to accommodate its population and must fully advertise where and how people can get tested. The region must also use the collected data to track and trace the spread of the virus.
  6. Tracing System: There must be at least 30 contact tracers for every 100,000 people. The region must also monitor the regional infection rate throughout the re-opening plan.
  7. Isolation Facilities: Regions must present plans to have rooms available for people who test positive for COVID-19 and who cannot self-isolate.
  8. Regional Coordination: Regions must coordinate the re-opening of schools, transportation systems, testing and tracing with other surrounding regions.
  9. Re-imagining Tele-Medicine
  10. Re-imagining Tele-Education
  11. Regional Control Rooms: Each region must appoint an oversight institution as its control room to monitor regional indicators during the phased re-opening, including hospital capacity, rate of infection, PPE burn rate and businesses.
  12. Protect and Respect Essential Workers: Regions must continue to ensure protections are in place for essential workers.

Governor Cuomo also announced the creation of the New York Forward Re-Opening Advisory Board to help guide the state’s re-opening strategy. The advisory board will be chaired by Former Secretaries to the Governor Steve Cohen and Bill Mulrow and includes over 100 business, community and civic leaders from industries across the state. A list of the members of the advisory board is available here.

Share this content with your networks:

Amid the ongoing COVID-19 pandemic, Governor Andrew M. Cuomo today outlined additional guidelines for the phased plan to re-open New York on a regional basis. Each region of the state – Capital Region, Central New York, Finger Lakes, Mid-Hudson Valley, Mohawk Valley, New York City, North Country, Long Island, Southern Tier and Western New York – must follow these guidelines as part of the re-opening plan. click here for more

Share this content with your networks:

Cooperstown, NY, April 20, 2020: Today, the Otsego County Economic Impact Task Force provided an update on initiatives to support business in response to COVID-19:

Immediate Countywide Efforts by Task Force in Support of Business

  • The Task Force has developed a countywide Think Local Buy Local Campaign called “Love Your Locals” in support of all local businesses. This social media campaign will run every Saturday to remind residents to shop small on Saturdays and to consider buying local every day.
  • Sweet Home Productions ( SupportOtsego.com) and dozens of other community-minded agencies helped build a database of businesses that lists the ways in which the businesses are able to connect with their customers. Through two new websites (SupportOtsego.com and SupportOneonta.com) thousands of residents will have access to a “one-stop shop” of resources to keep them informed and help them in this difficult time. IMPORTANT: A primary function of both websites is the promotion and connection to local businesses to provide them with a vital financial lifeline. The Task Force strongly encourages all businesses to please visit SupportOtsego.com to add their businesses and the information needed by customers, on a short, easy form. 
  • Additionally, the Task Force has added an online Business Community Discussion Forum that is now available for use on the website SupportOtsego.com. To participate in the online forum, please follow these steps:
  • Go to Support Otsego.com and click on the Business Forum button and click register.
  • Complete the registration information and select “Complete Sign Up.”
  • You will receive a confirmation e-mail. Please make sure to check your Spam folder if you do not immediately receive in your Inbox, as sometimes it will appear there.

The Task Force hopes that providing this opportunity will be a source of valuable support, sense of community and insight for all businesses. If you have any questions about using the forum, reach out to:

            According to Board Chair David Bliss: “Our local businesses are vital to the creativity, passion and sense of community that make Otsego County thrive and they are essential for our economy. They bring growth and innovation to our communities. They provide employment and opportunities and in turn support our community organizations from youth sports and the arts to hospice care.  They are what make our towns special and unique.  We ask that you invest in our community by making “SupportOtsego.com” your first stop when you need to purchase a product or service. ” 

            According to Mayor Gary Herzig: “The people of Otsego County are coming together to overcome the COVID-19 challenge as One Community. The Economic Impact Task Force is one example of how we are working to Survive, Then Thrive. Keeping all our local businesses intact is a top priority. Otsego County and the City of Oneonta have always been jewels. When we reopen, they will be valued more than ever. Together, we will get there.”

            According to Mayor Ellen Tillapaugh: “As we unite to confront this health crisis, it is critical that we support our community members and our economy. The Think Local Buy Local campaign provides an effective way to provide that support.”

According to Senator James L. Seward: “Our small businesses have always been the backbone of our local communities, and they will be even more important as we move forward and rebuild from the COVID-19 pandemic. The Otsego County Economic Task Force is providing an essential service for businesses and consumers alike, and I applaud their efforts. Shopping local and purchasing homegrown products will help our region recover and ensure future vitality. Stay healthy, stay safe and look out for your neighbors.”

About The Otsego County Economic Impact Task Force:

The Otsego County Covid-19 Economic Impact Task Force’s priority is the safety of the community and the economic prosperity of Otsego County. The Task Force exists to help businesses and organizations in the region successfully navigate the COVID-19 outbreak and its aftermath, by providing access to resources and relevant information.  This business action plan acts as a community rallying point for all businesses to pull in the same direction.  Members of this Task Force include:

  • Bassett Healthcare Network
  • Cooperstown Chamber of Commerce 
  • Destination Marketing Corporation for Otsego County
  • Destination Oneonta
  • Opportunities for Otsego
  • Otsego 2000
  • Otsego County Chamber of Commerce 
  • Otsego County Government
Share this content with your networks:

To extend a helping hand to small businesses suffering from the impacts of the coronavirus pandemic, the U.S. Chamber of Commerce Foundation – in partnership with Vistaprint and a coalition of supporting companies, foundations, and philanthropic donors – is working to provide financial relief through the Save Small Business Fund.  This fund is a key pillar of the U.S. Chamber’s Save Small Business Initiative. For information on this grant program, visit : https://www.savesmallbusiness.com/

TO QUALIFY
YOU MUST

– Employ between 3 and 20 people

– Be located in an economically vulnerable community

– Have been harmed financially by the COVID-19 pandemic

The application will go live TODAY, at 12:00PM PT. 

Share this content with your networks:

This is a great resource during difficult times from Comptroller DiNapoli

Message from Comptroller DiNapoli

“The COVID-19 pandemic has created a serious public health crisis for New York and the economic impact to our State will likely be felt for a long time to come. My office is taking many proactive and positive steps to address the economic impacts of the COVID-19 crisis and we want to help New York’s residents, government entities, nonprofits and businesses alike as they navigate these uncharted waters. We created this page of helpful resources and links to give you easy access to vital assistance and information you need at this time. Since the situation is changing rapidly with each passing day, please check back regularly as we update this information.”

https://osc.state.ny.us/covid-19/financial-toolkit.htm

Share this content with your networks:

This morning Empire State Development updated their guidance on Essential Services. Changes that are of interest to tourism are outlined below, with additional details following for other businesses.

You can find the link to the entire guidance document here: https://esd.ny.gov/guidance-executive-order-2026

Essential services including

  • marine vessel repair and marinas, but only to support government or essential commercial operations and not for recreational purposes

Recreation

  • Parks and other open public spaces, except playgrounds and other areas of congregation where social distancing cannot be abided
  • However, golf courses are not essential
  • However, use of boat launches and marinas for recreational vessels is not considered essential

Essential retail including

  • delivery for orders placed remotely via phone or online at non-essential retail establishments; provided, however, that only one employee is physically present at the business location to fulfill orders

The following parts were re-written and now read:

Essential infrastructure including

  • hotels, and other places of accommodation
    • NOTE: The change is the word “other” was added

Restrictions on requesting designation as an essential business:

Pursuant to the Governor’s Executive Orders, the following businesses are specifically enumerated as non-essential and are, therefore, unable to request a designation:

  • Any large gathering or event venues, including but not limited to establishments that host concerts, conferences, or other in-person performances or presentations in front of an in-person audience;
  • Any dine-in or on-premise restaurant or bar service, excluding take-out or delivery for off-premise consumption;
  • Any facility authorized to conduct video lottery gaming or casino gaming;
  • All places of public amusement, whether indoors or outdoors, including but not limited to, locations with amusement rides, carnivals, amusement parks, water parks, aquariums, zoos, arcades, fairs, children’s play centers, funplexes, theme parks, bowling alleys, family and children’s attractions;

More from Empire State Development

Empire State Development has significantly updated their guidance for determining whether a business enterprise is subject to a workforce reduction under recent Executive Orders. The updated guidance can be found here. Below please find a summary of the changes that were made including additions and removals. Please note that the changes made were extensive and new categories including “Professional Services” have been added. We will continue to keep you informed of any updates regarding Executive Orders and related guidance. If you have any questions or concerns please let us know. Thank you.

The new ESD guidance added the following:

“State and local governments, including municipalities, authorities, and school districts, are exempt from these essential business reductions, but are subject to other provisions that restrict non-essential, in-person workforce and other operations under Executive Order 202.”

Changes:

1. Essential health care operations including:

“medical” was added to emergency veterinary, livestock services

“Emergency chiropractic services” was added

“Physical therapy, prescribed by medical professional” was added

“Occupational therapy, prescribed by medical professional” was added

2. Essential infrastructure including:

A technical change was made to make it read airlines/airports

The word “other” was added so the last bullet would read “hotels, and other places of accommodation”

3. Essential manufacturing including:

“FDA” was added after Food and Drug Administration

“automobiles” was added

“any parts or components necessary for essential products that referenced within this guidance” was added

4. Essential retail including:

“telecommunications to service existing customers and accounts” was added

“delivery for orders placed remotely via phone or online at non-essential retail establishments; provided, however, that only one employee is physically present at the business location to fulfill orders” was added

5.Essential services including:

“marine vessel repair and marinas, but only to support government or essential commercial operations and not for recreational purposes” was added

“including dog walking, animal boarding landscaping, but only for maintenance or pest control and not cosmetic purposes designing, printing, publishing and signage companies to the extent that they support essential businesses or services” was added to “animal shelters and animal care”

“remote instruction or streaming of classes from public or private schools or health/fitness centers; provided, however, that no in-person congregate classes are permitted” was added

7. Financial Institutions including:

“except debt collection” was added

9. Construction

This section was re-written, and now reads:

“All non-essential construction must safely shut down, except emergency construction, (e.g. a project necessary to protect health and safety of the occupants, or to continue a project if it would be unsafe to allow to remain undone, but only to the point that it is safe to suspend work).

Essential construction may proceed, to the extent that:

the construction is for, or your business supports, roads, bridges, transit facilities, utilities, hospitals or healthcare facilities, homeless shelters, or public or private schools;

the construction is for affordable housing, as defined as construction work where either (i) a minimum of 20% of the residential units are or will be deemed affordable and are or will be subject to a regulatory agreement and/or a declaration from a local, state, or federal government agency or (ii) where the project is being undertaken by, or on behalf of, a public housing authority;

the construction is necessary to protect the health and safety of occupants of a structure;

the construction is necessary to continue a project if allowing the project to remain undone would be unsafe, provided that the construction must be shut down when it is safe to do so;

the construction is for projects in the energy industry in accordance with Question No. 14 in the FAQ at:  https://esd.ny.gov/sites/default/files/ESD_EssentialEmployerFAQ_033120.pdf;

the construction is for existing (i.e. currently underway) projects of an essential business; or

the construction work is being completed by a single worker who is the sole employee/worker on the job site.

At every site, it is required that the personnel working on the site maintain an appropriate social distance, including for purposes of elevators/meals/entry and exits.  Sites that cannot maintain appropriate social distancing, as well as cleaning/disinfecting protocols must close. Enforcement will be conducted by state and local governments, including fines up to $10,000 per violation.

Construction may continue solely with respect to those employees that must be present at the business location/construction site in support of essential business activities. No other employees/personnel shall be permitted to work in-person at the business location/construction site.  Any other business activities being completed that are not essential are still subject to the restrictions provided by Executive Order 202.

As noted above, local governments, including municipalities and school districts, are allowed to continue construction projects at this time as government entities are exempt from these essential business restrictions. However, to the greatest extent possible, local governments should postpone any non-essential projects and only proceed with essential projects when they can implement appropriate social distancing and cleaning/disinfecting protocols. Essential projects should be considered those that have a nexus to health and safety of the building occupants or to support the broader essential services that are required to fulfill the critical operations of government or the emergency response to the COVID-19 public health crisis.”

12. Vendors that provide essential services or products, including logistics and technology support, child care and services including but not limited to:

On-line was changed to “online”

Real estate services shall be conducted remotely for all transactions, including but not limited to title searches, appraisals, permitting, inspections, and the recordation, legal, financial and other services necessary to complete a transfer of real property; provided, however, that any services and parts therein may be conducted in-person only to the extent legally necessary and in accordance with appropriate social distancing and cleaning/disinfecting protocols; and nothing within this provision should be construed to allow brokerage and branch offices to remain open to the general public (i.e. not clients).

The section on non-essential gatherings was re-written and now reads:

“Pursuant to Executive Order 202.10, all non-essential gatherings of individuals of any size for any reasons (e.g. worship services, parties, celebrations, or other social events) are canceled or postponed. Congregate services within houses of worship are prohibited.  Houses of worship may only be used by individuals and only where appropriate social distancing of, at least, six feet between people can be maintained. Further, individuals should not gather in houses of worship, homes, or other locations for religious services until the end of this public health emergency. If possible, religious leaders should consider alternative forms of worship, replacing in-person gatherings with virtual services, such as phone or conference calls, videoconference calls, or online streaming.”

The section on restrictions for requesting designation as an essential business was re-written and now reads:

“Pursuant to the Governor’s Executive Orders, the following businesses are specifically enumerated as non-essential and are, therefore, unable to request a designation:

Any large gathering or event venues, including but not limited to establishments that host concerts, conferences, or other in-person performances or presentations in front of an in-person audience;

Any dine-in or on-premise restaurant or bar service, excluding take-out or delivery for off-premise consumption;

Any facility authorized to conduct video lottery gaming or casino gaming;

Any gym, fitness centers, or exercise classes, except the remote or streaming service noted above;

Any movie theater;

Any indoor common portions of retail shopping malls with 100,000 or more square feet of retail space available for lease;

All places of public amusement, whether indoors or outdoors, including but not limited to, locations with amusement rides, carnivals, amusement parks, water parks, aquariums, zoos, arcades, fairs, children’s play centers, funplexes, theme parks, bowling alleys, family and children’s attractions; and

Any barbershops, hair salons, tattoo or piercing parlors and related personal care services, including nail technicians, cosmetologists and estheticians, and the provision of electrolysis, laser hair removal services.”

New Section 13. Recreation

Parks and other open public spaces, except playgrounds and other areas of congregation where social distancing cannot be abided

However, golf courses are not essential

However, use of boat launches and marinas for recreational vessels is not considered essential

New Section 14. Professional Services with extensive restrictions

Lawyers may continue to perform all work necessary for any service so long as it is performed remotely.  Any in-person work presence shall be limited to work only in support of essential businesses or services; however, even work in support of an essential business or service should be conducted as remotely as possible.

Share this content with your networks:

US Chamber Small Business Emergency Loans Guide – The U.S. Chamber of Commerce has issued this cheat sheet to help small businesses and self-employed individuals prepare to file for a loan.

US Chamber Guide to Employee Retention Tax Credit – The CARES Act created a new employee retention tax credit for employers who are closed, partially closed, or experiencing significant revenue losses as a result of COVID-19.

2020 The Small Business Owners Guide to the CARES Act

National Conference of State Legislatures – The U.S. Senate approved an estimated $2 trillion stimulus package to battle the harmful effects of the COVID-19 pandemic. The NCSL provides and overview of what’s included in the stimulus package.

Helpful “explainers” from Senator Jeff Merkley’s Office:

Share this content with your networks:
ALL SBA RESOURCESAdditional CARES Act ResourcesFor information on paid sick leave and expanded family and medical leave benefits, reference the U.S. Department of Labor’s guidance.For information on essential critical infrastructure workers, reference the U.S. Department of Homeland Security’s Guidance.For information on information on enhanced unemployment insurance benefits in the CARES Act, reference the Senate Finance Committee’s summaryFor information on the employee retention credit, reference Sen. Chuck Grassley’s helpful FAQ post.If you have remaining questions, check out our CARES Act Relief Resources FAQ or feel free to submit questions here.
OTHER COVID-19 UPDATESSeveral more states have issued stay-at-home orders, to the point where this affects more than two-thirds of the U.S. population. The National Governors Association has a comprehensive list of the actions each state has taken.On Sunday, President Trump announced that the 15-day social distancing guidelines issued on March 16 would be extended through the end of April.On Saturday, the Centers for Disease Control and Prevention (CDC) issued a “strong travel advisory” for the New York tri-state area. The latest travel warnings and advisories can be found on their website.A record number of Americans—3.3 million—filed unemployment claims last week. The previous high was 695,000. For more information on unemployment benefits, reference our CARES Act Relief Resources FAQ.On Thursday, the U.S. Department of Homeland Security announced that the REAL ID compliance deadline would be extended by one year, to October 1, 2021. While U.S. Travel praised the decision, we also cautioned that a longer extension may be necessary to ensure that implementation won’t further disrupt the American travel economy.If you have a colleague who would appreciate receiving this weekly newsletter, as well as our weekly coronavirus research newsletter and other COVID-19 communications, please have them sign up here.
U.S. TRAVEL RESOURCESU.S. Travel’s Emergency Preparedness and Response: Coronavirus toolkit contains the latest information and resources, along with messaging guidance on how best to respond to this evolving issue. It was last updated on March 30, 2020.Talking Points for Use with MediaGet the Facts: About COVID-19Coronavirus PowerPoint DeckA Guide for Communicating Healthy Travel PracticesU.S. Travel’s Crisis Readiness Playbook
AROUND THE INDUSTRY: RESOURCES & EXAMPLESThe Meetings Mean Business Coalition (MMB) announced recently that in light of COVID-19 meeting restrictions, travel guidance and social distancing policies, in-person participation in Global Meetings Industry Day (GMID) is being postponed to later this year. However, to keep the industry connected, MMB has created GMID Virtual to unite the industry online on April 14. They have provided three specific ways to get involved—more information on how to participate, as well as the full announcement, can be found here.U.S. Travel will be participating in a Skift webinar tomorrow, April 1, at noon ET to discuss the CARES Act and its implications for the travel industry. You can register here.Hotels across the country are turning their lights into a symbol of hope for the industry, including IHGHilton Garden Inn Downtown Colorado SpringsAtlanta Marriott MarquisFour Seasons Philadelphia, and several San Francisco hotels.Other destinations are sharing hopeful, uplifting videos to encourage unity in the industry and invite travelers back as soon as it is safe, including Niagara Falls USA and Visit Myrtle Beach.Over the weekend, Discover Puerto Rico put together a virtual “weekend getaway” on their website, with dance lessons, a cocktail making class and cooking demo, all online. Visit Norfolk also shared a list of ways to enjoy their city virtually, NYC & Company is offering virtual experiences across all five boroughs and Destination DC has created a page full of virtual museum tours, a live cherry blossoms camera, DC-related books, music and more.The COVID Tracking Project is an independent, crowdsourced data tracker that provides real-time updates on the spread of coronavirus in each state, including positive cases, cases that tested negative, pending cases and deaths.
Share this content with your networks:

Please take a few minutes to fill out this Otsego County Economic Business Impact Survey to help us better understand the needs of our local business community during the COVID-19 crisis.  We want to help you and the local business community in every way we can. We need your help in assessing the depth of the ongoing damage done by the COVID-19 crisis. By completing this economic impact survey, you’ll be providing the County with information that we can share with legislators, the media, and each other to understand our collective needs. 

Link: https://www.surveymonkey.com/r/otsegocovid19impact

Share this content with your networks:
Share this content with your networks:
There are lots of questions, competing information, and more. Our goal will be to help answer questions that you and your business are dealing with in the current crisis. This virtual event is free to attend. We welcome questions in advance so we can come prepared to answer them, but you are welcome to ask questions about your business or the current programs available to help during the event.
CORRECTED LINK:  Register Today
We learned over the weekend that the SBA Economic Injury Disaster Loan (EIDL) application has changed. Our team is gathering information about updates to the process. If you have already applied, your application is NOT AFFECTED by this change. Please stay tuned for updates.
The Federal Stimulus Bill passed into law on 3/27/2020.There is a great deal of information about the bill that is being shared that may not be accurate. Additional information will be available from our website as updates become available.
Need to Understand your Burn Rate? We can help.Companies that are currently shut down need to know their burn rate. How much money do you have to pay your bills for the next few days or weeks? When will it run out? Our advisors can help create cash flow projections and estimate the burn rate for your company. Connect with an Advisor
Share this content with your networks: