W&D Coronavirus Resource Center

The coronavirus (COVID-19) is causing challenges for businesses across the U.S. We have compiled a list of resources to help business owners, management and individuals navigate this unprecedented situation. 

This list will be updated regularly as the situation evolves and new relief initiatives are announced. Last Updated June 4, 2020 at 10:00 a.m.

Federal Coronavirus Relief

Paycheck Protection Program and Health Care Enhancement Act

The $484 billion legislation, which is being referred to as the Interim Stimulus Plan, amends the Coronavirus Aid, Relief and Economic Security (CARES) Act enacted in late March. Among other things, it provides additional funding to two loan programs designed to help small businesses slammed by the economic shutdown.  READ MORE. 

The Coronavirus Aid, Relief and Economic Security Act (CARES)

CARES was signed into law on March 27, 2020.  The $2 trillion CARES act includes thousands of dollars in direct payments to most Americans, and significant loan packages designed to help keep small businesses and corporations afloat.

Loan Programs

The Families First Coronavirus Response Act (FFCRA)

FFCRA was signed into law on March 18, 2020 and responds to the growing health and economic crises with provisions for paid sick leave, free testing, expanded unemployment benefits and more.  

COVID-19 Webinars 

On-Demand

Financial Resources and Loan Assistance

We have compiled a comprehensive, summarized list of COVID-19 emergency business loan assistance and disaster relief assistance at the Federal, State and City level.  VIEW HERE.

Loan & Disaster Relief Programs

Lay-offs and Business Continuity Planning

State Level Assistance

Since each state’s plan to assist businesses varies, the best thing business owners can do is check with their local governor’s office for the latest on state specific assistance, resources and updates. You can also check in with local small business organizations and agencies. Here is a list of state- and local-level small business resources to consult:

Tax Resources

Resources for Employers

Unemployment

Responding to Coronavirus

Preparing Workplaces for Coronavirus (COVID-19)

Midwest State Health Resources

 

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PPP Loan Forgiveness Just Became Easier

Late June 3, 2020, U.S. Senate passed the House version of Paycheck Protection Flexibility Act (PPFA), which makes significant changes to loan forgiveness rules.  Among the key provisions is a change in the threshold for the amount of PPP funds required to be spent on payroll costs to qualify for forgiveness to 60% of the … Read More »

SBA Releases PPP Loan Forgiveness Application & Instructions

The SBA and the Treasury Department have released the eagerly awaited Paycheck Protection Program (PPP) loan forgiveness application and detailed instructions.  The SBA explained that the application and instructions “include several measures to reduce compliance burdens and simplify the process for borrower.” The Application and Instructions do not answer all key questions, but a number … Read More »

The Fed’s Main Street Lending Program: Who’s Eligible?

Questions and Answers on the central bank’s $600 billion direct-loan program The Federal Reserve announced the creation of new lending programs to help businesses that need access to cash because of the coronavirus pandemic. The central bank said it will make as much as $600 billion in loans through the Main Street Lending Program, which … Read More »

Q&A For CARES Act Emergency Loans – Apply Now

The US Department of The Treasury issued late today a first round of guidance for the Paycheck Protection Program.  You can begin to apply as early as April 3rd.    See information HERE.   **IMPORTANT NOTE:  Please be cautious of potential scammers who may be reaching out to offer you assistance in applying for loans. Following is … Read More »

What’s in the CARES Act for You and Your Business?

Coronavirus Aid, Relief, and Economic Security Act (CARES): Critical Information for You and Your Business < Business Loans    < Business Tax Changes    < FFCRA Changes    < Individual Benefits    < Additional Provisions   The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the largest financial assistance Act ever, includes thousands of … Read More »

Are you eligible for unemployment insurance? Here’s what to know

Laid off or furloughed because of COVID-19? We answer your questions about unemployment benefits. Unemployment claims are soaring across the United States due to coronavirus-related layoffs and closures.  Americans are increasingly worried about how they are going to pay their bills as coronavirus forces businesses to close and costs millions of people their jobs. To … Read More »

COVID-19 Business Loans and Disaster Relief

Businesses have been hit hard by mandatory closures and safety measures required to slow the spread of the coronavirus (COVID-19).  Many of our clients are asking for guidance on loan assistance and disaster relief. But businesses have a growing number of resources and relief programs to turn to, including emergency funding from the government, protection … Read More »

What’s in the CARES Act for Nonprofits?

Coronavirus Aid, Relief, and Economic Security Act (CARES): What You Need to Know for Your Nonprofit   The CARES Act includes a number of provisions of relevance to non-profit organizations, including: (1) expanded eligibility for non-profits to apply for Small Business Administration (SBA) loans; (2) opportunities for larger non-profits to apply for relief under a … Read More »

Covid-19 Financial Relief: Families First Coronavirus Response Act

Families First Coronavirus Response Act (FFCRA) The Families First Coronavirus Response Act (FFCRA; “The Act”) was signed into law on March 18, 2020 and responds to the growing health and economic crises with provisions for paid sick leave, free testing, expanded unemployment benefits and more. FFCRA also generally requires employers with less than 500 employees … Read More »