Skip to content

COVID-19 Business Guidance

 

U.S. Small Business Administration (SBA) Coronavirus Small Business Guidance and Loan Resources
can be found here>>

 

SBA DISASTER LOAN ASSISTANCE

Small businesses are encouraged to apply for EIDL and then request an Economic Injury Disaster Loan advance of up to $10,000. The loan advance will provide economic relief to businesses impacted by the Covid-19 disaster and funds will be made available within 3 days and this loan advance will not have to be repaid.

Click here for more information>>

 

THE SMALL BUSINESS OWNER'S GUIDE TO THE CARES ACT

The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain non-profits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.

Click here to access the guide>>

 

COVID-19 Insurance Assistance Bulletin

March 23, 2020 Office of Consumer Affairs and Business Regulation

The Division of Insurance ("Division") issues this Bulletin 2020-05 to provide information to all Insurance Carriers ("Carriers"), regardless of the line of coverage, and self-insurance groups about the Division's expectations regarding steps they are to take to help address concerns about maintaining coverage and preserving the Massachusetts insurance market during the COVID-19 (also known as Coronavirus) public health crisis.

Click here to access the bulletin>>