Taking our focus on care a step further, cleaning crews are spending additional time and attention to key areas at all locations including:
• Nightly disinfections throughout the facilities; sanitizing doorknobs, common areas, lobbies, etc.
• Extra Lysol/disinfectant spray and wipes for employees to disinfect their work areas.
• Hand sanitizers provided throughout the facilities.
• Latex gloves provided to all warehouse, assembly, shipping/receiving employees.
• Responsible social distancing as appropriate/needed, including split shifts.
We will do all we can to provide a high level of service, while ensuring the health and safety of our employees, customers, and partners. The good news is we are producing and shipping product on a daily basis to make sure we continue to fill your orders at the excellent performance level you expect from us.
To help you navigate the various resources, we are compiling a list throughout our industry to make it easy to find solutions to keep your business running smoothly. We want you to be aware of the kinds of assistance available to you during this uncertain time.
We will continue to update this information as it becomes available.
Payroll Protection Program (CARES Act)
Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act, to ease the economic impact COVID-19 on individuals and small business in the form of two programs. As a small business, here’s what you need to know.
The Economic Injury Disaster Loan (EIDL) is a government loan, not a bank loan. Designed to be more flexible compared to a traditional SBA loan, the EIDL provides small businesses with working capital loans up to $2 million with a low interest rate (3.75%) and terms as much as 30 years. This loan aims to provide economic relief to businesses that are currently experiencing a temporary loss of revenue.
To be eligible, there are a number of criteria including:
- Businesses with fewer than 500 employees
- Businesses in operation prior to January 30, 2020
- Businesses that meet SBA’s industry-based standard requirements for applicable NAICS code
In addition to low interest rate and favorable terms, other loan factors include:
- Deferred payments on the EIDL loan for one year
- Approval can be based on your credit score; first-year tax returns are not required
- Do not have to prove the ability to get credit elsewhere
- No collateral required for loans less than $25,000
- SBA will need access to review tax records
A $10,000 emergency loan advance or grant is available for eligible applicants. Upon approval, the funds will be distributed within three days. While there is no obligation to repay the grant, if you secure a Paycheck Protection Program (PPP) loan (see below), it will be subtracted from the forgiveness amount.
The Paycheck Protection Program offers small businesses and sole proprietors with funds to help maintain payroll for eight weeks. It can also be used to pay interest on mortgages, rent, and utility costs. Eligible companies may borrow up to 2.5 times their average payroll costs, up to $10 million. The PPP can be used for full- and part-time employees and contractors for salary, wages, commissions, or tips up to $100,000 annualized basis for each employee. Wages in excess of $100,000 are excluded.
We encourage you to visit the COVID19 Disaster Loan Assistance website for specific details and information that best suits your company. You can also reach the SBA by email at firstname.lastname@example.org or by phone at 1-800-827-5722.
CDC is offering FREE communication resources including video, fact sheets, and posters as well as social media toolkit. It is continually being updated.
The American Institute of Architects (AIA) dedicated resource center offers architects a way to navigate business and design from handbooks to webinars to best practices.
The National Ornamental and Miscellaneous Metals Association (NOMMA) is compiling a number of business assistance and guidance resources on its dedicated COVID-19 page including free webinars and communications examples.