COVID -19 Relief Options
COVID-19 Economic Injury Disaster Loan (EIDL) - https://www.sba.gov/page/disaster-loan-applications
You apply directly to the SBA for this loan (https://covid19relief.sba.gov/#/) and initially only need to provide basic company and owner information to get the process started. After the application is processed, you will need to furnish additional information (such as tax returns, personal financial statements, projections, and liability schedules).
Paycheck Protection Program (PPP) - https://www.sba.gov/funding-programs/loans/paycheck-protection-program
Find the application and more information here - https://home.treasury.gov/cares
You will need to work directly with your banker to facilitate this process.
- You should consider applying or directing employees that are not able to be employed by your business to the Nebraska Department of Labor (DOL) resources page. https://dol.nebraska.gov/pressrelease/details/141
- Nebraska DOL Unemployment Benefits - https://www.dol.nebraska.gov/uibenefits
- Federal Pandemic Unemployment Assistance - https://www.dol.nebraska.gov/webdocs/resources/items/federal%20covid-19%20programs.pdf
Paid Leave and Family Medical Leave - https://www.dol.gov/agencies/whd/pandemic
Starting April 1, employees affected by COVID-19 may be entitled to certain paid leave. Employers paying out this applicable leave are entitled to refundable payroll taxes to offset the cost of the leave.