​
        Check status of Indiv. Stimulas (Economic Impact) pmt - here
               
        Sheboygan County Covid-19 Stats - here
            

  Concurrent Grant and Loan Applications Under the Cares Act:          
                                                                                                                                              I.S. pdf CARES Act overview for organizations here
                                                                                                                                              I.S. pdf What loan?  based on my business type here
                                                                                                                                            What employers need to know about Cares Act  here
​                                                                                                                                                                      Small-Biz-Loan-Guide-Checklist


   A) SBA ECONOMIC INJURY DISASTER LOAN APPLICATION (EIDL) info and paper application (Quick up to $10K loan)   -  Here  
         On line application -->   https://covid19relief.sba.gov/#/    at   www.sba.com     
​                Our Example of an EIDL application  click here   

   B) SBA PAYCHECK PROTECTIN PROGRAM LOAN APPLICATION (PPP) fillabe form:  PP Program
           PPP Borrower        Info sheet
​        Working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue

   C) SBA Express Bridge Loans- allows small businesses who currently have a business relationship with an SBA Express Lender to access up to              $25,000 with less paperwork

      Or in place of the PPP 
       EMPLOYEE RETENTION CREDIT - of up to $5000 based on wages paid 3/13/2020- 12/31/20.  info
          eligible for the credit are wages and employer provided health care costs
   ---------------
         It is best to apply with a bank you have an existing bank relationship with as an SBA Lender
                        If you have a bank contact we will send your application information to them.


Resource info on loans/grants:

US Chamber       EIDL   Guide
                                     Employee Retention Tax Credit Guide
                                     Emergency Loan  Guide and payroll calc

         https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses

        Use caution - watch out for Scams:    https://www.irs.gov/newsroom/tax-scams-consumer-alerts
















1Protect People, Your Team                                       3/24/20 Fay Wingrove CPA                           Resource Links below
           a   Stay safe - follow CDC, WHO guidelines                                                                                         
           b   Communicate with team frequently and with the right specificity
                             i.work remote option
                                  Check that employee contact info is current
                             iiyour co. time off and payment policy
                             iiiUnemployment filing
                             ivCheck HR Resources, business travel
                             vProtect yourself from undue stress and seek help if needed

  2Lead your organization and (delegate if and where needed)
           a  Determine if your organization fits with the Essential Business Type that can continue. Ck for WI guide.
                     communicate operation changes - to the public / your customers
           b  understand local, state, and Federal legislation as it may impact your organization / employees
                     Fed info
           c  understand legislation as it may impact your industry
           d  review and understand your industry/trade association guidance
           e  determine alternative, creative, innovative solutions
           f   seek input from your Advisors
                    Financial Team
                    BOD/Advisors
                    Legal Team

  3Understand Stress, Liquidity, and have contingencies
           a  understand plan options
           b  Identify variable that will affect revenue and cost.
           c  understand cash flow plan
           d  Assess your Options - "rainy day fund" / Line of Credit / Other
           e  Communicate with your financial institution support team

  4Communicate with Vendors
          a   change of supply needs
          b   payment deferral requests
          c   change of service provider needs
          d   change in leas/rental needs
          e   Other areas specific to your organization

  5Communicate with Customers
          a   Any product or service supply changes
          b   The post close down processes

  6Contingent and Continuation Planning
          a   review continuation plan
          b   update and review contingent financial options and scenarios
          c   Check insurance/agent for business interruption insurance
          d   Look into a WEDC resources
          e   Look into a SBA loan resources
          f    Look into Grant Resource

  7Demonstrate Purpose
              Lead as a purposeful example through trying times

Resouces/ info:

1a         https://www.dhs.wisconsin.gov/covid-19/index.htm
1bi        TeamViewer or Splashtop
1bii        your employee manual
1biii       https://dwd.wisconsin.gov/covid19/
1biv       https://www.shrm.org/resourcesandtools/legal-and-compliance/employment-law/pages/address-workplace-coronavirus-concerns.aspx?fbclid=IwAR3tz98hSm9znmYhKVXFvAqoQ9IImS3vkZ3uyKvRIRI8_KnJWgxwQuNM0XY
1bv        https://www.yogajournal.com/practice/healing-breathlocal therapist
2a          https://www.governor.ny.gov/news/governor-cuomo-issues-guidance-essential-services-under-new-york-state-pause-executive-order
2ai         http://sheboygan.chambermaster.com/events/details/local-business-operations-36258
2b          https://www.jsonline.com/story/news/politics/2020/03/23/wisconsin-gov-evers-order-what-nonessential-essential-wisconsin-businesses/2898162001/?fbclid=IwAR0L9xmphGT0LVYAqmqKovL5qiRH7wcq3S07X-nHw4Xz5IK6Oenk4tJRcNc
2bi         US Congress Family first Coronaviru relief bill
2c          https://www.forbes.com/sites/dimawilliams/2020/03/14/cities-and-counties-halt-evictions-to-fight-the-coronavirus/?fbclid=IwAR3bNUnZ8ZUs1CjUMpUk39C-o_dvh_v-ZwisSUB4EYBQ0epyUj78wFQ4i28#1711b8e914b8
2d        example -     https://www.aicpa.org/news/aicpa-coronavirus-resource-center.html
2e        examples -   distilleries making hand sanitizers for alcohol
6d         https://wedc.org/programs-and-resources/covid-19-response/
6e         https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
6f          https://www.facebook.com/business/boost/grant


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We know many of you are facing many difficult decisions on how to navigate these uncertain times.

  Know that our team is prepared to ensure limited disruption of client services and we will continue to be responsive to your organization’s needs.

  We are providing services remotely with limited in-person meetings. Stay Safe and Healthy    
                                        ~Fay
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