Welcome to SEEC’s COVID-19 Business Resource Hub
In response to the Schoharie County COVID-19 Business Impact Survey, SEEC Associates have scoured the internet, sourced trade associations, government agencies and banking experts to present the latest and most credible information to help organizations and professionals BEST manage their business through this COVID-19, world pandemic crisis. Not only will business owners and not-for-profit leaders find resources here – so, too, will creative professionals, independent contractors, crafters and farmers.
June 17, 2020
SBA and Treasury Announce New PPP EZ Forgiveness Application
Revised Full Forgiveness Applications Also Available
WASHINGTON—Today, the U.S. Small Business Administration, in consultation with the U.S. Department of the Treasury, posted a revised, user-friendly Paycheck Protection Program loan forgiveness application implementing the PPP Flexibility Act of 2020. In addition to revising the full forgiveness application, the SBA also published a new “EZ” version of the forgiveness application
applying to borrowers who:
• Are self-employed and have no employees; OR
• Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
• Experienced reductions in business activity as a result of health directives related to COVID-19 and did not reduce the salaries or wages of their employees by more than 25%
“This is great news for small businesses,” said SBA Regional Administrator Steve Bulger, who oversees agency operations in the Atlantic and Mid-Atlantic regions. “The EZ application requires fewer calculations and less documentation, which makes the process much less intimidating. I’m sure this will go a long way toward improving access and helping us distribute the remaining PPP appropriations to support small business owners and their employees.”
Details regarding the applicability of these provisions are available in the instructions to the new EZ application form. Both applications give borrowers the option of using the original 8-week covered period (if their loan was made before June 5, 2020) or an extended 24-week covered period. These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan.
Click here to view the EZ Forgiveness Application.
Click here to view the Full Forgiveness Application.
Phase 4 Guidance is has been released by the Governor's Office
The Mohawk Valley entered Phase 4 on Friday, June 26th. Business Owners must read the detailed guidelines HERE and provide their digital signature affirming that they have read and understand the document.
The Phase 4 guidelines apply to non-essential businesses in regions that are permitted to reopen, essential businesses throughout the state that were previously permitted to remain open, and commercial and recreational activities that have been permitted to operate statewide with restrictions. If guidance has not yet been published for your specific industry, but you are permitted to reopen, please refer to the NY Forward Safety Plan template.
For help determining whether or not your business is eligible to reopen, use the reopen lookup tool HERE
Guidance for Phase 4 includes:
• Higher Education DETAILED GUIDELINES
• Low-Risk Outdoor Arts & Entertainment DETAILED GUIDELINES
• Low-Risk Indoor Arts & Entertainment DETAILED GUIDELINES
• Media Production DETAILED GUIDELINES
Please also review Statewide Guidance for:
• Childcare and Day Camps DETAILED GUIDELINES
• Religious and Funeral Services DETAILED GUIDELINES
• Dentistry DETAILED GUIDELINES
• Auto Racing DETAILED GUIDELINES
• Professional Sports Training Facilities DETAILED GUIDELINES
• Public Transportation DETAILED GUIDELINES
• Sports and Recreation INTERIM GUIDELINES
SEEC Announces $75,000 Resiliency Fund for the Schoharie County Business Community
Read the official press release here.
Click HERE to read Resiliency Fund Policy Guidelines.
Click HERE to download Resiliency Fund application
If you do not have a written business plan summary, please
All completed applications can be emailed to SEEC Executive Director Julie Paccatte at [email protected]
Changes to PPP loans may affect your Business
New York Forward Loan Fund (NYFLF)
Pre-Applications Available NOW!
Pre-applications are now available for the New York Forward Loan Fund (NYFLF), a new economic recovery loan program aimed at supporting New York State small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak and NYS on PAUSE.
Click below for more information about eligibility or to fill out a pre-application:
The Pivot to Reopening
Governor Cuomo outlined guidelines that will help regions create individual plans
based on facts and data to reopen New York.
Click here to view more
The state will monitor core factors to determine if a region can reopen.
The loosening of restrictions in New York will be considered on a regional basis, based on the following criteria. These criteria are designed to allow phased reopenings to begin in each region only if:
• The infection rate is sufficiently low;
• The health care system has the capacity to absorb a potential resurgence in new cases;
• Diagnostic testing capacity is sufficiently high to detect and isolate new cases; and
• Robust contact-tracing capacity is in place to help prevent the spread of the virus.
Regional Control Rooms
The regional control room will monitor regional metrics during the reopening process. These regional control rooms will monitor the hospitalization rate, death rate, number of new hospitalizations, hospital bed capacity, ICU bed capacity, testing and contact tracing within its region during reopening and alert the state if the region's metrics no longer meet the reopening guidelines and adjust the reopening plan for that region accordingly.
We are pleased Schoharie County Supervisor Federice/Chairman of the Board is representing Schoharie County.
Latest Information from the SBDC
(Small Business Development Center)
Ecomonic Injury Disaster Loan and Advance Programs
Re-Opened to New Applications
The SBA has re-opened the Economic Injury Disaster Loan (EIDL) and Advance (EIDL Advance) Programs to new applications. To access the application, click on the button below:
Who should apply:
1. If you have not previously applied to the Economic Injury Disaster Loan (EIDL) program before and would like to be considered for an EIDL Loan or the EIDL Advance.
2. If you applied between March 19th and March 30th in the original application portal or document upload and have not received an EIDL Advance or Loan.
3. If there was an error in your original EIDL application.
Who should NOT apply:
1. If you have already been awarded an EIDL Loan and Advance.
2. If your EIDL application has been reviewed and declined.
If you need assistance with your EIDL application, please go to www.nysbdc.org, click on make an appointment and submit the form. Once the form is received, a business advisor from the Small Business Development Center will be assigned to assist you.
SBDC-U Albany Webinars
SBDC U-Albany will be hosting a series of webinars featuring NY Phase III guidelines for business and restaurants and PPP updates. On-demand webinars of past presentations are also available.
SBDC COVID-19 Small Business Resources
Contact the Albany Small Business Development Center (serving Albany, Columbia, Fulton, Greene, Hamilton, Montgomery, Rensselaer, Saratoga, Schenectady, Schoharie Warren and Washington Counties)
Business Tip of the Week:
Five Things NY Business should be doing ahead of ReOpening: 1. Manage Your Cash Flow. 2. Prepare Your Workforce. 3. Identify Profit Drivers. 4. Streamline Your Processes. 5. Find Ways to Innovate. For the full Albany Business Review article click here.
The Schoharie County COVID-19 Business Impact Survey revealed most businesses reported immediate “Utility Relief” was necessary. Not only has the Public Service Commission mandated protections for businesses and individuals during this crisis, many utilities have risen to the occasion ensuring students and workers have the resources they need. If your business has not done so already, contact your service provider to make service and payment arrangements.
Access to Capital
Government Representatives Resource Guide