Please be aware:  We are in contact with officials on many levels of government daily, and will aspire to provide our members and the business community of the Bedford County region with as much information as possible. The Chamber will update our website as we have new information and resources to share.  (Newest info at the top of the page – scroll down for info that has been posted earlier.)

Please also follow our social media platforms and daily email correspondence for the latest information.

May 21, 2020:  PPP Forgiveness Application Now Available.

PPP Forgiveness Application Now Available
The application for loan forgiveness for those who have received Paycheck Protection Plan (PPP) assistance is now available. To apply for forgiveness, you must complete this application and submit it to your lender (the lender who serviced your loan. You may also complete the application electronically through your lender. The form also outlines the documents you are required to retain.
PPP FUNDS STILL AVAILABLE
SBA Now Accepting New EIDL Applications for Ag Only
PPP, EIDL Apps to be Processed on First-Come, First-Served Basis
The Economic Injury Disaster Loan (EIDL) program, and the Paycheck Protection Program (PPP) have been replenished to provide assistance to small businesses.
LOCAL BANKS REPORT THERE IS STILL MONEY AVAILABLE THROUGH THE PPP PROGRAM.
CONTACT LOCAL LENDERS FOR ASSISTANCE IN APPLYING. (Some local banks are processing applications even if you are not their customer.)
Update: The SBA is processing EIDL loan applications that were already filed (prior to the previous depletion of funds) on a first-come, first-serve basis.
When (and if) they have processed the applications already in cue, the application portal will open to new applications (except for farms/ag who can apply now.)
We will monitor this situation and provide updates as they become available . If you already have an application filed under the EIDL program, updates may be available through a regional SBA office:
CONTACT INFO – SBA Regional Offices
Harrisburg Office: (717) 782-3840
Pittsburgh Office: (412) 395-6560
Reminder: PPP applications are filed through local lenders (banks, credit unions.) These are to be processed on a first-come, first-serve basis so if you plan to file an application, contact your local lender ASAP, as these funds are expected to again run out, but are still available at the tome of publication. If you have already filed with a bank (prior to the closing of the application process earlier this month) you may want to check back to be sure that your application is being filed if it was not already.

May 7, 2020: Chamber Releases Resource Guide for Businesses: Restoring Bedford County…Together

Updates Today: May 3, 2020

Small Business Guide and Checklist for CARES Act Assitance

THUMBNAIL OVERVIEW OF RESOURCE LINKS:

Centers for Disease Control and Prevention (CDC)

https://www.cdc.gov/media/index.html

U.S. Chamber of Commerce Resource Links: https://www.uschamber.com/coronavirus

Small Business Guide & Checklist for Coronavirus Emergency Loans 
EIDL Bochure
National Small Business Town Hall
Guide to SBA’s Economic Injury Disaster Loans 
Guide to Employee Retention Tax Credit 
PPP Loans FAQ Sheet 
National Return to Work Plan 
Save Small Business Fund – $5,000 small business grants 

Cares Act Resources (Paycheck Protection Program)

Assistance for small businesses designed to help businesses keep their employees working; applications go through local lenders (banks, credit unions, etc.)   https://home.treasury.gov/cares
Paycheck Protection Program Overview
Paycheck Protection Program Application to review
Paycheck Protection Program Fact Sheet for Borrowers
Paycheck Protection Program Fact Sheet for Lenders

PA Chamber of Business & Industry  Resource Link: https://www.pachamber.org/coronavirus/

Small Business Administration Loan Information (Family First Act & CARES Act)

https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
SBA Economic Injury Disaster Loan Application 
Preparing and Applying for an SBA Economic Injury Disaster Loan
Guide to SBA’s Economic Injury Disaster Loans

 

 

 

 

 

 

Click Here More information on working ON your business when you can’t work in it.

 

Additional Posts (Chronological)

April 14, 2020 – Join us for a Technology Town Hall with PA Senator Wayne Langerholc this Friday, April 17th at 1:00 p.m.  Chamber members have been sent the zoom credentials for this meeting.  If you would like to join and have not received the information, email Kellie Goodman Shaffer for more information.

 

April 13, 2020

 

April 8, 2020

April 5, 2020

 

April 4, 2020 – National Federation for Small Business Webinars Available On Demand

The NFIB has made recordings of all of their webinars concerning resources for small businesses dealing with the challenges of the COVID-19 crisis available on demand.

CLICK HERE TO VIEW WEBINARS.

 

April 3, 2020 – SBA Assistance for Farms.  Click here for details about loans/funding available to ag producers.

March 30, 2020 – 8am

As many of you are aware, the Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn.  Known as the “Paycheck Protection Program,” the initiative provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency.  Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.

Coronavirus Small Business Emergency Loans Guidance & Checklist
 
We are also recommending this article from Forbes that helps to explain the bill and its benefits for small businesses.

Please don’t hesitate to contact the Chamber if we can be of assistance.

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March 30, 2020 – Thank you  to Terri Johnson, CPA for sharing this e-newsletter with valuable info about the CARES act with us, including an individual stimulus calculator (for households), unemployment info and more:

Click Here for More Info.

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March 27, 2020

The CARES Act, passed by Congress, makes $349 Billion in capital available to small businesses immediately, with a particular emphasis on payroll.  (Including a “loan” that would be forgiven for 8 weeks of payroll up to $10,000.)  Additional loans will also be available, a.. can be requested even if you have applied for and/or been granted a previously-available disaster loan.  Community banks and credit unions can take inquiries and will be utilized by the federal government to assist in processing applications.  Apply online: sba.gov/disaster

Additional details are available here: CARES Act – Small Business Explainer

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March 24, 2020

The Families First Act:  Click here for clarification of information for employers and employees.

Downloadable pdf’s with information on the Families First Act requirements and benefits:

Families First Coronavirus Response.For Employees

Families First Coronavirus Response.For Employers

Families First Coronavirus Response.Q&A

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March 25, 2020: The Pennsylvania Industrial Development Authority (PIDA) Board of Directors took action today to make $61 Million available for working capital loans to small businesses. Small businesses are defined as for-profit businesses with fewer than 100 employees (WORLDWIDE) at the time of application. While not specified in the guidelines, the interest rate will be 0% except for Ag Producers, which shall have a rate of 2%.

All applications need to be submitted by and through a certified area loan organization.  BCDA is the CEDO (Certified Economic Development Organization) for Bedford County.   Tabitha Barbarito is the contact for this program.  Businesses may inquire at  tbarbarito@bcda.org

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Click Here for additional information available to businesses state wide from Small Business Development Center.

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Tips for Small Businesses to Plan for and Respond to Coronavirus

Health and government officials are working together to maintain the safety, security, and health of the American people.  Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy. For guidance and tips for your small business to plan and respond, please click here.

 Guidance for Employers – Click here to download CDC guidance for employers to plan and respond to the Coronavirus.

Workplace Tips – For workplace tips and resources for employers to combat the virus,  click here.

Corporate Aid Tracker – Click here to view our corporate aid tracker for details on how businesses are helping nationwide.

Resilience in a Box – If your business needs help putting a plan in place, click here to use the U.S. Chamber Foundation’s toolkit created in partnership with the UPS foundation.

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Links to Important Websites  with COVID-19 Information:

Shutdown Information for Businesses – Additional Info

Here is a downloadable pdf list of the defined “Life Sustaining Businesses” Life-Sustaining-Business

Employers with questions about whether their organization needs to close to contact DCED: ra-dcedcs@pa.gov.

Businesses that would like to seek a waiver should contact the state using this email address:

RA-dcexemption@pa.gov

     

 

The U.S. Small Business Administration, in addition to local funding partners, may also be a source of assistance for affected businesses.  The SBA has issued a disaster declaration for the state of PA. Businesses should visit:  http://sba.gov/disaster to apply for Economic Injury Disaster Loans (EIDL) or Paycheck Protection Plan Assistance (PPP) which will be applied for through your local bank.

 

 

Unemployment Compensation and COVID-19:  You may be eligible if your employer temporarily or permanently closes; your hours are reduced;  you’ve been told not to work to mitigate COVID-19; you’ve been told to quarantine or self isolate. https://www.uc.pa.gov/Pages/covid19.aspx

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Through the Chamber Choice partnership My Benefit Advisor (MBA) is available exclusively to Chamber members as a solution for employee benefits. MBA recently hosted a webinar for their clients to discuss the various benefits and business issues employers are facing during the COVID-19 outbreak. For more information about My Benefit Advisor or if you have any questions, contact us at (800) 377-3539 or chamberchoice@mybenefitadvisor.com

MBA has decided to share the recording of this webinar because of its importance and as an example of the guidance and support provided to our clients on a regular basis.

Listen/Watch to the MBA COVID-19 Webinar

Webinar Password: MBAWebex@2020

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Resources for Non-Profit Organizations:

The Community Foundation for the Alleghenies has announced a fund specifically designed to help non-profits deal with the challenges of the COVID-19 crisis.  Click Here to Read the Full News Release

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