Covid-19 Resource List
This is a message that the SBA, Office of Disaster Assistance sent out on July 1st to applicants who did not check the box for the EIDL Advance as part of the original EIDL application and whose loan status is either withdrawn or declined.
We are reaching out with good news regarding your Economic Injury Disaster Loan (EIDL) application for emergency economic relief due to the Coronavirus (COVID-19) pandemic. According to our records, you did not check the box to indicate that you wanted to be considered for the EIDL Advance of up to $10,000. However, the U.S. Small Business Administration is committed to help bring relief to small businesses and non-profit organizations still recovering from the economic impacts of COVID-19, so we are restoring your eligibility for the EIDL Advance.
Beginning next week, SBA will process your Advance using the information provided in your original EIDL application. The amount of your Advance is based on $1,000 per employee, up to a maximum of $10,000. As a reminder, the Advance does not have to be repaid and you do not have to qualify be approved for a loan in order to receive the Advance funds. Please note that if you also received a Paycheck Protection Program (PPP) loan from a participating lender, the amount of the Advance will be subtracted from the forgivable amount of the PPP loan (in other words, that portion of your PPP loan will not be eligible for forgiveness).
If we are able to verify and validate the information you provided in your application, your Advance will be automatically deposited into your bank account. If for some reason we are unable to successfully process your Advance, you will receive an email notification with a link to update your business and bank account information.
We haven’t entered Phase 3 yet but it’ll be here before we know it! Governor Northam addressed the details of this next phase last week and announced today that we’ll enter Phase 3 next month on Wednesday, July 1st 2020.
To get prepared, please review the Guidelines (Spanish Version here). They outline requirements and best practices for All Business Sectors, Social Gatherings, Restaurant and Beverage Services, Farmers Markets, Brick and Mortar Retail, Fitness and Exercise Facilities, Swimming Pools, Recreational Sports, Personal Care and Personal Grooming Services, Campgrounds and Overnight Summer Camps, Entertainment and Public Amusement, Religious Services, and Horse and Other Livestock Shows.
See Slides from Governor Northam’s Forward Virginia Phase 3 announcement here.
For our food producers, the main updates are:
- All parties, whether seated together or across multiple tables, must be limited to 250 patrons or less
- all parties must be separated by at least six feet, including in the bar area, (i.e., the six feet cannot include the space taken up by the seated guest)
- spacing must also allow for physical distancing from areas outside of the facility’s control (i.e., provide physical distancing from persons on public sidewalks)
- Buffets may be open for self-service:
- with continuous monitoring by trained staff required at food lines
- serving utensils must be changed hourly during peak meal times
- facilities must provide hand sanitizer at buffets
- employees and patrons must use barriers (e.g. gloves or deli tissue) when touching utensils
As always, please continue to keep your facilities well cleaned and sanitized, encourage social distancing and face coverings when feasible, promote good personal hygiene, post required signage in your restaurant, and practice routine monitoring of patron and employee health and symptoms (see the Guidelines for printable resources in multiple languages).
Please reach out if you have questions. We encourage you to either call our COVID-19 Hotline at (540) 316-6302, Monday – Friday, 8:30AM – 4PM, or you can email us at AskRRHD@vdh.virginia.gov
Families First Coronavirus Response Act Eligibility
Today WHD launched a new online tool that guides workers through a series of questions to help them determine if they are eligible for paid sick leave or expanded family and medical leave under the Families First Coronavirus Response Act (FFCRA).
Culpeper Cares Small Business Recovery Grant
On June 9th the Town of Culpeper, Town Council passed the Culpeper Cares Small Business Recovery Grant fund to support small businesses affected by COVID-19. The program is funded using federal CARES Act funds provided to the Town of Culpeper.
The program’s primary purpose is to provide immediate relief to small businesses impacted by the COVID-19 pandemic. The Town of Culpeper hopes to help small businesses remain in business through the COVID-19 emergency and address gaps that may exist among complementary programs.
Culpeper Cares will offer grants to qualified businesses that will not have to be repaid. The grant application process will begin in early July 2020.
Please see the attached, or visit: https://visitculpeperva.com/culpepercaressmallbusinessrecoverygrant.aspx to learn more about:
- Eligibility Requirements
- Grant fund eligible expenses (what the grant money can be used for)
- Steps to apply
- Required documentation
Below is a link to a COVID-19 grant to small business owners to help meet their most immediate needs. Eligible expense include:
- Paying rent and utilities
- Meeting payroll
- Paying outstanding debt to vendors
- Upgrading technology infrastructure
- Other immediate operational costs
Round 4 application period is now open. All applications must be submitted by Wednesday, June 17th at 11:59 PM ET.
Who is eligible?
We will support small businesses and enterprises affected by the COVID-19 pandemic across the country, especially those businesses in underserved communities owned and led by minorities and women – all groups who often lack access to flexible, affordable capital.
Applications will be reviewed based on criteria designed to prioritize particularly challenged businesses, and the final grantees will be randomly selected from the top scoring applicants.
Other Upcoming Webinars
Tuesday | June 23 | 8:30 – 9:30 am
Marketing Post COVID: Bringing Customers Back
Tuesday | June 30 | 8:30 – 9:30 am
Marketing Post COVID: Marketing in the New Normal
Tuesday | July 7 | 8:30 – 9:30 am
Marketing Post COVID: Advertising in the New Normal
Tuesday | July 14 | 8:30 – 9:30 am
Marketing Post COVID: Using Social Media to Tell Your Story
Diligent Compliance Webinar
Wednesday June 3rd 10am
“Preparing for the Next Normal: Business Continuity and Risk during Covid-19”
Wage and Hour Guidance and The Families First Coronavirus Response Act (FFCRA)
Wage and Hour Guidance and Compliance Assistance Materials
Resources for Employers
Call the Wage and Hour Division’s toll-free help line:
1-866-4-USWAGE (1-866-487-9243) / TTY: 1-877-889-5627
Monday-Friday 8 a.m. to 8 p.m. Eastern Time
Customize 4,270+ Coronavirus poster templates
Recovery Resources for Small Businesses
As Virginia businesses and communities look forward to safely reopen, the Virginia SBDC network, and your LFSBDC, have developed the Business Recovery webpage to help owners carefully plan for and execute their businesses’ new strategy.
These detailed guidelines cover a broad range of critical considerations. While business owners can use them by themselves, they were designed to ideally be used in collaboration with an LFSBDC business consultant.
Reopening a business under current circumstances requires owners to make a careful analysis of the current situation, their capabilities, and goals. They must recognize how the market and customer has changed- the same applies to businesses that were able to continue operations. Additionally, businesses will need to calculate the new operating costs they’ll incur with additional safety measures. It might also necessitate owners to re-imagine their business concept.
The Virginia SBDC’s consultations have a solid track record of helping business owners through such considerations.
People Inc. COVID-19 Forgivable Small Business Loans
U.S. Small Business Administration microloans are now available to small businesses affected by the COVID-19 pandemic in Northern Piedmont.
How does it work?
The SBA will make all payments – including principal, interest and fees – for six months following the closing date on any loan closed between March 27, 2020 and September 27, 2020. Microloans may be offered for any amount starting at $500 up to $50,000. They may be for terms from six months to six years. COVID-19 forgivable small business loans are available in all 16 Virginia counties and cities People Inc. serves.
Apply Now: Call 833-437-0115 Qualifying individuals must reside in Culpeper County, Fauquier County or Rappahannock County
FAQs for Businesses
Senior Guide to Mental Health During Coronavirus (COVID-19)
Chamber Town Halls
Technology Town Hall
brought to you by our partner, Windstar Technologies, Inc.
Financial Town Hall
brought to you by our partner, Germanna Community College
Medical Town Hall
brought to you by our partner, Wellspring Health Services
Facebook Inc. announced Tuesday that it will begin taking applications for its small business grant program in Virginia on Wednesday, April 22.
Thirty-one businesses in the Richmond region will receive a total of $125,000 in grants and 25 businesses in Northern Virginia will be awarded a total of $100,000 in grants. The grants average to around $4,000.
In order to receive grants, businesses have to be for-profit, employ between two and 50 workers, have been in business for more than a year, have suffered challenges from COVID-19 and be in or near a location where Facebook operates. There will be a special emphasis placed on investing in minority- and women-owned businesses.
Applicants will have two weeks from Wednesday, April 22, to apply before the deadline. It will take a few weeks to review applications, ask follow-up questions and announce grant recipients.
Culpeper Star Exponent
The Culpeper Star-Exponent is proud to announce the launch of our Local Marketing Grant program, which offers matching marketing funds to local businesses whose livelihood has been impacted by the outbreak of the COVID-19 virus.
The Star-Exponent has partnered with local businesses across our region to deliver their message to customers in both times of prosperity and in times of great challenge. While the coronavirus outbreak has created change and difficulties for us all, the ability of our local business community to market to their customers remains essential to their, and all of our, sustainability and recovery. Our company’s greatest assets, by far, are the local communities we serve and we’re firmly committed to supporting them through this grant program.
This program will be available to locally owned and operated businesses impacted by the COVID-19 virus, and will provide matching advertising grants for use in The Culpeper Star-Exponent and Culpeper News print and digital publications and services. This builds upon our existing commitment to our local business community through such successful initiatives as our Buy Local gift card program, and the We’re Open Directory.
Through our Local Marketing Grant program, we are enabling small business owners to access a much broader portfolio of marketing products. This program will allow us to take a far more comprehensive approach to overcoming the unique challenges our local business partners face as a result of this pandemic.
Grants will range from $250 to $15,000 each month, and will be awarded in April, May and June. Applicants may apply online at starexponent.com/pages/local-marketing-grant.html.
As a trusted source of news and information for the communities we serve, we feel that we are uniquely positioned to assist our local business community during these trying times. During the COVID-19 pandemic, we have seen record-setting trends in both pageviews and users who are accessing our content both in our printed newspaper and at starexponent.com. These audiences present a tremendous opportunity for our local business community to get their message out to local residents each and every day.
During these uncertain times, we believe each of us can do our part to help our community come through the other side of this pandemic stronger and more united to tackle the challenges ahead. We ask that you join us in supporting our local business community in the weeks and months to follow.
Two weeks ago, we launched our Support Local Now program, which provides a free online We’re Open Directory to local businesses that are open during the COVID-19 crisis, as well as a separate directory for those who sell gift cards.
We have been very pleased by the success of this new program, which has added over 100 businesses to the two directories. Thanks to our sponsors of this program and to all of the businesses participating.
PPP and EIDL
Today, Congress and the administration reached an agreement to replenish funding for the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) program following their rapid depletion in just two weeks. The bill has moved through the Senate and the House is expected to pass it on Thursday.
EIDL – An additional $60 billion has been added for the EIDL program, which 501(c)(6) organizations are eligible to access. Additionally, in the coming days, we anticipate more details on a Federal Reserve program that 501(c)(6) nonprofits may be able to access and we will share with you as soon as they are available.
PPP – An additional $310 billion for the PPP. Virginia Community Capital (VCC) has important information on how to apply to the U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP) now.
Follow this link for more information. Once funds are approved by Congress, the applications will be processed on a first-come, first-served basis, for those of you who did not apply in the first round, you need to apply now. Competition will be fierce!
Summary of the bill below.
FUNDING FOR THE SMALL BUSINESS ADMINISTRATION PROGRAMS
As of April 21, 2020
The bill increases funding for the Paycheck Protection Program (PPP) by $310 billion and the Emergency Economic Injury Disaster Loan (EIDL) program by $60 billion. However, the bill does not increase loan amounts or expand eligibility for PPP loans, including for any organization not already included in the CARES Act, such as 501(c)(6).
Specifically, the bill:
- Provides an additional $310 billion for the PPP, increasing the overall authorization for the program to $659 billion.
Of those funds, the bill sets aside:
o $250 billion for unrestricted PPP loans made through banks and credit unions of all sizes
o $30 billion for loans to be made by smaller banks and credit unions (with less than $10 billion in assets)
o $30 billion for loans to be made by mid-sized banks and credit unions (with assets between $10 billion and $50 billion)
- Provides an additional $60 billion for the EIDL program, with:
o $50 billion to EIDL loans (funds that must be repaid);
o $10 billion for Emergency EIDL grants (funds that may be provided as upfront grants).
o Clarifies that agricultural enterprises with less than 500 employees may receive EIDL grants and loans.
Southern Smoke Foundation
Emergency Funding Opportunity For Employees in the Food And Beverage Industry: Southern Smoke Foundation provides funding to individuals in the food and beverage industry who are in crisis.
The application process is completely anonymous. Only Southern Smoke staff will see an application in its entirety.
Please use the description area within the application to explain your individual crisis in as much detail as possible. Case Managers are assigned to cases based on the urgency of the crisis and not on a first-come-first-served basis. For instance, life-and-death cases are prioritized over car payment requests.
To qualify for emergency relief funding you must have worked in the food and beverage industry for a minimum of 6 months and an average of 30 hours per week minimum. Every applicant must show proof of such employment, so please have paycheck stubs and/or W2s available. Unfortunately, we are unable to make any exceptions.
Please have documentation available. If you are asking for help with your rent, please have your lease agreement available. If you need help with your utilities, please have your bills available.
Apply here >> https://southernsmoke.org/fund/
Be A Culpeper Local
Recession Proof Your Business – Free Ebook
U.S. Department of the Treasury, IRS and the U.S. Department of Labor announce plan to implement coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing coronavirus-related leave.
The U.S. Chamber of Commerce:
The U.S. Chamber has released a comprehensive resource kit for businesses. View the kit here.
Please find below a list of all of the most recent guides to the aid and programs being made available to assist businesses during the ongoing pandemic, including the newest guide to the paid sick and FMLA programs.
- NEW – Guide to Coronavirus Paid Leave Programs
- Coronavirus Emergency Loans Small Business Guide and Checklist
- Economic Injury Disaster Loan (EIDL) Program Guide
- Employee Retention Tax Credit Guide
- Coronavirus Small Business Guide
- Coronavirus Response Toolkit
For more U.S. Chamber information and resources, visit our U.S. Chamber page.
Support The Schools In Your Community
Many schools around the Commonwealth are in need of used CPUs and laptops to provide to students during distant learning. If your businesses has any of these items you would be willing to donate to a school in need, please contact our superintendent to learn how to provide these resources to your school district.
PPE Donations Needed to Support Healthcare Providers Responding to COVID-19.
The COVID-19 pandemic has resulted in dramatic increases in demand for critical medical supplies, in particular, personal protective equipment (PPE, such as N95 respirators or latex gloves). Due to this big increase in demand plus supply constraints of producers of those products, hospitals in Virginia are facing the prospect of shortages that could impact healthcare delivery. Virginia employers who may be able to donate these critically needed items (top priorities at the present time are surgical masks, N95 respirators, disposable medical gowns, latex gloves, ventilators, face shields, and COVID-19 test strips / test kits), please contact Stacie Neal, Branch Chief of the Planning Division at the Virginia Department of Emergency Management (VDEM), who will coordinate logistics. Stacie can be reached at firstname.lastname@example.org or 804-219-6359 (mobile).
Shop Small, Shop Local
Support the local, small businesses in our community!
- Buy a gift card to your favorite local businesses.
- Shop local online and choose shipping or delivery. Many businesses are offering free online shipping!
- Order delivery or contact-free pick up from local, independent restaurants in your community.
- If you are able, skip the refund on a local show or experience.
- If you are able, consider paying or even just tipping regularly scheduled services you are unable to use like a haircut, manicure, dog walking, or house cleaning services.
- Social media – leave a review, share their posts, or comment to increase engagement.
US Chamber offers Save Small Business Fund
Small businesses are the foundation of our communities and our economy. Employing nearly half the American workforce, they keep our neighborhoods running and make them feel like home. The impacts of the coronavirus pandemic have wrought unprecedented financial uncertainty. These businesses need resources and relief — and they need it now. That’s why the Save Small Business Fund, a grantmaking initiative funded by contributions from corporate and philanthropic partners, is providing $5,000 in short-term relief to employers across the United States. These one-time supplemental cash grants are for businesses that have between three and 20 employees and operate in an economically vulnerable community. The grant application will go live on Monday, April 20 at 12:00 PM PT/3:00 PM ET. To learn more about the Save Small Business Fund and to apply for a grant, visit savesmallbusiness.com. We’re in this together.
EIDL Programs temporarily closed
- Due to limited appropriations funding, the application portal for the EIDL–COVID-19 assistance program (EIDL loans and EIDL Advances) is temporarily closed.
- Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.
- SBA is processing EIDL applications as quickly as possible. SBA will provide those whose applications are approved with loans that will cover the business’s short-term working capital needs.
VA 30 Day FUND
Background: We are Virginians helping Virginians.
The COVID-19 crisis has put millions of small business jobs at risk impacting millions of families across our Commonwealth.
The nonprofit Virginia 30 Day Fund was launched by Virginia technology entrepreneur Pete Snyder and his wife, Burson. Working with other business leaders throughout the Commonwealth, the Fund’s goal is to help save as many Virginia jobs as possible while small businesses await recently approved federal funding.
Virginia businesses that qualify for assistance from the Fund are:
- Small businesses that employ three to 30 people;
- Based in Virginia and have been operating for at least one year;
- Owned and operated by a Virginia resident.
The funds dispersed to small businesses by the Virginia 30 Day fund do not need to be repaid. If businesses who receive the Fund’s assistance do, at a later date, wish to “pay it forward” to another Virginia small business in need of assistance, they may do so by directing those dollars back to the Fund, which will disburse the funding to another Virginia business in need.
Thanks to a $2.5 million investment from Verizon, LISC is offering grants to help small businesses fill urgent financial gaps until they can resume normal operations or until other more permanent financing becomes available.
Submit your logo or design to email@example.com. A shirt with your image will be created and posted on the Culpeper shop site – you promote it to your clients and we will market it on our end too! $10 from each shirt sale will be given to the associated business or nonprofit This is a wonderful way to support our local businesses and is a no cost opportunity for businesses who may have limited resources at this time.
The Virginia Career Works-Piedmont Region is proud to announce 25 reimbursement innovative aversion grants to address COVID-19 related effects on Small Businesses (250 or fewer employees). Businesses can apply for a grant to be used for the following
- Deep cleaning
- Sanitizing office space to prevent potential exposure to COVID-19
- Purchase specific software and/or computer applications that are needed to work from home or remotely to support social distancing
This funding effort is to help to provide some relief to small businesses during this crisis.
Grants will be awarded up to $3,000.00 on a first come first serve basis.
The Virginia SBDC network hosted a webinar to help you apply for Economic Injury Disaster Loans (EIDL) from the U.S. Small Business Administration. Funding is available for Virginia small businesses and non-profits.
For Businesses that are staying open, A guide for employers to plan and respond to Coronavirus.
Congress Passes the Coronavirus Aid, Relief and Economic Security Act (CARES):
Congress has now passed, and the President has signed, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which is a $2 trillion relief bill. The 800-plus page document contains thousands of provisions covering virtually every part of the American economy. The following is an overview of the CARES Act.
Cash to Americans through Direct Payments
- Cash payments to qualified individuals of up to $1,200 ($2,400 married), with an additional $500 cash payment available per child. Trusts and estates do not qualify for the rebate.
- Full payment is available for Americans making up to $75,000 (individuals) and $150,000 (married). This applies even for those who have no income, as well as those whose income comes entirely from non-taxable means-tested benefit programs, such as SSI benefits.
- The value decreases and then phases out completely for those making over the full payment income cap. Rebate amount is reduced by $5 for each $100 that a taxpayer’s income exceeds the phase-out threshold. Complete phase-out occurs with incomes exceeding $99,000 for single filers and $146,500 for head of household filers with one child, and $198,000 for joint filers with no children.
- For taxpayers who have yet to file their 2019 income tax returns, their 2018 returns will be used to determine their eligibility for the rebate. If no 2018 return has been filed, eligibility may be determined based upon their 2019 Social Security Benefit Statement or Social Security Equivalent Benefit Statement.
- The Internal Revenue Service will attempt to use the most recent banking information on file for taxpayers to distribute funds electronically. Should that fail, they will issue paper checks.
Small Businesses Assistance Provided by the Coronavirus Aid, Relief and Economic Security Act (CARES):
The Paycheck Protection Program, one of the largest sections of the CARES Act, is – for small businesses – one of the most important provisions in the new stimulus bill. This new program sets aside $350 billion in government-backed loans. The program is modeled after the existing SBA 7(a) loan guarantee program provided by the U.S. Small Business Administration (SBA). Currently, the SBA 7(a) program guarantees small business loans that are provided by a network of more than 800 lenders across the U.S.
The Paycheck Protection Program creates a type of emergency loan that can be forgiven when used to maintain payroll through June. The program expands the existing network of lenders so that more banks, credit unions and lenders can issue those loans. The Paycheck Protection Program:
- Incentivizes small businesses to avoid laying off workers and to rehire workers that were previously laid-off as a result of COVID-19 disruptions.
- Offers loans for small businesses with fewer than 500 employees, select types of businesses with fewer than 1,500 employees and for 501(c)(3) non-profits with fewer than 500 workers, as well as some 501(c)(19) veteran organizations.
- Self-employed, sole proprietors, and freelance and gig economy workers are also eligible to apply.
- Businesses must apply for the program through an approved lender.
- Businesses may qualify even without a personal guarantee or collateral, so long as they were operational on February 15, 2020.
- The maximum loan amount under the Paycheck Protection Act is $10 million, with an interest rate no higher than 4%.
- No personal guarantees or collateral are required for the loan.
- Lenders in the program are expected to defer fees, principal and interest for no less than six months and no more than one year.
- Some or all of these loans may be forgiven. Generally speaking, as long as the small business employer continues paying employees at normal levels during the eight weeks following the origination of the loan, then the amount spent on payroll costs (excluding costs for any compensation above $100,000 annually), mortgage interest, rent payments and utility payments can be combined and that portion of the loan will be forgiven.
- NOTE: If a business owner uses an SBA EIDL Disaster Relief loan for payroll, they will not be able to use the “Payroll Protection Program” forgivable loan for that same purpose.
Small Business Disaster Loans from the U.S. Small Business Administration
On March 20, 2020, the U.S. Small Business Administration (SBA) approved an SBA disaster declaration for the Commonwealth of Virginia. The disaster declaration allows SBA to provide assistance to Virginia businesses and nonprofits negatively impacted by COVID-19.
SBA’s Economic Injury Disaster Loan (EIDL) program can provide vital economic support to small businesses by helping to overcome the temporary loss of revenue they are experiencing due to COVID-19.
SBA’s EIDL program offers:
- Direct loans up to $2 million to businesses and nonprofits without access to available credit elsewhere.
- The interest rate on EIDL loans to businesses is 3.75%. The interest rate for nonprofits is 2.75%.
- The loans may be used to pay fixed debts, payroll, accounts payable and other business expenses. SBA offers loans with loan terms of up to 30 years in order to keep payments affordable.
- Loan terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.
- The Application Filing Deadline: December 21, 2020.
Recent Changes to SBA’s Economic Injury Disaster Loan Program:
The SBA’s EIDL program was extended to all small businesses affected by COVID-19, but the Coronavirus Aid, Relief and Economic Security Act (CARES) Act expands this program and makes it easier to apply.
Recent changes to the EIDL program include:
- EIDL loans are also now available to Tribal businesses, cooperatives and ESOPs with fewer than 50 employees.
- EIDL loans are also now available to all non-profit organizations, including 501(c)(6)s, and to businesses operating as sole proprietors or independent contractors.
- EIDL loans smaller than $200,000 can now be approved without a personal guaranty.
- EIDL loans can now be approved by the SBA solely on the basis of an applicant’s credit score.
Paid Sick Time and Family Leave Required by the Families First Coronavirus Response Act
The Families First Coronavirus Response Act (FFCRA) requires certain employers to provide their employees with paid sick leave and expanded family and medical leave for specified reasons related to COVID-19. These provisions will apply from April 1, 2020 through December 31, 2020.
Paid Leave Entitlements
- Generally, employers covered under the Act must provide employees:
- 100% for qualifying reasons #1-3 below, up to $511 daily and $5,110 total;
- 2/3 for qualifying reasons #4 and 6 below, up to $200 daily and $2,000 total;
- Up to 10 weeks more of paid sick leave and expanded family and medical leave paid at 2/3 for qualifying reason #5 below for up to $200 daily and $12,000 total.
A part-time employee is eligible for leave for the number of hours that the employee is normally scheduled to work over that period.
In general, employees of private sector employers with fewer than 500 employees, and certain public sector employers, are eligible for up to two weeks of full or partially paid sick leave for COVID-19 related reasons (see below).
Employees who have been employed for at least 30 days prior to their leave request may be eligible for up to an additional 10 weeks of partially paid expanded family and medical leave for reason #5 below.
Qualifying Reasons for Leave Related to COVID-19
An employee is entitled to take leave related to COVID-19 if the employee is unable to work, including unable to telework, because the employee:
- is subject to a Federal, State, or local quarantine or isolation order related to COVID-19;
- has been advised by a health care provider to self-quarantine related to COVID-19;
- is experiencing COVID-19 symptoms and is seeking a medical diagnosis;
- is caring for an individual subject to an order described in (1) or self-quarantine as described in (2)
- is caring for his or her child whose school or place of care is closed (or child care provider is unavailable) due to COVID-19 related reasons; or
- is experiencing any other substantially-similar condition specified by the U.S. Department of Health and Human Services.
Virginia Small Business State Taxes
Sales Tax Filing and Payment Extension & Penalty Waiver
Businesses impacted by coronavirus can request an extension of the due date for filing and payment of their February 2020 sales tax return due March 20, 2020, for 30 days. When granted, businesses will be able to file and pay no later than April 20, 2020 with a waiver of any penalties.
Income Tax Payment Extension & Penalty Waiver
Any income tax payments due during the time period of April 1, 2020, to June 1, 2020, will now be due on June 1, 2020. This includes individual and corporate income taxes paid to Virginia Tax.
Late payment penalties will not be charged if payments are made by June 1, 2020. However, interest will still accrue, so if you can pay by the original filing due date, you should.
All income tax filing deadlines remain the same, including the May 1, 2020 individual income tax filing due date. However, Virginia does already have an automatic, 6-month extension to file (7 months for certain corporations). If you file during the extension period, make sure you still pay any taxes owed by June 1, 2020 to avoid penalties.
USDA Commodity Food Program
VDACS has received a USDA waiver to allow for seniors over 60 participating in the USDA Commodity Food Program to receive their monthly food and to minimize physical contact during the COVID-19 outbreak. Participants are no longer required to sign for the food they receive. Additionally, participants are able to receive two boxes every other month rather than one box monthly. This will minimize the number of distributions without limiting the amount of food.
Individuals in the Commonwealth who are experiencing food insecurity are encouraged to visit this site to locate a food bank nearest to them.
- Get updated information about how the Commonwealth is responding and supporting Virginians impacted by the spread of coronavirus, or COVID-19
- For health information about coronavirus/COVID-19, visit the Center for Disease Control’s website
- To learn how the IRS is responding, and for information about federal tax relief, visit the IRS’s website.
- The US Department of the Treasury also has information
Paycheck Protection Program
If you are considering or plan to apply for federal stimulus financial relief via the Paycheck Protection Program (PPP), we want to make sure you have the following updated information in what is a rapidly developing application process:
- If you have an existing banking relationship, reach out now to get on their PPP list and so they will share with you the most updated information about how they are structuring their application process. We’ve confirmed that Blue Ridge Bank, Wells Fargo, and Atlantic Union Bank are participating.
- If you don’t have an existing banking relationship, please reference the SBA 7(a) lender list, but understand that some banks have made the decision to only work with current customers and if you register with a new bank there may be a delay in processing.
- The final PPP application will be different from the one that’s been circulating. It will include much of the same information so you may be able to transfer parts of it over BUT do not submit unless your bank confirms it is the final application.
- We’ve created a memo on financial relief available to nonprofits which we’ll be updating as often as we have reliable information. Please reference it as often as you can – perhaps mid-morning and mid-afternoon each business day.
- We will be hosting Virtual Town Halls every week in the month of April to support nonprofits seeking federal stimulus relief funds. All are welcome to join.
- Please continue to contingency plan as though you do not and will not have the funds because the need is greater than the funds available, and the funds will be provided on a first-come, first-served basis.
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.
Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.
Under this program:
- Eligible recipients may qualify for a loan up to $10 million determined by 8 weeks of prior average payroll plus an additional 25% of that amount.
- Loan payments will be deferred for six months.
- If you maintain your workforce, SBA will forgive the portion of the loan proceeds that are used to cover the first 8 weeks of payroll and certain other expenses following loan origination.
Resources / Documents:
- Paycheck Protection Program Borrower Application Form
- SBA Lender Link – https://www.sba.gov/paycheckprotection/find
- Paycheck Protection Program Interim Final Rule
- Click here to learn more
Virginia active 7a SBA lenders:
- NCB Financial Corporation
- National Credit Union Administration
- Virginia National Bank
- New Peoples Bank, Inc.
- Towne Bank
- Village Bank
- Blue Ridge Bank, National Association
- MainStreet Bank
- HSBC Bank USA, National Association
- John Marshall Bank
- Chain Bridge Bank, National Association
- Virginia Partners Bank
- VCC Bank
- Cornerstone Bank, National Association
- Oak View National Bank
- New Horizon Bank, National Association
- Capital One, National Association
- Atlantic Union Bank
- Navy FCU
- Northwest FCU
- Arlington Community FCU
- Langley FCU
- ABNB FCU
- Newport News Shipbuilding Empl CU Inc d/b/a BayPort CU
- Chartway FCU
- Pentagon FCU
- Park View FCU
- Freedom First FCU
- University of Virginia Community CU, Inc.
- The National Bank of Blacksburg
- Citizens Bank and Trust Company
- Central Virginia FCU
- The Bank of Southside Virginia
- American National Bank and Trust Company
- United Bank
- The Bank of Fincastle
- The Old Point National Bank of Phoebus
- Skyline National Bank
- Virginia Commonwealth Bank
- The First Bank and Trust Company
- Pioneer Bank
- Farmers & Merchants Bank
- The Fauquier Bank
- Citizens and Farmers Bank
- First Community Bank
- Business Finance Group, Inc.
Other Helpful Links
Culpeper Chamber of Commerce
629 Sperryville Pike
Culpeper, VA 22701