CARES ACT- SMALL BUSINESS LOAN OVERVIEW

In response to the American economy reeling from the coronavirus (COVID-19) pandemic, the federal government recently signed into law the Coronavirus Aid, Relief and Economic Security Act (CARES Act). Among other provisions, the CARES Act provides businesses suffering under the debilitating effects of the pandemic with unprecedented access to emergency loans. This document will serve … Continued

How to Support your Employees During a Global Pandemic

As companies frantically try to adapt to the coronavirus pandemic, many HR teams find themselves with an alarmingly jam-packed workload. Employee interviews need to be postponed, telework policies implemented or adjusted, health and wellness protocols changed. And when everyone is in crisis mode, it’s easy to let a simple, but crucial, aspect of the job … Continued

Ask the Advisor: What’s the Difference Between a Furlough and a Layoff?

Question: What’s the difference between a furlough and a layoff? Answer: First, you should note that the language used when sending employees home for a period of time is less important than communicating your actual intent. Since temporary layoffs and furloughs are only used regularly in certain industries (usually seasonal), you should not assume that … Continued

SBA & TREASURY BEGIN UNPRECEDENTED PULIC-PRIVATE MOBILIZATION TO DISTRIBUTE FUNDS

  Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need. The CARES … Continued

Stop – Stay Home – Start Something

We are seeing so many changes to our work, personal, and social life due to the COVID-19 pandemic. While these changes can seem daunting and the obstacles they create insurmountable, this can be a time of healthy change. There is always the chance for good to happen when you stop, stay home, and start something. … Continued

CA executive order regarding evictions for renters- COVID-19

  Click this link to be taken to the executive order regarding the temporary pause on evictions through May 31st and under what circumstances it applies. Here are a few highlights courtesy of the City of Carlsbad. ****** State of CA exec order re evictions  **** Evictions halted until May 31 Statewide order For renters … Continued

San Diego Relief and support

Economic Assistance for San Diego Businesses Affected by COVID-19 To ensure the resiliency of local businesses and assist in job retention, the City of San Diego has established a Small Business Relief Fund (SBRF) to provide grants and forgivable or low- to zero-interest-rate loans to eligible small businesses for working capital. The goal of the SBRF is to help … Continued

Senate passes $2 trillion Covid-19 relief bill

Senate Passes $2 Trillion Coronavirus Relief Bill Late Wednesday, March 25, 2020—after days of debate—the Senate approved a $2 trillion economic rescue package designed to provide financial assistance to Americans and their families, and billions of dollars in loans for businesses. Voting in the House of Representatives is expected Friday. The package is the largest … Continued

List of Essential Critical Infrastructure Workers

March 20, 2020 On March 19, 2020, Governor Newsom issued Executive Order N-33-20 directing all residents immediately to heed current State public health directives to stay home, except as needed to maintain continuity of operations of essential critical infrastructure sectors and additional sectors as the State Public Health Officer may designate as critical to protect … Continued

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