Here in Bristol we appreciate the essential contributions small businesses make to Bristol’s economy. This page has been established to provide Bristol businesses and nonprofit organizations with resources and information regarding the Coronavirus (COVID-19). We will continue to add relevant information as it becomes available.
Click on the link below for the latest information from the State of Connecticut regarding guidelines and sector rules for businesses.
Employers who are furloughing workers can use the Department of Labor’s shared work program, which allows businesses to reduce working hours and have those wages supplemented with unemployment insurance. DOL has more information about these and other changes, click here to view the frequently asked questions.
As part of the CARES Act, most workers who were previously ineligible for unemployment insurance will now be eligible for benefits. Through the Pandemic Unemployment Assistance (PUA) program, newly eligible individuals include self-employed workers, independent contractors, and gig economy workers who are unemployed as a result of the coronavirus pandemic are eligible.
The American Job Center is providing job training scholarships and job placement support through their Call Center Hotline at 860-406-3374. Assistance is also available for those who are looking for a job, changing careers, or want to move ahead.
Call Center Hours are Monday thru Friday, 9:00AM-4:00PM EST. During these hours, callers will have the ability to choose from one of four options:
Press 1 for Employers Seeking Assistance
Press 2 for Job Seekers
Press 3 for General Information on Unemployment Compensation
Press 4 for Assistance in Spanish
FREE Online Learning Program
The SkillUp CT Program allows Jobseekers to upgrade skills from their home and is for any resident who is unemployed during the COVID-19 pandemic. This at-home learning program offers free online job training and access to 5,000 courses in information technology (IT), business analysis, customer service and project management, just to name a few. To find out more or enroll in the program click here.
The Economic Development Administration (EDA) at the U.S. Department of Commerce, is allowing Community Investment Corporation (CIC) to offer loans for small businesses in need of assistance due to factors related to the economic impact of COVID19. For more details about this program, eligibility requirements, and to apply for funds, visit the CIC website.
Businesses and nonprofit organizations experiencing hardship as a result of COVID-19 can now apply for Small Business Administration (SBA) low-interest loans for working capital of up to $2 million. Visit the SBA website to apply and for additional disaster assistance information. For help with applying call the SBA Customer Service Center at (800) 659-2955, you may email firstname.lastname@example.org or call the CT DECD Business Hotline at 860-500-2333. Individuals who are deaf or hard-of-hearing may call (800) 877-8339. Completed applications mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
Agricultural businesses are now eligible for SBA’s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. Funding has been authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act. The legislation provides additional funding for farmers and ranchers and certain other agricultural businesses affected by the Coronavirus (COVID-19) pandemic.
Visit the SBA’s website to learn more about how eligible agricultural businesses can apply for an Economic Disaster Loan advance of up to $10,000.
U.S. Congress passed a bipartisan bill that makes several important changes to the Paycheck Protection Program (PPP). The Paycheck Protection Flexibility Act eases some of the program’s restrictions, giving small businesses more time to use their loans and letting borrowers spend more of their loans on non-payroll expenses.
Key changes to the PPP include:
The new legislation also includes a number of updates and exceptions related to loan forgiveness, the rehiring of employees, and the payment of payroll taxes. The State of CT encourages businesses to read the new legislation and work with a financial professional to ensure they fully understand the updated requirements.
While demand for PPP loans has slowed, there is still funding available. More information can be found on the SBA website, including a list of lenders that are still issuing PPP loans.
The Paycheck Protection Program stopped accepting applications as of August 8, 2020.
Simplified PPP Loan Forgiveness Form
The Small Business Administration and Treasury Department has released a simpler loan forgiveness application for loans under $50,000.
Small Business Owner’s Guide to the CARES ACT
The United States Congress approved the Coronavirus Aid, Relief, and Economic Security (CARES) Act to provide the country with relief from the impact of COVID-19. For a guide about how the act will impact small businesses, click here.
Connecticut businesses are encouraged to apply for SBA Disaster Assistance loans, found here also visit the U.S. Senate Committee on Small Business & Entrepreneur website to stay up to date on the latest information for additional Federal Stimulus packages.
DECD’s COVID-19 Business Emergency Response Unit
The Connecticut Department of Economic and Community Development has created a COVID-19 Business Emergency Response Unit dedicated to assisting businesses navigate resources and develop new resources. A dedicated phone line is has been set up at 860-500-2333 to provide assistance to Connecticut’s small businesses and nonprofit organizations for this purpose. Or you may email: email@example.com
The Department of Revenue Services has extended deadlines for filing and payments associated with certain state business tax returns. Details are on Department of Revenue Service’s website.
Main Street Community Foundation (MSCF) has established the COVID-19 Response Fund to help mobilize the necessary resources to support the current emerging needs. With this Fund, MSCF hopes to rapidly deploy flexible resources to help in areas affected by the coronavirus outbreak. This fund is designed to give added support to those community organizations meeting the basic needs of local residents in Bristol, Burlington, Plainville, Plymouth, Southington, and Wolcott.
Help Those Right Here in Your Community – DONATE NOW!
MSCF encourages individual donors, companies, and other funders to contribute to the COVID-19 Response Fund. MSCF will work in partnership with town governments and other funders to ensure the Fund has maximum reach and effectiveness. To help your community during this crisis, please consider donating to the COVID-19 Response Fund here.
Visit the For Our Community Page to see additional community response funds that have been established.
Click here for information about the Coronavirus from the City of Bristol.
Click here for the latest updates from the Central Connecticut Chambers of Commerce
Bank of America
Solutions, support, and advice you need to manage your personal finances and to navigate the volatility of the market. LEARN MORE
Offering fianancial hardship relief for both its personal and business customers. LEARN MORE
People’s United Bank
Banking support for customers and the community. LEARN MORE
Assistance for Retail and Business Banking customers is available. LEARN MORE
Support for those that have been affected by COVID-19. LEARN MORE
Thomaston Savings Bank
If you are currently experiencing, or expect to experience, financial hardship as a result of COVID-19, Thomaston Savings is stand ready to support the people and businesses in our community throughout the duration of this event. LEARN MORE
Support for consumers and businesses facing financial hardship due to the economic impact of COVID-19, as well as additional funding for local community organizations. LEARN MORE
If you are a small business and would like to inform the community of your plans about your business (i.e. closure, reduced hours, or special accommodations you may be making to continue doing business) fill out the form below and we will add it to the Community page and will make sure we keep it up date as things change.