Cyprus-U.S. Chamber of Commerce, Inc.

COVID-19 Resources

The Cyprus - U.S. Chamber of Commerce is dedicated to supporting its members and community in  light of the COVID-19 outbreak.  To that end, this section provides links and documents to various resources that may be useful to its members. 

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General Information

Information on COVID19 from US Center for Disease Control.

What to Do If You’re Sick - One Page Download

This link includes some IMPORTANT announcements from the IRS and the Families First Coronavirus Act signed by President Trump on March 18, 2020.

 

This document highlights the Consumer Benefits provisions in the stimulus bill that should benefit the broad economy through assistance to consumers.

The Keeping American Workers Paid and Employed Act would provide $377 billion to help prevent workers from losing their jobs and small businesses from going under due to economic losses caused by the COVID-19 pandemic.

Small Business

US Small Business Administration - Coronavirus (COVID-19): Small Business Guidance & Loan Resources - Content: Economic Injury Disaster Loan Program, Guidance for Businesses and Employers, SBA Products and Resources, Government Contracting, & Local Assistance

Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19)

 

The bill authorizes $349 billion in loans for small businesses and nonprofits with 500 or fewer employees (with some exceptions).  Please read the relevant document for more information.

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.

NJ Specific

New Jersey has among the most comprehensive Earned Sick Leave, Temporary Disability and Family Leave Insurance laws in the country, which cover all employees – full-time, part-time, temporary and seasonal.

NYC Specific

Mayor Bill de Blasio announced on March 8 that the City will provide relief for small businesses across the City seeing a reduction in revenue because of COVID-19. Businesses with fewer than 100 employees who have seen sales decreases of 25% or more will be eligible for zero interest loans of up to $75,000 to help retain employees and ensure business continuity.

Moreover, if you have any specific questions that we may be able to answer or suggestions for adding more resources to our resource library, please fill out the relevant form.

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