COVID-19 / Resources for Business
Employment Security Department
SharedWork is a smart alternative to a layoff. The program allows employers to reduce the hours of permanent and paid hourly employees by as much as 50 percent, and the employees can collect partial unemployment benefits to replace a portion of their lost wages.
Quarantine Standby If you need to shut down due to worker sickness and quarantine, you may request to place employees on standby for up to eight weeks and your employees can collect unemployment benefits without having to look for other work. ESD may grant standby for more than eight weeks if you make your request in writing and can show extraordinary circumstances. Under the new emergency rules, temporary shutdowns related to COVID-19 infection at the place of business that cause you to close or severely reduce operations are considered extraordinary circumstances.
Temporary Standby You may request to place an employee on standby for eight weeks and your employee can collect unemployment benefits without having to look for other work. If on standby, workers must accept any work you offer that they can do without breaking isolation or quarantine.
Department of Labor & Industries
Department of Revenue
Small Business Administration
Economic Injury Disaster Loan makes loans available to small businesses and private, non-profit organizations in designated areas of a state or territory to help alleviate economic injury caused by COVID-19. Loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. SBA will announce the application process in the coming weeks.
SBA Guaranteed Loans Loans guaranteed by the SBA range from small to large and can be used for most business purposes, including long-term fixed assets and operating capital. Use Lender Match to connect with an SBA-approved lender.
Export Working Capital Program SBA provides lenders with up to a 90% guaranty on export loans as a credit enhancement, so that the lenders will make the necessary export working capital available.Exporters can apply for EWCP loans in advance of finalizing an export sale or contract.
Centers for Disease Control & Prevention