Business resources for dental offices during COVID-19 pandemic
We want emphasize that these business resources are to educate our members on options that will be available to them moving forward. Specifically the SBA loans that are mentioned in the resources are still in process in Ohio and are being moved through the process and should be available soon. Continue to monitor the situation, consume the information in these resources and consult with your human resource professional, accountant and attorney when considering implementing any of the options.
Coronavirus Unemployment Resources
for information from the Ohio Department of Job and Family Services (ODJFS) regarding COVID-19 related lay-offs.
Questions and answers about unemployment can be found here: http://jfs.ohio.gov/ouio/CoronavirusAndUI.stm.
This link addresses questions about who is covered under unemployment due to loss of business or closing of offices and answers questions about what employers can expect with their unemployment taxes.
Economic Injury Disaster Loan Program
The SBA provides low-interest disaster loans to help businesses and homeowners recover from declared disasters.
The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
COVID-19 Resources and Information for Dental Offices
to view current and updated information and resources about the Coronavirus for dental offices in Ohio.
When looking through these resources please understand that this is not business or legal advice. The goal of this communication is to give members resources to ensure that they are prepared when talking with their personal human resources staff, attorney or accountant. It is important to note that depending on your specific circumstances decisions about your business and employees can be different from others. Also, if you offer a benefit package the recommendations could be different for you. Please use this information to make informed decisions with you legal and human resource teams.