We will post any and all updates in regards to the Coronavirus Response andhow it could affect and/or help our customers as we receive them.
A recent Executive Order issued by Governor Cuomo, together with recent amendments to the insurance and banking regulations issued by the New York State Department of Financial Services, extend grace periods and give you other rights under certain property/casualty insurance policies if you are an individual or small business and can demonstrate financial hardship as a result of the novel coronavirus pandemic. These grace periods and rights are currently in effect but are temporary, though they may be extended further. Please check the Department’s website for updates.
We have more information relating to this posted here.
The Pennsylvania Industrial Development Authority Board of Directors took action on March 23rd to make $61 Million available for working capital loans to small businesses across Pennsylvania with The COVID-19 Working Capital Access (CWCA) Program. To find out if you’re eligible and for more information about the CWCA Program here.
You can find your application location here.
Please note that this program has not yet gone live.
Empire State Development has issued vital guidance for the implementation of Executive Order 202.6 restrictions on non-essential business, and Executive Order 202.7, which increases the required staff reduction for non-essential business to 75%. Please click here to review this guidance.
If the function of your business is not listed in the link above, but you believe that it is essential or providing essential services or functions, you may request designation as an essential business. Please click here for the request for waiver form.
The Small Business Administration (SBA) has approved a statewide disaster declaration due to the Corona virus for many states including Pennsylvania and New York. Eligible small businesses may now apply for SBA Economic Injury Disaster Loans (EIDL) online at https://disasterloan.sba.gov/ela. There is free assistance offered by SBA’s network of Resource Partners to help with preparing loan applications: www.sba.gov/local-assistance.
The New York State of Health™ The Official Plan Marketplace and the New York State Department of Financial Services have opened a Special Enrollment Period from March 16 to April 15 for eligible, uninsured individuals and their families to enroll in a Qualified Health Plan for coverage beginning on April 1. The Special Enrollment Period is intended to encourage individuals to seek health care coverage during the COVID-19 pandemic.
You can access the Marketplace at https://nystateofhealth.ny.gov/. Please give us a call at 866-GANNONS if you need any assistance.