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South Dakota Chamber Members:

May 20, 2020 - US Chamber PPP Forgiveness Guide

This morning, the U.S. Chamber published a new Paycheck Protection Program Guide to Forgiveness. Like our previous guides, this document provides businesses with an easy to understand explanation of what they need to do to apply for forgiveness of their PPP loans. Click here to download the guide. Please note, this guide will be updated as new guidance is issued by the Dept. of the Treasury. 

Also, we continue to update our Reopening Business Digital Resource Center as new state guidance is issued. Click here to access the resources center, and see below for more information.


US Chamber Resources

This week, as part of the Path Forward initiative, the U.S. Chamber unveiled its Reopening Business Digital Resources Center to equip America's business community with the latest state guidelines, sector-specific guidance, small business advice, and other tools and resources as we look to reopen safely and keep employees and customers healthy and informed.

In addition to the Reopening Business Digital Resources Center, and as you and your members face new questions and unprecedented new challenges, the U.S. Chamber has also created a comprehensive toolkit of key messages, example posts, and social media graphics for you to utilize while sharing the tools and resources with your local business communities and networks.


In response to the launch of the Reopening Business Digital Resources Center, U.S. Chamber president Suzanne Clark released the following statement:

“Any return to work must prioritize the health and safety of employees and consumers, and business owners across America need clear guidance at the federal, state, and local level on how to reopen their businesses safely and sustainably. The Chamber’s new resource center will help businesses as they prepare for a new normal, and how our nation’s public and private sectors manage this transition will determine how quickly we can stage an economic comeback."



In addition to the Reopening Business Digital Resources Center and the toolkit, please see below for additional new resources, invitations, and reminders from the U.S. Chamber.

Small Business Reopening Playbook

Click here to view the U.S. Chamber's new Small Business Reopening Playbook which provides in-depth information and resources for you and your members as you plan and prepare to reopen and get back to work.

Considering that reopening strategies will largely depend on the state and business type, this guide has consolidated federal, state, and local guidelines, industry specific resources, insights and strategies from leading experts, and more.



Legislative Update

Earlier this week, House Democrats introduced The Heroes Act.  The text of The Heroes Act, H.R. 6800, is here. A one pager on the legislation is here. A section-by-section summary is here. A resource on the state and local relief provisions is here.  The U.S. Chamber is not weighing in on this package in its current form, but we will engage when bipartisan negotiations are expected to occur in the future.  In the meantime, we are evaluating items in the package that we support, those that we oppose and items that we’d like to see included in a final deal.

Guides and Resources from the U.S. Chamber

The U.S. Chamber continues to create, update, and evolve its various guides and resources to continue bringing you and your members the information you need during this difficult time. We encourage you to continue utilizing and sharing the following items as you see fit:



Governor Noem's Back to Normal Plan

Guidelines for individuals and businesses, along with answers to common questions are included in this plan.  Click here to access the four page plan.

Checklist for Manufacturing Businesses

The South Dakota Department of Health recently released a checklist of safety measures for manufacturers. Click here for the list.


Paycheck Protection Program Funds Replenished

Congress approved another $310 billion for PPP loans and $60 billion for disaster loans last week, but experts say it likely isn’t enough to cover the demand.  The program is set to resume Monday, April 27 at 10:30 am ET, according to the Small Business Administration.  Click here for details.



This fund is for South Dakota small businesses and non-profits with 250 employees or less who have already experienced a direct financial impact related to COVID-19. This program has limited funds of $10.5 million and applications are being evaluated on a first-come, first-served basis.

South Dakota businesses impacted by the COVID-19 virus. All details and a loan application can be found here. GOED expects high demand for these loans. Applications will be evaluated on a “first come, first served” basis.




AVERA RESOURCES

The following provides resources for businesses. 

https://www.avera.org/app/files/public/76737/avera-covid19-toolkit-for-businesses.pdf

The following provides resources for individuals or families. 

https://www.avera.org/app/files/public/76732/covid19-toolkit-for-patients.pdf



CONGRESSIONAL RESOURCES & INFORMATION

Listen to Senator John Thune during the April 13 Sioux Falls Downtown Rotary Meeting

The U.S. Department of Labor’s Wage and Hour Division (WHD) published its first round of implementation guidance pursuant to the Families First Coronavirus Response Act (FFCRA).

The initial WHD guidance is available in three-parts:
March 26, 2020: Please find links to summaries on the Corornavirus legislation. 




LABOR AND HUMAN RESOURCES


Sign up for Department of Labor Newsletter:    https:/dlr.sd.gov/workforce_services/businesses/employer_connection.aspx



SD Department of Labor - UNEMPLOYMENT:

April 1 Updates from the Department

We have reviewed the first batch of questions you provided us regarding UI and COVID-19. Guidance is now posted at: https://dlr.sd.gov/ra/businesses/documents/covid_19_ra_guidance_businesses.pdf.


For the latest news on the relaxed requirements for unemployment insurance, go to . . .
https://dlr.sd.gov/news/default.aspx



SBA LOANS:
The Small Business Administration has made all states in the NW Region eligible for Disaster Assistance Loans.  See below for information specific to each state, and click here for the online application. 

·         Iowa

·         Minnesota

·         Nebraska

·         North Dakota

·         South Dakota



TAX ISSUES

Internal Revenue Service



THE LATEST HEALTH NEWS:

The South Dakota Department of Health (SD-DOH) continues to respond to the emergence of the novel coronavirus. We are working with the CDC and our healthcare partners across the state to protect South Dakotans from COVID-19.
For the latest information on the South Dakota go to https://doh.sd.gov/news/coronavirus.aspx#SD 




TELECOMMUTING:  Shared by Chamber member Microsoft
If SD businesses need help transitioning to telecommuting, here is guidance we put out based on our experience with COVID-19 in China and Italy, and with our employees.  

https://www.microsoft.com/en-us/microsoft-365/blog/2020/03/05/our-commitment-to-customers-during-covid-19/

There are tips for telecommuting down in the links. And businesses can leverage extended Microsoft Office 365 for their business through the crisis to enable collaboration during this period of remote work.



TRAVEL - SD DEPARTMENT OF TOURISM:


US CHAMBER OF COMMERCE:
The coronavirus pandemic is affecting small businesses in a variety of ways. From loss of business to remote work, things are changing fast during the COVID-19 outbreak and businesses are being forced to adapt. CO— is working to bring you the best resources and information to help you navigate this challenging time.

April 14, 2020 -Yesterday, the U.S. Chamber launched its new “Path Forward” program focused on how the nation can return to work following the current crisis.  You can learn more about this initiative in the letter we sent to all of our membersAdditionally, we will be hosting a series of webinars, which you can sign up for by clicking here.

Friday, May 8, 2020
 
Dear Midwest Chamber Friends –

We released a new guide today to help businesses navigate the Main Street Lending Program. This is a lending program separate from the PPP that is designed to assist businesses with up to 15,000 employees through government-backed loans. Click here to download the guide

Additionally, we have developed and published several other resources this week to help businesses in accessing available assistance programs, as well as navigate the maze of new guidance regarding the return to work. Those resources include: 

·         State-by-State Business Reopening Guidance

·         Report Examining COVID-19 Litigation Impact

·         Treasury Guidance for State, Local, and Tribal Governments

 

USDA Unveils tools to Help Rural Communities

WASHINGTON, April 13, 2020 – U.S. Secretary of Agriculture Sonny Perdue today unveiled a one-stop-shop of federal programs that can be used by rural communities, organizations and individuals impacted by the COVID-19 pandemic. The COVID-19 Federal Rural Resource Guide (PDF, 349 KB) is a first-of-its-kind resource for rural leaders looking for federal funding and partnership opportunities to help address this pandemic.

USDA has taken many immediate actions to assist farmers, ranchers, producers, rural communities, and rural-based businesses and organizations impacted by the COVID-19 pandemic. For more information on these actions, visit www.usda.gov/coronavirus.



US Department of Treasury

The U.S. Department of Treasury issued additional guidance yesterday regarding the Paycheck Protection Program. Links to the resources provided by Treasury can be found, or on their webpage.





USD Beacom School of Business Webinar Series
Webinars designed to assist business.  Webinars

 






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