WE ARE HERE TO HELP
Idaho Small Business Development Center consultants are available and committed to working with your business, answering questions, providing resources, and advocating for you during this unprecedented period.
Currently, each of our Centers across the state are open for business, although due to current social distancing measures, all meetings will be virtual by phone or video conference. opens in a new windowPlease request an appointment here.
Please opens in a new windowcomplete this survey to let us know how COVID-19 has affected your business. The information we gather helps inform our government about what support is needed here in Idaho.
Idaho SBDC Information
Our one-on-one consulting services will continue as scheduled. However, all Idaho SBDC employees are taking individual accountability to protect themselves and others from contracting and spreading COVID-19.
Training Events and Workshops
To minimize the health and safety risk to our customers and employees, and prevent the further contraction and spread of the Coronavirus, all face-to-face Idaho SBDC-sponsored training events and workshops schedule will either be canceled or moved to remote instruction. Check with your local SBDC center for training details.
Important Notice: Our employees are monitoring customers, colleagues, and themselves for signs and symptoms of illness, and, when appropriate, are taking appropriate action, including reserving the right to cancel your appointment should they believe they are at risk. To safeguard you – our customer – and our employees, please stay home and care for yourself if you are ill or have been around anyone who has been ill.
Current COVID-19 Resources
Idaho Rebounds Information
Governor Little has announced Idaho is reopening in stages and that there is money available for Idaho Small Businesses. Additionally, the State of Idaho is assisting businesses to have access to personal protective equipment (PPE). Find out more with the below links:
CARES Act Information
This is a comprehensive guide to the aid packages for Small Businesses passed by the U.S. Government in response to the COVID 19 Pandemic. This information includes overviews of the following:
- opens in a new windowGuide to the Cares Act The Government will cover your loan payments on existing non-disaster related SBA loans
- opens in a new windowSmall Business Tax Credit Program: This provides certain payroll tax credits for eligible businesses dialing with the COVID 19 pandemic.
- opens in a new windowIRS Employee Retention Credit: Tax credits of up to $10,000 for employers who can show a significant decline in gross receipts due to COVID-19.
- PPP Loan Forgiveness Charts: The SBA has recently launched its PPP Loan Forgiveness application portal for all banks and lenders to start processing applications for PPP loan forgiveness. To help clarify the process, the Idaho SBDC has developed several informational charts as a resource to supplement our free expert-guided PPP webinars. These charts cover needed forms, documents and timelines, and all three charts are free to reference.
Learn More By Clicking Below:
The U.S. Department of Treasury CARES Guide
The U.S. Senate Committee of Small Business & Entrepreneurship CARES Guide
Federal Resources for Small Businesses
This website provides an overview to different federal resources available to help small businesses through the COVID-19 pandemic.
Disaster Recovery Loans
For the first time in our Nation’s history, all 50 states have declared a state of emergency. This enables Federal Disaster Assistance to be available to businesses impacted by COVID 19. The Economic Individual Disaster Loans (EIDLs) are processed through the SBA. The current wait time to receive a decision is 14-21 days.
Federal Reserve Main Street Lending Program
The Main Street Lending Program is a program announced on April 9, 2020, in which the Federal Reserve will purchase loans that banks give to small and mid-sized businesses. Minimum loan size of $250,000. Learn more about the program below:
Sick Leave Tax Credits
The US Government passed legislation that gives assistance to businesses needing to cover sick leave and other employee costs. This assistance is largely geared towards helping businesses pay for the large amount of sick leave and FMLA leave employees will need related to the COVID-19 Pandemic. Learn more about this business relief package.
Pandemic Unemployment Insurance
The Idaho Department of Labor is facilitating Pandemic Unemployment Assistance, which gives Idaho Sole Proprietors and Independent Contractors access to unemployment benefits. Learn more about that process below:
USDA Assistance for Rural and Agricultural Based Businesses
The USDA has special programs available to Rural and Agricultural based businesses in Idaho. To learn more click below:
COVID-19 in Idaho
Learn more about how COVID-19 is affecting Idahoans and what our State Government is doing to fight it. This site includes the current statistics on how many Idahoans have the virus, school information, FAQs, and other information specific to Idaho. Learn more below:
General COVID-19 Safety Information
Despite cases continuing to rise, it’s not too late to take proactive steps to protect your business, employees, and customers. Get the most up to date information from the CDC on how to take care of yourself and others during the COVID 19 Pandemic.
Previous COVID-19 Resources
The deadlines for these resources has passed, however, many still have important information.
Idaho Rebounds Information
Governor Little has announced Idaho is reopening in stages and that there is money available for Idaho Small Businesses. Find out more with the below links:
CARES Act Information
PPP applications closed on August 8th, 2020.
- opens in a new windowPayroll Protection Program Loans: Low-interest loans with a loan forgiveness component when used on payroll expenses.
- Download More Information for Borrowers: PPP Memo from SBA
- Download the Loan Application: opens in a new windowPPP Borrower Application Form
- How to Calculate Your PPP Amount: opens in a new windowHow to Calculate PPP Amount
- PPP Flexibility Information: opens in a new windowPPP Flexibility Information