Resources for Small Businesses, Nonprofits, and Employees

With all that’s happening in the world right now, we want to do our best to support our local businesses and employees. We have compiled an ever-evolving list of resources, so please check back often.

If you’re a local business in the Greater Nashua area and need answers to your questions, please email us with your query and we will attempt to connect you to the right resource.

And if you’re a Greater Nashua Chamber member, please join our new Members-Only Facebook group to share these things – and more! – directly as well. Plus, we have a new page to help you know how to support our local small businesses.

State of New Hampshire

  • If your business is experiencing disruption because of the COVID-19 situation, you should contact the State of NH Office of Emergency Management at 603-223-6169 or jic@dos.nh.gov. Taking this step will help inform state officials of the current economic impact of this situation and potentially accelerate the availability of disaster loans. Their website is here: http://bit.ly/3a0vcrD
  • The New Hampshire Department of Business and Economic Affairs (BEA) is actively monitoring the evolving situation with regard to the threat that COVID-19 presents to our state and reporting on their resource page. The health, safety and well-being of all residents and businesses is a top-priority and the actions the Governor has taken to limit the community spread of COVID-19 have not been taken lightly.

Resources for Businesses

  • SBA Daily Webinars: SBA Economic Injury Loan Program – Overview and Live Q&A. At these daily sessions, open to the public, they will offer an overview of the program and how to apply. Running from 3/20/20 through 4/3/2020 at 9am and 2pm. Click here to Join Skype Meeting, join by phone: +1 (202) 765-1264, conference ID: 522409519#.
  • NH’s emergency declaration has been approved by the Small Business Administration (SBA) so all NH counties are Economic Injury Disaster Loans (EIDL) eligible for businesses and nonprofits. Press release. Businesses and nonprofits requiring emergency capital are encouraged to complete the online loan application form. These loans have interest rates of 2.75% for nonprofits and 3.75% for small businesses for up to a 30 year period. The first $25k can be loaned without collateral, paid out immediately, and there is a 4-month deferment. Businesses do not have to prove that they sought other lenders first. For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov and website. To find SBA Lenders in NH: https://www.sba.gov/content/nh-participating-sba-lenders
  • If you are a Regional Economic Development Center (REDC) loan client and are experiencing economic disruption such as lost revenue, please contact them directly at 603-772-2655 or Laurel@redc.com to discuss payment relief, should that become necessary. Please reach out to anyone on the REDC team, if you want to discuss short term strategies to help bridge the gap until business gets back to normal.
  • New Hampshire Employment Security Workshare Program: Employers can temporarily reduce their workforce 10%-50% in a particular unit, shift or company and avert a layoff. They can then recall the employees when business increases. More information can be found here: https://www.nhes.nh.gov/nhworking/stay/index.htm
  • Public Health and Support: The NH Department of Health and Human Services (DHHS) provides services to ensure the health and well-being of citizens during a layoff. Dislocated workers can discuss healthcare options, apply for food stamps, cash assistance, medical assistance, childcare and medical savings. Individuals can apply online at: https://nheasy.nh.gov or by calling 603-271-9700.
  • NH Business Finance Authority (BFA)-CAP Program: The Capital Access Program (CAP) is a simple and flexible credit enhancement for small businesses utilized by New Hampshire banks. The CAP program provides support on term loans and lines of credit up to $200,000.00. The program can be used for temporary loans, working capital, equipment purchases and many long term uses. More information can be found here: https://nhbfa.com/loans/cap/
  • BFA Temporary Loans: Direct loans from the NH Business Finance Authority for any business purpose with a maximum of $200,000.00 and a maximum loan term of three years. Loans have flexible amortization schedules and are contingent on satisfactory underwriting. Loans require approval by the NH Executive Council. More information can be found here: https://nhbfa.com/contact-us/
  • NH Department of Revenue Offers Relief for Business, Interest & Dividends Taxes: In response to conditions caused by the COVID-19 pandemic, the New Hampshire Department of Revenue Administration (NHDRA) will grant automatic relief to Business Profits Tax (BPT), Business Enterprise Tax (BET) and Interest & Dividends Tax (I&D) taxpayers in the form of payment relief and expansion of automatic filing extensions and penalty safe harbors. Details of the relief are outlined in a Technical Information Release issued by NHDRA on March 30. Learn more here: https://www.revenue.nh.gov/publications/press/documents/dra-covid-nineteen-tax-relief.pdf
  • Ogden Newspapers Inc. $1 Million Dollar Fund: The grants, established by Ogden Newspapers Inc. (the parent company of The Telegraph and other publications), will provide up to $15,000 in advertising for qualifying businesses For more information and to apply, visit ogdennews.com/community-grant.
  • Eversource: In normal times, small business customers get up to three months for bill payment arrangements. To support small business customers through the COVID-19 crisis, Eversource is offering a $0 down payment and a 12-month payment arrangement, with the first payment not due until June 1. https://www.eversource.com/content/general/business
  • Small Business Owner’s Guide to CARES Act: The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain non-profits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA. Small Business Owner’s Guide to the CARES Act [final]
  • 4.3.20_New Hampshire Employment Security Scam Alert Related to COVID-19 Attorney General Gordon J. MacDonald and New Hampshire Employment Security Commissioner George Copadis urge New Hampshire citizens to practice increased vigilance when asked to provide personal information over the telephone or via email by entities claiming to provide unemployment benefits as a result of the COVID-19 outbreak.
  • SBA Coronavirus Pandemic Loans Comparison Guide: Editing is permitted, so if you see something that is not correct or current, please update it so that everyone can benefit from the most up-to-date info. This is a “live and dynamic” document, so will have up to date information. Shared by The Small Business Development Center (SBDC)
  • SBA PPP Lenders in NH Apr 2020
  • CARES Act Loans Comparison Infographic
  • 4.8.20_Attorney Generals COVID-19 Scam Alert Stimulus Payments
  • FAQs: Employee Retention Credit Under the CARES Act [source: IRS]

Resources for Nonprofits

Please make sure you share any changes to your service delivery with 211 so they can provide accurate and up to date information to community members calling for our help.

  • NH’s emergency declaration has been approved by the Small Business Administration (SBA) so all NH counties are Economic Injury Disaster Loans (EIDL) eligible for businesses and nonprofits. Press release. Businesses and nonprofits requiring emergency capital are encouraged to complete the online loan application form . These loans have interest rates of 2.75% for nonprofits and 3.75% for small businesses for up to a 30 year period. The first $25k can be loaned without collateral, paid out immediately, and there is a 4 month deferment. Businesses do not have to prove that they sought other lenders first. For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov and website. To find SBA Lenders in NH: https://www.sba.gov/content/nh-participating-sba-lenders
  • The Community Development Finance Authority (CDFA) is working with a variety of partners to assess the needs of municipalities, nonprofits, and businesses as they deal with the impact of COVID-19 on their organizations and communities. CDFA’s website also lists several resources available to NH nonprofits and businesses regarding impacts from COVID-19: https://nhcdfa.org/covid-19-resources/
  • The NH Center for Nonprofits is compiling information to share with government officials and private funders to ensure that nonprofits have access to the support needed for their organizations and those it serves. Nonprofits are encouraged to fill out this survey (very short): https://www.surveymonkey.com/r/LRNLGHP. Please share the survey with other nonprofit leaders so that the assessment of nonprofit needs is a comprehensive as possible.
  • United Way of Greater Nashua Emergent Need Funding Available to Nonprofit Agencies Serving Greater Nashua to Support Your Efforts to Address Extraordinary Expenses Related to Your Agency’s Covid-19 Response. They have established a fund that you can quickly apply to for help with extraordinary expenses. More information can be found at: https://unitedwaynashua.org/home/our-work/covid-19-response/
  • If you are in need of staff you can use volunteergreaternashua.org to access volunteers. Likewise, if you are closing operations and have staff you could re-deploy as volunteers, please connect with Sara Ceaser of the United Way at sceaser@unitedwaynashua.org.
  • NH State Council on the Arts: COVID-19 related impact surveys for the arts community and resources for artists, arts organizations, and grant writers : https://www.nh.gov/nharts/index.html
  • SBA Coronavirus Pandemic Loans Comparison Guide: Editing is permitted, so if you see something that is not correct or current, please update it so that everyone can benefit from the most up-to-date info.  This is a “live and dynamic” document, so will have up to date information. Shared by The Small Business Development Center (SBDC)
  • CARES Act Loans Comparison Infographic
  • SBA PPP Lenders in NH Apr 2020

Furloughed Employees

  • Self Employed Claimants: Just learned about this and it is good news. More information available at this page: https://www.nhes.nh.gov/index.htm ***Attention Self Employed Claimants *** If you’re Self Employed and have filed for unemployment benefits, you will receive a Denial Message that you may ignore. Your unemployment claim requires time to process as a result of you being Self Employed. You will receive from NHES a telephone call in order to obtain wage information to process and complete you’re unemployment claim.
  • The Residents page of the NH.Gov/Covid19 website has a variety of topics addressed. Governor Chris Sununu issued Emergency Orders 3, 4, 5 on March 17th to provide economic relief for Granite Staters affected by COVID-19.
  • Emergency Order #3: All providers of electric, gas, water, telephone, cable, VOIP, internet service, and deliverable fuel services will be prohibited from disconnecting or discontinuing service for non-payments for the duration of the State of Emergency.
  • Emergency Order #4: Landlords will not be allowed to start eviction proceedings for those unable to pay due to their financial situations. To do so would be against the law. All judicial and non-judicial foreclosure actions will also be prohibited during the state of emergency.
  • Emergency Order #5: Individuals who are unable to work or who have reduced hours due to the COVID-19 pandemic will have immediate access to unemployment benefits. Anyone in the following situations will now be eligible for state unemployment: If your employer temporarily closes due to COVID-19; Individuals that need to self-quarantine or are directed to quarantine at the instruction of a health care provider, employer or government official; Individuals that need to care for a family member that has COVID-19 or is under quarantine; Individuals that need to care for a dependent because of school closures, child care facility closures or other similar types of care programs; Self-employed individuals that are temporarily unable to operate their business because of any of the above listed situations will also be eligible. Please visit www.nhes.nh.gov or call 603-271-7770 for more information.

Cybersecurity

  • “Businesses are rapidly transitioning to remote workforces to combat the transmission of coronavirus. For those that already widely support remote work, that transition may occur fluidly. However, even businesses that are prepared in that way still should reinforce important cybersecurity principles.” Read more.