OEA Covid Update NEW!! OEA Relief Funds Open
OEA has now opened the Relief Funds for part-time faculty who suffer class cancellations this term. Could you post a note on the LCCEA-COVID page with a link to the OEA application at:
All part-time faculty who are LCCEA/OEA members and who have had any classes cancelled or hours reduced for Spring are eligible to request up to $1000 from this fund to offset expenses such as rent, food, childcare, other bills, etc.
Payroll Protection Program for Small Business Owners and Sole Proprietors.
Small businesses and sole proprietorships affected by the coronavirus pandemic can apply for loans under the federal Paycheck Protection Program (PPP) beginning TODAY Friday, April 3 2020.
The application can be found here on the Treasury site: https://bit.ly/2xKABF5
Details for borrowers and lenders can be found there too. Treasury urged those in need of funding to apply quickly, noting that the program has a cap and demand is likely to be high.https://bit.ly/39GVYV8
Loan forgiveness is based on the employer’s maintaining or quickly rehiring employees and maintaining salary levels, Treasury said in its overview documents. Forgiveness will be reduced if full-time headcount declines or if salaries and wages decrease.
PPP funds can also be used to pay interest on mortgages, rent, and utilities. Treasury noted that due to likely high demand for the program, at least 75% of the forgiven loan amount must have been used for payroll.
Loan payments will be deferred for six months. No collateral or personal guarantees are required. Neither the government nor lenders will charge small businesses any fees.
An employer who receives a loan under the PPP is not eligible to also claim an employee retention credit under the CARES Act. The employee retention credit gives eligible employers whose business operations are fully or partially suspended due to the COVID-19 pandemic a credit against employment taxes equal to 50% of qualified wages (up to $10,000 in wages) for each employee.
PPP Borrower Information Document: https://bit.ly/2V1LVVg
PPP Lender Information Document: https://bit.ly/3dVjv7W
PPP Loan Application Form: https://bit.ly/2X3SzNv
Oregon Food Resources Pandemic Webinar
Also, some information about assistance for food insecurity
Oregon’s Food Resources: COVID-19 Pandemic Webinar Series
How do you find the food resources you need during the COVID-19 pandemic?
This upcoming webinar series will answer your questions about food resources during this COVID-19 pandemic.
Join us from 12 P.M. – 12:30 P.M. on each of these days:
Wednesday, April 8th – More about 2-1-1 and how can they help you?
Monday, April 13th – The Supplemental Nutrition Assistance Program (SNAP) and the Oregon Food Bank Food Finder.
Wednesday, April 15th – OSU Extension Services and Food Hero recipes!
Monday, April 20th – Farmers Markets SNAP Match and other resources.
Link to Zoom Meeting: https://zoom.us/j/869177337
Meeting ID: 869 177 337
These webinars will also be live streamed on the OHSU UCEDD Community Partners Council (CPC) Facebook page.
All webinars will be real-time captioned and recorded versions will be available on the OHSU UCEDD website.