Update

The UTSA Institute for Economic Development is OPEN for business.
Each of our small business service centers are available to you during this difficult and unexpected time. One-on-one confidential consulting will continue.
We are available to assist you by email, phone, or video conference. Some traditional classroom-based training/events will be available electronically.
For SBA Economic Injury Disaster Loan information, go directly to www.sba.gov/disaster
For COVID-19 small business resources, go to www.americassbdc.org/disaster

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COVID-19

COVID-19
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In a continuing effort to provide the best support to our small business clients, we have put together this web page of trusted information to assist you during this pandemic.

This page contains information on a variety of topics (employer services, cybersecurity, disaster preparedness, etc.) and will be updated on a daily basis. If you have any additional questions or concerns, please reach out to us so that we can assist you.

Recovery

Employer Resources

Safety

OSHA

Cybersecurity

The UTSA SBDC CGC team had the opportunity to create and present on COVID-19 cybersecurity concerns. “COVID-19, Cybersecurity and Your Business” is now available for anyone to download and/or view. You will find a recording of the presentation and a copy of the slides (in PDF format with instructor notes) below.

FAQs

Economic Injury Disaster Loan (EIDL)

As of 5/22/2020, 2:05 PM CST, the application can be accessed through the sba.gov website. However, at this time, the SBA is only processing EIDL applications from agricultural based businesses.

Paycheck Protection Program (PPP)

SBA FAQ# 40https://www.sba.gov/document/support–faq-lenders-borrowers this is the “safe harbor” specific guideline on written offers of employment and proof that the individual has declined the offer or failed to attend. The language does refer to a bona fide offer and documentation of the reason for work separation in order that your forgiveness not be reduced. The highest level of due diligence would seem to be making the offer to the former employee and documenting their refusal due to finding another position. Please note also, you do still have to meet all of the other requirements for forgiveness, including using at least 75% of the funds for payroll costs.

As of 5/22/2020, 2:00 PM CST, PPP funds were still available.

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