Coronavirus – Economic Resources Guide for Members & Friends

Latest News:  5/11/2020

We have added a new resource link, to help you find the various types of benefits that you, your business, and your staff may be eligible for. Please check Benefits.gov for more information.

Benefits.gov allows citizens to have easy, online access to information from across multiple Federal agencies. The beneficiaries include U.S. citizens, businesses, and Federal and state government entities.

Latest News:  4/5/2020

Dear Member/Friend

We have taken our time to wait for the Cares Act, The Economic Injury Disaster Loans, and The Families First Act to settle in so we could synthesize and forward the information we believe is most relevant to small businesses that build, refit and repair boats. Ask your accountant if they are willing and/or able to help with business grants and SBA loan packages. Check with your SBA district representative regarding financial support if your supply chain has been interrupted. Please forward relevant information to your employees.

We continue to monitor the latest personal and business financial stimulus packages and legislation as it is passed and implemented in this very fluid environment and will be posting these updates. See links below with resources that you may need. If you have found additional information that you feel would be helpful to ABBRA members, we will be happy to post it in a bi-weekly newsletter. We will be sending news from around the country regarding how boatyards and related businesses are dealing with the required changes in their operations.

If you are considering applying for an Economic Injury Disaster Loan, you must determine if your Governor has made an application for Economic Injury Disaster Loans to help the businesses in your state. Google it.

SBA Local Assistance Directory.

Disaster Loan Application.

100 most active SBA 7(a) lenders.

Please also see these attached documents:

Above all stay alert and adhere to the guidelines for preventing the spread of COVID-19. Avoid people that are are not willing to follow protocol. Visit the Centers for Disease Control or your local health department’s website.

Also remember, there may be people in your community that are going hungry. Please help where you can without putting yourselves at risk. Look for food banks you can support.