In our area, we are extremely blessed to have the resources of the OSU South Centers. Melissa Carter, Business Development Specialist, is hosting a call for Fayette County Chamber of Commerce members this Thursday, April 16, 2020 at noon. Melissa will utilize this time to explain the EIDL and PPP and what it means to you and your business. There will also be, time permitting, a brief question and answer session.
If you would like to attend this free call, CLICK THIS LINK a few minutes prior to noon on Thursday, April 16th. No pre-registration is required.
Many of you have reached out regarding the video I posted this morning. The graphic below is a snapshot of what I discussed. Remember, none of these provisions have ever been available to our workforce; therefore, the systems were not ready to handle the large number of applications. The state continues to do the work necessary to allow for the filing of these applications.
The FPUC benefit is not yet built into the ODJFS computer system. According to yesterday’s update, they expect this addition to the computer system to be complete late next week.
The PUA benefit will not be open for applications until sometime mid to late next month. Again, this is not a benefit that has ever been available, so an entire portal must be built before claims can be accepted. Once this portal is built, I will publish that information so that those individuals in need can apply.
So how do we know if we should apply for unemployment or a disaster loan? According to a call I participated in yesterday, here are three situations where it may make sense to apply for unemployment:
- You were not able to get funding through the EIDL or PPP
- You require more than 2 months to recover from your losses
- You are permanently closing your business due to COVID-19
I hope this clears some of the fog covering unemployment claims. If not, please reach out.
Enjoy your evening,