State of Ohio Business Resources
Businesses and workers can now access all of these resources related to COVID-19 in one place at coronavirus.ohio.gov/BusinessHelp. The portal includes information on unemployment benefits, the Small Business Administration’s Economic Injury Disaster Loan Program, the Liquor Buyback Program, modified rules for trucking to help ship critical supplies into the state, the delay of BWC Premiums, etc.
Small Business Administration
SBA is here to assist small businesses with accessing federal resources and navigating their own preparedness plans as described by the CDC’s Guidance for Businesses and Employers. There are many resources about loans and assistance for businesses on their site at https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources.
Summit County Public Health
Summit County Public Health sent letters to county businesses with information about how to protect workers, advice for employers and other resources for businesses. Click here to read the letter.
“CARES” Act Summary of Business Provisions
This summary focuses on the tax aspects of the CARES Act as they impact small to medium sized businesses. It is not intended to cover all provisions of the act or its potential impacts. For a summary of the CARES Act provisions related to taxation of individuals see the separate piece on that topic. This material will be updated as additional information becomes available.
BWC Returns up to $1.6 Billion to Ohio Employers
We are issuing a dividend of up to $1.6 billion to ease the financial pressures your organization may be experiencing amid the coronavirus (COVID-19) pandemic. While you may be accustomed to receiving dividend checks from BWC, this year’s dividend was not a foregone conclusion. Gov. DeWine has asked his agencies to do everything they can to ease the strain of COVID-19 on Ohioans. Even after the dividend, the net position of the State Insurance Fund for injured workers remains strong due to investment returns, declining injuries and decreasing reserves.