March 26, 2020 Share

Latest Coronavirus News for New Jersey Business

The White House and Senate leaders reached a deal early this morning on a massive stimulus package in the midst of the coronavirus crisis. The $2 trillion proposal, if passed and signed, would provide tax rebates, four months expanded unemployment benefits and a slew of business tax-relief provisions aimed at shoring up individual, family and business finances. (The Hill)

We stress this bill is a proposal and has not yet been approved by Congress as of Wednesday morning.

Cases in New Jersey – New Jersey officials announced 846 new coronavirus cases Tuesday, increasing the statewide total to 3,675 positive tests with 44 deaths as the outbreak continues to expand. 

Most People Tested Don’t Have COVID-19 – There have been about 12,000 COVID-19 tests performed on New Jersey residents, of which approximately 3,600 have tested positive, Commissioner of Health Judith Persichilli said at a press briefing yesterday. “The overall positivity rate is 27%,” Pesichelli said. “That will help us in our predictive modeling of the type of care that these individuals require.”

More Businesses Can Open – Gov. Murphy expanded the number of businesses considered essential under his order to close the state’s non-essential businesses. The additional businesses now permitted to open are:

  • Mobile phone retail and repair shops;
  • Bicycle shops, but only to provide service and repair;
  • Livestock feed stores;
  • Nurseries and garden centers;
  • Farming equipment stores.

More info on the newly named essential businesses is here.

To see the original list of essential businesses click here.

At the Shore –The new administrative order on essential businesses also clarifies that municipalities may impose additional restrictions on beaches and boardwalks.

Low-Interest Disaster Loans – U.S. Small Business Administration is offering disaster loans to small businesses in New Jersey.

To apply for an SBA loan, click here.

For guidance on SBA loans, click here.

Note from the SBA about completing disaster loan applications:

If you are having trouble first getting in after you put in business type, make sure you have entered your type of business AND clicked on EIDL and only EIDL under type of assistance seeking.

N.J. small businesses hurt by coronavirus can now get low-interest federal loans. But should they? (nj.com)

Resources

The state’s jobs and hiring portal matches employers looking to hire with candidates.

For employers to participate, click here

New Jersey’s website for up-to-date information about COVID-19.

New Jersey’s website with information for businesses and the impact of coronavirus.

To report a scammer or suspected price gouging, go to N.J. Division of Consumer Affairs at (973) 504-6240 or at http://njconsumeraffairs.gov.

Gov. Murphy set up a 24-hour hotline where trained health care professionals are standing by to answer questions about coronavirus. The number is 1-800-222-1222 and the call is free. If using an out-of-state phone line, call 1-800-962-1253.

The Centers for Disease Control and Prevention has a good web page called guide for business and employers for dealing with the Coronavirus.