588的彩舒适like so many small business owners in connecticut, debbie malewicki saw her customer base evaporate virtually overnight, as the college students who get advanced tutoring from her integrity 1st learning support solutions headed home after the cancellation of classes.
malewicki, who started integrity 1st learning support only a year ago,finds herself sharing the predicament of a smaller percentage of startups that have yet to build a large enough base of assets to sustain them through the mass closures triggered by the outbreak of the novel coronavirus, covid-19.
588的彩舒适on tuesday, gov. ned lamont laid out some of the state’s early plans to assist workers and employers in the coming weeks as people stay home to limit the spread of covid-19.
employers received a major boost on monday with the of connecticut’s application for “economic disaster” assistance, allowing businesses to apply for low-interest loans of up to $2 million and stretch repayment terms as far out as 30 years.
588的彩舒适having started up a campus cable tv and broadband company before becoming governor, lamont said he has a good handle on what is top of mind for many business owners and entrepreneurs at present.
“look, i come out of small business and i know what’s going on with small business — and folks are terrified,” lamont said tuesday afternoon in hartford. “you’ve got a lot of employees who count on you every day. ... you’re paying electric bills, you’re paying rent, you’re paying (down) debt, you’re paying health insurance. you have these fixed costs, and all of a sudden your revenues disappear.”
‘Not permanent doesn’t pay the bills’
588的彩舒适malewicki finds herself in such a circumstance, providing tutoring and testing services for students at the university of new haven, southern connecticut state university, the university of bridgeport and other area schools.
offering hands-on advance tutoring for students in challenging classes from those who already have advanced degrees, malewicki said integrity 1st learning support was enjoying a surge in revenue the past few months as word-of-mouth about its services made the connecticut rounds.
she is now scrambling to get a teleconferencing option up and running to resume services for students who need the help as they work remotely on dissertations or preparefor major exams.
“the first half of last week, we basically lost our entire tutoring clientele,” said malewicki, who lives in monroe. “not that it’s permanent, but ‘not permanent’ doesn’t pay the bills in the short term. ... like many small businesses, we have questions about whether we are still going to be here when the schools reopen, so obviously there are things we need to do (and) adjustments we need to make in order to keep up with what’s happening.”Read Full Article
the state department of economic and community development is working with the connecticut business & industry association to poll companies statewide to get a better understanding of their immediate and longer-term needs.
588的彩舒适decd has focused its early efforts on supporting companies that already receive varying forms of assistance from decd, to include deferring repayment of any loans due.
“if you have funds from the state of connecticut and you’re experiencing financial hardship, you should be talking to decd or your lender,” said david lehman, decd commissioner, speaking tuesday alongside lamont. “the department of banking put out guidance to connecticut’s state banks — and this has come from the (federal reserve) as well for federally regulated banks — to work with (their) clients in these very extraordinary times, to make sure that banks are making prudent decisions, recognizing the sharp fall-off in revenue that many of these businesses have had.”
Saving small business jobs
lehman promised a general expansion of assistance to any businesses that seek it, and suggested some form of rent relief could be in the offing without providing specifics.
the connecticut judicial branch has through march 27, but with landlords unlikely to land replacement tenants any time soon given the income crisis facing many individuals and businesses, few have anything to gain by pursuing an eviction in the immediate weeks to come.
588的彩舒适as an emergency stopgap in advance of any larger stimulus package, the u.s. treasury is readying to mail $500 billion to citizens at unspecified income thresholds to help them with daily living expenses.
lamont noted some of the federal response will spill over into connecticut policy, significantly to include a delay to july 15 in filing irs taxes. for those who owe, this will amount to an interest-free loan for that window of time — the wall street journal reported wednesday some $300 billion will stay on main street for now that otherwise would have been paid to cover tax balances due. the state department of revenue services will continue its regular income tax collections through the mechanism of paycheck withholding.
the state department of labor is expanding its to include not just regular employees but independent contractors as well, closing a significant hole in the social safety net, and eliminating the time window that the jobless have to seek work prior to qualifying for unemployment benefits.
congress is expected to authorize paid sick leave for those who believe they may have contracted the virus or otherwise need to stay home to care for a family member.
588的彩舒适connecticut is offering open enrollment for anyone to obtain health insurance through the access health ct program which offers coverage through connecticare and anthem. enrollment is usually only allowed at this time of year for people with changes in life circumstances such as marital status or a new job.
and lamont expects an infusion of federal aid to bolster the state’s husky medicaid plan for those who cannot afford or otherwise obtain insurance.
588的彩舒适lamont was quick to say tuesday that his administration is planning, in consultation with leaders in the general assembly, to fill any immediate gaps in federal assistance that could help large numbers of state residents and the businesses that employ them.
588的彩舒适“with support from the state, (we’ll) make sure that those families know that on the back side of this, they’re still going to have a job in a small business,” lamont said.
includes reporting by dan haar.
alex.; 203-842-2545; @casoulman