Welcome to day 47 of our state-ordered shut down. We’re now five days away from the first of the month, rent day, and just hours away from when the SBA will begin accepting PPP loan applications again (see below).
- Businesses can access the SBA’s Find A Lender tool or consult the SBA Massachusetts District Office’s list of participating Paycheck Protection Program lenders.
- A list of chamber member banks is here.
- The SBA will offer virtual sessions to support small businesses all week. Sign up for SBA email updates to receive notice of these programs. Businesses should also consult SBA Resource Partners, who offer remote counseling and coaching.
- Small businesses in need of application translation services can go to the Massachusetts Growth Capital Corporation's online resources. This website provides a list of technical assistance providers who can help businesses apply for PPP in languages other than English.
- Congress earmarked $60 billion of the second round of $310 billion PPP funding to be administered by small lenders and community banks. As of Sunday afternoon, it was unclear which lenders will be participating. But here is a list of institutions that provided loans to Massachusetts companies in the first PPP round (color coded by asset level) which may help determine which lenders will be deemed "small."
- National Lumber on Needham Street reports that it has “ample supplies”of three-ply masks in 10 packs and 50 packs, as well as KN95’s masks and disposable gloves.
- Keyes Drugs in Auburndale has supplies of surgical masks (limit 5 per person) and offers curbside pickup.
- Union Pharmacy in Newton Centre will be getting surgical masks later this week, also is selling N95 masks.
- Hipstitch in West Newton is making and taking orders for fabric masks. There’s a three day turn around for shipping.
- Rafinova in Needham has pivoted to importing cloth masks. They used to import bags and accessories.
- Birds Hill Pharmacy in Needham is making its own hand sanitizer.
- Fully Promoted in Newton has access to a variety of PPE items, including medical grade KN95 masks, fabric and disposable masks, gowns, hand sanitizer.
- Newton’s Economic Development Commission is interested in hearing from Newton businesses here.
- The Needham Channel wants to hear from Needham small business here.