NH COVID-19 Assistance

NEW Supplier Scouting & Matching Program 

NHMEP is committed to the challenges your manufacturing business may be facing during this time. In order to meet the high demand of critical supplies, we are connecting manufacturers with each other and with the right suppliers to gowns, face shields, masks, and more. NHMEP is playing a vital role in coordinating local, state and federal needs. This is a co-investment referral program led by NHMEP at no cost.

• Are you a manufacturer interested in making critical supplies? Share Your Capacity & Capabilities
• Need a PPE Supplier? With access to suppliers across the country through the national MEP network, we will match you with the right company. Find a PPE Supplier.

Have questions? Please feel free to contact NHMEP Manufacturing Sector Partnership Advisor Evania Verley at (603) 724-4771 or evaniav@nhmep.org.

State Manufacturing Industry (Universal) Guidelines for Reopening 

View the pdf from the Governor’s office. (updated 01/05/2021)

Vaccine Updates

A tax credit for small and medium-sized businesses is now available to fully offset the cost of paid leave for employees to get vaccinated and recover from any after-effects of vaccination.

President Biden’s American Rescue Plan provides a paid leave tax credit to offset the cost for businesses with fewer than 500 employees for up to 80 hours (i.e. 10 work days) up to $511 per day of paid sick leave offered between April 1 and September 30, 2021. This tax credit will allow employers to provide paid leave for employees to get a COVID-19 vaccination and for any time their employees may need to recover from that vaccination at no cost to the employer. Today, the Internal Revenue Service released and posted a fact sheet to educate employers on how to claim the paid sick leave credit on their quarterly tax filings.

View the Tax Credit flyer

View the pdf of New Hampshire’s state plan to distribute the COVID-19 vaccine.

Paycheck Protection Plan Forgivable Loan Program

Apply for the Paycheck Protection Plan Forgivable Loan Program directly through your preferred lender starting today.

Application and Guidance: The US Treasury provides guidance on their website for borrowers and lenders. On this same page is the application for the PPP.  If you need to find a lender near you, please use the lender match tool on the NH SBA District website.  Note: self-employed 1099s and contractors will be able to apply through their local lender starting April 10th.  The US Chamber of Commerce shared a program training resource in Spanish.

• Economic Injury Disaster Loans (EIDL) up to $2mm deferred: apply directly through the US SBA – https://disasterloan.sba.gov/ela/ – 1-800-659-2955 – disastercustomerservice@sba.gov.
• EIDL Grant up to $10k: designed for eligible businesses and nonprofits who require an immediate advance. Must apply for the EIDL first and then you can go back in while the request is pending to request the grant. This will be reviewed and paid out within a few business days to your account. You won’t have to pay this back even if the loan application is denied.
• Paycheck Protection Program (PPP) up to $10mm: You will need to apply through your preferred local lender/bank directly. A loan max will be calculated for you based on 2.5x your average monthly wages. To have this forgiven, you need bring proof of 8weeks of approved wages (up to $100k/employee), rent, utilities and interest on certain debt such as mortgage interest forgiven to have what you have proof for forgiven up to the loan amount. Any amount remaining will be converted into a loan ofup to 4% interest andup to 10 year terms. Contact your local lender for the most updated information.
• There is a process to refinance the EIDL into a PPP and if you choose and you will have until June 30th to apply for either. This will be done through your personal lender.
• Consider working with a Small Business Development Center advisor to come up with the best relief plan for your business before applying: https://www.nhsbdc.org/covid-19-assistance.