The U.S. Treasury has established new tax relief programs for qualified businesses and entities impacted by the COVID-19 pandemic. These include:
The SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020. This relief is not available for Paycheck Protection Program loans or Economic Injury Disaster loans. SBA Borrowers: Contact your lender if you have any questions. Visit the SBA Debt Relief webpage for more information.
Maui Economic Development Board (MEDB), the County of Maui Office of Economic Development, and various community partners have put together an online resource directory to support our islands’ small businesses. Whether you are looking to retool and/or respond to COVID-19, this directory offers a list of local service providers who can help you conduct your business safely, adapt and/or pivot your operations, and help you invest in technology infrastructure to expand virtual platforms, web-based marketing and e-commerce.
The County of Maui’s Virtual Job Fair is an online resource for employers seeking workers, and for residents seeking employment and career opportunities. The website provides job search tools, career counseling, and information on career training opportunities, resume building, internships, college certificates/degrees, financial aid opportunities and more.
This project is a collaboration between the County of Maui’s Office of Economic Development, the Maui County Workforce Development Board and the University of Hawaii Maui College.
The EIDL program provides economic relief to businesses experiencing a temporary loss of revenue due to COVID-19. Its purpose is to help eligible organizations meet financial obligations and operating expenses that could have been met had the COVID-19 disaster not occurred. Visit the SBA Economic Injury Disaster Loan webpage for more information on eligibility criteria, terms, FAQs, loan application and more.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides relief for eligible organizations impacted by the COVID-19 pandemic. Under the CARES Act:
The Maui American Job Center provides free services to employers and job-seekers, including unemployment guidance, job postings and job search assistance, training opportunities, career planning and other resources. Employers can post job openings and search through resumes for potential candidates.
Nonprofits providing public assistance feedings during this pandemic may qualify for cost reimbursements under this Federal Emergency Management Agency (FEMA) grant program. Once your application is completed, you will be contacted by the Hawaii Emergency Management Agency (HIEMA). You should also attend a HIEMA webinar to get more information. FEMA assistance is provided at 75% federal cost share. For more information about the grant program, application form and instructional webinars, visit HIEMA’s FEMA Public Assistance Grant Program webpage.
The County of Maui Volunteer Center offers free support, training and resources to local nonprofits facing COVID-19 challenges. For more information, visit the Volunteer Center's website at HandsOnMaui.com or call the Volunteer Center Coordinator at 808-270-7150.