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Showing posts from March, 2020

COVID-19 Announcement: TSM has fully implemented business continuity measures to prevent service disruptions, maintain high levels of customer support, and keep our employees safe. We remain at your service during this global emergency. Please see below for helpful resources that we are updating in realtime

NYC Assistance & Guidance for Businesses Impacted Due to Novel Coronavirus

Mayor Bill de Blasio announced on March 8  that the City will provide relief for small businesses across the City seeing a reduction in revenue because of COVID-19. Businesses with fewer than 100 employees who have seen sales decreases of 25% or more will be eligible for zero interest loans of up to $75,000 to help mitigate losses in profit. The City is also offering small businesses with fewer than 5 employees a grant to cover 40% of payroll costs for two months to help retain employees. Eligible owners who would like to learn more about these programs should  fill out our interest form . Below is some information to help you and your business stay safe and prevent the spread of germs. This is a rapidly changing situation, visit the  NYC Health website  for more up-to-date information, including FAQs for employers. We encourage you to  sign up to receive updates , and please continue to monitor your email – we will send information regarding the new loan and grant program

Grubhub and Major Cities Across the U.S. Launch Economic Relief Effort up to $100 Million for Independent Restaurants and Delivery Partners Impacted by COVID-19

Mayors of Chicago, New York City, San Francisco, Boston and Portland Team with Grubhub to Suspend Fees from Independent Restaurants Grubhub Sets up Charitable Fund for Impacted Drivers and Restaurants CHICAGO, March 13, 2020 /PRNewswire/ -- In collaboration with the mayors of large cities across the United States who are on the front lines of the COVID-19 response efforts, Grubhub today announced it is temporarily suspending collection of up to $100 million in commission payments from impacted independent restaurants nationwide. Grubhub's initiative will provide  immediate  and  substantial cash flow relief  to qualified independent restaurants -- restaurants that make up the majority of Grubhub's 350,000+ restaurant community and drive more than 80 percent of the company's orders. Matt Maloney, Grubhub Founder and CEO said: "Independent restaurants are the lifeblood of our cities and feed our communities. They have been amazing long-term partners for us, and

SBA to Provide Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19)

WASHINGTON –  SBA Administrator  Jovita Carranza  issued the following statement today in response to the President’s address to the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to Coronavirus-related economic disruptions. Small businesses are vital economic engines in every community and state, and they have helped make our economy the strongest in the world. Our Agency will work directly with state Governors to provide targeted, low-interest disaster recovery loans to small businesses that have been severely impacted by the situation. Additionally, the SBA continues to assist small businesses with counseling and navigating their own preparedness plans through our network of 68 District Offices and numerous Resource Partners located around the country. The SBA will continue to provide every small business with the most effective and customer-focused response possible during these times of uncertainty.” SBA’s Econom