COVID-19

ICMAD COVID-19 RESOURCE PAGE

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FDA/DOT RESOURCES


 Temporary Policy for Manufacture of Alcohol for Incorporation into Alcohol-Based Hand Sanitizer Products During the Public Health Emergency (COVID-19): This guidance is for firms that manufacture alcohol (i.e. ethanol or ethyl alcohol) for use as the active pharmeceutical ingredient (API) in alcohol-based hand sanitizers for consumer use and for use as health care personnel hand rubs for the duration of the public health emergency.  

Temporary Policy For Preparation of Certain Alcohol-Based Hand Sanitizer Products During the Public Health Emergency COVID-19: Guidance For Industry: This guidance addresses Agency current thinking on requirements for the manufacture of certain alcohol-based hand sanitizers. March 2020; UPDATED April 15

FDA Main Coronavirus Update Page: This page gives the current Agency information and guidance about COVID-19 related FDA matters.

Department of Transportation: Revised Temporary Relief Notice For Companies Transporting Hand Sanitizer By Highway: This current relief applies to hand sanitizer products meeting certain specifications and shipped by highway only. Shipments by other modes of transporation must meet all requirements of the Hazardous Materials Regulations unless a relief has been provided elsewhere.

Shipping Alcohol-based Hand Sanitizer: Temporary Guidance on Transport During COVID-19 Public Health Emergency: Presentation by U.S. Dept. of Transportation, Pipeline and Hazardous Materials Safety Administration
 

IMPORT/EXPORT CERTIFICATES STATUS 
Please check here for the latest information about certificate processing, government closures, and anticipated delays.

CASH FLOW / CAPITAL ASSISTANCE: SMALL BUSINESS ADMINISTRATION

Small Business Guidance & Loan Resources: This page includes information about SBA Economic Injury Disaster Loan Program, Guidance for Businesses and Employers, SBA Products & Resources, Government Contracting, & Local Assistance. The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. 

NEW 6/23: SBA Rolls Out Dedicated Tool for Small Businesses to Connect wtih CDFIs, Small Asset Lenders Participating in PPP: The U.S. SBA Administrator Jovita Carranza announced the launch of a dedicated online tool for small business and non-profits to be matched with Community Development Financial Institutions (CDFIs), MInority Depository Institutions (MDIs), Certified Development Companies (CDCs), Farm Credit System Lenders, Microlenders, as well as traditional smaller asset size lenders in the Paycheck Protection Program (PPP).  SBA's Lender Match is an additional resource for pandemic-affected small businesses who have not applied for or received an approved PPP loan to connect with lenders. The forgivable PPP loan is an emergency relief assistance aimed at sustaining businesses and keeping employees on payroll. Lender Match does not accept Economic Injury Disaster Loan applications.

 
NEW 4/14: Update on Economic Disaster Loan Advance

On March 29, 2020, following the passage of the CARES Act, the SBA provided small business owners and non-profits impacted by COVID-19 with the opportunity to obtain up to a $10,000 Advance on their Economic Injury Disaster Loan (EIDL). The Advance is available as part of the full EIDL application and will be transferred into the account you provide shortly after your application is submitted. To ensure that the greatest number of applicants can receive assistance during this challenging time, the amount of your Advance will be determined by the number of your pre-disaster (i.e., as of January 31, 2020) employees. The Advance will provide $1,000 per employee up to a maximum of $10,000.
You may be eligible for another loan program, the Paycheck Protection Program, which is available through participating lenders. Below is a comparison of the two loan programs:
                                 Paycheck Protection Program                  Full EIDL Loan
PURPOSE Forgivable if used for payroll (minimum of 75% of the funds received) and the remaining for certain operating expenses (amount of any EIDL advance is not forgivable) To meet financial obligations and operating expenses that could have been met had the disaster not occurred (amount of any EIDL advance is forgiven)
TERMS Up to $10 million
1% interest rate
Up to $2 million
3.75% for businesses
2.75% for non-profits
FORGIVABLE YES NO – EIDL Loan
YES – EIDL Advance
MATURITY 2 years 30 years
FIRST PAYMENT DUE Deferred 6 months Deferred 1 year
 
To locate a Paycheck Protection Program Lender, please visit: www.SBA.gov/PaycheckProtection.
Information on available resources may be found at www.sba.gov/coronavirus. For more information on these services, please go to www.sba.gov/local-assistance to locate the email address and phone number for the nearest SBA district office and/or SBA's resource partners.
 
Click here to locate your local SBA District Office contact information.

Locke Lord QuickStudy: Saving Our Small Businesses: Congress Reaches Agreement on New Forgivable Paycheck Protection Loans to Small Businesses

Locke Lord QuickStudy: Help for Mid-Sized Businesses: Congress Provides for Implementation of New Direct Loan Program to Eligible Mid-Size Borrowers in CARES Act

 

Locke Lord: Info Sheet on SBA Disaster Relief Loans 
 

TAX RELIEF RESOURCES
IRSTreasurey, IRS, and Labor announce tax credits for small/mid-size businesses

Employer Credits from the IRS (added 5/18)
The IRS is offering the following tax help for businesses affected by COVID-19:
New employer credit available for paid family leave
New employer credit available for paid sick leave
Employee retention credit for businesses affected by COVID-19
 

LEGAL RESOURCES
Locke Lord COVID-19 Resource Center: This page contains an extensive legal FAQ and dozens of detailed articles specific to legal matters related to COVID-19.

Force Majeur for both Contracts/Suppliers, Cancellation of Trade Shows: Conference Call Recording presented by U.S. Department of Commerce with Robinson & Cole LLP partners Jeff White and Taylor Shay.  They will discuss some of the basics surrounding "force majeur" clauses and how companies can plan for and react to the current health emergency.  Click here to access the presentation and click here to access the conference call recording.  (Added 3/30)

Loan Forbearance: Preparing for Customer Relief Requests - April has begun: Locke Lord QuickStudy

Small Business Administration: The Office of Inspector General recognizes that we are facing unprecendented times and is alterning the public about potential fraud schemes related to economic stimulus programs offered by the U.S. Small Business Administration in response to the Novel Coronavirus Pandemic (COVID-19). The Coronavirus Aid, Relief, and Economic Security Act (CARES), the largest financial assistance bill to date, includes provisions to help small businesses. Fruadsters have already begun targeting small business owners during these economically difficult times. Be on the lookout for grant fraud, loan fraud, and phishing.

Federal Trade Commission: Where small businesses can turn for accurate information about financial relief

Connecticut Price Gouging Guidance: Office of the Connecticut Attorney General
 

INSURANCE RESOURCES


Epic Insurance Brokers and Consultants, the parent company to CIS (Cosmetic Insurance Services), has created a resource page dedicated to COVID-19 related matters: click here to access this valuable information source.

EPIC: FAQ about Worker's Compensation Insurance Coverage

EPIC Risk Advisory Bulletin

Webinars - On Demand from Epic Brokers:
P&C Questions Answered: Coverage, Claims & Regulatory Updates

Families First Coronavirus Response Act: Q&A with EPIC and Fisher Phillips

Worker's Compensation & Employee Benefits Coverage, Claims & Regulatory Updates

Management Risk & Cybersecurity/Privacy: Coverage, Claims & Regulatory Updates

BUSINESS OPERATIONS RESOURCES

NEW 4/22: DHS/CISA have added 'Personal Care Products' under the Healthcare and Public Health section of the list of "Critical Essential Infrastructure"

CDC: U.S. Center of Disease Control Interim Guidance for Businesses and Employers

CDC: Disinfecting Your Facility if Someone is Sick

CDC: Business Sector Call for COVID-19 (Recording)

OSHA: Guidance on Preparing Workplaces for COVID-19

New Yorker: Article - How to Practice Social Distancing

NPD - Sales Tracking Data: covering what's happening in the marketplace both in-store and e-commerce

 
PBA RESOURCES

United Way 2-1-1: Resources for the individual seeking assistance with food, electric/heating/phone bills, rent/funding – dial 2-1-1 and speak to a United Way specialist that will connect the person to local resources in their state. (*NEW*: Text your zip code to 898-211)
Website – United Way 2-1-1 http://www.211.org/


Economic Impact Payments: Families First Coronavirus Response ActBoth the Senate and House have passed the Families First Coronavirus Response Act.  Please note the following regarding self-employed individuals-
Do gig economy and other self-employed workers receive the credit?
Yes. The legislation ensures that self-employed and gig economy workers receive the credit, even though they do not technically receive leave benefits under the paid sick and family leave mandates. It provides a refundable income tax credit in an amount of what self-employed workers would have received if they had been an employee receiving paid leave benefits pursuant to the mandates. For a given day that a self-employed worker could not work, they can claim a “rough justice” tax credit in the amount of their average daily self-employment income for the year. Individuals can reduce their estimated quarterly tax payments in anticipation of this credit.



ICMAD MEMBERS HELPING MEMBERS FORUM

Use ICMAD's online discussion forums to ask the community questions, find suppliers, and more. You can subscribe to receive emails updates to forum activity. 

Join the conversation

 

ONLINE EVENTS

ICMAD is pleased to announce a series of online events to support members and their businesses through out this crisis. 
  • 03/24/2020 | ICMAD: COVID-19 Webinar: Finance and Loans Online Event: click here to access the presentation; click here to access the webinar recording
  • 03/26/2020 | ICMAD COVID-19 Webinar: Clinical & Consumer Testing Impacts: click here to access the presentation; click here to view the webinar recording
  • 3/31/2020 | ICMAD COVID-19 Webinar: Contract Manufacturing Impacts: click here to access the presentation; click here to view the webinar recording
  • 4/1/2020 | U.S. Dept. Of Commerce Special Topics Call: Federal and State Tax Updates: recording available here
  • 4/2/2020 | ICMAD COVID-19 Webinar: Planning and Adapting For Our Future: click here to access the presentation; click here to view the webinar recording
  • 4/8/2020 | U.S. Dept. Of Commerce Special Topics Call: Price Gouging or Reflecting Escalating Costs: recording available here
  • 4/9/2020 | ICMAD COVID-19 Webinar: Supply Chain Impacts - Packaging, Components & Specialty Ingredients: click here to access the presentation; click here to view the webinar recording
  • 4/16/2020 | ICMAD COVID-19 Webinar: Loans & Sources of Funding: click here to access the presentation; click here to view the webinar recording
  • 4/23/2020 | ICMAD COVID-19 Webinar: Consumer, Retail Landscape & Beauty Market Trends - the NPD Group; click here to view the webinar recording
  • 4/30/2020 | ICMAD COVID-19 Webinar: Covering Employment Issues in the Shutdown - Ballard Spahr: click here to access the presentation; click here to view the webinar recording 
  • 5/5/2020 | Ballard Spahr (ICMAD Member) COVID-19 Webinar: Loss Recovery in Times of Economic Stress (12:00 PM - 1:00 PM ET) click here to register
  • 5/5/2020 | GCI Webinar How To Survive and Thrive in a Post COVID-19 World - Ken Marenus, PhD, President & CEO ICMAD; Sarah Jindal, Associate Director Golbal Beauty & Personal Care at Mintel; Mike Martinez, CEO of Natural Plant Products; Elana Drell-Szyfer, CEO of ReVive Skincare: click here to view the webinar recording
  • 5/7/2020 | ICMAD COVID-19 Webinar: Looking Into The Future - Understanding the Post-Virus Marketplace - Colour Collective: click here to access the presentation; click here to view the webinar recording
  • 5/14/2020 | ICMAD COVID-19 Webinar: What Can We Expect From Recovery?: click here to access the presentation; click here to view the webinar recording
  • 5/21/2020 | ICMAD COVID-19 Webinar: Hand Sanitizer: Legal, Regulatory, Testing Considerations - FDA Temporary Guidance vs OTC Monograph: click here to access the presentation; click here to view the webinar recording
  • 5/26/2020 | ICMAD COVID-19 Webinar: How the Pandemic is Impacting M&A (3 PM ET): click here to access the presentation; click here to view the webinar recording
  • 5/28/2020 | ICMAD COVID-19 Webinar: Hand Sanitizer: Legal, Regulatory, Testing Considerations - FDA Temporary Guidance vs OTC Monograph - PART 2: click here to access the presentation; click here to view the webinar recording
  • 5/29/2020 | FDA Webinar: Monograph Reform is Here! Learn What to Expect and How to Prepare Presented by CDER Director Dr. Theresa Michele; click here to view the webinar recording
  • 6/11/2020 | ICMAD COVID-19 Webinar: Selling Cosmetics to New Developing Overseas Markets (3 PM ET): click here to access the presentation; click here to view the webinar recording
Reference material related to management of COVID-19 business impact can be found here. We will continue to update this page as new information becomes available.

 
If you have material you would like to see posted here, please reach out!
 
Meredith Petillo, Director of Regulatory and Technical Services: mpetillo@icmad.org