Covid-19 Response : Alerts
Alerts
New PPP loan forgiveness applications are now available
Additional guidance released pursuant to the Protection Program Flexibility Act
Guidance Issued on the Paycheck Protection Program Flexibility Act
Payroll Protection Program funds are still available
Paycheck Protection Program FAQs
View the Paycheck Protection Program FAQs at treasury.gov: Paycheck Protection Loans FAQs
Governor’s Abbott’s Strike Force to Open Texas
Governor’s Abbott has released a plan to safely and strategically restart and revitalize all aspects of the Lone Star State—work, school, entertainment, and culture. Read more at the Open Texas website.
Health insurance carriers are hosting frequent discussions about employee benefits
As one can expect, this is going to be a busy year for insurance carriers. One of the factors is the sheer number of their ensured businesses trying to figure out what exactly their policies entail. All the major medical carriers are providing material–on a daily basis–with regards to COVID-19 and its impact on their […]
Senate passes $2 trillion aid bill. House moves to expedite it.
The bill is aimed at mitigating the financial havoc from coronavirus, which includes the shuttering of business across industries, and massive layoffs nationwide. The measure is a combination of direct payments to individuals, bailouts for businesses, and expansions to unemployment insurance.
Fed chairman Jerome Powell says virus will dictate when the U.S. economy reopens
As politicians and pundits attempt to put a timeframe on the economic impact of coronavirus, the reality, according to the Federal Reserve chairman, is anyone’s guess. “The first order of business will be to get the spread of the virus under control and then resume economic activity.” Reuters
Apply for a disaster loan through any SBA referral program
Due to widespread hardship from coronavirus, funding has been allocated for disaster loans for small businesses. SBA partner organizations have come on board to help manage the application process.
