Posted by William Mullane | April 2, 2020
Assistance for American Workers and Families
In the weeks immediately after the passage of the CARES Act, Americans will see fast and direct relief in the form of Economic Impact Payments. For more information, CLICK HERE.
Assistance for Small Businesses
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.
Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.
- For a top-line overview of the program CLICK HERE
- If you’re a lender, more information can be found HERE
- If you’re a borrower, more information can be found HERE
- The application for borrowers can be found HERE
Paycheck Protection Program Resources
30 Days to Slow the Spread
On March 16, President Trump announced public health guidelines to slow the spread of Coronavirus in America. He asked every family to unite against this invisible enemy, making changes to our daily routines as part of a national effort to save lives. As he said on Monday, it’s likely that a peak in Coronavirus fatalities will arrive in about two weeks. If we continue to follow public health guidelines vigorously, we could save more than 1 million American lives in the weeks and months ahead. A million American lives are worth fighting for. That’s why this week, President Trump extended his Coronavirus Guidelines for America through the next 30 days. Please click here for more information: 30 Days to Slow the Spread (Español)
How to Help – If you or your organization are interested in helping the effort to combat the spread of COVID-19, FEMA has established a website (www.fema.gov/coronavirus/how-to-help) with more information. Examples for the private sector include:
- To sell medical supplies or equipment to the federal government, please submit a price quote under the COVID-19 PPE and Medical Supplies Request for Quotation. Full details can be found in the solicitation (Notice ID 70FA2020R00000011).
- This solicitation requires registration with the System for Award Management (SAM) in order to be considered for award, pursuant to applicable regulations and guidelines. Registration information can be found at www.sam.gov. Registration must be “ACTIVE” at the time of award.
- If you have medical supplies or equipment to donate, please provide us details on what you are offering.
- If you are a private company that wants to produce a product related to the COVID response – email firstname.lastname@example.org.
- If you are a hospital or healthcare provider in need of medical supplies, please contact your state, local, tribal or territory department of public health and/or emergency management agency.
- If you are interested in doing business with FEMA and supporting the response to COVID- 19 with your company’s non-medical goods and/or services, please submit your inquiry to the Department of Homeland Security (DHS) Procurement Action Innovative Response Team (PAIR) team at DHSIndustryLiaison@hq.dhs.gov.
For additional information please visit FEMA’s website: https://www.fema.gov/coronavirus/.
Department of Justice Makes $850 Million Available to Help Public Safety Agencies Address COVID-19 Pandemic (HERE)
- DOJ today announced that it is making $850 million available to help public safety agencies respond to the challenges posed by the outbreak of COVID-19. The Coronavirus Emergency Supplemental Funding program, authorized by the recent stimulus legislation signed by President Trump, will allow eligible state, local, and tribal governments to apply immediately for these critical funds.
IRS: Employee Retention Credit available for many businesses financially impacted by COVID-19 (HERE)
- The Treasury Department and the Internal Revenue Service today launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19.
Treasury and IRS Release FAQs to Help Small and Midsize Businesses Navigate Paid Sick and Family Leave Tax Credits (HERE)
- The U.S. Department of the Treasury and the Internal Revenue Service are offering small and mid-size employers more information on refundable tax credits that reimburse them, dollar-for-dollar, for the cost of providing their employees paid sick and family leave wages related to COVID-19.
Department of Labor Announces New Paid Sick Leave and Expanded Family and Medical Leave Implementation (HERE)
- The U.S. Department of Labor today announced new action regarding how American workers and employers will benefit from the protections and relief offered by the Emergency Paid Sick Leave Act and Emergency Family and Medical Leave Expansion Act, both part of the Families First Coronavirus Response Act (FFCRA). The department’s Wage and Hour Division (WHD) posted a temporary rule issuing regulations pursuant to this new law, effective today, April 1, 2020.
DOL Releases Round 2 of COVID-19 Frequently Asked Questions Covering Issues Related to the H-2A Temporary Agricultural Labor Certification Program (HERE)
- The Office of Foreign Labor Certification released Round 2 of frequently asked questions regarding COVID-19. The Round 2 FAQs address potential issues regarding the H-2A temporary agricultural labor certification program.
For the most up-to-date information, please see the CDC’s website: www.coronavirus.gov.