Despite a two-month deadline extension, to May 31, time is nonetheless running out for members who wish to apply for a forgivable loan under the Paycheck Protection Program (PPP).
Centers for Disease Control & Prevention (CDC):
The federal government’s chief destination for COVID-19 information, plus guidance for businesses and employers.
• COVID-19 Page
Resources for Businesses/Employers
• FAQ and 14-day Monitoring Worksheet
World Health Organization (WHO):
A FAQ page from the United Nations’ global healthcare agency.
• Q&A on Coronavirus
Occupational Safety & Health Administration (OSHA):
Downloadable PDFs on steps businesses can take to help ensure employee safety.
• Guidance for Preparing Workplaces
• Prevent Worker Exposure
U.S. Department Of Labor:
What businesses need to know to remain in compliance with federal work rules.
• Family & Medical Leave Act Q&A
• Fair Labor Standards Q&A
U.S. Small Business Administration (SBA):
How to apply for low-interest disaster loans and measures for reducing workplace exposure.
• Small Business Guidance and Loan Resources
• Economic Injury Disaster Loan Program Info
The Senate last week approved extending the deadline for loan applications under the Paycheck Protection Program (PPP) from this Wednesday to May 31.
The experience of a small powder coating company in Minnesota can serve as a cautionary tale for PPP recipients who thought their forgivable loans came free and clear.
The National Retail Federation (NRF), the world’s largest retail trade association, has petitioned the Centers for Disease Control and Prevention (CDC) to include retail workers in the early phases of COVID-19 vaccine distribution.
The new $900 billion COVID stimulus package passed this week by Congress contains a number of new provisions that could directly affect BrandSource members, including additional Paycheck Protection Program funding (PPP) and relaxed deductibility rules.
Over 500 state and national trade associations, including the National Retail Federation (NRF), the National Association of Manufacturers (NAM) and the U.S. Chamber of Commerce, are pressing Congress to restore tax deductibility for business expenses paid with forgivable Paycheck Protection Program (PPP) loans.
In the wake of criticism for issuing Paycheck Protection Program (PPP) loans to financially viable companies like Shake Shack and the Los Angeles Lakers, and amid suspicion of widespread program abuse and fraud, the Small Business Administration (SBA) is seeking permission to question borrowers who received $2 million or more in PPP loans.
A renewed wave of COVID-19 is surging across the country, and BrandSource members are not immune.
The United Appliance Servicers Association (UASA), a BrandSource partner and arguably the nation’s largest appliance repair trade group, has pulled the plug on next February’s Annual Service Training Institute (ASTI) due to COVID-related health concerns.
Tempur Sealy plans to employ an antimicrobial and antiviral technology to select Sealy, Tempur-Pedic and Stearns & Foster mattresses in 2021.