COVID19 UPDATE
MARCH 31, 2020
Short and sweet today....
FEDERAL ACTION
FROM THE WHITE HOUSE THIS AFTERNOON:

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.  In the case of engineering firms, firms with fewer than 500 employees would qualify.
  • For a top-line overview of the program CLICK HERE
  • Lender information can be found HERE
  • Borrower information can be found HERE
  • The application for borrowers can be found HERE 

ACEC has organized four complimentary webinars for members this week:

  • Wednesday, April 1st, 2:30-3:30 PM CST
  • Presenters: Marc Gerson, Loren Ponds, Jorge Castro, and Layla Asali of the Miller & Chevalier Law Firm
 
  • Thursday, April 2nd, 12:30-1:30 PM CST
  • Presenters: Barbara Irwin, HR Advisors Group, LLC and David Cohen, Matheson Financial Advisors 

I will send link and notes from today's webinar on calculating overhead costs when available.