Good day members,

Tony Thomas with the Harbor Bank, who met with USVIHTA President Lisa Hamilton last year, reached out to inform us that his bank will be participating in the Small Business Association Paycheck Protection Program. Thomas highly recommends that anyone considering these loans begin gathering your financial statements and payroll documentation. There will be a lot of interest in these programs, so the limited funding is expected to go quickly. There is a chance that congress will allocate more money; however, it’s best to try and be in the first round of financial assistance. Click here to view a PDF about the program. Click here to view a small business guide and checklist.

Please also see the below links for the most recent COVID-19 updates. Watch the video below for a March 29 USVI COVID-19 status report. Members can find additional updates at usviupdate.com.