January 11, 2021
#bacc2work
|
|
“It takes many good deeds to build a good reputation,
and only one bad one to lose it.”
- Benjamin Franklin
|
|
|
|
PPP - Round 2 Opens Monday January 11th |
To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13. The PPP will open to all participating lenders "shortly thereafter."
Key updates include:
- Borrowers can set their loan covered period to be any length between 8 & 24 weeks to best meet their needs
- Loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, & worker protection expenditures
- The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations, among other types of organizations
- Greater flexibility for seasonal employees
- Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount
- Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan
- A borrower is generally eligible for a Second Draw PPP Loan if the borrower:
- Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses
- Has no more than 300 employees; and
-
Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020
Please contact your lender with questions. If you do not have a lender, you can search for SBA lenders in the resource link provided below.
Additional Links for Details:
|
|
|
|
|
Lakefest 2021 Update
June 25, 26, 27
|
The steering committee met this week and a few more details were finalized. There is still a lot of work to be completed, but this event is taking shape.
At this time, we have these activities committed and there are many more to come.
Friday Night
- Boat Parade
- Movie Night at Van Buren Park
- Live Entertainment on High Street
Saturday & Sunday
- 5K Community Run
- Dragon Boat Practice & Race
- Kid Zone
- Food Trucks
- Arts & Crafts Main Street
- Car Show
- Two Entertainment Stages
- Fireworks (Saturday Night)
|
|
|
Sponsored by the Chamber, the Dragon Boat Races will be one of the premium events for the entire weekend. In addition, they are being set up as a fundraising opportunity for our service organizations, nonprofit groups, clubs, and churches. We have finalized those details, and if you are interesting in putting together a team, we have set up info meetings every Tuesday thru January at 1:30pm ... You can REGISTER for the ZOOM meeting HERE ... also, if you click the picture below you can download it so you can send it to your fellow club members.
|
|
|
|
New Monthly Networking Opportunity
Tues Jan 19th, 8am
|
Last week we asked if you would be interested, and it seems you are! Until we can have our breakfasts in person, we will have this meeting on ZOOM - Join us for networking, community updates, and guest speakers. Our breakfast series will reopen as soon as there is a green light from Lansing. |
|
|
|
|
Weekly Lunch & Learn
Wed Jan 13th, 12:15pm
|
Our group is growing, and we look forward to Representative Puri's office, and Senator Peters office joining this week. Learn what is happening locally, in Lansing, and DC ... Grab your lunch, and relax with fellow members for 30-minutes each Wednesday. Register once, and we remind you weekly! |
|
|
|
|
|
CEO Made In Michigan Series Returns!
Circle Feb 17th 10am
|
I have seen the list of speakers, and the details will be released soon! You will NOT want to miss this event. For a tease, start thinking "20's - 30's - 40's" ... and the word list! Roop Raj will moderate the panel discussion with 3 Michigan CEO's.
Circle this date - Feb 17th 10-12pm
|
|
|
|
|
|
SEO Made Easy!
January 14th 2pm
|
We have all realized how important the digital world is! Are you confused on how to make your sight easier to find? In this 30-minute FREE Webinar, you’ll learn:
- The important steps that you can take to evolve your website optimization and achieve greater online visibility
- How successfully ranked websites leverage the strong backbone of their existing site and are adding a lot more value (content!) on top
- Mike’s favorite tools for keyword and content research, social media, and more
|
|
|
|
Members! YOUR Promotions could be Here!
Please send them to us so we can PROMOTE YOU!
|
|
Angel Food Catering
Now Available on DOORDASH
|
|
CPL/CCW Classes
January 23rd &24th
|
|
A special thank you to our Corporate Sponsors below. This newsletter, along with our networking sessions, happy hours, and educational opportunities
are not possible without their support.
|
|
|
|
|
|
|
