7 04, 2020

Links to Business Aid & Program Guides

By |2020-04-07T19:21:28+00:00April 7th, 2020|Uncategorized|0 Comments

Please find below a list of all of the most recent guides to the aid and programs being made available to assist businesses during the ongoing pandemic, including our newest guide to the paid sick and FMLA programs.

 

3 04, 2020

CARES Act Resources

By |2020-04-03T17:12:51+00:00April 3rd, 2020|Uncategorized|0 Comments

Please find  at the links below new and updated resources that the U.S. Chamber has developed to assist businesses access resources created under the CARES Act (Phase III bill).  This includes an update to the guide we released several days ago on the Paycheck Protection Program.

 

 

Additionally, the U.S. Department of Treasury issued additional guidance yesterday regarding the Paycheck Protection Program.  Links to the resources provided by Treasury can be found, or on their webpage.

 

  • A top-line overview of the program can be found 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.

 

Thank you and I hope that everyone is well and safe.

25 03, 2020

COVID-19 MARCH 25 UPDATE FROM ARKANSAS STATE CHAMBER OF COMMERCE

By |2020-03-25T22:41:36+00:00March 25th, 2020|Uncategorized|0 Comments

COVID-19 March 25 Daily Update
White House and U.S. Senate leaders of both parties have reportedly struck an agreement on a $2 trillion stimulus package designed to aid workers, businesses and the health care system that have been strained by the rapidly increasing coronavirus outbreak. A Senate vote is expected today, with a House vote to follow. Stay tuned for further details.
State Chamber member AT&T is doing its utmost to keep everyone connected. Offerings include internet access to limited income households, expanded eligibility to households participating in the National School Lunch Program and Head Start, waiving domestic wireless voice and data overage fees for customers nationwide, offering Webex Meetings to help businesses stay connected, and assisting schools with distance learning tools. For full details, click here.
In other positive news, State Chamber member UAFS has donated more than 70,000 personal protective equipment (PPE) units to State Chamber member UAMS. The much-needed items include gloves, masks and gowns. Read more here.
Michael Pakko, an economist with the Arkansas Economic Development Institute, has released a study titled “Impact of COVID-19 on the Arkansas Economic Outlook.” The study examines Arkansas’s predicted unemployment rate as well as other indicators including personal income and consumer spending. The full study can be accessed here.
Arkansas Gov. Asa Hutchinson said yesterday during his daily press conference that he wants to convene a Special Session this Thursday to deal with the impending financial impact of COVID-19 on the state. The press conference also covered the latest information on the number of COVID-19 cases in the state and other items. To read a summary, click here.
The Arkansas Small Business and Technology Development Center (ASBTDC) is continuing to provide webinars on relevant topics to help small businesses during this crisis. Upcoming offerings include online information sessions to help small businesses in filling out EIDL applications. Access their event page here to register for a webinar or for additional information.
The U.S. Department of Labor is providing guidance on the Families First Coronavirus Response Act, including sections related to paid sick leave and expanded medical and family leave. Learn more here.
The State Chamber/AIA and the Arkansas Center for Health Improvement (ACHI) will hold another podcast from 1:45 – 2:45 p.m. this Thursday, March 26, featuring State Chamber President & CEO Randy Zook and ACHI Director Dr. Joe Thompson. Additional details will follow.
For additional information and resources, check our COVID-19 Coronavirus and Arkansas page here.
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