Covid-19 News
National Vaccine Mandates for Business and Federal Workers
Last night, President Biden announced a COVID-19 action plan that includes vaccine mandates for businesses and federal workers, among other announcements. Impactful to the hospitality industry and other businesses, Biden has instructed the U.S. Department of Labor to release an emergency rule that requires all businesses with 100 or more employees to require full vaccination of their…
Read MoreSafe Harbor May Help Organizations Qualify for Employee Retention Credit
On August 10, the IRS issued Rev. Proc. 2021-33 to amplify information in the three notices related to employee retention credit (ERC) issued earlier this year. The Rev. Proc. also provides a safe harbor for treatment of PPP loan forgiveness and “ERC-Coordinated Grants” in defining gross receipts for purposes of qualifying for ERC. What’s the…
Read MoreSBA Portal Released to Streamline Forgiveness for Small PPP Borrowers
Key insights The SBA issued an Interim Final Review related to PPP loans of $150,000 and less. A COVID revenue reduction score was created to simplify adherence to the 25% revenue reduction requirement for second-draw PPP loans. The SBA created a Direct Forgiveness Portal to increase efficiency of the loan forgiveness process. The SBA created…
Read MoreNaples Senior Center Honored by Board of Collier County Commissioners
Naples Senior Center, a nonprofit organization that provides comprehensive programs and social services for seniors, received a proclamation from the Board of Collier County Commissioners recognizing and expressing deep appreciation for the efforts of its leadership, staff and volunteers in assisting thousands of local seniors in obtaining COVID-19 vaccine appointments during the global pandemic. In…
Read MoreSurvey: Despite Pandemic, Job Satisfaction Remains High
—Management and economic factors offset expected declines— —Remote workers were not significantly more satisfied with their jobs— —Satisfaction drops for younger workers; older workers see increase— New York, April 26, 2021…In the face of the pandemic, an economic crisis, mass layoffs, and high unemployment, the percent of employees reporting overall satisfaction with their jobs remained…
Read MoreTamiami Angel Funds Boost Stake in Health Tech Company Wellbox
NAPLES, Fla.— Tamiami Angel Funds III and IV invested $950,000 in Wellbox, a health care technology company that is accelerating the transition to virtual care driven by medical providers who have recently adopted remote management mandates in response to the COVID-19 pandemic. Together with the investment Tamiami Angel Fund III made last year, the combined…
Read MoreGovernor Ron DeSantis Suspends all Local COVID-19 Emergency Orders
Today, May 4, 2021, Governor Ron DeSantis issued two Executive Orders (EO), Executive Order 21-101 and Executive Order 21-102, which suspend and then permanently invalidate all local emergency orders across Florida that were implemented in response to the COVID-19 public health emergency. While recognizing that our efforts against COVID-19 continue with additional vaccinations and getting…
Read MoreCOVID-19 Economic Injury Disaster Loan Update Request for Reevaluation
Effective immediately, applicants can send a request for reevaluation of a Targeted EIDL Advance application that was declined to the following email address: TargetedAdvanceReevaluation@sba.gov. Applicants should follow these instructions when requesting a reevaluation: Send an email to TargetedAdvanceReevaluation@sba.gov Use the subject line “Reevaluation Request for [insert your 10-digit application number]” In the body of the email, include identifying information for…
Read MoreFederal Relief Restaurant Revitalization Fund Updates
The Restaurant Revitalization Fund application portal opened on Monday, May 4, and in just two days, more than 186,000 restaurants, bars, and other eligible businesses across the nation and in Puerto Rico have applied. Nearly 98,000 of those applications came from restaurants, bars, and other businesses owned and controlled by women (46,400), veterans (4,200), and…
Read MoreShuttered Venue Operators Grant Application Portal is Now Open
The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance. For more information about the Shuttered…
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