1.8 million Jobs Created in July, Beating Expectations

By CBRE: Richard Barkham, Ph.D., MRICS, Spencer Levy Chairman & Senior Economic Advisor, Darin Mellott Director of Research Executive Summary 1.8 million jobs were added in July vs. an expectation of 1.5 million, following the strong gains that were achieved in May and June. The unemployment rate fell by 90 bps to 10.2% and the labor…

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National Restaurant Association Advocacy Alert

Did you know that restaurant operators who had Payroll Protection Program (PPP) loans forgiven may lose some key tax deductions, creating a surprise tax liability and that the majority of restaurants might not be eligible for a new round of PPP funding? These two critical issues are why you need to act now.  As Congress tries…

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Lee Commissioners approve next round of LeeCARES assistance programs

Fort Myers, FL, Aug. 4, 2020 – The Lee Board of County Commissioners today authorized the next round of LeeCARES programs to assist individuals, families and businesses impacted by the COVID-19 pandemic. The Board approved plans to: Launch Round 2 of LeeCares Assistance for individuals and families providing for broader eligibility and increased award amounts…

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CARES Act COVID-19 Relief Funding for Non-Profits, Healthcare and Public Safety

On Monday, July 27, 2020 the Community Health Services Sector Applications ONLY will be processed. To apply go to the CARES Act website at www.CollierFLCares.com. As a reminder, public application portals for each sector will open in the following order: Community Health & Services Sector Application Portal Applications will begin in this sector on Monday, July 27 through…

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LeeCares Small Business Rehire Grant Application

Program Overview Lee County has identified $25 million in emergency relief funds to support businesses hardest hit by the COVID-19 pandemic. Funds are available as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act federal stimulus package. In Phase 2 of the County’s business assistance program Lee county will provide emergency financial support…

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Latest on PPP – Paycheck Protection Program – Growing Fines, Damages When Businesses Aren’t Compliant

By Peter de Boisblanc of Global insurance brokerage HUB International Email The PPP’s Necessity Certification and Affiliation Rules The Coronavirus Aid, Relief and Economic Security Act and subsequent legislation, which has allocated more than $510 billion in relief, made PPP loans available for businesses that, at the time of application: Certified that the “current economic…

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Survey: Small Business Owners Support Extending Unemployment Benefits, Say National Reopening Plan Would Help Survival Odds & Want Mask Mandates

Small Business for America’s Future national survey of 1,500 small business owners finds 80% think Covid will disrupt business operations for all of 2020 or longer; 56% support extending enhanced unemployment benefits; 77% support government policies requiring masks; 66% say a national plan for opening safely would give business a better chance of surviving the…

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