REGISTER for the “Business Talkback” session on Funding Putnam Businesses – 07/13 @ 3pm

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Join us and find out all you need to know on the New York Forward Loan Fund (NYFLF)
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New York Forward Loan Fund (NYFLF) is a new economic recovery loan program aimed at supporting New York State small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak and NYS on PAUSE.
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Topic: NY Forward Loan Fund Program
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Date: Monday, July 13th, 2020
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Time: 3:00 PM
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Guest Speakers:

Ms. Huey-Min Chuang, Senior Director of Business and Economic Development &
Mr Jonathan Schneider, Schneider Financial Group, Ltd.
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Discussion Points:
  • What is the NY Forward Loan Fund Program?
  • Who is eligible?
  • When and how can businesses apply?
  • How much can they borrow and are their restrictions?
  • Is there an application deadline?

Ms. Huey-Min Chuang,

Senior Director of Business and Economic Development

Jonathan Schneider, Schneider Financial Group

Mr Jonathan Schneider,
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Schneider Financial Group, Ltd.

 

After registering, you will receive a confirmation email containing information about joining the webinar.

 

REGISTER

COVID News & Updates

Economic Data 
Third Quarter Growth Projections in a Reopening Economy
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The US Chamber recently provided a look at economic growth as the second quarter of data is in and we begin to look at third quarter expectations. A full and detailed outlook can be found here.

Governor Cuomo Announces New York State Will Decide on Fall School Reopening During the First Week of August 
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  • County Fairs Canceled Until Further Notice
  • Malls Can Open in Phase IV Regions Beginning Friday Only with Enhanced HVAC System
  • State to Provide Masks and Hand Sanitizer for Distribution on Fire Island
  • Long Island Enters Phase IV of Reopening Today
  • 1.2 Percent of Yesterday’s COVID-19 Tests were Positive
  • 11 COVID-19 Deaths in New York State Yesterday
  • Confirms 692 Additional Coronavirus Cases in New York State – Bringing Statewide Total to 398,929; New Cases in 42 Counties
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Click HERE to read the full article

 

The SBA’s Paycheck Protection Program has reopened
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  • The Paycheck Protection Program resumed accepting applications July 6, 2020, at 9:00 AM EDT in response to President signing the program’s extension legislation.
  • The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020.
  • SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.
  • Learn more about this program HERE.

 

corona virusFamilies First Coronavirus Response Act (FFCRA)
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  • The U.S. Department of Labor has published a tool that will quickly walk you through a handful of options to determine your eligibility as an employee for paid sick leave or paid expanded family and medical leave
  • Eventually the tool will also be useful for employers to understand your obligations to provide paid sick leave or paid expanded family and medical leave, though this aspect of the tool is still in development.
  • You can find the tool HERE.

New York Forward Phase 4 Guidelines
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The Mid-Hudson region entered Phase 4 on Tuesday, July 7th, 2020 for the following:
  • Higher education institutions
  • Low-risk outdoor arts & entertainment, which includes outdoor zoos, botanical gardens, nature parks, grounds of historic sites and cultural institutions, outdoor museums, outdoor agritourism, local agricultural demonstrations and exhibitions; and other similar institutions/activities
  • Low-risk indoor arts & entertainment, which includes indoor museums, historical sites, aquariums, and other related institutions.
  • Media production
  • Professional sports competitions with no fans
  • Regions in phase 4 will be permitted to hold social gatherings of up to 50 people.
  • Malls will be permitted to reopen on July 10th, if they have implemented an enhanced Heating, Ventilation and Air Conditioning – or HVAC – filtration system and follow proper ventilation protocols.
Click HERE for Phase 4 Guidelines