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Recovery Resources: Liability protections, Montco funds for businesses, state orders update

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Posted by: Main Line Chamber on Friday, May 8, 2020 at 4:30:00 pm
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Liability protections for opening businesses becomes source of debate
Pennsylvania Senate Majority Leader Jake Corman, R-Centre, said in a conference call this week that he wants liability protections for businesses that follow Centers for Disease Control and Prevention guidelines when they are allowed to reopen. Nationally, ABC reports, many businesses are seeking to have Congress grant them similar protections in the next round of stimulus legislation. Pennsylvania Chamber of Business and Industry President and CEO Gene Barr, backed by The Main Line Chamber of Commerce and other organizations across the state, is calling for liability protections that are “narrow, targeted and temporary.” The issue will come into play if an employee or customer gets sick despite employer efforts to keep them safe.

 

Montgomery County to award $5 million in small business grant program’s 2nd round
Montgomery County plans to award $5 million in grants to small businesses in the second round of its MontcoStrong Small Business Grant Program. For-profit businesses in 11 North American Industrial Classification System sectors physically located in Montgomery County are eligible if they were in operation on or before March 23; have experienced disruption due to the novel coronavirus pandemic; reported gross revenue of $10 million or less on their last federal tax return; and have 30 or fewer employees. They also must not have received funding in the program’s first round. Grants may be used for accounts payable, rent or mortgage payments and loan or credit card payments between May 1 and Sept. 20. The county will accept applications from 10 a.m. to 6 p.m. on Wednesday, May 13.

 

Gov. Wolf extends stay-at-home orders for red counties, names next counties to go yellow
Gov. Tom Wolf has extended until June 4 the stay-at-home orders for the counties categorized as red under the state’s coronavirus reopening plan. Philadelphia and the counties surrounding it have red classifications, meaning, among other things, that only life-sustaining businesses and other businesses that have been granted exemptions can be open and their employees and patrons must wear masks. Wolf also issued orders for the 24 counties moving to yellow under the plan, which are in the north central and northwest parts of the state and said 13 southwestern Pennsylvania counties will move to yellow on May 15. In yellow counties, some businesses other than those classified as life-sustaining can reopen, but indoor recreation, health-and-wellness, and entertainment businesses must remain closed.

 

SBA says it has $100 billion left in PPP, urges businesses to apply for it
The Small Business Administration is encouraging small businesses and nonprofits in Pennsylvania, New Jersey and Delaware to apply for loans through its Paycheck Protection Program. Although it already has distributed $175 billion in loans to 2.2 million small businesses and nonprofits, it still has $100 billion remaining from Congress’ second funding of the program, Steve Bulger, the agency’s regional administrator, told the Philadelphia Inquirer. The American Bankers Association wants the SBA and Treasury Department to issue, as soon as possible, “clear, bright-line guidance” on the process under which the loans will be forgiven.

 

SBA limits loan size, blocks new applications under economic injury disaster loan program
The SBA has limited the size of the loans it issues under the Economic Injury Disaster Loan Program and blocked nearly all new applications for the loans, people familiar with the situation told the Washington Post. Congress allocated more than $50 billion to the program to make loans to small businesses hit by the pandemic. The SBA initially said those loans could be as large as $2 million but has reduced that to $150,000 without publicly announcing the change.

 

COVID-19 cases, deaths broken down by county
Pennsylvania has had 54,238 confirmed and probable COVID-19 cases resulting in 3,616 deaths as of noon Friday, according to the state Department of Health. More than two thirds of the deaths have occurred in nursing homes and other long-term care facilities. Philadelphia has had 14,384 cases and 833 deaths; Bucks County has had 3,750 cases and 331 deaths; Chester County has had 1,728 cases and 176 deaths; Delaware County has had 4,680 cases and 382 deaths; and Montgomery County has had 5,037 cases and 515 deaths



Best regards-Be safe,

 

Bernie

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Bernard Dagenais 
President & CEO 
The Main Line Chamber of Commerce 

 

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