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Federal Assistance

Related Resources

Official Coronavirus Site - CDC, FEMA and the White House

U.S Environmental Protection Agency Continues Efforts to Help Increase the Availability of Disinfectant Products for Use Against the Novel Coronavirus

SBA Disaster Assistance Resources for Businesses

SBA Small Business Guidance and Loan Resources

Ready.gov Pandemic Resources

Merrill/Bank of America CARES Overview

U.S. Chamber Small Business Guide and Checklist

Department of Labor: Paid Sick Leave and Expanded Family and Medical Leave Act

PHTA May 4 Federal Update

 

Payment Protection Program Changes Signed into Law

On June 5, President Trump signed into law the Paycheck Protection Program Flexibility Act (PPPFA) in an attempt to address many concerns expressed by the small business community around the Paycheck Protection Program (PPP) aimed at providing COVID-19 relief.

 

Recapping Coronavirus Legislation

PHASE ONE

The first bill (Phase 1) HR 6074 focused on getting funding to help the health care field address the crisis and making emergency appropriations. 

  • 03/06/2020 Became Public Law No: 116-123
  • The legislation provides $8.3 billion in all new funding for a robust response to the coronavirus, including support for state and local health agencies, vaccine and treatment development, and loans for affected small businesses to lessen the economic blow of this public health emergency.

PHASE TWO

The second coronavirus bill (Phase 2), HR 6201 Families First Coronavirus Response Act

PHASE THREE

The third bill, known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act, focuses on stimulating the economy. 

FAQ: Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

Paycheck Protection Program (PPP) Information Sheet - Lenders

Paycheck Protection Program (PPP) Information Sheet - Borrowers

Borrower Paycheck Protection Program Application

 

PHTA Webinar: The CARES Act and What it Means for Your Business
VIEW SLIDES | LISTEN TO THE WEBINAR

PHTA Sends Letter to Congressional Leadership Seeing Support of Recreational Aquatics Industry

Text of CARES Act

FAQs from the U.S. Senate

PHTA encourages each of our members to reach out to your lawmakers. While you may not have a constituent need now, it’s best to have identified the e-mail address of a caseworker in a regional office should one arise. Find your elected official:

https://www.house.gov/representatives/find-your-representative

https://www.senate.gov/general/contact_information/senators_cfm.cfm.

Important to Remember

Implementation of all these economic programs will be difficult, given the unprecedented nature of this national emergency. What appears to be swift action taken during a press conference - can and will take weeks, if not months to work through the bureaucracy. PHTA encourages you to keep details records of the unique economic impact for your company, such as workforce, sick leave, contracting issues, supply chain disruptions and the like.  All these data points may need to be gathered to qualify for some form of State or Federal assistance.

In order to perhaps expedite SBA loan applications that may take time to process, PHTA urges its members to reach out to their Member of Congress, now, as the SBA will quickly become overwhelmed. And local caseworkers, in your Congressional member’s district offices, will be most effective in expediting review of SBA loans, once they are filed. Once someone applies for the loan, they are given a tracking number. Member offices should be asked to assist with letter writing, and flagging applications made by constituent businesses. 

 

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