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U.S. Chamber of Commerce

Record High H-2B Demand; Less Than 25% Chance To Receive Workers

In an already difficult labor market, landscape companies currently have less than a 25% chance to access much-needed guest workers through the H-2B program. This news comes from the National Association of Landscape Professionals (NALP) who released an Action Alert on Wednesday. According to NALP, the Department of Labor (DOL) ...

Many Small Businesses Fear Worst Is Yet To Come

Despite the first COVID-19 vaccines being administered, most small businesses (62%) anticipate the worst of the pandemic’s economic impact is still ahead with half (50%) seeing their operations continuing for a year or less in the current business climate before having to close permanently. These sobering statistics come from poll ...

Applications Reopen For New PPP Funding/Michigan Allows Lawn Work

PPP
Applications are being accepted again today for the Paycheck Protection Program (PPP) after the initial $349 billion of funding was exhausted in less than two weeks. On Friday, another $310 billion was added to the PPP program, including $60 billion set aside specifically for small lenders. But many fear this ...

Getting An SBA Economic Injury Disaster Loan (EIDL)

EIDL
Update On Thursday, April 16, 2020, the SBA announced a lapse in appropriations for the EIDL program related to COVID-19. From its website: “SBA is unable to accept new applications at this time for the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations ...

Will Federal Aid Be Enough To Save Your Small Business?

federal aid
Update On April 16, 2020, the U.S. Small Business Administration (SBA) announced it had exhausted allotted funds for the Paycheck Protection Program (PPP). SBA, which administers the PPP, shut down its application and ceased enrolling new lenders into the program. _______ Will federal aid programs be enough to help small ...

PPP (Paycheck Protection Program) Loans For Small Businesses Affected By Pandemic

PPP
Last week, the U.S. Small Business Administration (SBA) launched the Paycheck Protection Program, or PPP, a $349 billion emergency loan program created as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES). The PPP provides forgivable loans up to $10 million to small businesses left financially distressed by ...
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