Bill Hood Group
Saturday, June 6, 2020
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Parish Government shares info for small businesses

Posted: Friday, April 24, 2020 | Views: 1441

Parish Government shares info for small businesses

From Tangipahoa Parish Government

LABEOC Daily Update

-The House approved a new $480 billion relief package. The deal includes $310 billion for the Paycheck Protection Program, with $60 billion of that set aside for smaller lending institutions. Further, the deal also includes:
$50 billion for SBA Economic Injury Disaster Loans (EIDL)
$10 billion for SBA EIDL Advance grants
$75 billion for hospitals and health care providers to support for Covid-19 expenses and lost revenue
$25 billion for research to develop, validate, manufacture, purchase and administer Covid-19 tests. The bill will now head to the President for his signature.

-Yesterday, Louisiana House and Senate committees approved a plan that expands early and mail-in voting options in the state. Under the plan, mail-in voting will be allowed for voters who can attest that they are at a higher risk of severe illness from COVID-19; are subject to a quarantine or isolation order; are advised by a health care provider to self-quarantine; are experiencing symptoms of COVID-19 and seeking medical confirmation; or are caring for someone who is quarantined or isolated. The new guidelines would apply to the July 11th presidential primaries and the August 15th state and local elections. The plan would also expand early voting options from seven to 13 days. The plan must now be voted on by both the Louisiana House and Senate and be approved by the governor.

-The Louisiana Workforce Commission is changing the way unemployed workers file their weekly certification. Workers currently must re-certify each week that they are eligible for unemployment. In response to a surge in certifications, the Commission will now accept weekly certifications based on the last digit of an applicant’s Social Security number. For more information on the change, click here:

-GNO, Inc. introduces GNOmatch, whereby we provide custom connections between companies with lay-offs, and those hiring for transferable skills:

-GNO, Inc. has released the following information to help businesses determine which loan product and other assistance is best for their needs:

*Coronavirus Loan Comparison Chart –

*Loan Gumbo Webinar Video –

*FAQs on the Paycheck Protection Program and other loans –