#51 | Wednesday, July 21, 2020 | Extension for PPP Loans Announced, Grants, Events
#51 | THURSDAY , JULY 16, 2020
Eastern Mass. Small Business Support Webinar
TODAY — Thursday, July 16, 2020 4:30 – 5 pm
Eversource is providing helpful and timely resources to small businesses during these challenging times. During this presentation, Eversource will discuss the following topics:
Flexible financial plans
CARES stimulus program
Energy bill review
Tips to help your business save on expenses and energy
In a Compassionate Move, WinnCompanies Not Evicting Tenants from Properties
WinnCompanies, owner of 4 large, residential properties in Worcester and many more statewide, has extended their moratorium on evictions past the state-imposed date of Aug. 18. The Chamber commends this decision and thanks them for their support of Worcester and many other communities in which they operate.
Free PPP Forgiveness Webinar for ALL
REGISTER EARLY, THIS WEBINAR IS EXPECTED TO REACH CAPACITY
Railers Recognized for Community Service
The Worcester Railers Hockey Club have been awarded the 2019-20 ECHL Community Service Award, the second straight year that the Railers have received the award. The recognition was given for their commitment on being a leader in the community. In March, Railers defenseman Connor Doherty received the 2019-20 ECHL Community Service Player Award. READ MORE
#49 | Wednesday, July 21, 2020 | Extension for PPP Loans Announced, Grants, Events
Senate Passes Extension of Application Deadline for PPP Small-business Loans
DEADLINE TO APPLY MOVED TO AUG. 8, 2020
Last night the U.S. Senate cleared legislation to extend the deadline for businesses to apply for coronavirus aid under the Paycheck Protection Program (PPP), which was set to expire on June 30. Under the bill passed by the Senate by unanimous consent, the deadline for applying for PPP loans — which go to businesses with fewer than 500 employees — has been extended to Aug. 8, 2020 .
There is approximately $130 billion in unspent money under the Paycheck Protection Program. The House of Representatives is expected to pass the measure after which it will go to the president’s desk for his signature.
Grants Still Available for Small Businesses in Central Mass
APPLICATION DEADLINE EXTENDED
The Central Massachusetts Regional Planning Commission has a grant assistance program for small businesses in Central Mass. who have been financially impacted by their closure as a result of the pandemic. Funded by the Mass. Office of Attorney General Maura Healey, through the Small Business Relief Partnership Grant Program , the commission has $45,000 in grant assistance available.
For this grant, a “small business” means any for-profit business or non-profit organization with a physical place of business in one of the forty communities in their service area with twenty or fewer employees prior to the governor’s state of emergency declaration (on or about 3/10/2020). All applicants must demonstrate a direct or indirect financial hardship resulting from COVID-19.
Click here for more information on eligibility and to apply.