COVID-19 Federal Updates: May 5, 2020
Updated: Jun 9
See here for latest statistics on the Paycheck Protection Program: PPP Report: Second Round.
The Small Business Administration said it has allotted over half of the $310 billion in a key coronavirus relief fund in less than a week, setting expectations that it may run dry this week.
The Treasury Department will borrow a record-breaking $3 trillion between April and June as it moves to dispense emergency relief for the coronavirus pandemic.
Additional Federal Guidance (as of May 3, 2020 at 5:00 p.m.):
HHS - COVID-19 Funding Available to Minority, Rural and Socially Vulnerable Communities for Linkages to Services, Information and Education (Click here)
HHS - HHS Begins Distribution of Payments to Hospitals with High COVID-19 Admissions, Rural Providers (Click here)
DHS-FEMA - Coronavirus Pandemic Response: PPE Packages for Nursing Homes (Click here)
DHS-FEMA - FEMA Announces Supplemental Funding Through CARES Act (Click here)
DHS-FEMA - Coronavirus Pandemic: FEMA Assistance for Tribal Governments (Click here)
DHS-FEMA - Coordinated Efforts Bring Battelle Units to National Capital Region (Click here)
Treasury - Treasury Announces Marketable Borrowing Estimates (Click here)
SBA - SBA to Make Economic Injury Disaster Loans Available to U.S. Agricultural Businesses Impacted by COVID-19 Pandemic (Click here)
USDA - Secretary Perdue Statement on Economic Injury Disaster Loans Being Available to U.S. Agricultural Businesses Impacted by COVID-19 Pandemic (Click here)
DOL - U.S. Department of Labor Issues Additional Guidance About Short-Time Compensation Program Provisions (Click here)
CDC - Operational Considerations for Personal Protective Equipment in the Context of Global Supply Shortages for Coronavirus Disease 2019 (COVID-19) Pandemic: non-US Healthcare Settings (Click here)
CDC - COVID-19 Contact Tracing Training Guidance and Resources (Click here)
CMS - CMS Announces Independent Commission to Address Safety and Quality in Nursing Homes (Click here)
DOL - COVID-19 Guidance for Restaurants & Beverage Vendors Offering Takeout or Curbside Pickup (Click here)
DOL - U.S. Department of Labor Invites the Public to Participate in National Online Dialogue on Opening America’s Workplaces Again (Click here)
DOL - U.S. Department of Labor Issues New COBRA Notices for Employee Benefit Plans (Click here)
HUD - HUD Allocates Second Wave of Relief Funds, over Half a Billion Dollars to Help Protect Low-Income Americans (Click here)
The latest Paycheck Protection Program FAQs are here (updated as of May 3, 2020).
The update is related, in part, to Question 40 and the forgiveness and rehiring of employees.
SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications to provide relief to U.S. agricultural businesses.
Eligible agricultural businesses may apply for the Loan Advance here.