January 5, 2021
ABC sent a letter to the U.S. Small Business Administration (SBA) and Treasury Department last week urging immediate action on new guidance for the additional $284 billion in PPP loans as authorized and funded by the COVID relief package. To date, there has not been any additional guidance released from these federal agencies, which under the law, have 10 days to provide additional guidance on the program’s implementation.
We have heard that lenders are estimating an early-mid February timeline for new rules to be finalized and banks available to provide loans to businesses. ABC is continuing to monitor any developments on new guidance and will provide critical updates as necessary.
Statewide Vaccination Plans
ABC’s general counsel, Littler Mendelson, has prepared a chart that provides links to state agency websites, vaccine allocation plans, and other guidance related to the rollout of COVID-19 vaccines, as well as basic vaccination plan phases. The purpose of the information is to give employers a general idea of what vaccine-related actions various jurisdictions are taking. The chart is not all-inclusive and does not cover municipalities, some of which have issued their own guidance.
Federal Government and Healthcare Information Resources: