Engineering Influence from ACEC
News:Business News
ACEC's SVP for Advocacy, Steve Hall, and Katharine Mottley, VP for Tax and Regulatory Affairs, joined Engineering Influence to discuss the new guidance for small businesses stemming from the enactment of the CARES Act.
Resources discussed on the show:
The new law establishes a Paycheck Protection Program to assist qualifying small businesses, nonprofits, and individuals through the Small Business Administration’s 7(a) loan program. $349 billion is authorized for 7(a) lending from Feb. 15 through June 30, and SBA would fully guarantee the loans. Loans would be available during the covered period for:
Eligible recipients could receive loans up to $10 million or 250% of their average monthly payroll costs, instead of $5 million, with interest rates capped during the covered period at 4%. Loans can be used to cover eligible payroll costs -- salaries, commissions, regular paid leave, and health-care benefits -- as well as mortgage interest and utility payments. Firms would be required to make a “good faith certification” that funds will be used to retain workers, maintain payroll, and pay for rent and similar expenses. Funds cannot be used to compensate individual employees at an annual rate above $100,000, or to pay for emergency sick or family leave under the second coronavirus response package.
Dodge Data Chief Economist Richard Branch Shares His Latest Market Forecast
Why Your Bonus Incentive Program Doesn't Work and How to Fix It!
The Government Affairs Update for May 28, 2021
The Weekly Digest from ACEC
Government Affairs Update for May 21 - Infrastructure Update
ACEC Missouri's Mundell Shares the Member Organization's Campaign to Win Passage of a State Gas Tax Increase
The Private Markets Update with Erin McLaughlin
Government Affairs Update for May 14, 2021
Duty to Defend: What You Need to Know to Protect Your Firm
Kevin Artl Talks about how ACEC Illinois Defeated a Bill to Weaken the State's QBS Law
Beth Bauer, ACEC's new NAECE President on What's Ahead in 2021
The Government Affairs Update for 5-7-21
Florence Sterlin on Engaging with Your Remotely Working Team Members
Dodge Data CEO Dan McCarthy Discusses How Engineering Firms Can Use Market Data
Government Affairs Podcast for April 16, 2021
Meridian Associates' Doug Reed on Powerful Strategy Execution
Hinge Marketing's Karl Feldman Highlights the Key Characteristics of High-Growth Firms
Government Affairs Update for April 9, 2021
Infrastructure's Impact on Economic Development: A Closer Look at the ACEC Research Institute Studies
Government Affairs Update for April 2, 2021
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Børsen Morgenbriefing
Startitup podcasty
Sarah Westall - Business Game Changers
Wall Street Breakfast