COVID-19
Federated Insurance Companies Announce COVID-19 Client Relief Credit
For Immediate Release from Association Partners to their Members The COVID-19 pandemic has created a multitude of challenges for all of us. Through all of these issues confronting us today, our recommended partner, Federated Insurance, has worked closely with their customers to help them find their way through these unprecedented times. Federated is a “Value-Add”…
Read MoreResumption & Clarification of the Paycheck Protection Program
Today, April 24, the Small Business Administration (SBA), in consultation with the Department of the Treasury, provided additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), established under the CARES Act. This PPP Frequently Asked Questions (FAQ) document will be updated on a regular basis. Borrowers and lenders…
Read MoreSupplemental CARES Act signed by President Trump
Supplemental funding for the CARES Act has been voted on and approved by the House and Senate and was just signed by the President. The original CARES Act was signed by the President on March 27. The original CARES Act included $349 billion for the popular Paycheck Protection Program (PPP) and increased funding for the Economic Injury Disaster…
Read MoreEmployment Questions Answered
Your Association has fielded many questions regarding a broad range of employment-related issues facing employers in the wake of the COVID-19 pandemic. Some of those questions include: An employee of ours has tested positive for COVID-19. What should we do? One of our employees has a suspected but unconfirmed case of COVID-19. What should we…
Read MoreGovernor Noem Issues Two SD Executive Orders
In a press conference yesterday afternoon, Governor Noem announced the implementation of two executive orders. In the first order, she removed the word “should” from her March 23 order and replaced it with the word ‘shall’. Governor Noem reiterated her original statement, saying, “If you wish to operate [a business in South Dakota], this is…
Read MoreWhat If an Employee Tests Positive for COVID-19?
If an employee reports testing positive for COVID-19, it’s important to remember that the safety and well-being of all employees is paramount, but the privacy of the reporting individual must also be preserved under federal law. As a general rule, an employer should not disclose the identity of an employee diagnosed with (or suspected of…
Read MoreMinnesota Small Business Loan Guarantee Program
The Minnesota Department of Employment and Economic Development (DEED) is announcing the Minnesota Small Business Loan Guarantee Program, which was approved by the Minnesota Legislature last week. This temporary program, established in response to the impacts of COVID-19, provides another option for financing to help small businesses weather this difficult time. DEED estimates that this…
Read MoreWalz Signs $330M Response Package
Governor Tim Walz today signed a bill to allocate $330 million in COVID-19 aid in Minnesota – bringing the state’s total response to more than $550 million to manage the COVID-19 pandemic. The bill was passed by the legislature on March 26, 2020. “The swift, bipartisan passage of this bill is One Minnesota in action.…
Read MoreCARES Act Passed by Congress
Today Congress completed action on the Coronavirus Aid, Relief and Economic Security (CARES) Act. It is noted as the largest single relief package in American history totaling $2 trillion in economic stimulus. The CARES Act is the third round of emergency legislation Congress has approved to help provide action and relief surrounding the COVID-19 pandemic,…
Read More“Travel/Work” Permit
Several of our Minnesota Pioneer EDA members have contacted our office and requested a “travel/work permit” that they may use to identify their employee as a critical or essential worker. The premise is that the document would be provided to the employee and, in the event the employee is pulled over by law enforcement while…
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