The Federal Reserve yesterday acted to provide up to $2.3 trillion in loans to aid the U.S. economy by assisting businesses of all sizes.
Dear Senator Gardner,
I wanted to write you about two issues related to the coronavirus that are certainly impacting people in Colorado as well as all areas of the United States.
Eligible businesses can apply for Paycheck Protection Program small business loans to cover qualified payroll costs including rent, utilities and interest on mortgage and other debt obligations.
The recently passed federal stimulus bill allows RV dealers with fewer than 500 employees to get Small Business Administration loans to cover all paychecks for the next two months. Dealers that don’t cut staff or wages can get most of their loans forgiven.
On Friday, March 27, the U.S. House of Representatives passed a “Phase 3” economic stimulus package: the Coronavirus Aid, Relief and Economic Security (CARES) Act.
On March 26, the Office of the U.S. Trade Representative (USTR) will publish its latest announcement of a new round of exclusions covering a broad range of products on List 3 of the Section 301 tariff action.
The RV industry needs your help. Let the policymakers in your state know that it is imperative that RV businesses are classified as essential, allowing RV dealers to remain open…