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Good morning,
On Friday, President Trump signed the Paycheck Protection Program and Health Care Enhancement Act to further support American small businesses, workers, and healthcare providers impacted by the Coronavirus.
- The Paycheck Protection Program (PPP) has provided payroll assistance to more than 1.6 million small businesses and protected over 30 million jobs in all 50 states.
- This legislation provides $320 billion in additional funding for PPP.
- With this new round of funding, President Trump has signed into law more than $670 billion for the program.
- SBA will resume accepting PPP loan applications on Monday, April 27 at 10:30 AM EDT.
- The bill also provides an additional $60 billion for the Small Business Administration’s (SBA) Disaster Loan Program, $75 billion in funding for hospitals and healthcare providers, and $25 billion to support our historic testing efforts.
- Please click here for more information: Fact Sheet
Additionally, the U.S. Department of Treasury and U.S. Small Business Administration released new guidance regarding the Paycheck Protection Program:
Today, the President participates in a Governors’ Video Teleconference on COVID-19 Response and Economic Revival at 2:00pm ET. Later, the President meets with industry executives at 4:00pm ET. Members of the Coronavirus Task Force hold a press briefing at 5:00pm ET.
Additional Guidance (as of 4.26, 6:00pm):
- WH - President Donald J. Trump Remains Committed to Providing Critical Relief for American Small Businesses, Workers, and Healthcare Providers (Click here)
- HHS - HHS Announces More Time for Hospitals to Apply for COVID-19 High-Impact Payments (Click here)
- HHS - The Administration for Children and Families to Release Funding to Support Child Welfare Services (Click here)
- HHS - Secretary Azar Statement on President Trump’s Signing of New Coronavirus Relief Package (Click here)
- HHS - Telehealth Website (Click here)
- FDA - April 2 Daily Roundup (Click here)
- FDA - FDA Reiterates Importance of Close Patient Supervision for ‘Off-Label’ Use of Antimalarial Drugs to Mitigate Known Risks, Including Heart Rhythm Problems (Click here)
- Treasury - Statement by Secretary Steven T. Mnuchin on the Passage of the Paycheck Protection Program and Health Care Enhancement Act (Click here)
- Treasury/SBA - Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program (Click here)
- DOJ - Court Prohibits Dallas Health Center from Touting “Ozone Therapy” as a COVID-19 Treatment (Click here)
- EPA - U.S. EPA and CBP Act to Protect the Public from Unregistered “Virus Shut Out” Product Imported into California (Click here)
- EPA - EPA provides critical information to the American public about safe disinfectant use (Click here)
- DOD - Mortuary Affairs Operators Adapt to Unique Challenges During COVID-19 (Click here)
- DOD - DOD Plans for Resumption of Normal Operations After Pandemic (Click here)
- DOD - A New Normal: Service Academies Cope With COVID-19 (Click here)
- DOD - Florida National Guard, University Partner to Combat COVID-19 (Click here)
- DOD - America Strong: Blue Angels, Thunderbirds to Conduct Multi-City Flyovers Championing National Unity Behind Frontline Responders (Click here)
- VA - VA hiring jumps 37 percent in fight against COVID-19 (Click here)
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