Dear Chamber Members,

We were glad to see our Governor move us to phase two and we continue to request information on phase 3 and the following phases. We will be participating in a call with the Governor’s office this week to encourage getting opened up at higher capacities. Higher capacities are needed for our small businesses to begin the recovery process by being able to at least break even.

We expect the Department of Commerce to release more information on relief this week. The Governor signed the bill a few weeks back and the forms and criteria have been in the works. As soon as we have more information or links, we will share them out to you.

Those that took EIDL loans out and the “initial draw” of up to $10,000 that is forgivable, may be entitled to additional money if you did not get the full amount. SBA will be sending emails out to those eligible. PPP loans are available until the end of March. If you haven’t submitted your application you need to get it into the system ASAP. Small businesses of 20 employees or less are the priority right through this week. Those making application for the first time do not have to prove a certain loss, but those applying for a second draw do need to show a 25% loss in revenue in a quarter of 2020 compared to 2019. The application process is relatively simple, so be speaking with your banker or accountant about these. Employee Retention Tax Credits are available for 1^st and 2^nd quarter of 2021 as well.

It doesn’t look like we will be able to begin our in person events for some time, but as soon as we can, we will.

Thanks!

Taking reservation for this upcoming trip to Costa Rica. We are hopeful we will be able to start to travel again this year, although Covid-19 may dictate otherwise. Check out the video about the trip

Click on the link TROPICAL COSTA RICA