NEW Application Forms and Extended Deadline for Paycheck Protection Program and Further Expanded Eligibility for Second Draw Loans
Thanks in part to advocacy from our network and the broader nonprofit community, today, March 31, 2021, President Biden signed into law the PPP Extension Act, which extends the deadline for Paycheck Protection Program forgivable loan applications to May 31. The program had been set to expire on March 31.
The Small Business Administration (SBA) has also released the NEW application forms Paycheck Protection Program (PPP) borrowers must submit to apply for first-time loans or “second draw” loans, as well as indicating expanded eligibility for those second draw loans.
First Draw loan information
- Loans are now available for nonprofit organizations:
- with fewer than 500 employees total who have not already received funding
- with 500 or more employees across multiple locations, but with no more than 500 employees at a single one of those locations. This group of nonprofits only became eligible to apply when the American Rescue Plan became law on March 11, 2021.
- Application form
Second Draw loan information
- Loans are now available for nonprofit organizations that:
- have already received and spent an initial PPP loan AND
- can demonstrate a 25% reduction in gross receipts AND
- have one location with fewer than 300 employees, OR more than 300 employees across multiple locations BUT NO MORE THAN 300 IN ANY ONE LOCATION (this is new information per the updated application form for this type of loan)
- Application form
For further information, please contact Sarah Dobson, Director of Public Policy and Advocacy, at firstname.lastname@example.org or 202-499-5832.
Upcoming Strength & Service Series Webinars
Date: April 16th, 2021
Time: 1:00 -2:00 p.m. EDT
We know children thrive when they are raised in loving, stable families. Yet throughout American history there have been many forces that have actively destabilized black and brown families. Slavery, mass incarceration, the school to prison pipeline, and poverty are some of the many examples of policies and practices that have actively separated children from their families. Please join us for this captivating, original presentation by Dr. Harry Singleton, theologian, author, and one of the most passionate and informed voices on race and religion in America as he elevates the historical and cyclical impact that systemic racism has on children, families, and communities of color, and the considerations we as faith-based organizations must make if we are to disrupt its cycle. Register here.
Date: April 27, 2021
Time: 1:00 -2:00 p.m. EDT
The Occupational Safety and Health Administration (OSHA) requires all employers strictly adhere to a respiratory protection program, designed to protect employees from inhaling harmful contaminants in the workplace. Now and throughout the pandemic, OSHA is placing added pressure on skilled nursing, long-term care, and other healthcare facilities and providers to properly document COVID-19 cases, complete necessary N95 mask training with staff, and submit timely reports to maintain compliance. Not doing so can result in citations and financial penalties that are costly and difficult to challenge. During this webinar, leading experts from Johnson, Kendall & Johnson will explain the four main components of an OSHA compliant respiratory protection program as they pertain to COVID-19 protection in healthcare settings, and what organizations can do now to ensure their continued compliance. Register here.
- An Opportunity to Provide Comprehensive Supports for Medicare Beneficiaries with Complex Needs
- A Roadmap for Health Plans to Providing Special Supplemental Benefits to Medicare Advantage Members
- Virtual Reality Brings Joy to People in Assisted-Living Facilities
- A Snapshot of Sources of Coverage Among Medicare Beneficiaries in 2018
- The Health 202: Biden wants more seniors to get care at home instead of in a nursing facility - The Washington Post
- How will new technologies benefit ageing and longevity?
- FEMA: COVID-19 Funeral Assistance
- NIH's new website: Alzheimers.gov
- The COVID-19 Community Corps
- CMS Survey Data Illustrates Impact of COVID-19 on Medicare Beneficiaries’ Daily Life and Experiences (Infographic & Results Survey)
- Revised: CMS list of services payable under the Medicare PFS
On March 31, President Biden released an outline of the first of two major infrastructure bills that his administration is preparing to bring to Congress for passage this year. This first package, named the American Jobs Plan, will address mainly transportation and other infrastructure needs, while the second, with an outline to be introduced in the coming weeks, will address broader issues, including potentially healthcare reform.
As outlined, the American Jobs Plan will create jobs and raise wages for essential home care workers and make a substantial $400 billion investment in home and community-based care services for the aging and persons with disabilities. The plan also calls for extending the Money Follows the Person program. Other provisions include building a high-speed broadband infrastructure with emphasis on providing access for unserved and underserved communities, investing in housing infrastructure with a focus on affordable housing, workforce development, and a general focus on infrastructure in underserved communities.
On March 30, the President signed the PPP Extension Act into law, extending the Paycheck Protection Program through May 31. Details on the PPP and the application process are included immediately above in this newsletter.
The purpose of this digest is to provide current news and resources to Lutheran Senior Services organizations. The Catalyst is disseminated every other week and includes relevant reports, educational opportunities, policy updates and other announcements. To add colleagues to the distribution list or to unsubscribe from the Catalyst, send an email to email@example.com.