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Yearly Archives: 2020

UTAH LEADS TOGETHER – STATE COVID-19 BRIDGE LOANS GO LIVE

On Tuesday, March 31, the Utah Leads Together Bridge Loan Program led by the Governor’s Office of Economic Development (GOED) went live, accepting applications for its first $4 million round of loans. The loans are targeted for small businesses with 50 or fewer employees who are experiencing financial hardship due to the coronavirus. Loan amounts […]

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IRS: Employee Retention Credit available for many businesses financially impacted by COVID-19

WASHINGTON — The Treasury Department and the Internal Revenue Service today launched the Employee Retention Credit, designed to encourage businesses to keep employees on their payroll. The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19. Click below for answers to […]

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Paycheck Protection Program Loans Move Forward SBA/Treasury Department Issue Guidance

On March 31, the Treasury Department and Small Business Administration (SBA) released initial guidance and a sample application form for the Paycheck Protection Program (PPP). The PPP was enacted as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES), which was signed by President Trump on March 27. Yesterday, the Treasury Department issued […]

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CARES Act Includes Rep. Curtis’ small business Advance Payment for Paid Leave

On March 20, after passage of the Families First Coronavirus Response Act (FFCR), Representative John Curtis (R-UT), sent a letter to Treasury Secretary Steven Mnuchin calling for advance payments to small businesses so they can pay for required COIVD-19 paid leave while awaiting their federal tax credits provided under the FFCR. The FFCR requires paid […]

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Treasury and SBA Begin Unprecedented Public-Private Mobilization Effort to Distribute Emergency Funds

WASHINGTON – Following President Trump’s signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they […]

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BD, BioMedomics Announce Launch of Rapid Serology Test to Detect Exposure to COVID-19

March 31, 2020 Point-of-care blood test detects evidence of present or past exposure in 15 minutes FRANKLIN LAKES, N.J. and MORRISVILLE, N.C., March 31, 2020 /PRNewswire/ — BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, and BioMedomics, a privately held, North Carolina-based clinical diagnostics company, today announced the release of […]

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March 30 Update: New Information on Diagnostic Testing for SARS-CoV-2

Thank you for your interest in development of diagnostics for SARS-CoV-2.  On March 30, 2020, the FDA updated the frequently asked questions on diagnostic testing to include new and updated information on:  When FDA authorizes a SARS-CoV-2 test for use at the point of care, does that mean it is CLIA waived? I am developing a […]

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Zions Bank Paycheck Protection Program

The Coronavirus Aid Relief, and Economic Security (CARES) Act has allocated $350 billion to help small businesses keep workers employed during this emergency. And our experts can help you access these funds through 100% federally guaranteed loans. GET STARTED More Information

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Salt Lake Chamber: CARES Act

Dear Chamber Member, The Utah Economic Response Task Force is committed to maximizing the number of Utah businesses and individuals benefitting from the many Federal programs and resources that currently exist and those that will exist soon with the signing of the CARES Act. Please review this material so that you can see the many federal programs and […]

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Navigating COVID-19: How to Save Your Business

Dear Chamber Member:   The Salt Lake Chamber has partnered with the David Eccles School of Business at the University of Utah to offer Chamber members access to “Navigating COVID-19: How to Save Your Business with Mike Leavitt” on April 3, 2020. The forum will provide clear and actionable direction to help local businesses navigate […]

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CISA: Advisory Memorandum on Identification of Essential Critical Infrastructure Workers During COVID-19 Response

“As the Nation comes together to slow the spread of COVID-19, on March 16th the President issued updated Coronavirus Guidance for America that highlighted the importance of the critical infrastructure workforce. The Cybersecurity and Infrastructure Security Agency (CISA) executes the Secretary of Homeland Security’s authorities to secure critical infrastructure. Consistent with these authorities, CISA has […]

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Public Health Order in and for Salt Lake County

“On January 29, 2020, the Utah Department of Health (“UDOH”) activated a Department Operations Center to respond to the evolving COVID-19 global pandemic, recognizing COVID- 19 as a threat to the health and safety of the residents of the State of Utah (“Utah”). On March 6, 2020, Salt Lake County Mayor Jennifer Wilson recognized the […]

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