SBA Re-Opening Paycheck Protection Program to Small Lenders Today and All Lenders on Tuesday, January 19
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 am ET. The portal will fully open on Tuesday, January 19, 2021 […]
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January […]
Governor Murphy Signs Historic Economic Recovery Legislation
Governor Phil Murphy today signed into law the landmark New Jersey Economic Recovery Act of 2020, which will provide economic support for small businesses, while propelling New Jersey’s economic recovery and growth for much of the next decade. “These programs are the product of nearly three years of hard work, during which we received input […]
Two New Tax Laws That Will Impact NJ Amid COVID-19 Crisis In 2021
Governor Murphy has signed several bills into law that take effect in 2021 and may provide a boost to New Jersey as the economy continues to suffer amid the COVID crisis. As reproted by The Patch, those two tax laws are as follows: Health insurance tax (S2676/A4389) The governor signed legislation to create the New […]
Governor Murphy and Superintendent Callahan Announce Administrative Order Clarifying Entertainment Centers Can Host Outdoor Performances at Same Capacity Permitted in Indoor Spaces
Governor Phil Murphy and Superintendent of the State Police Colonel Patrick Callahan today announced an Administrative Order clarifying that indoor entertainment centers where a performance is viewed or given, including a movie theater, performing arts center, and other concert venues, may host a performance in an adjacent outdoor area with a maximum capacity equivalent to […]
Governor Murphy Signs Executive Order Pausing Indoor Practices and Competitions for Youth and Adult Sports and Lowering Limits on Outdoor Gatherings
Governor Phil Murphy last night signed Executive Order No. 204, which pauses indoor practices and competitions for youth and adult sports from Saturday, December 5 at 6:00 a.m. through Saturday, January 2, 2021. The EO also lowers the outdoor gatherings limit from 150 people to 25 people, effective Monday, December 7 at 6:00 a.m. “As […]
Guidelines Outline Requirements for the Use of Outdoor Space During the Winter Months
The Department of Community Affairs (DCA) issued guidance for restaurants and similar establishments on the utilization of outdoor space during the winter months. In June, the Division of Codes and Standards within DCA provided guidance on the issuance of permits, and the use of tents, tensioned membrane structures, and canopies per the Uniform Fire Code […]
New Jersey Business Coalition Pens Letter to State Congressional Delegation: “COVID-19 SUPPORT FOR BUSINESSES REMAINS CRUCIAL”
The Greater Atlantic City Chamber is a pround member of the New Jersey Business Coalition. The coalition, led by the New Jersey Business & Industry Association,is comprised of dozens of major business and nonprofit associations representing employers that provide millions of jobs in New Jersey. The coalition continues to put forth recommendations for a COVID-19 […]
Governor Murphy Signs Executive Order Lowering Limits on Indoor and Outdoor Gatherings
Governor Phil Murphy today signed Executive Order No. 196, which lowers indoor and outdoor gathering limits. Effective Tuesday, November 17 at 6:00 a.m., the indoor gathering limit will decrease from 25 to 10 people. The outdoor gathering limit will decrease from 500 people to 150 people, effective Monday, November 23 at 6:00 a.m. “As we have […]
Governor Murphy Signs Executive Order Permitting Municipalities and Counties to Impose Additional Restrictions on the Hours of Operation of Non-Essential Businesses after 8:00 p.m.
Governor Phil Murphy today signed Executive Order No. 195, which permits municipalities and counties to impose additional restrictions on the hours of operation of non-essential retail businesses, food and beverage establishments, and recreation and entertainment businesses after 8:00 p.m. The Order prohibits municipalities and counties from imposing restrictions that prevent dining establishments from arranging for […]