Hospitality Industry Legislation Moves to Governor Murphy’s Desk
On Thursday, May 14, three bills passed both houses and now move to Governor Murphy’s desk for his signature. They are as follows S2371/A3959: Of the federal funding allocated to New Jersey in the Coronavirus Aid, Relief and Economic Security (CARES) Act, $100 million will be given to the EDA for the provision of financial […]
Governor Murphy Signs Executive Order Permitting Resumption of Non-Essential Construction, Curbside Pickup at Non-Essential Retail Businesses, and Gatherings in Cars
As part of New Jersey’s Road Back, Governor Phil Murphy today signed Executive Order No. 142, permitting the resumption of non-essential construction, curbside pickup at non-essential retail businesses, and car gatherings for the purpose of drive-through and drive-in events. The construction and non-essential retail provisions will take effect at 6:00 a.m. on Monday, May 18, […]
Shore Medical Center and Cape Regional Medical Center, along with other hospitals left out of recent COVID-19 funding
Heeding to the directives of the Federal and State governments, hospitals across the country discontinued elective surgeries and all other non-emergent services in mid-March. The reasoning was to ensure the safety of the staff and public, and to allocate every resource possible to protect the frontline clinicians and to treat patients infected with the COVID-19 […]
PASCALE SYKES FOUNDATION AND NEW JERSEY COMMUNITY CAPITAL EXPAND THRIVE SOUTH JERSEY INITIATIVE TO SUPPORT SMALL BUSINESSES DURING COVID-19 PANDEMIC
The Pascale Sykes Foundation and New Jersey Community Capital (NJCC) announced the expansion of the THRIVE South Jersey Initiative (THRIVE) to meet the immediate needs of small businesses and nonprofits critically affected by the COVID-19 pandemic. Through THRIVE South Jersey, an initiative developed to address economic hardship in the targeted four-county region of Gloucester, Cumberland, Salem, […]
With Over $100 Billion in PPP Funds Still Available, SBA Encourages NJ Small Businesses and Nonprofits to Apply
With billions of dollars in potentially forgivable Payroll Protection Program (PPP) capital still available to small businesses and nonprofits, the U.S. Small Business Administration is encouraging New Jersey small business owners to apply for PPP loans to help provide them eight weeks of payroll and certain overhead to keep workers employed. Created out by the […]
Governor Murphy Signs Executive Order Extending Public Health Emergency in New Jersey
05/06/2020 Governor Phil Murphy today signed Executive Order No. 138 which extends the Public Health Emergency declared on March 9, 2020 through Executive Order No. 103 and extended on April 7 through Executive Order No. 119. Under the Emergency Health Powers Act, a declared public health emergency expires after 30 days unless renewed. “Extending this declaration […]
Joint Statement by Administrator Jovita Carranza and Secretary Steven T. Mnuchin on the Success of the Paycheck Protection Program
U.S. Small Business Administration Administrator Jovita Carranza and U.S. Secretary of the Treasury Steven T. Mnuchin today issued the following statement on the success of the Paycheck Protection Program (PPP): “The Paycheck Protection Program is providing critical support to millions of small businesses and tens of millions of hardworking Americans. “Since Round 2 of PPP […]
More Money for Businesses is Coming
The Federal Reserve released guidelines for its soon-to-open Main Street Lending Program that will offer four-year loans starting at $500,000 for small- and medium-sized businesses hit by the coronavirus pandemic. To qualify, a business must have had fewer than 15,000 employees or less than $5 billion in revenue in 2019. Lending institutions are administering the program, and […]
Governor Murphy Signs Executive Order Reopening State Parks and Golf Courses
04/29/2020 Order Restores County Authority to Open or Close County Parks TRENTON — Governor Phil Murphy today signed Executive Order No. 133, reopening state parks and golf courses, and restoring the authority of county governments to determine whether county parks will be open or closed. The order takes effect at sunrise on Saturday, May 2.“We understand that […]
NJ Labor Department to Begin Making Pandemic Unemployment Assistance Payments This Week
April 29, 2020 – Press release from the Department of Labor and Workforce Development TRENTON – The New Jersey Department of Labor and Workforce Development announced that recipients of federal Pandemic Unemployment Assistance (PUA) — the self-employed, independent contractors and others who are not usually eligible for unemployment insurance benefits — will start being notified of their […]