GNO, INC Update – 4/2/2020

News

• Paycheck Protection Program – The Department of Treasury this afternoon issued updated guidance on the Paycheck Protection Program. The guidance includes clarifications on several points, including:
• Interest rate on loans will be 1.0%
• Independent contractors do not count for purposes of a borrower’s PPP loan forgiveness; independent contractors have the ability to file for a PPP loan of their own
• Additional clarifications on eligibility for the program

The Paycheck Protection Program officially launches on Friday, April 3.

• Stay At Home until April 30 – Today, Governor John Bel Edwards formally issued an Executive Order to extend the Stay Home order to April 30th.
  • The Governor said the State’s Department of Education would advise in the coming days on the public school schedule for the remainder of the school schedule beyond April 30
  • The State also launched a new website as a resource for information related to COVID-19
  • The Governor also announced a new text alert system for COVID-19 updates. Residents can opt-in by texting LACOVID to 67283.
• Jefferson Parish – Jefferson Parish officials and leaders reiterated the Governor’s comments, and are urging residents to stay at home and not to visit Grand Isle during this time.  Grand Isle is enforcing a checkpoint and resident and camp owners are required to show proof of residency or ownership to enter Grand Isle.
• Additional Parish Curfews – In addition to the St. John the Baptist Parish curfew (9p-6a) that was mentioned in yesterday’s update, Plaquemines, St. James, and Washington Parishes have all issued curfews. The curfews in St. James and Washington Parish will be in effect from 9:00 pm through 5:00 am, while the curfew in Plaquemines Parish will in in effect from 10:00 pm through 5:00 am.

Information

• Coronavirus Webinars – GNO, Inc. has created a database for webinars taking place to help businesses receive the information they need during this time. This at-a-glance resource page allows you to filter upcoming and past webinars. This web page will be updated as new webinars are announced.

Tips

• Looking for Customers? – If you have pivoted your business to make a new, coronavirus-related product, register on GNOpivot.
• Looking for Employees? – A database of local talent looking for new job opportunities, including quick employment history and skills summary, is on the WorkNOLA Workforce Directory.
• Looking for Work? – New opportunities are onWorkNOLA.com.

As always, general information is on the GNO, Inc. Coronavirus Business Resource Page.

Please feel free to contact me [email protected] or VP Policy Ileana Ledet at [email protected] with any questions or suggestions.

Take care,

Michael

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