COVID-19 General Tips and Updates

CARES Act & Payroll Protection Program Webinar
Monday, March 30, 2020
12:00 p.m. - 1:00 p.m.
To join the Zoom* Meeting:
From your computer: gnoinc.org/caresactzoom
From your cell phone, one tap mobile: +13126266799,,131585867# 
From a landline: +1 312 626 6799 US (Chicago)
Meeting ID: 131 585 867
There is no password for this meeting.

*If you have any trouble accessing the Zoom call, please contact Sara Bradford at sbradford@gnoinc.org or (504)401-6267.

As of noon (12:00 PM) today, there were 3,315 reported cases in Louisiana, 137 deaths and 927 hospitalization (336 requiring ventilators) attributed to the pandemicand.

The "Stay at Home" order remains in [...]

(Below is the CARES Act news from yesterday, but it bears repeating. Plus, we’ve included an updated summary document on forgivable loans (the Paycheck Protection Program).)

Regional Stakeholders,

During a crisis, timely, accurate, and actionable information is important.  In order to help you get this information, GNO, Inc. is sending out regular updates.  Please see below, and feel free to forward.

March 27, 2020 Update

News

• Emergency Stimulus Package – This afternoon, President Donald Trump signed the bipartisan Coronavirus Aid, Relief and Economic Security (CARES) Act. The $2T stimulus package includes:
  • Payroll Protection Program – (see below)
  • $500B Corporate Liquidity Fund – (see below)
  • Individual Aid - $1,200 financial assistance for most individuals, plus $500 for children (reduced to about $75K/$150K individuals/couples)
  • State Stabilization Fund - $150B to state and local governments, allocated by population
  • Payroll Tax Credit Refunds – Advance refunds of payroll tax credits enacted in the Families First Coronavirus Response Act, giving employers financial assistance to pay for mandated sick and family leave
  • Enhanced Unemployment Insurance – Extension of unemployment to nontraditional employees, and increased overall unemployment assistance for four months

As of noon (12:00 PM) today, there were 2,746 reported cases in Louisiana, 119 deaths associated with the virus and 773 persons hospitalized (270 on ventilators). More information here.