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President Trump to Sign Bill Providing More Funding for EIDL, PPP Loan Programs
Funds Expected to Only Last a Couple of Days After Bill Signed Into Law by President Trump, So Don’t Delay!
At noon today, President Trump is scheduled to sign into law Congress’ fourth legislative response to the devastating economic effects of the coronavirus pandemic. The new law will add funding to both the Paycheck Protection Program (approximately $320 billion) and the Small Business Administration’s Economic Injury Disaster Loan program ($10 billion in grants, $50 billion in loans), which both ran out of funding last week. Already Applied for PPP Loan or EIDL?
People who have applied for a PPP and/or EIDL should not have to re-apply now that this latest round of funding is official. But, if you have applied for a PPP loan, have not gotten a decision from your lender, and have been told that applications were suspended or “on hold” due to lack of funding , contact your lender ASAP to check the status of your application, just to ensure that you do not need to re-apply. ACT FAST! Funding WILL NOT Last!
If you have not applied for a PPP loan or an EIDL and are thinking of doing so, we cannot stress enough the importance of getting your application in as quickly as possible. Some experts are estimating that these additional funds may only last a few days and it is unclear if additional funding is forthcoming. For information on how to apply, see the “SBA Paycheck Protection Program Loans” and “Small Business Administration” sections of the MAC Virtual Toolkit.
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Spring Virtual Convention
Physical Measures, Tests Available Tomorrow ONLY!
According to guidance we have received from the State of Michigan, an online course may qualify as live, during this state of emergency period, if it allows the viewer to interact in real time with the course presenter. This allows Virtual Convention attendees to achieve the following State of Michigan requirements, which usually must be completed in a live, in-person program:
- Performance and Ordering of Tests (2 hours): Saturday, 8-10a, Dr. Jeff Rich, Imaging Case Study Result
- Physical Measures (2 hours): Saturday,, 10:30a-12:30p, Dr. Ken Murkowski, II, The Modern Structural Breakdown
These are the only times these hours will be offered during the Virtual Convention.
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Disclaimer: The Michigan Association of Chiropractors is a professional association advocating for the rights of chiropractors and their patients across the state of Michigan. We are NOT a state agency or regulatory body. We are merely informing our membership regarding what they are allowed to do during this difficult and confusing time. The information we provide during
this pandemic is derived in conjunction with our governmental relations and legal experts, developed after examination of all official releases of information from the State of Michigan and in consultation with said experts and representatives from state government. Please refer to our emails and website for the latest information, free from speculation and the rumors currently circulating in the wake of official state actions. Rest assured that we will continue to advocate for the profession at the highest levels, with the health and well-being of you and your patients, as well as the overall stability of the health care system, foremost in our efforts.
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