Shuttered Venue Operators Grant applications reopened
From U.S. Small Business Administration WASHINGTON The U.S. Small Business Administration reopened the Shuttered Venue Operators Grant application portal Saturday for operators of live venues, live performing arts organizations, museums and movie theatres, as well as live venue promoters, theatrical producers and talent representatives to apply for critical economic relief. “We recognize the urgency and need to get this program up and running,” said Barb Carson, deputy associate administrator of SBA’s Office of Disaster Assistance. “With venue operators in danger of closing. For access to this article please sign in or
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On March 11, 2021, President Biden signed into law the American
Rescue Plan Act of 2021 (the
Rescue
Plan ).
1 This post reviews Section 9641 of
the Rescue Plan, which makes available tax credits to certain
employers who voluntarily provide paid time sick leave and family
and medical act leave to employees for absences occasioned by the
pandemic, from April 1, 2021 through September 30, 2021.
Section 9641 of the Rescue Plan is based on the paid sick leave
and paid family and medical leave provisions that were effective
April 1, 2020 through December 31, 2020, under the Families First
:
Total deposits increased $44.6 million or 9.7% to $505.4 million at March 31, 2021, compared to $460.8 million at June 30, 2020.
Total mortgage loans originated for sale were $160.0 million for the nine months.
Total loan deferrals decreased from $84.1 million at June 30, 2020 to $5.0 million at March 31, 2021.
Time deposits decreased $32.4 million, or 20.5%, to $125.2 million at March 31, 2021, compared to $157.6 million at June 30, 2020.
Home Federal Bank announced that its Board of Directors declared a two-for-one stock split in the form of a 100% stock dividend, payable March 31, 2021, to stockholders of record as of March 22, 2021. Under the terms of the stock split, the Company’s stockholders received a dividend of one share for every share held on the record date. The dividend was paid in authorized but unissued shares of common stock of the Company. The par value of the Company s stock was not affected by the split and will remain at $0.01 per share. The outstanding
Oh, Mr. Brad Pitt, finally. Nice to meet you. Where were you while we were filming in Tulsa? Youn breathlessly started her acceptance speech.
Her relatable reaction I mean, what woman wouldn t get a little woozy meeting Pitt for the first time? led off a hilarious speech. But Youn didn t stop charming people once she exited stage right: She continued into the press room by posing photos with Pitt and then gamely fielding some questions about her experience, including one journalist who wanted to know what the movie star smelled like. I didn t smell him. I m not (a) dog, Youn said with a laugh.
What Restaurants Need to Know Ahead of Its Anticipated Launch
This week the Small Business Administration (
SBA) provided guidance on how the $28.6 billion Restaurant Revitalization Fundwill work. The Restaurant Revitalization Fund provides for qualified restaurants and other food establishments to obtain tax-free federal grants (
Grants) of up to $10 million to replace the loss of revenues resulting from the pandemic. Unlike the SBA’s Paycheck Protection Program (
PPP) in which applications were submitted to and processed by participating banks and other financial institutions, the Restaurant Revitalization Fund will be administered directly by the SBA.
Restaurants and other qualified food establishments anxiously await the rollout of the Restaurant Revitalization Fund amid estimates that the $28.6 billion will cover less than 25 percent of the more than $120 billion that would be required to award Grants to all qualified eating establishments. While we still do not know exac