Conversations the secretary of treasury over the last production days with the Paycheck Protection Program try to settle the order of forgiveness it is been a big issue a Small Businesses and not for profits in my state and across the country. There is no closing information on how the Paycheck Protection Program ends. We are very grateful to have the help at the beginning but it is set up to be a loan unless you qualify for. A lot of folks take the loan transition to a grant under the t hope that everyone will be treated fairly. But the rules were not set in place spent a lot of time this weekend at the Treasury Department they released finally today a very simple statement that if you are truly very Small Business or wnotforprofit code that is your total loan was 2 million or less you will be with a call safe harbor youre not have to worry about audit follow through the end of it its going to be very straightforward process for those very Small Businesses and small notforprofit. That
Optimistic and some of the Vaccine Development multiple different lines of vaccines and very hopeful will have vaccine in place by this fall that we could have hundreds of millions of, or at least tens of millions of different vaccines that would be ready over 100 may be ready by christmas time it looks like, so continue to build a push in that direction. At untold number of conversation with the secretary of treasury over the last five days talking to the Paycheck Protection Program, trying to settle this issue of forgiveness, this is been a very big issue with Small Businesses and not forprofits in my state and, quite frankly, around the country. There is no closing information on how the Paycheck Protection Program ends. We are very grateful to the health at the beginning but it is set up to be a loan unless you qualify for it. And a lot of these folks took that loan that would then transition to a grant under the hope that everyone would be treated fairly. What the rules were not s
That means we want to hear from Small Business owners and Small Business employees, and we will open up a special line for you. If you own a Small Business, your number is going to be 202 7488000. If you work for a Small Business, we want to hear from you as well. Your number is going to be 202 7488001. European counts as well, so we want to know what you think about the Small Business loan program being out of money, so your line is 202 7488002. Keep in mind, you can always text us your opinion at 202 we are always reading on social media. On twitter at cspanwj, and facebook at facebook. Com cspan. Once again, Small Businesses are the life lot of america lifeblood of america, and the coronavirus pandemic has hit them hard. We want to know from you how you are surviving if you are a small smallss owner and a business employee. Lets get some information about the program first. Lets go to politicos caitlin who is on the line and here to talk to us about what is going on with the small f
Adhere that she is here to talk citi who isector of here to talk with us. You know him a yours. I followed your career, so keep up the great work. Thank you. First of all, for the National League of city is and what it does. The National League of cities is the oldest Municipal Association that represents cities in america. In 2024, we would be 100 years old. Our mission is to be the voice of citys cities. We advocate on behalf of the issues impacting cities. Technical assistant, best practices, next practices, and we get our municipal leaders prepared to provide solutions and deal with real issues every day they are facing in their community. Host now, the National League of cities recently conducted a tody a survey of cities figure out what is going on during can during coronavirus. Can you tell us what you found out . We really found out that it will be a devastating time for cities right now as well as after this pandemic has been into lysed in some way. What we found out is that 8