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GOPAL, SWEENEY BILL TO ALLOW COUNTY-BASED PLANS FOR COVID-19 RE-OPENINGS PASSES COMMITTEE

Jan 21, 2021 | Advocacy, Business News, Chair's Council, Chamber News, Community News

In response to statewide guidelines requiring businesses to close or reduce operations due to the COVID-19 pandemic, the Senate Commerce Committee today advanced legislation sponsored by Senator Vin Gopal and Senate President Steve Sweeney which would establish a...
Ørsted Pro-NJ Grantor Trust launches with expressions of interest accepted beginning February 1

Ørsted Pro-NJ Grantor Trust launches with expressions of interest accepted beginning February 1

Jan 21, 2021 | Announcements, Business News, Chamber News, Community News

Today, the Trustees of Ørsted’s Pro-NJ Grantor Trust Fund announced details of the fund and the process to apply. The $15 million fund was established by Ørsted following the selection of its Ocean Wind offshore wind farm project by the New Jersey Board of Public...
Additional PPP Guidance and Resources:  How to Calculate Maximum Loan Amounts for First Draw

Additional PPP Guidance and Resources: How to Calculate Maximum Loan Amounts for First Draw

Jan 19, 2021 | Advocacy, Announcements, Business News, Chair's Council, Chamber News, Community News

SBA, in consultation with the Treasury Department, has recently released additional PPP guidance and resources: How to Calculate Maximum Loan Amounts for First Draw PPP Loans and What Documentation to Provide – By Business Type (Released 1/17/2021) SBA, in...

SENATE COMMITTEE ACTS ON SWEENEY-SINGLETON BILL TO UPGRADE WATER & VENTILATION SYSTEMS

Jan 15, 2021 | Advocacy, Announcements, Business News, Chair's Council, Chamber News, Community News

A Senate committee today approved a bill sponsored by Senate President Steve Sweeney and Senator Troy Singleton that would help schools and small businesses in New Jersey upgrade their water and ventilation systems to better protect the health of students, educators,...
SBA Re-Opening Paycheck Protection Program to Small Lenders Today and All Lenders on Tuesday, January 19

SBA Re-Opening Paycheck Protection Program to Small Lenders Today and All Lenders on Tuesday, January 19

Jan 14, 2021 | Advocacy, Announcements, Business News, Chair's Council, Chamber News, Community News

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday,...
Additional PPP Guidance and Resources:  How to Calculate Maximum Loan Amounts for First Draw

SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

Jan 8, 2021 | Advocacy, Announcements, Business News, Chamber News, Community News

The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to...
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