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March 15, 2021 - COVID-19 Update

 3/15/2021 9:29 AM

The Paycheck Protection Program is Scheduled to Expire in 16 Days. N.J.’s COVID-19 Vaccine Eligibility Expands Today. A Guide to the Federal Relief Bill's $28.6 Billion Restaurant Revitalization Fund

Paycheck Protection Program is Scheduled to Expire in 16 Days
With the end-of-month deadline looming, federal lawmakers are pushing to extend the Paycheck Protection Program by two months to May 31. It would give businesses more time to seek forgivable loans under the popular program to help struggling businesses. (CBS News)

Bottom Line: Move Fast on Your PPP Loan
The Paycheck Protection Program is currently scheduled to end on March 31. If you are considering applying for a forgivable business loan under the federal program, do it soon. Here is information. (U.S. SBA)

N.J.’s COVID-19 Vaccine Eligibility Expands Today
Here’s everyone who can now schedule a shot, though appointments remain hard to get. (nj.com)

A Guide to the Federal Relief Bill's ‘Restaurant Revitalization Fund’
The new $28.6 billion program will offer grants to restaurants and bars based on lost gross revenue between 2019 and 2020. The maximum grant size will be $5 million for restaurants and $10 million for restaurant groups. Here are details. (U.S. Chamber of Commerce)

What New Jersey is Getting in New Federal Stimulus Funds
Billions are going to residents and to local and state governments to combat the virus. While there are few strings attached to this round of relief, there also are few details of how the state plans to spend the funds. Here's what we know (NJ Spotlight News)

NJ Transit is Counting on Federal Aid Now and Riders to Return Later
NJ Transit’s budget plan has no fare hikes for two years, thanks to federal aid. But the aid will dry up, and ridership isn’t expected to return to pre-pandemic levels for years. Can NJ Transit provide service in the long term for those who rely on it? (NJ Spotlight News)

'Are these Numbers Real?': The Story Last Year that Helped Change the Perception of COVID-19
A year ago this weekend, an interview about life inside Holy Name Medical Center sent shockwaves through New Jersey and around the nation. (ROI-NJ)

Murphy Nominates Former Ginsburg Clerk for State Supreme Court
Gov. Phil Murphy today nominated a civil rights attorney and a former Ruth Bader Ginsburg clerk to join the N.J. Supreme Court. Rachel Wainer Apter, 40, is director of the state Division of Civil Rights and formerly an attorney for the American Civil Liberties Union. (nj.com)

Join Our Webinar on Thursday, March 18 - Cannabis: It's Legal. It's Here.
What’s next? What does it mean for the state? What does it mean for your business? Register. (N.J. Chamber of Commerce)

March Madness 2021: Rutgers is Dancing
For the first time in 30 years, the Rutgers University men's basketball team made it to the NCAA Tournament. Rutgers (15-11) drew a 10-seed and a Friday matchup against No. 7-seed Clemson (16-7). (nj.com)

We Asked N.J. Chamber Members: How Has the Past Year Changed You?
"I’m acting on the to-do's around the home. Taking walks around the neighborhood, connecting with neighbors, and supporting local businesses." – Swati Patel, senior manager-assurance, Ernst & Young. Read more here. (N.J. Chamber of Commerce)

 

NJ Coronavirus Cases 
(Source: N.J. Health Department)

Total Confirmed Deaths Reported: 21,429
Total Confirmed COVID-19 Cases Reported: 742,051
Data: Hospitalizations and Discharges | Vaccinations

 

* Resources From NJ Chamber of Commerce


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