The Bardstown- Nelson County Chamber of Commerce and Kentucky Career Center are hosting a Job Fair on June 24th from 10am- 2pm at Guthrie Opportunity Center in Bardstown, KY. Local Businesses want to hire you! Meet Employers from a variety of industries including; business, information technology, advanced manufacturing, healthcare, construction, and transportation. Contact Lisa Thomas at 502-348-9545 or lisa@bardstownchamber.com for more information.

In order to reach the smallest businesses, SBA will offer PPP loans to businesses with fewer than 20 employees and sole proprietors only from Wednesday, February 24 through Wednesday, March 10, 2021. President Biden has also announced additional program changes to make access to PPP loans more equitable.

Read more at: https://www.sba.gov/…/coron…/paycheck-protection-program

COVID-19 Vaccine Information

𝐓𝐡𝐞 𝐋𝐢𝐧𝐜𝐨𝐥𝐧 𝐓𝐫𝐚𝐢𝐥 𝐃𝐢𝐬𝐭𝐫𝐢𝐜𝐭 𝐇𝐞𝐚𝐥𝐭𝐡 𝐃𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭 𝐢𝐬 𝐛𝐞𝐠𝐢𝐧𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧 𝐭𝐨 𝐏𝐡𝐚𝐬𝐞 𝟏𝐁 𝐯𝐚𝐜𝐜𝐢𝐧𝐞 𝐝𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧.

Starting January 20 at 9:00 a.m. , individuals included in Phase 1B, as well as anyone from Phase 1A who has not received a vaccine, residing in the Lincoln Trail District can register for a vaccine appointment on our website. This includes healthcare workers, first responders, and adults age 70-years-old and older. The state has coordinated vaccination efforts for K-12 school personnel—these plans have been shared with school leadership across Kentucky. We do not have an active role in vaccinating this workforce.Individuals in these groups who do not have internet access can call our main office at (270) 769-1601 and press option 1 to receive help with scheduling.Appointments will be booked on a first-come, first-serve basis dependent on vaccine supply. We will not accept patients who do not have a scheduled appointment. Please visit ltdhd.org/vaccine-registration-phase1b for complete details on Phase 1B Vaccine Registration, including which forms/documents you should bring to your appointment and how to register with V-Safe.Once the appointment slots are filled, visit govstatus.egov.com/kycovid19 for information regarding additional vaccination sites that will be available in February.Please note: Registration does not open until tomorrow, January 20 at 9:00 a.m. and is only for healthcare workers, first responders, adults 70-years-old and older residing in the Lincoln Trail District. Proof of identity, age, and residency will be required upon appointment arrival and inability to provide documentation will result in being turned away.

Join this webinar for a preliminary overview of the Shuttered Venue Operators Grant program.

Join this webinar for a preliminary overview of the Shuttered Venue Operators Grant program included in the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act signed into law by President Trump on Dec. 27, 2020. Eligible organizations with a reduction in revenue due to the COVID-19 pandemic will have the opportunity to receive up to a $10 million grant under the program. In total, the Economic Aid Act allocates $15 billion for the Shuttered Venue Operators Grants. This webinar will provide introductory information about the grants, who can apply, how potential organizations can prepare, and other detail re: eligibility and applications.

This webinar will be recorded.

Link to Register for Webinar

SBA, in consultation with the U.S. Treasury Department, reopened the Paycheck Protection Program (PPP) for First Draw Loans the week of January 11, 2021.

To promote access for smaller lenders and their customers, SBA will initially only accept First Draw PPP Loan applications from participating community financial institutions (CFIs), which include Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified Development Companies (CDCs), and Microloan Intermediaries. Paycheck Protection Program lending will reopen to all participating lenders shortly thereafter.

Borrowers can be matched with qualified PPP lenders using SBA Lender Match.

Loan details

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. First Draw PPP Loans can be used to help fund payroll costs, including benefits, and may also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.

SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.

• PPP loans have an interest rate of 1%.
• Loans issued prior to June 5 have a maturity of 2 years. Loans issued after June 5 have a maturity of 5 years.
• Loan payments will be deferred for borrowers who apply for loan forgiveness until SBA remits the borrower’s loan forgiveness amount to the lender. If a borrower does not apply for loan forgiveness, payments are deferred 10 months after the end of the covered period for the borrower’s loan forgiveness (either 8 weeks or 24 weeks).
• No collateral or personal guarantees are required.
• Neither the government nor lenders will charge small businesses any fees.

Who may qualify

The following entities affected by Coronavirus (COVID-19) may be eligible:

• Sole proprietors, independent contractors, and self-employed persons
• Any small business concern that meets SBA’s size standards (either the industry based sized standard or the alternative size standard)
• Any business, 501(c)(3) non-profit organization, 501(c)(19) veterans organization, or Tribal business concern (sec. 31(b)(2)(C) of the Small Business Act) with the greater of:
  • 500 employees, or
  • That meets the SBA industry size standard if more than 500
• Any business with a NAICS Code that begins with 72 (Accommodations and Food Services) that has more than one physical location and employs less than 500 per location

How and when to apply

You can apply for a First Draw PPP Loan until March 31, 2021, through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. You should consult with your local lender to find out whether it is participating in the program. All new First Draw PPP Loans will have the same terms regardless of lender or borrower.

To be matched with a participating PPP lender, visit SBA Lender Match.

If you wish to begin preparing your application, you can download the following PPP borrower application form to see the information that will be requested from you when you apply with a lender:

• Paycheck Protection Program First Draw Borrower Application Form (revised 01-08-21)

Supplemental Materials

• Top-line Overview of PPP First Draw Loans
• Frequently Asked Questions for Lenders and Borrowers (12-09-20)
• How to Calculate Loan Amounts (06-26-20)
• Frequently Asked Questions for Faith-Based Organizations Participating in the Paycheck Protection Program and Economic Injury Disaster Loan Program
• PPP Myth vs. Fact

Affiliation Rules

• Paycheck Protection Program Affiliation Rules
• Interim Final Rule for Applicable Affiliation Rules

Reapplying and Loan Increases

Existing PPP borrowers that did not receive loan forgiveness by December 27, 2020 may:

1. reapply for a First Draw PPP Loan if they previously returned some or all of their First Draw PPP Loan funds, or
2. under certain circumstances, request to modify their First Draw PPP Loan amount if they previously did not accept the full amount for which they are eligible.

Click here to access the PPP Loan Application

As part of an end-of-year pandemic relief package, Congress has passed several changes to the Paycheck Protection Program (PPP) and created a “Second Draw” PPP for small businesses who have exhausted their initial loan. Other changes impact eligibility for initial PPP loans, the loan forgiveness process, and the tax treatment of PPP loans.  

Congress has also made changes to other programs – including Economic Injury Disaster Loans (EIDL Program), the Employee Retention Tax Credit, a Venue Grant program, and SBA loan programs –that will benefit small businesses. Here’s everything small business owners need to know now:  

Click Here : Guide to Small Business COVID-19 Emergency Loans | U.S. Chamber of Commerce