House Passes $484 billion Coronavirus Relief Bill At noon President Trump signed a $484 billion coronavirus relief package to help small businesses and hospitals after the House voted overwhelmingly to pass the bill on Thursday. The legislation will give $320 billion to replenish the Paycheck Protection Program (PPP), $75 billion to aid hospitals, and an… Read More »
Category: Featured
Friday Update: Coronavirus Relief Bill, NC’s Phased Reopening Plan
CARES Act Programs Available to Small Businesses
As we continue to monitor the evolving policies enacted in response to COVID 19 we are working to connect you to information and resources that can help. The following information offers an overview of an article provided by Kilpatrick Townsend and Stockton, LLP detailing the following programs: Paycheck Protection ProgramEconomic Injury Disaster Loans Main Street… Read More »
Mask the City
A broad cross-section of community leaders, including those from Novant Health and Wake Forest Baptist Health, joined Winston-Salem Mayor Allen Joines today to announce a new initiative called Mask the City to help reduce the spread of COVID-19 in this area. The purpose of Mask the City is to provide everyone in Winston-Salem access to… Read More »
Swipeby Expands its Curbside Pickup App to Small Businesses
Swipeby, a local tech startup housed at Winston Starts, offers an app to facilitate curbside pickup for restaurants. Over the past year, the company has grown from working with dozens of restaurants in the Winston-Salem market, to scaling regionally and nationally through partnerships with chains like Firehouse Subs. Suddenly, as the Coronavirus outbreak unfolded, the Swipeby app was no… Read More »
Main Street Lending Program
The Main Street Lending Program (MSLP) is a new lending program being offered by the Federal Reserve (The Fed) to provide relief for businesses during the COVID-19 pandemic and accompanying economic downturn. Unlike the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) funds, these programs are not administered by the Small Business Administration… Read More »
Social Distancing Actions for Retailers and Unemployment Guidance for Employers
Governor Roy Cooper took additional actions to the address the spread of COVID-19 in North Carolina by issuing stronger social distancing requirements and speeding up the process to get benefits to people out of work. The key provisions of the order are requirements that retail stores still in operation have to implement new social distancing… Read More »