Louisiana’s stay at home order was extended through the end of April, with indications it could last longer than that.
In response, the feds included a substantial package of Small Business Administration loans in the COVID-19 bailout package aimed at keeping as many workers as possible on payrolls by allowing businesses with under 500 employees to take a two-month loan for 2.5 times their aggregate monthly payroll cost from 2019. CPA Ben Vance says the funds can only be used for payroll, rent, utilities, and some interest costs, but…
National Federation of Independent Business surveyed their members and said even with some federal interventions, many small businesses won’t be able to survive a prolonged shutdown.
Cut 3 (07) “…three to six months.”
The CDC recommends Americans wear a facemask when out in public to slow down the spread of COVID-19…
Cut 2 (30) “…I’m Jeff Palermo”
The Army Corps of Engineers began opening the Bonnet Carre Spillway yesterday to protect New Orleans levees from the rising Mississippi River. Colonel Stephen Murphy says COVID-19 may have many workers staying home, but levee workers are essential.