> Covid-19 Update: Changes to PPP and Events This Week

Covid-19 Update: Changes to PPP and Events This Week

PPP Improvements: The Paycheck Protection Flexibility Act was signed into law Friday. The Act makes several important changes to the Paycheck Protection Program (PPP).

The new law eases some of the program’s restrictions, giving small businesses more time to use their loans and letting borrowers spend more of their loans on non-payroll expenses.

Key changes to the PPP include:
  • Extends the period to use PPP funds from 8 weeks to 24 weeks
  • Reduces the minimum payroll spend to 60% (from 75%)
    Borrowers can now use the 24-week period to fully restore their workforce levels and wages (December 31 instead of June 30)
  • Businesses now have five years to repay the loan, instead of two
The new legislation also includes a number of updates and exceptions related to loan forgiveness, the rehiring of employees, and the payment of payroll taxes.

While demand for PPP loans has slowed, funding remains available. More information can be found on the SBA website, including a tool to find lenders that are still issuing PPP loans.

Ways to Learn More: Connecticut's Small Business Development Center will present a webinar this Wednesday, June 10, at 11 a.m. on the PPP program, and what the changes in the Flexibility Act will mean for businesses who have not applied yet as well as those who already have. Click here to register.

You are also invited to the Chamber's Virtual Roundtable, held every Monday at noon via Zoom. This is an opportunity to share how you're grappling with the Covid-19 crisis, get ideas from your peers, and support each other.

In addition, Chamber Executive Director Adam Gutcheon and Jim Burke from the Town of Windsor will review the current state of the crisis, state and federal business relief measures (including the Flexibility Act), and what the Town and Chamber are doing in response.

Are You Open? Let Us Know: As Connecticut gets into the swing of reopening, the Chamber is here to help you spread the word. Please let us know your reopening plans so we can share them with the public in our Windsor Open For Business guide, and with our state and regional partners. Our seven-question should take no more than five minutes to fill out. Click HERE to take the survey.


Add Event

Events

Mini Art Show
Ends Oct. 29 at Windsor Art Center, 40 Mechanic St, Windsor, Ct.
Cooking with Viji
Oct 22 at Virtual/Online
Granby Artists: Season of Change
Oct 22 at Windsor Art Center
Fidelco Guide Dog Fundraiser
Oct 23 at The Bean@226
Flashlight Maze @ Brown's Harvest
Weekends thru 10/30 at Brown's Harvest 1911 Poquonock Ave
Annie’s World
Oct 24 at Windsor Historical Society
Artist Pop-Up at Bart's!
Oct 24 at Bart’s Drive-In parking lot
Fall Family Fun at Brown's Harvest
Oct 24 at Brown's Harvest 1911 Poquonock Ave
Flashlight Maze @ Brown's Harvest
Weekends thru 10/30 at Brown's Harvest 1911 Poquonock Ave
Granby Artists: Season of Change
Oct 24 at Windsor Art Center
Fall Family Fun at Brown's Harvest
Oct 25 at Brown's Harvest 1911 Poquonock Ave
Granby Artists: Season of Change
Oct 25 at Windsor Art Center
Virtual Business Roundtable
Every Other Monday at online
Financial Health Literacy
Oct 27 at Virtual/Online
Voice-Overs
Oct 28 at Virtual/Online
Flashlight Maze @ Brown's Harvest
Weekends thru 10/30 at Brown's Harvest 1911 Poquonock Ave
Trunk or Treat
Oct 30 at The Preserve at Great Pond Apartments - Right off Dayhill Rd
Artist-in-Residence Exhibitions
Oct 31 - Nov 12 at Windsor Art Center
Fall Family Fun at Brown's Harvest
Oct 31 at Brown's Harvest 1911 Poquonock Ave
Music Mystery Scavenger Hunt
Oct 31 at The Music School at Sound Crossing & the First Church in Windsor cemetery
Artist-in-Residence Exhibitions
Oct 31 - Nov 12 at Windsor Art Center
Fall Family Fun at Brown's Harvest
Nov 1 at Brown's Harvest 1911 Poquonock Ave
Flower Painting 3-week Series
Nov 1 at Train Station Studio Classroom
Annual Fall Art Exhibition
Nov 2 at Windsor Town Hall
Artist-in-Residence Exhibitions
Oct 31 - Nov 12 at Windsor Art Center
Secondhand in First Town Tag Sale!
Nov 6 at Windsor Historical Society
Cooking With Sue
Nov 7 at Virtual/Online
History book Annex Sale Benefit
Nov 7 at Loomis building near Windsor Historical Society
Secondhand in First Town Tag Sale!
Nov 7 at Windsor Historical Society
Secondhand in First Town Tag Sale!
Nov 8 at Windsor Historical Society
Alzheimer's Support Group
Nov 9 at Kimberly Hall North 1 Emerson Dr. Windsor CT 06095 (via zoom)
Virtual Business Roundtable
Every Other Monday at online
Chamber 101
Nov 10 at Zoom
Board of Directors Mtg
Nov 10 at online
Cooking with Viji
Nov 10 at Virtual/Online
Transportation Comm. Mtg
Nov 10 at online
Programs Committee Mtg
Nov 16 at online
Tourism Committee Meeting
3rd Tuesdays at online
Annie’s Kitchen
Nov 21 at Windsor Historical Society
Lunch Program - 60+ Delivery/PickUp
Weekdays at The Senior Center
Virtual Business Roundtable
Every Other Monday at online
Virtual Business Roundtable
Every Other Monday at online
Chamber 101
Nov 10 at Zoom
Board of Directors Mtg
Nov 10 at online
Transportation Comm. Mtg
Nov 10 at online
Programs Committee Mtg
Nov 16 at online
Tourism Committee Meeting
3rd Tuesdays at online
Mini Art Show
Ends Oct. 29 at Windsor Art Center, 40 Mechanic St, Windsor, Ct.
Cooking with Viji
Oct 22 at Virtual/Online
Granby Artists: Season of Change
Oct 22 at Windsor Art Center
Mini Art Show
Ends Oct. 29 at Windsor Art Center, 40 Mechanic St, Windsor, Ct.
Cooking with Viji
Oct 22 at Virtual/Online
Granby Artists: Season of Change
Oct 22 at Windsor Art Center
Fidelco Guide Dog Fundraiser
Oct 23 at The Bean@226
Flashlight Maze @ Brown's Harvest
Weekends thru 10/30 at Brown's Harvest 1911 Poquonock Ave
Annie’s World
Oct 24 at Windsor Historical Society
Artist Pop-Up at Bart's!
Oct 24 at Bart’s Drive-In parking lot
Fall Family Fun at Brown's Harvest
Oct 24 at Brown's Harvest 1911 Poquonock Ave
Flashlight Maze @ Brown's Harvest
Weekends thru 10/30 at Brown's Harvest 1911 Poquonock Ave
Granby Artists: Season of Change
Oct 24 at Windsor Art Center
Fall Family Fun at Brown's Harvest
Oct 25 at Brown's Harvest 1911 Poquonock Ave
Granby Artists: Season of Change
Oct 25 at Windsor Art Center
Virtual Business Roundtable
Every Other Monday at online
Financial Health Literacy
Oct 27 at Virtual/Online
Voice-Overs
Oct 28 at Virtual/Online
Mini Art Show
Ends Oct. 29 at Windsor Art Center, 40 Mechanic St, Windsor, Ct.
Fidelco Guide Dog Fundraiser
Oct 23 at The Bean@226
Flashlight Maze @ Brown's Harvest
Weekends thru 10/30 at Brown's Harvest 1911 Poquonock Ave
Annie’s World
Oct 24 at Windsor Historical Society
Artist Pop-Up at Bart's!
Oct 24 at Bart’s Drive-In parking lot
Fall Family Fun at Brown's Harvest
Oct 24 at Brown's Harvest 1911 Poquonock Ave
Flashlight Maze @ Brown's Harvest
Weekends thru 10/30 at Brown's Harvest 1911 Poquonock Ave
Granby Artists: Season of Change
Oct 24 at Windsor Art Center
Fall Family Fun at Brown's Harvest
Oct 25 at Brown's Harvest 1911 Poquonock Ave
Granby Artists: Season of Change
Oct 25 at Windsor Art Center