COVID-19

SBAIC is strongly committed to the safety and security of all implementing partners. To help us respond to your questions, we request you send us any questions you may have collected by Tuesday at noon each week. We will do our best to address/update our FAQs weekly. If something urgent comes up, please feel free to reach out to us immediately: memberservices@sbaic.org

August 24, 2020 Update

Please Section 3610 of the CARES Act references government contractors and repayment of the PPP and below is a link to the legislation.  
https://www.congress.gov/116/bills/hr748/BILLS-116hr748enr.pdf

Treasury has created FAQ’s and the link is listed below.
https://home.treasury.gov/system/files/136/PPP–Loan-Forgiveness-FAQs.pdf

The link below shows other programs available to small businesses like the bridge loan and debt relief programs.
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options

Companies involved in international development, especially involved in export, can contact the Office of International Trade from the link below.https://www.sba.gov/about-sba/sba-locations/headquarters-offices/office-international-trade

June 16, 2020 Update

USAID has updated its COVID-19 frequently asked questions for partners. All updates are highlighted in yellow, and include topics concerning funding opportunities, allowable costs, and authorized departures and evacuations.

Additionally, USAID has issued updated PPE Guidance, announced earlier this week. This includes the FAQ on PPE document as well as the General guidance on PPE document.

Finally, USAID reached out to the Office of Management and Budget (OMB) to find out if they are planning to extend the flexibilities provided in the OMB memoranda dealing with COVID-19 issues: M-20-11, “Administrative Relief for Recipients and Applicants of Federal Financial Assistance Directly Impacted by the Novel Coronavirus (COVID-19),” issued on March 9, 2020 and M-20-17, “Administrative Relief for Recipients and Applicants of Federal Financial Assistance Directly Impacted by the Novel Coronavirus (COVID-19) due to Loss of Operations,” issued on March 19, 2020. OMB informed us that they are working on updates and hope to get them out by June 18, 2020. As soon as we hear from OMB we will update USAID’s Memo to reflect the OMB flexibilities.

For a full list of Implementing Partner FAQs related to COVID-19, please see the COVID-19 Implementing Partner Resource Page.