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The original item was published from 6/5/2020 4:20:26 PM to 7/1/2020 12:00:03 AM.

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Posted on: June 5, 2020

[ARCHIVED] Small Business Grant Applications Open; Phase 2 start announcement tomorrow; Outdoor seating update

Applications for Brookline’s Small Business Relief Grant Program are now OPEN

Applications for Brookline’s Small Business Relief Grant Program are now open! Program guidelines and application link now available on the Small Business Relief Grant Program page.

Program inquiries can be directed to Meredith L. Mooney, Economic Development Planner, at [email protected] or 617-264-6478.

Businesses are also encouraged to participate in the Town’s weekly virtual town hall meetings with the Brookline business community to learn more about and participate in Q&A about the Small Business Relief Program. These virtual town hall meetings are held every Thursday at 9am via Zoom videoconference:

Governor Baker is expected to announce the start date of Phase 2 tomorrow, Saturday, June 6th

It’s anticipated that Governor Baker will announce the start date of Phase 2 of the state’s Reopening Plan tomorrow, Saturday, June 6 at 1:00pm.

Update and guidance regarding outdoor seating

Once Phase 2 begins, restaurants with approved outdoor seating as part of their Common Victuallers license will be able to offer outdoor dining to patrons in accordance with the state’s Restaurant Safety Standards. The Town has put together a Reopening Packet for Restaurants. The Town recommends that you prepare an updated outdoor seating diagram reflecting required social distancing measures for Health Department review during spot checks.

The Town is in the process of developing a streamlined outdoor seating review and approval process for restaurants that do not currently have outdoor seating approval. All requests and inquiries regarding outdoor seating can be referred to the Town’s Senior Licensing Clerk, Tiffany Souza: [email protected].

Paycheck Protection Program Flexibility Act Enacted

This morning, the Paycheck Protection Program Flexibility Act was signed into law. Key elements of the bill include:

  • PPP borrowers can choose to extend the eight-week period to 24 weeks, or they can keep the original eight-week period. This flexibility is designed to make it easier for more borrowers to reach full, or almost full, forgiveness.
  • The payroll expenditure requirement drops to 60% from 75%. However, it draws a specific line requiring borrowers to spend at least 60% on payroll or none of the loan will be forgiven.
  • Borrowers now have a 24-week period to restore their workforce numbers and wages to the pre-COVID numbers required for full forgiveness. This is required to be complete by Dec. 31, changing the previous deadline of June 30.
  • Borrowers have five years to repay the loan in place of the original two. The interest rate continues to remain at 1%.
  • The bill allows businesses with a PPP loan to also delay payment of their payroll taxes.
  • The new bill allows borrowers to make adjustments due to inability to restore qualified employees or inability to restore business operations to Feb. 15, 2020, levels due to COVID-19 related operating restrictions.

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