Coronavirus Related Updates - 04/14/2020

Answer: No. Small business concerns can be eligible borrowers even if they have more than 500 employees, as long as they satisfy the existing statutory and regulatory definition of a “small business concern” under section 3 of the Small Business Act, 15 U.S.C. 632. A business can qualify if it meets the SBA employee-based or revenue- 1 This document does not carry the force and effect of law independent of the statute and regulations on which it is based.  As of April 6, 2020 based size standard corresponding to its primary industry. Go to www.sba.gov/size for the industry size standards.
 
Additionally, a business can qualify for the Paycheck Protection Program as a small business concern if it met both tests in SBA’s “alternative size standard” as of March 27, 2020: (1) maximum tangible net worth of the business is not more than $15 million; and (2) the average net income after Federal income taxes (excluding any carry-over losses) of the business for the two full fiscal years before the date of the application is not more than $5 million.
 
A business that qualifies as a small business concern under section 3 of the Small Business Act, 15 U.S.C. 632, may truthfully attest to its eligibility for PPP loans. 

CDC Says Employees Exposed to COVID-19 Can Work if Well
The U.S. Centers for Disease Control and Prevention (CDC) has updated its interim guidance for employees in essential businesses who may have been exposed to someone with a suspected or confirmed case of COVID-19, outlining when employees can return to work.

Localities Limit Sales of 'Nonessential' Items
Some Costco, Target and Walmart stores can no longer sell clothing or electronics in parts of the U.S.

COVID-19 Scams Proliferate
Be alert for coronavirus-themed scams, from pop-up test sites to fraudulent small business loans.

FDA Echoes Safe Food-Handling Practices
Tips for enhancing standard food safety protocols during the COVID-19 pandemic.

E-Cig Application Deadline Extended
Courts grants FDA request for September deadline for premarket review of new tobacco products.

DOE Publishes COVID-19 Energy Sector Response Efforts and Frequently Asked Questions
The Department of Energy (DOE) posted a section to its website titled “COVID-19 Energy Sector Response Efforts and Frequently Asked Questions.” In that section, DOE provides a link to PMAA’s Coronavirus Resources page. Also, importantly for marketers, DOE provides a response to the Frequently Asked Question:  “How Can My Company Acquire PPE & Testing for Essential Personnel?” Click here to visit the website.

Terminal Access and Company COVID-19 Protocol Template
PMAA has been working to address a problem where some replacement drivers have not been allowed to receive on-site training to be carded for specific terminal facilities (which is usually allowed during disasters). In order to obtain terminal on-site training, it is especially important to do these things: