COVID-19 Resource Center for the Wood Flooring Industry
The National Wood Flooring Association (NWFA) and Hardwood Floors magazine continue to monitor the coronavirus (COVID-19) outbreak. As the situation changes by the minute, we want to serve as a resource to the wood flooring community during this unprecedented time. Our team will regularly update this webpage with related industry news, event cancellations, and resources you may find helpful. Read on for more information, and feel free to send company news and other resources to email@example.com.
Most NWFA members are small businesses, and many are impacted by the Coronavirus (COVID-19) pandemic. NWFA has reviewed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to gather information that will help eligible members navigate the programs available to them through the Small Business Administration.
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President Biden Signs “American Rescue Plan Act of 2021”
On Thursday, March 11, 2021, President Biden signed into law H.R. 1319, the “American Rescue Plan Act of 2021,” which provides additional relief to address the continued impact of the COVID-19 pandemic on the economy, public health, state and local governments, individuals, and businesses.
Changes to Paycheck Protection Program Increase Equitable Access to Relief
Recently the Biden-Harris Administration made several reforms to the Paycheck Protection Program (PPP)?to further ensure small businesses get the help they need, especially Mom-and-Pop businesses in underserved communities.
Two-Week PPP Application Window Opens Specifically for Small Businesses with Fewer than 20 Employees??
These changes to the Paycheck Protection Program (PPP) rules are meant to help small businesses and give them an exclusive window of time to apply for PPP funding starting February 24.?
Residential Remodeling Fully Recovered from the Beginning of COVID-19
Spending on residential improvements will continue to grow at a healthy pace over the next two years, according to experts speaking at an online press conference hosted by the NAHB Remodelers during the 2021 International Builders’ Show virtual experience. Professional remodelers from across the country agreed with the forecast, citing increased demand during COVID-19 and consumer confidence.
President Biden Announces Increased Purchase of COVID-19 Vaccines
The Biden administration has announced the purchase of an additional 200 million doses of vaccines from Pfizer/BioNTech and Moderna. The government anticipates distribution to 300 million Americans by mid-summer.
PPP 1 And 2 Loans: What Expenses Are Considered Covered Costs?
A second round of Paycheck Protection Program (PPP) loans brings many questions around funding eligibility and how the money can be spent to qualify for forgiveness. Once you have either a PPP1 or PPP2 loan, it’s important to understand what costs are covered so you can maximize forgiveness.
OSHA Issues Revised COVID-19 Workplace Guidance
The U.S. Department of Labor announced that its Occupational Safety and Health Administration (OSHA) has issued stronger worker safety guidance to help employers and workers implement a coronavirus prevention?program and better identify risks which could lead to exposure and contraction.
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers.?
COVID-19 Cleaning and Disinfecting: What’s Safe for Wood Floors?
Are your customers asking how they should clean wood floors during the pandemic? This blog has tips you can share about the importance of using appropriate cleaning products.
Fraud During COVID-19
With all the disruption of business as a result of the coronavirus, companies are vulnerable to fraud. The World Floor Covering Association (WFCA) has suggestions on ways to protect your company.
NWFA Real Answers: New PPP Loans and Budget Planning Tips for the Year Ahea?d
Michael Martin and Chris Zizza discuss details of new PPP loans, and tips for budget planning and sales forecasting for 2021.
Webinar Series: Collaborate from Home with Microsoft Teams
Anders CPAs + Advisors is offering a free two-part recorded webinar series to help jumpstart your company’s remote work efforts using Microsoft Teams.
Video Series: PPP With Paul And Dan
With new updates and legislation evolving quickly around the Paycheck Protection Program (PPP), the Anders CPAs + Advisors’ CARES Act Research and Response Team has been focused on relaying information you need to know. Two of the team members, Paul C. Rhea and Daniel K. Schindler, are sharing the latest changes around PPP loans and the forgiveness process in their video series: PPP with Paul and Dan.
Managing COVID-19 Anxiety and Safety at Work
KPA, a safety and compliance company, is offering free webinars and online courses which provide guidance on how to address COVID-19 in the workplace.
- Business Resources:
- Federal/State Resources:
- Cybersecurity & Infrastructure Security Agency – Cybersecurity Resources for COVID-19
- Federal Trade Commission – Coronavirus Advice for Consumers
- The National Governors Association is frequently updating information about non-essential business closures, stay-at-home orders, disaster declarations, small business loan programs, and more. Visit nga.org/coronavirus/#current to learn what’s happening in your state.
- U.S. Chamber of Commerce
- U.S. Department of Labor – COVID-19 and the Fair Labor Standards Act Questions and Answers
- Financial Assistance Resources:
- The Save Small Business Fund by the U.S. Chamber of Commerce Foundation
- Floor Covering Industry Foundation Grants and Applications
- U.S. Chamber of Commerce Coronavirus Emergency Loans Small Business Guide and Checklist
- U.S. Small Business Administration (SBA)
- The U.S. Department of the Treasury provides small business assistance information
- Health/Safety Resources:
- Industry Resources:
- The National Association of Home Builders (NAHB) has a state-by-state map showing where home builders can stay on the job.
- Forest Resources Association: https://www.forestresources.org/impact-of-covid-19-on-the-forest-products-industry