How to Maximize PPP Loan Forgiveness

 

There is still ambiguity regarding the process of spending Paycheck Protection Program (PPP) loan funds during the 8-week period of receiving the funds. This has left borrowers wondering, how can I become eligible for loan forgiveness?

In this webinar we discuss how your PPP loan funds should be spent and how they should be tracked so you loan can become eligible for forgiveness. We also have a Q&A session at the end of our webinar.

This is an unprecedented time in our country’s history and economy. Don’t miss this opportunity to learn how to maximize your PPP loan funds so you can receive the most loan forgiveness.

 

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It’s Our Business to Protect Yours!

Federated Insurance provides a brief history as well as an overview of our structure to serve PMPA Members. We review recommended insurance programs and specialized coverages specific to the machining and manufacturing industry, and an overview of our risk management services and tools available to clients to assist in operating their business.

 

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All Things Grainger for PMPA Members

 

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Grainger, a PMPA endorsed member benefit provider covers the newly minted Grainger/PMPA agreement and discuss the NEW Committed Offer Program. Grainger also reviews the range of services provided as well as a focus on key segments of every members business: Metalworking, safety, inventory management and even roof repair. 

 

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Shipping Programs for PMPA Members

 

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PartnerShip, a PMPA endorsed member benefit provider that manages the PMPA Shipping Program, will be providing a free webinar that will demonstrate 5 key strategies to help businesses reduce shipping expenses. Here’s your chance to learn about your shipping options, and what can be done to lower your overall shipping expenses.

 

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All Things Energy for PMPA Members

 

APPI Energy, a brand new Affinity Partner of PMPA will walk through all of the energy solutions that can it can provide for PMPA Members. Noel Temple of APPI Energy will review the Marseilles Lock and Dam Hydroelectric Water Power Project as well as combined heat and power energy efficiency, demand response program compensation, turnkey LED lighting programs, solar PV solutions, utility bill management, procurement processes and much more!

 

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6-21-21 State Workforce Grants, Tax Incentive Tracking Matrix provided by The Franklin Partnership

Franklin Partnership

Florida: Incumbent Worker Training –  applications open July 1: With a focus on helping Florida’s small businesses, the grants reimburse companies up to 75 percent for pre-approved training costs. Companies choose their training provider based on the skills needed. Applying online is easy and approval is quick. https://careersourceflorida.com/training-grant/

 

Iowa: STEM Internships – applications open July 1: The Science, Technology, Engineering and Mathematics (STEM) Internship program provides grants to Iowa companies for internship programs with a goal of transitioning interns to full-time employment in Iowa upon graduation. The goal is to retain educated workers in Iowa. Must participate in a substantive experience in an area closely related to the student’s STEM field. Maximum award to an employer in any one fiscal year shall not exceed $50,000. For every two dollars of wages earned by the student, one dollar paid by the employer is matched by one dollar from the Iowa Economic Development Authority (IEDA) and up to $5,000 per intern. https://www.iowaeda.com/grow/stem-internships/

 

Missouri Works Training: – The Tax Credit Accountability Act Reporting Form must also be submitted to the Department of Revenue by June 30th each year the company receives tax credits and for the three years following the issuance of the tax credits. As the state’s number one incentive tool for expansion and retention, this program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri. The Tax Credit Accountability Act Reporting Form must also be submitted to the Department of Revenue by June 30th each year the company receives tax credits and for the three years following the issuance of the tax credits. https://ded.mo.gov/programs/business/missouri-works

 

Other Grants: Dept. of Labor ETA: Workforce Opportunity for Rural Communities (WORC). Award floor $150,000; ceiling $1,500,000. Application Deadline July 1. The WORC Initiative is designed to facilitate the alignment of workforce development efforts with existing economic development strategies in rural communities hard hit by economic transition and recovering slowly. The WORC Initiative provides grant funds to enable impacted communities to develop local and regional workforce development solutions aligned with existing economic development strategies and community partnerships to promote new, sustainable job opportunities and long-term economic vitality. These grants support workforce development activities that prepare dislocated workers, new entrants to the workforce, and incumbent workers for good jobs in high-demand occupations aligned with a regional or community economic development strategy. https://www.grants.gov/web/grants/view-opportunity.html?oppId=333025

 

Other Grants: National Science Foundation Improving Undergraduate STEM Education: Education and Human Resources: EHR is a core NSF STEM education program that seeks to promote novel, creative, and transformative approaches to generating and using new knowledge about STEM teaching and learning to improve STEM education for undergraduate students. The program is open to application from all institutions of higher education and associated organizations. NSF places high value on educating students to be leaders and innovators in emerging and rapidly changing STEM fields as well as educating a scientifically literate public. In pursuit of this goal, IUSE: EHR supports projects that seek to bring recent advances in STEM knowledge into undergraduate education, that adapt, improve, and incorporate evidence-based practices into STEM teaching and learning, and that lay the groundwork for institutional improvement in STEM education. In addition to innovative work at the frontier of STEM education, this program also encourages replication of research studies at different types of institutions and with different student bodies to produce deeper knowledge about the effectiveness and transferability of findings. https://www.nsf.gov/pubs/2021/nsf21579/nsf21579.htm

 

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Major Enhancements to Paperless Parts: See the Newest Features Yourself

 

June 24 | 11 AM

Maybe you’ve seen an overview of the industry’s leading quoting and estimating platform, but you probably haven’t seen the newest enhancements to the software that customers are calling “game-changing.” In this 25 minute presentation, you’ll see Advanced Analytics and Workflows– two new features that Paperless developed this year directly from customer feedback and beta testing. Stay for Q&A with Dean Tanner, Strategic Accounts Manager at Paperless Parts.

 

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Disaster Planning – Stay Open For Business Program

 

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Many businesses are not prepared to respond to a man-made or natural disaster. Small businesses are particularly at risk because their operations may be concentrated in one location that could become inaccessible or inoperable. 

 

To help businesses prepare, IBHS created this free, easy-to-use tool for building and maintaining a business continuity plan. Designed specifically for small- to mid-size businesses. OFB-EZ will help you prepare for and recover from any type of business disruption from severe weather to a virus outbreak. 

 

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