SBA and Treasury Release Paycheck Protection Program Loan Forgiveness Application
On Friday, May 15 the Small Business Administration (SBA), in consultation with the Department of the Treasury, released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application.
The form and instructions inform borrowers how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The SBA will also soon issue regulations and guidance to further assist borrowers as they complete their applications, and to provide lenders with guidance on their responsibilities.
The form and instructions include several measures to reduce compliance burdens and simplify the process for borrowers, including:
*adapted from a press release from the SBA
Webinar For PPP Forgiveness
The Idaho Nonprofit Center is planning a free webinar with more information and a Q & A session for those of us with questions about loan forgiveness. We will share that information with you as soon as we can confirm the date and time.
PPP/EIDL FLASH POLL
In the meantime, please complete this flash poll regarding your access to PPP/EIDL/Rebound Idaho funds if you have not yet. It should take less than 3 minutes to complete and can help us with our advocacy efforts. Note: if you tried last week and were unable to do so, the skip logic has been corrected. Thank you!
Feedback to Attorney General
The Attorney General’s Office has created a draft online form for charitable organizations and their representatives to complete when they trigger the notice provision of the Idaho Charitable Assets Protection Act (ICAPA), title 48, chapter 19, Idaho Code, which will become effective July 1, 2020.
Please let them know if you have any suggestions for improving the language or format.
Upcoming INC Events:
Leading Our Remote Staff
Kootenai Regional Roundtable:
Blaine County Regional Roundtable:
Treasure Valley Regional Roundtable:
Board Member Boot Camp
Farmers Market Promotion Program
The Farmers Market Promotion Program (FMPP) funds projects that develop, coordinate and expand direct producer-to-consumer markets to help increase access to and availability of locally and regionally produced agricultural products by developing, coordinating, expanding, and providing outreach, training, and technical assistance to domestic farmers markets, roadside stands, community-supported agriculture programs, agritourism activities, online sales or other direct producer-to-consumer (including direct producer-consumer-retail, direct producer-to-restaurant and direct producer-to-institutional marketing} market opportunities. A 25% match is required.
District Grants and COVID-19 Projects
Applications for Rotary Foundation district grants are being accepted now for the 2020-2021 Rotary year. The amount available to us next year is about $48,000. Clubs are encouraged to apply online at the MatchingGrants.org website. Instructions and funding information are available at the district website in The Rotary Foundation section.
Childcare Emergency Grant
In support of all Idahoans safely returning to work, Idaho Childcare Emergency Grants are available for most Idaho childcare programs that provide work related childcare; that are currently licensed by the State of Idaho or their city and/or currently certified for the Idaho Child Care Program.
COVID-19 Response and Recovery Fund for Idaho
The Idaho Community Foundation, United Ways in Idaho and Idaho Nonprofit Center have partnered to create the COVID-19 Response and Recovery Fund for Idaho, which provides grants to trusted organizations that support and serve low-income Idahoans.
SBA Disaster Assistance in Response to the Coronavirus
The U.S Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).
FEMA Application for Nonprofits
All 50 states, the District of Columbia, five territories, and numerous tribes are working directly with FEMA under President Trump’s March 13, 2020, nationwide emergency declaration for COVID-19. Under this emergency declaration, and subsequent major disaster declarations, certain private non-profit (PNP) organizations are eligible to apply for funding through FEMA’s Public Assistance program. This fact sheet provides guidance for determining the eligibility of PNP applicants and work performed in accordance with the COVID-19 emergency and major disaster declarations.
Homeless Veteran Assistance
The VA Homeless Providers Grant and Per Diem Program provides funding for eligible entities to provide transitional housing beds or service centers for veterans who are homeless or at risk for becoming homeless.
Rocky Mountain Power Foundation offers support for community organizations responding to COVID-19
Community organizations are facing unprecedented challenges and demand for vital services. Through Rocky Mountain Power’s charitable arm, the Rocky Mountain Power Foundation has committed $311,500 for immediate support to critical community-serving organizations in Utah, Wyoming and Idaho.
We hope you find these resources beneficial. We welcome suggestions on how we can improve this section. Contact us at