* RESOURCE CENTER *
To Our Members:
The federal government has put out not one but two lifelines for businesses to help keep them afloat during the COVID-19 crisis. The Paycheck Protection Plan (PPP) and the Economic Injury Disaster Loans (EIDL) are two programs designed to QUICKLY provide funds to cover immediate needs and longer-term obligations. Materials on these programs are posted to the COVID-19 Resource Center of our website.
It is critical that you work to review these programs and apply for them AS SOON AS POSSIBLE! The expectations are high that there will be overwhelming interest in them, especially the PPP as that is open to virtually all businesses with less than 500 employees. Talk to your banker, give us a call, or directly fill out the application and submit it to your lender of choice. They are taking applications now and, per information we have received, started processing them on Friday, April 3rd.
DO NOT DELAY!
Thanks for all you are doing for your clients. Now let’s do something for you.
NAIFA-NYS is the only organization exclusively representing life insurance agents & financial advisors in NYS – encouraging a strong marketplace, enhanced business & professional skills, and ethical conduct.
NAIFA-NYS staff, as required by
the Governor, are now working remotely
in response to COVID-19. We remain fully
accessible via phone and e-mail.
Breaking News from the Official NAIFA-NYS Magazine: