COVID-19 Response Resources
The Aluminum Recyclers Council (ARC) is committed to providing our members with the resources and services they need to manage their businesses through the issues surrounding the novel Coronavirus (COVID-19) pandemic. ARC will continue to monitor the situation and its impact to the industry.
Below are resources and information that can be used to help inform customers, legislators and others.
Advisory Memorandum on Identification of Essential Critical Infrastructure Workers During COVID-19 Response
As the Nation comes together to slow the spread of COVID-19, on March 16th the President issued updated Coronavirus Guidance for America that highlighted the importance of the critical infrastructure workforce.
Returning to Work During COVID-19
An Employer's Guide to State Reopening Orders
Some reopening orders apply to the entire state, while others carve out specific counties or localities.
COVID-19 Frequently Asked Questions for Employers
Answers to some of the most pertinent questions employers have had during this crisis, with a section devoted to Returning to Work.
Special Loan Programs
The following resources cover important information about available government and small business disaster funding programs.
PPP Extended Through August 8; SBA Resumed Accepting Applications on July 6 - A new amendment to the Paycheck Protection Program signed into law in early July gives businesses affected by the coronavirus pandemic more time to apply for federal funds.
SBA Releases New PPP Loan Forgiveness Application - The Small Business Administration has released an updated application form for Paycheck Protection Program borrowers seeking loan forgiveness on June 16, 2020. Under the PPP Flexibility Act, borrowers receiving PPP loans prior to June 5 will have the option to choose either an eight-week or a 24-week "covered period" during which they can spend their loan proceeds. View the new form here. The form instructions are here and the SBA's rule implementing the changes here.
SBA Economic Injury Disaster Loans (EIDL) - This loan program is available via the Small Business Administration (SBA) for small business – in most cases businesses with less than 500 employees.
Paycheck Protection Program (PPP) - Under the CARES act, the Small Business Administration (SBA) has loan funds that may be forgiven under the Paycheck Protection Program (PPP).
Paycheck Protection Program - Application Form
Paycheck Protection Program (PPP) Information Sheet - The Paycheck Protection Program (PPP) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis.
COVID-19 Disaster Funding for Government Contractors - The stimulus bill provides disaster funding for several small businesses with less than 500 employees. There are several smaller extruders who likely qualify.
Coronavirus (COVID-19): Small Business Guidance & Loan Resources - Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy.
COVID-19 Small Business Loan and Tax Relief Resources - SBA Economic Injury Disaster Loan Program
COVID-19 Useful Links
Eligible Paycheck Protection Program Expenses now deductible
The Treasury Department and the Internal Revenue Service issued guidance today allowing deductions for the payments of eligible expenses when such payments would result (or be expected to result) in the forgiveness of a loan (covered loan) under the Paycheck Protection Program (PPP).SBA issues regulations to reopen PPP loans and authorize second draw loans
SBA issues regulations to reopen PPP loans and authorize second draw loans
The Small Business Administration has issued regulations to reopen the Paycheck Protection Program and to authorize PPP Second Draw loans, as required by the year-end spending package Congress passed in December. The rules create the new PPP Second Draw program, which is limited to PPP borrowers with 300 or fewer employees that experienced a revenue decline of 25% or more in at least one quarter of 2020, as compared to the same quarter in 2019. Eligible businesses can apply for First or Second Draw PPP loans through March 31, 2021.
Workplace Testing for COVID-19 CDC Guidance Document - Workers in critical infrastructure sectors may be permitted to work if asymptomatic after potential exposure to a confirmed case of coronavirus disease 2019 (COVID-19), provided that worker infection prevention recommendations and controls are implemented.
Enforcement Guidance for Reporting Cases of COVID-19 - OSHA is no longer requiring confirmed COVID-19 cases to be recordable incidents unless there is objective evidence available that the cases are work related. Read the memo here.
PBGC to Allow to Pay Pension Premiums, Submit Filings - The Pension Benefit Guaranty Corporation has announced extended deadlines for certain upcoming pension premium payments and pension filings. With the exception of certain time-sensitive reports, all PBGC due dates between April 1 and July 15 have been extended to July 15.
Recorded Webinar: Tax Provisions for Manufacturers in the CARES Act & Families First Coronavirus Response Act - The National Association of Manufacturers hosted a webinar with the IRS Chief Counsel and Plante Moran discussing tax provisions for manufacturers in the CARES Act and the Families First Coronavirus Response Act. Watch here.
COVID-19 Industry Impact & Implementation Study - Industry Insights, a research and data analysis firm, is conducting an ongoing study to assess the impact of the coronavirus pandemic on a wide variety of industries.
IRS Provides New Guidance on Family Leave and Tax Credits - Guidance on tax credits authorized in the "phase two" COVID-19 bill to help small businesses offset the cost of new paid leave requirements.
Coronavirus (COVID-19) Website - CDC | White House | U.S. Department of Health & Human Services
How to prepare and protect yourself & What to do if you think you are sick
Families First Coronavirus Response Act: Questions and Answers - As provided under the legislation, the U.S. Department of Labor will be issuing implementing regulations. Additionally, as warranted, the Department will continue to provide compliance assistance to employers and employees on their responsibilities and rights under the FFCRA.
COVID-19 State Resources - View COVID-19 state and regional resources.
Guidance on the Essential Critical Infrastructure Workforce - As the Nation comes together to slow the spread of COVID-19, on March 16th, the President issued updated Coronavirus Guidance for America.
What's in the $2.2 trillion coronavirus Senate stimulus package - The bill is aimed primarily at addressing the economic calamity that's unfolding because of shutdowns intended to slow the spread of the outbreak, with analysts making dire predictions about soaring unemployment claims and economic contraction.
H.R. 748 Final Bill - Providing emergency assistance and health care response for individuals, families and businesses affected by the coronavirus pandemic.
COVID-19: Impact & Implementation Survey Executive Summary - More than 2,500 respondents from 25 client sectors and professions participated in the survey.
Agreement Between the White House and Senate Leaders on Stimulus!
The White House and Senate leaders reached a deal early Wednesday, March 26th on a massive stimulus package that they hope will keep the nation from falling into a deep recession because of the Coronavirus crisis.
The revamped Senate proposal will inject approximately $2 trillion into the economy, providing tax rebates, four months expanded unemployment benefits and a slew of business tax-relief provisions aimed at shoring up individual, family and business finances.
The deal includes, but is not limited to:
- Big Businesses: About $500 billion can be used to back loans and assistance to companies, including $50 billion for loans to U.S. airlines, as well as state and local governments.
- Small Businesses: More than $350 billion to aid small businesses.
- Hospitals: A $150 billion boost for hospitals and other health-care providers for equipment and supplies.
- Individuals: Direct payments to lower- and middle-income Americans of $1,200 for each adult, as well as $500 for each child. Senate Minority Leader Chuck Schumer said checks would be cut April 6.
- Unemployed: Unemployment insurance extension to four months, bolstered by $600 weekly. Eligibility would be expanded to cover more workers.
- Education: $30 billion in emergency education funding
- Transit: $25 billion in emergency transit funding
- Tax Credit: Creates an employee retention tax credit to incentivize businesses to keep workers on payroll during the crisis.
- Restrictions on Business Aid: Any company receiving a government loan would be subject to a ban on stock buybacks through the term of the loan plus one additional year. They also would have to limit executive bonuses and take steps to protect workers.
- Transparency: The Treasury Department would have to disclose the terms of loans or other aid to companies, and a new Treasury inspector general would oversee the lending program.
- Democrats won language that would bar any business owned by President Donald Trump or his family from getting loans from Treasury. Businesses owned by members of Congress, heads of executive departments and Vice President Mike Pence also would be blocked.
