SBA and Treasury Announce PPP Re-Opening; Issue New Guidance WASHINGTON – 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. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13.  The PPP will open to all participating lenders shortly thereafter. Updated PPP guidance outlining Program changes to enhance its effectiveness and accessibility was released on January 6 in accordance with the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act. This round of the PPP continues to prioritize millions of Americans employed by small businesses by authorizing up to $284 billion toward job retention and certain other expenses through March 31, 2021, and by allowing certain existing PPP borrowers to apply for a Second Draw PPP Loan. “The historically successful Paycheck Protection Program served as an economic lifeline to millions of small businesses and their employees when they needed it most,” said Administrator Jovita Carranza.  “Today’s guidance builds on the success of the program and adapts to the changing needs of small business owners by providing targeted relief and a simpler forgiveness process to ensure their path to recovery.” “The Paycheck Protection Program has successfully provided 5.2 million loans worth $525 billion to America’s small businesses, supporting more than 51 million jobs,” said Treasury Secretary Steven T. Mnuchin.  “This updated guidance enhances the PPP’s targeted relief to small businesses most impacted by COVID-19.  We are committed to implementing this round of PPP quickly to continue supporting American small businesses and their workers.” Key PPP updates include: PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs; PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures; The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations, among other types of organizations; The PPP provides greater flexibility for seasonal employees; Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount; and Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan. A borrower is generally eligible for a Second Draw PPP Loan if the borrower: Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses; Has no more than 300 employees; and Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020. The new guidance released includes: PPP Guidance from SBA Administrator Carranza on Accessing Capital for Minority, Underserved, Veteran, and Women-owned Business Concerns; Interim Final Rule on Paycheck Protection Program as Amended by Economic Aid Act; and Interim Final Rule on Second Draw PPP Loans. Deadline to apply is March 31, 2021. For more information on SBA’s assistance to small businesses, visit sba.gov/ppp or treasury.gov/cares. Iowa State University – PPP updated fact sheet (January 2021) NSAC blog post – PPP and CARES Act (April 2020)

2020 marks the centennial of Iowa state parks. Visiting parks is a little different right now, so here’s some suggestions for enjoying your favorite state park — and maybe discover a new one — from your own home. 100th Anniversary on Iowa PBS Looking for your next TV show? Watch special editions of Iowa Outdoors featuring state parks. Also enjoy “Iowa by Air” and “Trail in a Minute” videos with one-of-a-kind views of state parks on Iowa PBS. Vintage prints from Iowa Artist  Check out these beautiful prints from Iowa artist John Bosley. Bozz Prints has created vintage-style state park artwork to celebrate the centennial. Visit the Bozz Prints website to see prints, postcards and stickers featuring 10 of Iowa’s iconic state parks. Iowa State Parks Book  Searching for a new book? Get a copy of Iowa State Parks produced by the Iowa Parks Foundation and published by the University of Iowa Press. This book provides an encyclopedia-like overview of parks in Iowa, including ecological resources and history. Get your copy. Learn more.

Edgewood Cornerstone Family Practice Food Pantry 101 S. Washington St., Edgewood, IA 563-252-3215 or 563-880-8461. Call in your order and it will be delivered the next day the clinic is open. Food Pantry Poster EW New