Hope for the Coast, a free food drive-thru, returns Saturday, May 30
Central Flora-Bama Church, Flora-Bama Oyster Bar & Restaurant, Ole River Grille, The Flora-Bama Yacht Club, and Feeding The Gulf Coast are once again partnering to present Hope for the Coast, a free food drive-thru, this Saturday, May 30th.
This "Stop, Pop, Drop & Roll" food distribution will take place Saturday, May 30th, from 8 a.m. to Noon, in the parking lot of the Flora-Bama at 17401 Perdido Key Drive, right on the Florida-Alabama State Line.
Items included: veggies, fruit, pork, chick, fish, eggs, cheese, milk and more.
This event and assistance is for all of our Gulf Coast residents and communities.
PPP Flexibility Act info from Alabama Small Business Development Center Network
The House of Representatives on Thursday, May 28, approved changes to the CARES Act legislation that would make it easier for businesses to have their Paycheck Protection Program loans forgiven by relaxing restrictions on how the loan money can be used and extending the period that businesses have to use the funds.
Among the items in the proposed legislation:
- Extend the PPP covered period from 8 weeks to 24 weeks.
- Reduce the required ratio of 75% payroll / 25% utilities ratio to 60% / 40%.
- Extend the June 30 deadline for (re)hiring workers.
- Allow payroll tax deferment for PPP recipients.
The bill enjoyed bipartisan support, and passed 471 to 1. It now moves on to the Senate, which returns from its week-long Memorial Day break on Monday. The Senate's version of bill maintains the 75/25 ratio, and only includes a 16-week covered period.
As of May 23rd, over $150 billion was available for PPP loans. If you - or a business you know - has not yet applied, act quickly.
For more information on the Alabama Small Business Development Center Network and to sign up for its free newsletter for all businesses in Alabama, visit www.asbdc.org.
Details on the latest state health order: Governor Ivey Issues Amended Safer at Home Order
For COVID-19 updates in Orange Beach, go to www.orangebeachal.gov/news/covid-19-updates.
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