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COVID-19

Federal Reserve Reduces Minimum Loan Size for Main Street Lending Program

The Federal Reserve Board adjusted the terms of the Main Street Lending Program. The minimum loan size for three Main Street facilities available to for-profit and nonprofit borrowers has been reduced from $250,000 to $100,000.

NAM Initiative Promotes COVID-19 Safety

The National Association of Manufacturers launched the Creators Respond Commitment to promote the use of face coverings, social distancing, handwashing and other health practices.

Marvin Halts Furloughs, Restores Employee Pay

The Marvin Companies ended factory-worker furloughs and restored salaries to pre-pandemic levels, effective Aug. 1, due to resilience in the U.S. housing market, reports Twin Cities Business.

Modernize Publishes E-Book for Contractors About Navigating COVID-19

Modernize published "An Essential Contractor's Guide to Navigating COVID-19," an e-book resource to aid contractors as they coordinate with prospective clients to close new business and conduct ongoing projects during the COVID-19 pandemic.

States Address COVID Workplace Standards

Virginia and Oreon are among the states that operates its own federally approved safety and health agency. Both states are developing emergency workplace safety standards around COVID-19.

NAHB Chairman Issues Open Letter About Coronavirus Safety

NAHB Chairman Chuck Fowke sent an open letter to the nation's residential construction workers asking them to continue following guidance to prevent the transmission of the coronavirus. 

PPP Deadline Extended to August

President Trump signed legislation on July 4 extending the deadline for small businesses to apply for Payment Protection Program loans to Aug. 8, reports The Hill.

FGIA Virtual Conference Highlights Leadership, Manufacturing and Management during COVID-19

The Fenestration & Glazing Industry Alliance hosted its Virtual Summer Conference June 23-25. A major focus of the content was challenges facing companies in the COVID-19 world. The event featured a panel about manufacturing during coronavirus, a session about financial relief programs and a…