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Small Business Administration has opened its Paycheck Protection Program forgiveness portal. Here’s why many small businesses will have to wait. – masslive.com

Small businesses eager to submit their forgiveness applications for Paycheck Protection Program loans may have to wait.  While the Small Business Administration officially opened its forgiveness portal to lenders Aug. 10, many lenders will likely wait, according to banks and experts. That is because the potential for shifting guidance, new legislation and a desire to…

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Governor Signs $1.8 Billion Bond Bill to Improve IT, Public Safety, Food Security

Gov. Charlie Baker signed “An Act Financing the General Governmental Infrastructure of the Commonwealth,” which authorizes up to $1.8 billion in capital funding for key investments in public safety, food security, and information technology (IT). This includes programs to enhance the security of the Commonwealth’s IT assets, improve the delivery of state and local services,…

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Baker-Polito Administration revises the Executive Order on gatherings

The Administration announced new initiatives to stop the spread of COVID-19 and other important updates on the Commonwealth’s reopening. You can read details in the press release, while key components are highlighted below. I’ve also included resources and reminders on SBA programs for your reference. REVISED GATHERINGS ORDER Effective Tuesday, August 11, the Baker-Polito Administration…

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UMass Amherst asked students living off campus not to return to the area this fall; landlords say many are still renting apartments

Jones Properties in Amherst normally has a busy May and June with leases ending and students looking for apartments for the upcoming school year. But those months were slow this year, said Andrew Jones, an owner of the family company that owns a number of apartments housing students from the University of Massachusetts Amherst and…

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West Springfield industrial laundry to reduce emissions under EPA deal

New England Industrial Uniform Rental Service Inc. will take steps to significantly reduce air pollution from its operations under a settlement agreement with the U.S. Environmental Protection Agency. It will no longer launder print towels, the source of much of the contamination, according to the news release. Read the source article at masslive.com

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BusinessTalk with Senator Eric Lesser

George interviews Senator Eric Lesser and they discuss, in detail, the ENDURE Act, which authorizes $455 million to provide relief to communities and stimulate economic development in an effort to combat devastating impacts of the COVID-19 pandemic Read the source article at BusinessWest

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Employers lose confidence; but see Massachusetts recovery outpacing national economy during COVID-19 pandemic

Business confidence fell in July, four months after the index suffered the largest one-time decline in its history a coronavirus hit followed by a modest spring recovery, Associated Industries of Massachusetts said Tuesday. Associated Industries of Massachusetts Business Confidence Index fell 3.2 points to 45.8, showing a predominantly pessimistic outlook among businesses throughout the commonwealth,…

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IT Bond Bill Includes $300,000 for Town of Amherst

State Rep. Mindy Domb announced designated funding in the amount of $300,000 for the town of Amherst for information-technology (IT) upgrades in the recently passed IT bond bill. Domb joined her colleagues in the state Legislature to pass the legislation, which authorizes up to $1.7 billion in spending for the improvement of IT equipment and…

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