Press Releases

Daily Updates | March 27, 2020

Friday, 27 March, 2020
Daily UPdate from Mayor Strickland

2:30 pm CST – Memphis Mayor Jim Strickland outlines the importance of staying home if you are sick and other updates regarding social distancing measures in his daily address. See it here >>

Congress Passes the Coronavirus Aid, Relief, and Economic Security Act

1:00 pm CST – On Friday, March 27, the United States Congress passed an unprecedented $2 trillion economic stimulus package to benefit the U.S. economy. The bipartisan agreement comes after several days of intense negotiations and provides emergency financial assistance for individuals, families, and businesses affected by the Coronavirus pandemic. The legislation includes a plan to send $1,200 checks to many Americans, unemployment insurance for those who lose their jobs in the crisis, a $500 billion Treasury fund to shore up industries damaged by coronavirus and $349 billion in small business loans. Read more >>

CARES Act: Understanding SBA Loan Programs to Determine Eligibility and Best Fit for Your Company

11:30 am CST – As a result of the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) passed by the Senate on Wednesday March 25, 2020 and expected to be passed by the House of Representatives and signed into law by the President on March 27, 2020, multiple avenues of relief will be available to small businesses through programs administered by the Small Business Administration (SBA). Notably, the size limits for consideration as a “small business concern” have been changed, making many more entities eligible for assistance through programs administered by the SBA. Read more >>

Shelby county confirmed covid-19 cases rise to 223.

10:30 am CST – Shelby County Health Department announced today that the number of confirmed COVID-19 cases in the county is 223. Read more >>

Memphis chamber survey: Many businesses still open; restaurants among hardest hit

9:15 am CST – As coronavirus concerns grow, more employees are working from home and more business owners are forced to decide whether they can stay open while Shelby County steers its way through the pandemic. Read more >>

Rent relief, delay, and other strategies for commercial landlords and tenants

9:00 am CST – James G. M. Lenschau is a partner with Wyatt, Tarrant & Combs LLP offers advice for commercial landloards and tenants. Read more >>

 

 


MARCH 26 UPDATES
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MARCH 23 UPDATES
March 22 Updates
March 21 Updates

 

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Visit our COVID-19 Business Resources Page for information to help Memphis area businesses minimize impact related to COVID-19. 

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