COVID-19 Update from the AVMA
Thursday, April 2, 2020
As COVID-19 continues to impact our country and profession, the AVMA will continue providing up-to-date guidance and information to support you and your team. Here are new resources to help you navigate the most recent developments and understand how they impact you.
Federal agencies are moving quickly to implement the COVID-19 stimulus measures. The Treasury Department says lenders will be able to begin processing applications for forgivable small-business loans through the Paycheck Protection Program as early as this Friday, April 3, with approval possible the day of application. The Small Business Administration (SBA) has posted a sample loan application to help potential applicants prepare.
AVMA has developed a suite of resources to help you understand the relief programs, including this new loan program, and decide how best to use them for your individual situation:
o Small business loans
o New tax provisions for small businesses
o Paid sick and family leave
o Paid leave exemption for small businesses
o Pandemic unemployment insurance
o Federal student loan payments and interest
o Federal agency announcements
- Addressing contractual obligations
Find considerations for addressing financial obligations to vendors and suppliers when business operations are reduced due to the COVID-19 pandemic.
New Tools for Food Animal Veterinarians & Shelters
Two new AVMA resources provide practical guidance to help food animal veterinarians and animal shelter personnel carry out essential work during the pandemic:
AVMA continues to develop new resources to help you navigate the evolving situation. Some of the additional materials we're working on:
- Updated guidance on small business programs from Washington, DC
- Free AVMA Axon webinars on both economic and scientific topics
- Information for equine practices
We'll continue to update you with regular emails like this one, and you can find updated information 24/7/365 at avma.org/Coronavirus. For more frequent updates, subscribe to our daily blog digest and follow AVMA on social media. We hope that you, your loved ones, and your colleagues continue to stay safe and healthy.
Source: American Veterinary Medical Association