Please Help Us Urge Governor Phil Murphy to Open Swimming Pools! Hello, We are working with Greater Wildwood Chamber of Commerce to urge the Governor to open public swimming pools. Strength comes in numbers! Please take a few seconds to support this petition. Thank you! Sign the Petition ... Read More
We are very pleased to report that by unanimous consent (no debate, no roll-call vote), the Senate just approved H.R. 7010, the Paycheck Protection Flexibility Act. As you know, this bill will make a number of retroactive improvements to the PPP, including: 24-week covered period (instead of 8) 60/40 split (instead of 75/25) Loan forgiveness still possible if FTEs won’t come back, or if revenue in December is below Feb 2020 levels. Five year loan-repayment terms for future PPP loans Payroll tax deferment restored An analysis of how the bill would change PPP for current users can be found here. We expect it will be signed into law by the president very soon. As noted last week, getting the Senate to agree to anything unanimously is a challenge these days – and the unrest of this week raised the bar significantly. The... Read More
We are all eagerly waiting to return to regular business and realize it will not be a “normal” summer season. Our business community is strong, and working together, we will get through this. As we move forward to Stage II of opening, the Ocean City Regional Chamber of Commerce maintains a strong working relationship with NJBIA and the NJ State Chamber of Commerce. We have been, and continue to, participate in more than a dozen meetings a week to lobby for a safe reopening for our members and all small businesses. We will continue to push for the support our businesses need. On Wednesday, June 3rd, Michele Gillian, Executive Director of Ocean City Regional Chamber of Commerce, testified for a hearing on New Jersey's reopening process hosted by Assembly Minority Leader Jon... Read More
NJ's "Safe Play" Reopening Guidelines for Amusements and Attractions For the Amusement/Attractions Industry, safety has always been and will continue be our #1 priority. It is the foundation upon which our businesses are built. While COVID-19 presents an unprecedented challenge with regard to both guest and employee safety, we believe our historic focus on safety positions us well to deal with and execute protocols to create and maintain a safe environment for all. Please Click Her to Read NJ's "Safe Play" Reopening Guidelilnes for Amusements and Attractions ... Read More
Restaurants and retail owners struggled with PPP loans. But a fix may be on the way. By Andy Medici – Senior Staff Reporter, Washington Business Journal May 27, 2020, 1:59pm EDT Updated May 28, 2020, 2:46pm EDT Legislation to overhaul the Small Business Administration’s Paycheck Protection Program — and make its numerous provisions friendlier to restaurants and retail shops in particular — passed the House of Representatives Thursday. The bipartisan Paycheck Protection Flexibility Act, introduced last week by Reps. Chip Roy, R-Texas, and Dean Phillips, D-Minn., would extend the eight-week period under which loan recipients could spend the PPP money while helping fix other details that continue to bedevil small businesses in the hospitality realm. Some of those businesses, which often entail higher overhead costs and lower salaries, have struggled to rehire employees because their operations... Read More
Help us persuade Governor Murphy to open our attractions. Here are the photos for the digital campaign. Please choose one to post on your social media pages and tag Governor Murphy. We want this to go viral! When you post, please use the following to get the attention out there: Twitter: @govmurphy FB - Governor Phil Murphy Instagram- #guvmurphy or @govmurphy ... Read More
The Downtown Merchants of Ocean City, NJ are once again going virtual! Be sure to check back for online shopping specials to see how you can support your favorite Asbury Avenue businesses! Specials are posted and last all weekend long during Memorial Day Weekend! Have friends that want to shop that are not on Facebook? No problem...have them visit the Blog...www.oceancityvacation.com/blog/summerkickoff ... Read More
INTERIM GUIDANCE FOR RESTAURANTS AND BARS This guidance provides considerations for businesses in the food service industry (e.g., restaurants and bars) on ways to maintain healthy business operations and a safe and healthy work environment for employees, while reducing the risk of COVID-19 spread for both employees and customers. Employers should follow applicable Occupational Safety and Health Administration (OSHA) and CDC guidance for businesses to plan and respond to COVID-19. All decisions about implementing these recommendations should be made in collaboration with local health officials and other State and local authorities who can help assess the current level of mitigation needed based on levels of COVID-19 community transmission and the capacities of the local public health and healthcare systems. CDC is releasing this interim guidance, laid out in a series of... Read More
Grants & Loans NOTE: All federal and state programs have, for the time being, closed their application process. If you already filed an application with your bank, you should contact them directly to make sure all of your paperwork is in order and about the status of your application. We will update this section as soon as new opportunities become available. With PPP Out of Money, What Should Businesses Do? Main Street Lending Program: The Federal Reserve has created the Main Street Lending Program to provide a total of $600 billion in financing for small and medium-sized businesses. While the program’s start date has yet to be announced, here’s what you need to know to check eligibility and get ready to apply. (Prepared by the US Chamber of Commerce) NJEDA Entrepreneur Guarantee Program (Applications now open) NJEDA Partnering with CDFIs to Support... Read More
