MACC - Metropolitan Air Conditioning Contractors of New York

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President's Message - Spring 2020 Vol. 1

We are all in this together.

These are trying times throughout the world. We are now faced with a “new normal”. Our personal and professional lives have dramatically changed. Please remember that we are all in this together! In times of uncertainty, we must remind ourselves that there are brighter days ahead. We are all tougher than we think, and we will come out of this stronger than before. Although we are unable to meet in person, we are still able to stay connected.

Paycheck Protection Program

Starting tomorrow, Friday, April 3, 2020, small businesses and sole proprietors can apply for and receive loans to cover their payroll and certain other expenditures through SBA lenders. Contact your bank to see if they are an approved SBA lender. The application will only be available online. Payroll information will be needed to complete the form.

1. PPP Application Form

2. PPP Fact Sheet
3. PPP Overview

News

CARES Act

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law by President Trump on March 27, 2020. A provision of the CARES Act allocates approximately $350 billion to help small business in this time of worldwide health and economic crisis. This initiative, known as the Paycheck Protection Program, provides 100% federally guaranteed loans to small business via SBA loans. Businesses in need are highly encouraged to take advantage of this program to help in this time of business disruption.
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