Governor extends essential services emergency order until May 18

April 28, 2020
Massachusetts Restaurant Association

Today, the Baker-Polito Administration extended the essential services emergency order and the Department of Public Health's Stay At Home Advisory r emains in effect and gatherings of 10 or more people remain prohibited until May 18.
The Governor also launched a Reopening Advisory Board that will produce a plan by May 18. The panel  comprises  Public Health Commissioner Monica Bharel and two other public health experts, three municipal officials, Transportation Secretary Stephanie Pollack and 10 other business leaders, including MRA Board Member Steve DiFillippo, CEO of Davios Restaurants
PPP Resources
  • We will have yesterday's PPP webinar available for distribution soon, complete with a list of questions and answers.
Additional Resources Available:

Small Lenders and Community Banks

Congress has set aside $60 billion in the second round of funding of the Paycheck Protection Program (PPP) to be administered by small lenders and community banks—exact details have yet to be released. 
The MA office of housing and economic development has published  this list  of institutions that provided loans to Massachusetts companies in the first round of the Paycheck Protection Program. The list also includes all entities that appeared on the  SBA’s approved lenders list , which was last updated on April 13, 2020. Lenders on this list are categorized by asset level, so businesses can easily identify which institutions will be eligible for the $60 billion carveout.
Did your bank refuse to accept your application?

If there are any merchants that were not able to obtain the PPP on the last round where the banks wouldn’t take their applications, MRA Board Member Karen Coleman of ARF Financial is passing that their affiliate LeaseQ powered by Time Payment can help.

The lender is processing TimePayment referred applications on a first-come, first-serve basis rather than prioritizing by loan size. To begin an application through TimePayment click here:
Washington DC

The National Restaurant Association submitted comments to the SBA yesterday regarding the agency’s interim final rule on PPP. Click here to see the comment letter.