Posts by growthzone
SBA Opening PPP Loans to All Lenders January 19
SBA Opening PPP Loans to All Lenders January 19 This week, the second round of the Paycheck Protection Program (PPP) opened access to Community Financial Institutions (CFIs). In a statement released today, the Small Business Administration (SBA) announced the opening of second round PPP loans to all eligible lenders. The second round of the…
Read MoreNHTSA Releases Updated Cybersecurity Guidelines for Modern Vehicles
NHTSA Releases Updated Cybersecurity Guidelines for Modern Vehicles Today, the National Highway Traffic Safety Administration (NHTSA) released a draft version of “Cybersecurity Best Practices for the Safety of Modern Vehicles”. This document is an updated version of a 2016 document of the same name and provides guidelines and recommendations from NHTSA to the automotive industry…
Read MoreDepartment of Transportation Releases Plan for Autonomous Vehicles
Department of Transportation Releases Plan for Autonomous Vehicles The Department of Transportation (DOT) released today a comprehensive plan for autonomous vehicles. This document builds on previous work from DOT to regulate autonomous vehicle production and is organized into three main goals: promote collaboration and transparency, modernize the regulatory environment, and prepare the transportation system. …
Read MorePresident-Elect Biden’s Nominees for Cabinet and Leadership Positions
President-Elect Biden’s Nominees for Cabinet and Leadership Positions President-elect Joe Biden is currently in the process of choosing his Cabinet members and other high-ranking government leadership positions. Some of these nominations must be confirmed by the U.S. Senate, while others do not require a confirmation vote. Click here to see up-to-date nominations for the…
Read MorePPP Second Round Opens January 11
PPP Second Round Opens January 11 The Small Business Administration (SBA) announced this morning that the second round of Paycheck Protection Program (PPP) lending is set to open the week of January 11. The second round of PPP loans will be available to small businesses with less than 300 employees who have experienced a 25%…
Read MoreMinnesota Auto Dealers Sue Over Clean Cars Rule
Minnesota Auto Dealers Sue Over Clean Cars Rule The Minnesota Auto Dealers filed a suit against the state of Minnesota today in federal court. The lawsuit is an effort to stop the state from adopting harsher clean car standards set by the state of California. The auto dealers argue that the new standards would raise…
Read MoreSBA Releases Details of Second-Draw PPP Loans
SBA Releases Details of Second-Draw PPP Loans The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (The Economic Aid Act) was signed into law by President Trump on December 27, 2020. This legislation includes a provision for a second round of Paycheck Protection Program (PPP) lending of forgivable loans to small businesses struggling…
Read MoreDepartment of Labor Finalizes Definition of Independent Contractor Status
Department of Labor Finalizes Definition of Independent Contractor Status The U.S Department of Labor announced a final rule today clarifying the standards for independent contractors under the Fair Labor Standards Act (FLSA). This rule is intended to mitigate worker misclassification by detailing the qualifications for an independent contractor. Under this new rule, independent contractors…
Read MoreNHTSA Allows Domestic Vehicles to Apply for Research Exemptions– AV Rule Does Not Contain Vehicle Data Access Pathway
NHTSA Allows Domestic Vehicles to Apply for Research Exemptions– AV Rule Does Not Contain Vehicle Data Access Pathway NHTSA has recently released an interim final rule that would allow manufacturers in the United States, particularly those manufacturing autonomous vehicles, to obtain permission from NHTSA to manufacture and test vehicles that do not currently comply with…
Read MoreSBA Announces Extended Deadline for EIDL Loans
SBA Announces Extended Deadline for EIDL Loans The Small Business Administration (SBA) has extended the deadline to apply for a COVID-19 pandemic Economic Injury Disaster Loan (EIDL) to December 31, 2021. Loans distributed through the EIDL program differ from Paycheck Protection Program (PPP) loans. EIDL loans are not eligible for forgiveness and must be…
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