Post Grant Assistance due to COVID-19:
*Send the Form to Department Headquarters
Address: 10185 Mammoth Ave.Baton Rouge, LA 70814
Paycheck Protection Program (PPP) Loans:
This may be the section of the relief that could benefit the VFW
and Auxiliaries the most. This is a program that can provide a 100%
federally guaranteed loan to businesses with less than 500 employees.
The loan amount is based on average payroll costs and the loan proceeds
can be used for payroll costs, utilities, rent, mortgage insurance, and
other debt obligations incurred before February 15, 2020. Eligibility
rules for nonprofits taking advantage of this program are limited to
501(c)(3) and 501(c)(19) organizations. Those organizations exempt
under Section 501(c)(4) or another category of the Internal Revenue Code
are not eligible. However, it would also cover our members that
operate a sole proprietorship or as an independent contractor, and
eligible self-employed individuals. The great benefit of this program
is the forgiveness feature. If employers maintain their payroll, the
loans would be forgiven, and ultimately become a grant to the applying
organization. The attached guidance provides more detail on how the
loan program works. The Small Business Administration (SBA) is expected
to release more details soon on this program.
Economic Injury Disaster Loans (EIDL) & Emergency Economic Injury Grants:
This program provides an emergency advance of up to $10,000 to
small business and most non-profits harmed by COVID-19. An organization
must first apply for an EIDL and then request the advance. The advance
does not need to be repaid under any circumstances. The maximum
available under this program to an employer is $2 million. Any
additional amount received above the advance amount under this program
is treated as a loan, and will need to be repaid to the SBA at a low
interest rate with maturity terms determined by the SBA.
Small Business Tax Provisions:
For organizations subject to closure or experiencing economic
hardship, this provision provides for payroll tax credits. These tax
credits are not available to employers receiving assistance through the
Paycheck Protection Program noted above.
Our nation, our military families, and the communities they live in are facing a crisis like we have not faced in one hundred years. It is a public health crisis first, but its ripples are impacting every aspect of life. Our national security depends on ensuring we provide our defense communities and military families with understanding, information, and support.
The Association of Defense Communities (ADC), Blue Star Families, and participants of the White Oak Collaborative have joined forces to create the COVID-19 Military Support Initiative (CMSI)—a united, national platform to provide resources and expertise to support communities, states, and military families through this crisis. Ultimately, the mission of the CMSI is to share information, maintain engagement, and develop best practices and policy approaches to ensure our military receives the support it deserves.