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Economic Response Task Force Empowers Working Groups to Support Recovery
Utah Economic Response Task Force has assembled working groups with key leaders to implement and adapt the Utah Leads Together plan to conquer this challenge Salt Lake City, UT (April 3, 2020) – Governor Gary Herbert’s Economic Task Force shared its critical priorities for week three, as subject matter experts from multiple industry groups, corporations, and academia assembled into working [...]
Paycheck Protection Program FAQs for Small Businesses
Can I really expect to get a loan today? The application for the program was distributed to financial institutions the evening of Thursday, April 2. Financial institutions are integrating these forms in order to submit applications as soon as possible. Whether or not your loan is approved today will rely on the ability of the Treasury’s system to receive and [...]
Utah Economic Response Task Force Facts & FAQs: How to Apply for an SBA Loan
The Utah Economic Response Task Force hosted a “Facts & FAQs” virtual conference call on Thursday, April 2, 2020 at 4:00 p.m. MST to provide an update on the status of economic efforts to mitigate the coronavirus. This Zoom video conference will provide specifics from lenders on how to apply for an SBA loan, and highlight other available business resources. [...]
Utah Banks Ready to Approve Small Business Administration Loans
Salt Lake City, UT (April 2, 2020) – Utah lenders announced today that they stand ready to approve U.S. Small Business Administration-backed loans thanks to the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act during the bi-weekly virtual Town Hall for the Utah Economic Response Task Force. The CARES Act legislation is designed to help small business [...]
FAQs one”Essential Businesses”
How do I get on Utah’s “essential business” list? There is no “essential business list” for the state of Utah. Utah’s “stay safe, stay home” directive is different from other states in that it has not defined essential businesses: in other words, the state expects business leaders to do what is right for their employees and customers pursuant to the [...]
Speaking on Business: Economic Task Force Technical Resources
This is Derek Miller Speaking on Business. Though it seems like forever, less than three weeks ago Governor Herbert established the Utah Economic Task Force to mitigate the impact of the coronavirus on our state’s economy. The Governor assigned me to serve as chairman and gave us the commission promote best practices and innovative processes for businesses dealing with the [...]