RVDA COVID-19 Update:  Essential Busineses, SBA Loans, Paid Leave and More

RVDA Members:  This page is updated regularly.   Please add RVDA.org to your safe senders list for email updates.
Other Resources:
  RVIA (Manufacturers & Suppliers)   KOA Campground Update   National Association of RV Parks & Campgrounds (ARVC)   Oudoor Rec. Roundtable (ORR)

Essential Business and Services Information
RV National Associations: RV Industry Should be Recognized as Essential Businesses

The RV Industry Association, RV Dealers Association, and the National Association of RV Parks & Campgrounds sent letters to all 50 state Governors and the Department of Homeland Security urging them to recognize the RV industry and campgrounds as essential businesses as they implement measures in response to the COVID-19 virus.  For dealerships that provide essential services and that determine they can and want to remain open, these letters can be a resource to use with state and local officials. 
To view the letter to Governors 
click here.   
To read the letter to the Department of Homeland Security, click here.

Government Resources on Essential Services
Updated: Department of Homeland Security (DHS) guidance to state and local governments on essential workforce, click here.   
State and local emergency declaration contacts in each state
 click here.  

Economic Aid & SBA Resources

SBA Paycheck Protection Program

Q&A on Cares Act from the US Chamber

The Small Business Administration (SBA) and Treasury Department have released more details on the new $349 billion Paycheck Protection Program. SBA's goal is to position lenders as the single point-of-contact for small businesses – the application, loan processing, and disbursement of funds will all be administered at the community level.

The new loan program will help small businesses with their payroll and other business operating expenses. It will provide critical capital to businesses without collateral requirements, personal guarantees, or SBA fees – all with a 100% guarantee from SBA. All loan payments will be deferred for six months. The SBA will forgive the portion of the loan proceeds that are used to cover the first eight weeks of payroll costs, rent, utilities, and mortgage interest. SBA and Treasury expect to have the loan program up and running by April 3.
The latest information from the Treasury Department including a link to the application form is here.

RVDA will continue to update members as more information is released

For a direct link to the SBA Paycheck Protection Program, click here.
For an overview of the entire CARES Act prepared by RVDA's outside counsel Venable, click here.
For a more detailed summary, click here.

SBA  Disaster Loan Program Available for Small Businesses Impacted by COVID-19

The Small Business Administration will work directly with state governors to provide targeted, low-interest loans to small businesses that have been severely impacted by COVID-19. The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. Find more information on the SBA’s Economic Injury Disaster Loans here.

National, regional & district offices and loan guaranty centers

Local SBA office locator

List of all US SBA offices

Employment Issues: Paid Leave & More

Families First Coronavirus Response Act

Department of Labor Guidance Q&A 

President Trump has signed the Families First Coronavirus Response Act. This economic stimulus plan to address the impact of COVID-19 includes many provisions which apply to employers, such as paid sick leave for employees impacted by COVID-19 and those serving as caregivers for individuals with COVID-19. There are two provisions providing paid leave to employees forced to miss work because of the COVID-19 outbreak: an emergency expansion of the Family Medical Leave Act (FMLA) and a new federal paid sick leave law.  The leave provisions will go into effect on April 1.

This law provides refundable tax credits for employers who are required to provide Emergency Paid Sick Leave and Emergency Paid Family and Medical Leave. These tax credits are allowed against the employer portion of Social Security taxes. The law allows the Secretary of Labor to exclude to exempt small businesses with fewer than 50 employees if the required leave would "jeopardize the viability of their business."   For guidance from the IRS on implementation, click here.  To submit ideas on implementation to the Department of Labor, click here, and send by March 29.

There are also caps on paid sick leave wages and specific calculations for rate of pay included in the law.   RVDA will provide more information as the Department of Labor releases more details on how the law will be implemented.  For detailed information from leading employment law firm Fisher Phillips, click here.   From RVDA outside counsel Venable, click here.  Please consult your attorney for additional information and state specific employment laws.