January 14, 2021
The Pacific Northwest Swimming Board of Directors has voted to provide economic support and aid to member teams and clubs of Pacific Northwest Swimmingto help maintain viability through the COVID-19 crisis. The team grants will be based on $70 per registered swimmers (year-round and outreach athletes only). The athlete count will be based upon registrations as of Friday, January 22, 2021. Applications must be received by the PNS Office no later than Friday, January 22nd, 2021.
• Incurred continued operating expenses, and
• Developed a return to viability plan through use of the grant and other resources.
FROM GENERAL CHAIR, Bob Keller - Second Round of PPP Funding Available
The weekly USAS Videocon reminded all LSC’s that the Federal Government passage of the second COVID relief act includes a new Payroll Protection Program (PPP). This is available to all small businesses whether or not that business participated in round 1 last summer. As in 2020, the program will provide loans that will be forgiven if the conditions are met. There is also an Economic Injury Disaster Load (EIDL) program associated that allows grants up to $10,000. USAS recommends that each organization contact the same lender if the organization participated in the first PPP program or your normal financial organization if this will be the first application. USAS will also provide reference banks / financial institutions if assistance is needed.