New Small Business Loans Under the CARES Act Open April 3: Eligibility, Application, and Key Terms/Benefits
The CARES Act includes the Paycheck Protection Program (PPP) for small businesses. The PPP provides short-term cash flow assistance to small businesses, including foundries, and their employees deal with the immediate economic impact of the COVID-19 pandemic. Loans are made by lenders certified by the Small Business Administration (SBA) and guaranteed by the federal government. The SBA will administer the PPP.
Congress Approves Historic Coronavirus Relief Package with Loans for Small Businesses
States Must Designate Metalcasting as Critical Manufacturing Sector
AFS Urges Administration to Classify Metalcasting as Essential Industry
AFS Urges Senate Passage of Energy Innovation Bill
CISA To Co-Sponsor AFS Government Affairs Fly-In
AFS this week announced that the Casting Industry Suppliers Association (CISA) will again co-sponsor the AFS Government Affairs Fly-In. The Fly-In, to be held May 19-20, brings together foundry and supplier representatives to advocate for the metalcasting industry in the nation’s capital.
AFS Supports Legislation to Help Solve Truck Driver Shortage
Many metalcasters are experiencing the effects of the truck driver shortage across the nation. AFS has been working with a coalition and recently joined on a congressional letter with over 80 organizations urging that the DRIVE Safe Act be included in the next highway bill.