First and foremost, we hope this Month’s AMI Digest finds you and your family healthy, safe and maintaining a positive mental outlook, amidst this most challenging of times.
The Federal Government recently approved a $2T Coronavirus Relief Bill – The U.S. Small Business Administration (SBA) is working directly with state governors to provide targeted, low-interest loans to small businesses and nonprofits that have been severely impacted by the coronavirus.
Here are some of the ways this economic stimulus package may be able to assist you and/or your company.
Economic Injury Disaster Loans and Loan Advance
In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. 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. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.
SBA Debt Relief
The SBA Debt Relief program will provide a reprieve to small businesses as they overcome the challenges created by this health crisis.
Under this program, the SBA will also pay the principal and interest of new 7(a) loans issued prior to September 27, 2020 The SBA will pay the principal and interest of current 7(a) loans for a period of six months.
SBA Express Bridge Loans
Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. These loans can provide vital economic support to small businesses and can be used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.
Drive attendee engagement and boost sponsor revenue at your next event!
The official event app sponsor of AMI ENGAGE! 2020, Pathable is the event industry’s leading mobile event platform. Pathable provides a branded, white label “native” iOS and Android app as well as a complete desktop website for your events.
Please Note: For information on transitioning a live meeting to virtual on to one of our enterprise platforms, Click here, or email us at virtual@americanmeetings.com to schedule a capabilities presentation
We are eagerly planning for planning for ENGAGE! 2021. Enter to Win an all-expense paid trip today! Click Here.
Want to see what all of the excitement is about? Click on the video below!
It was wonderful to see so many of AMI’s trusted Prime Supplier members networking and planning for the year ahead.
Thanks to all of our amazing Prime Suppliers, Meeting Planners, Sourcing Managers, Partner Planners, Clients, all our wonderful Sponsors and the entire AMI Team, who made ENGAGE! 2020 such a success! We are already in the planning stages for ENGAGE! 2021 and have some exciting news in store for you over the next few months!
Please Note: For information on transitioning a live meeting to virtual on to one of our enterprise platforms, Click here, or email us at virtual@americanmeetings.com to schedule a capabilities presentation
Our Prime Supplier Member, Wigwam Arizona joined The American Meetings Network and they are already seeing the benefits by meeting 1:1 with AMI’s Meeting Planners and Sourcing Managers at Global Procurement Day.
About Wigwam Arizona: An intimate retreat with a spirit all its own…
Beloved by generations, our Arizona landmark and Historic Hotel of America couples historic charm with a truly modern sense of adventure. Relax in the elegant comfort of 331 casitas and suites, but be sure to carve out time for our legendary golf and resort pools – including a new, 25-foot tower with twisting water slides – distinctive cuisine and innovative, Arizona-inspired programming. The Wigwam is awash in endless possibilities.
Meet our Prime Supplier: Riverside Fort Lauderdale
Our Prime Supplier Member, Riverside Fort Lauderdale joined The American Meetings Network and they are already seeing the benefits by meeting 1:1 with AMI’s Meeting Planners and Sourcing Managers at Global Procurement Day.
About Riverside Fort Lauderdale:
With a stay at Riverside Hotel, you’ll be centrally located in Fort Lauderdale, steps from Las Olas Boulevard and within a 10-minute walk of Historic Stranahan House Museum. This hotel is 0.9 mi (1.4 km) from Broward Center for the Performing Arts and 3.1 mi (5 km) from Hugh Taylor Birch State Park.
Our Prime Supplier Member The AV Agency joined The American Meetings Network and they are already seeing the benefits by meeting 1:1 with AMI’s Meeting Planners and Sourcing Managers at Global Procurement Day.
About The AV Agency: See and Heard: Create an Experience with the Right AV.
There are events and then there are EVENTS! What’s the difference? It’s the event av experience. And, what creates an experience is sound and visuals, made awesome by your knowledgeable audio visual team.
The easiest, most convenient way to create your audio and visual experience is to partner with the experts at The AV Agency. We can take care of all your event AV needs. Be confident in your audio-visual production choice. With us on your team, you can create an unforgettable corporate audio visual experience setting you apart from the crowd!