NH Banker’s Association: PPP Depleted, but Thousands of Small Businesses Have Benefitted
According to a press release from the NH Banker’s Association, the SBA reports that 11,582 Paycheck Protection Program (PPP) have been approved by all lenders in NH. These loans are totaling over $2 billion.
The NH Banker’s Association reports that as of April 16th, 30 of the 36 members of the Association have provided the following data:
# of PPP loans approved: 7,408
Value of PPP loans approved: $1,521,120,749
Jobs saved: 38,361
As of this afternoon, the Senate has reached a deal to that would allocate $320 billion more for the Paycheck Protection Program, per CNBC.
WMUR: Unemployment payments go out to tens of thousands of Granite Staters
“Help is on the way for those struggling with unemployment in New Hampshire, as state officials said more than 50,000 payments were sent out Tuesday morning, including the $600 per week stipend from the federal government.”
“Many people who have applied for benefits have continued to express frustrations with the system, experiencing long delays on the phone as they wait to get their questions answered. Lavers said the state doubled its call center capacity over the weekend, so wait times should decrease.”
“”Folks can go back later in the day, I would say after 5 o’clock,” he said. “We are open until 8 o’clock to answer those calls.””
The Office for Emergency Relief and Recovery (GOFERR), will hold a meeting of the Legislative Advisory Board Wednesday 22, 2020.
Wednesday, April 22, 2020
GOFERR Meeting of the Legislative Advisory Board
- Sununu announces reopening task force as COVID-19 numbers continue to plateau in NH
- Full video: Governor, state epidemiologist give COVID-19 updates (April 21, 2020)
- Part 1: State epidemiologist answers viewer questions regarding COVID-19
- Part 2: State epidemiologist answers viewer questions regarding COVID-19
- Part 3: State epidemiologist answers viewer questions regarding COVID-19
- Decision on extending stay-at-home order to come soon
- Cancellation of spring high school sports season causing some college recruiting concerns
- Stay at home likely longer, could be tweaks to it, Sununu says
- Sununu says he’s ‘not above having to close’ campgrounds
- 51,000 Granite Staters sent first $600 of federal jobless payments
- Sen. Jeb Bradley: When businesses open again, safety must be priority
- Sharon Carson and Regina Birdsell: Relief for Granite Staters in a global pandemic
On Tuesday, April 21, 2020, DHHS announced 44 new positive test results for COVID-19. There have now been 1,491 cases of COVID-19 diagnosed in New Hampshire. Several cases are still under investigation. Any additional information from ongoing investigations will be incorporated into future COVID-19 updates. Of those with complete information, all are adults with 55% being female and 45% being male. The new cases reside in Merrimack (5), Rockingham (4), and Belknap (2), Hillsborough County other than Manchester and Nashua (2), and Strafford (1) counties, and in the cities of Manchester (14) and Nashua (4). The county of residence is being determined for twelve new cases.
Five new hospitalized cases were identified for a total of 206 (14%) of 1,491 cases.
Three of the new cases have no identified risk factors. Community-based transmission continues to occur throughout the State and has been identified in all counties with cases. The remaining cases have either had travel to domestic or international locations or have had close contact with a person with a confirmed COVID-19 diagnosis.
DHHS reported no new deaths attributable to COVID-19 in yesterday’s data.
County TBD 14
(data updated April 21, 2020, 9:00 AM)
Persons Being Monitored in NH (approximate point in time) 2,450