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Tennessee Governor Bill Lee’s COVID-19 Bulletin #14
Posted By Clarksville Online News Staff On Tuesday, April 7, 2020 @ 6:19 pm In News | No Comments
Nashville, TN – Today, Tuesday, April 7th, 2020, Tennessee Governor Bill Lee provided an update on Tennessee’s efforts regarding Coronavirus (COVID-19) relief.
Governor Lee’s daily press conferences can be viewed live this week Monday through Thursday at 3:00pm CT here . Governor Lee has also established a website specific to Coronavirus (COVID-19) updates which can be found here .
Unemployment Relief/Unemployment for Self-Employed
Coronavirus (COVID-19) has caused record spikes in unemployment with the number of initial claims spiking to more than 250,000 in the last three-week period.
In March, at the onset of the pandemic, Governor Lee directed the Tennessee Department of Labor and Workforce Development  to conduct the following actions to support Tennesseans facing unemployment due to Coronavirus (COVID-19), among others:
As the rate of unemployment claims escalates, the Tennessee Department of Labor and Workforce Development is projected to pay more than 100,000 claims this week. The department is employing additional resources to make this system run more smoothly.
With the passage of the CARES Act, Congress has made more funding available and greater flexibility for Tennesseans during the pandemic. Certain CARES Act provisions are on track to be implemented as early as next week.
Tennessee is also working closely with the federal government to ensure Federal Pandemic Unemployment Compensation for the self-employed or those who file 1099 forms is available as quickly as possible.
Tennesseans out of work can apply for unemployment benefits at www.Jobs4TN.gov .
Paycheck Protection Program and Support for Small Business
The Paycheck Protection Program  is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. The Small Business Administration will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
The Program authorized $350 billion in fully forgivable loans to help small businesses maintain payrolls during the coronavirus pandemic. The program went live on April 2nd, 2020 and is being run through local financial institutions. Additional information can be found here .
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For more information on Coronavirus (COVID-19) in Tennessee, please visit the Tennessee Department of Health’s website here .
Article printed from Clarksville, TN Online: https://www.clarksvilleonline.com
URL to article: https://www.clarksvilleonline.com/2020/04/07/tennessee-governor-bill-lees-covid-19-bulletin-14/
URLs in this post:
 here: https://sts.streamingvideo.tn.gov/Mediasite/Catalog/catalogs/mediasiteadmin-covid-19-media-briefing
 here: https://www.tn.gov/governor/covid-19.html
 Tennessee Department of Labor and Workforce Development: https://www.tn.gov/workforce/covid-19/faq.html
 www.Jobs4TN.gov: http://www.jobs4tn.gov/
 Image: http://www.clarksvilleonline.com/cols/www/delivery/ck.php?n=aa8e5b9a&cb=1623291548
 Paycheck Protection Program: https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses
 here: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp
 here: https://www.tn.gov/health/cedep/ncov.html
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