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PAYCHECK PROTECTION PROGRAM FREQUENTLY ASKED QUESTIONS

The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), established by section 1102 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act or the Act). This document will be updated on a regular basis.

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FLORIDA PUBLIC SERVICE COMMISSION UNANIMOUSLY APPROVES FPL’S PLAN TO LOWER BILLS FOR THE SECOND TIME THIS YEAR AMID COVID-19 PANDEMIC

JUNO BEACH, Fla. – The Florida Public Service Commission (PSC) today unanimously approved Florida Power & Light Company’s plan to significantly lower bills for the second time this year and fast-track savings to customers amid the ongoing coronavirus (COVID-19) pandemic. Due to lower fuel costs, most customers will see a one-time decrease of nearly 25% on their May bill.

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PALM BEACH COUNTY’S DISTRIBUTION AND LOGISTICS LEADERS ADAPT TO THE GLOBAL PANDEMIC

April 22, 2020 – PALM BEACH COUNTY – Top leaders from Palm Beach County’s distribution and logistics industries convene to discuss new trends and updates on the Business Development Board’s Task Force meeting each quarter. Today’s conference call meeting was utilized as a critical platform to communicate what experts are doing in the county to adapt.

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SOUTH FLORIDA LIFE SCIENCE LEADERS TALK REGULATION ENHANCEMENT ON FLORIDA’S DRUG SUPPLY

April 23, 2020 – SOUTH FLORIDA – The Business Development Board of Palm Beach County (BDB), the Greater Fort Lauderdale Alliance of Broward County, and the Beacon Council of Miami-Dade County hosted a tri-county teleconference with the Florida Division of Drugs, Devices and Cosmetics of the Department of Business and Professional Regulation. The Chief, Compliance and Enforcement leader, Renee Alsobrook, and Director, Walter Copeland, tapped into the expertise of South Florida’s life science leaders to gain feedback from three perspectives; pharmacists, manufacturers, and distributors.

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PALM BEACH COUNTY MARCH UNEMPLOYMENT RISES TO 4.4 PERCENT, BUT DOESN’T REFLECT CURRENT REALITY OF UNPRECEDENTED COVID-19 IMPACT

West Palm Beach, Fla. (April 17, 2020) – March’s unemployment rate of 4.4 percent for Palm Beach County represents the first official measure of the initial employment impact of the COVID-19 crisis, but doesn’t reflect the current reality of anticipated record unemployment, according to the latest monthly reports released today by CareerSource Palm Beach County and the Florida Department of Economic Opportunity (all numbers not seasonally adjusted).

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EAGLE SECURITY EXPANDS TO BELLE GLADE

April 14, 2020 – BELLE GLADE, FL – The Business Development Board of Palm Beach County (BDB) is pleased to announce the expansion of Eagle Security Services Inc., a company in the infotech sector located in West Palm Beach with plans to grow services into Belle Glade. Eagle Security’s growth is a result of a new contract in the Glades Region and is in the process of hiring 10 local employees to support this. The company provides corporate security, including event protection, electronic surveillance, and consulting. Other services include manned guarding, CCTV surveillance, alarm response and key holding.

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