Preparing to apply for Payroll Protection Program (PPP)

To be prepared for Payroll Protection Program (PPP), please have the following ready and available:

  1. PPP application form 2483 (blank form below) version 4/20 complete in its entirety by an authorized representative of the company, include addendum if requested (worksheet below);
  2. Additional PPP info form – should add up to amount requested, your best guess as to how funds will be used (worksheet below); and
  3. Supporting payroll information that supports the amount requested.  Further guidance on payroll calculations can be found at the Treasury web

Documents to support their payroll/loan amount request must be attached.  Supporting payroll documentation includes, but is not limited to: 

  • 2019 W3
  • 2019 IRS quarterly 940, 941 or 944 payroll tax reports
  • 2019 business tax return
  • 2019 personal tax return (if the business files as a sole proprietorship or single entity LLC)
  • Third party payroll processing documents

WORKSHEET          BORROWER APPLICATION FORM

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Step-by-Step: Emergency Injury Disaster Loan (EIDL) application

Michael Wilson, NIC chief financial officer, walks viewers through the online application for EIDL

EIDL APPLICATION

Collegiate Athletics & Campus Life Discussion

April 3, 2020—Q&A about impact of COVID-19 on collegiate athletics and campus life with Mary Ellen Gillespie, Deputy Director, Women’s Basketball Coaches Association and Judson Horras, NIC President and CEO

Key Points:

  • Expect delays and changes, particularly with football season and tailgate culture.
  • How can fraternities get a seat at the table to reiterate the importance of our role as a retention tool for the athletics department?

The CARES Act: Economic Injury Disaster Loan (EIDL) Program vs. Paycheck Protection Program (P3)

On Friday, March 27, the President signed and enacted into law the Federal stimulus bill in response to the COVID-19 virus, known as the CARES Act. Many key provisions in the Act benefit small businesses and nonprofit agencies, including the small business loan programs administered through the U.S. Small Business Administration (SBA), like the Economic Injury Disaster Loan (EIDL) Program, and those directly administered through the CARES Act. known as the Paycheck Protection Program (P3). We created a comparison of these programs.

Continue to comparison of programs:

BLUE & CO.

Offer: Blue & Co. SBA Emergency Injury Disaster Loan application assistance

All 501c entities are eligible to apply for a COVID-19 EIDL loan.  This includes sorority or fraternity organizations, house corporations and other similar nonprofit organizations. The loan provides working capital of up to $2 million to small businesses and can be used for payroll, accounts payable, debt payments and other bills that could have been paid had the disaster not occurred.

Blue & Co. can complete the application process with the SBA for organizations interested for a fee not to exceed $1,750.  Completing the application does not guarantee approval or fund payout.  Formal approval of loan requests will come directly from the SBA. 

DOWNLOAD DATA SHEET

The information requested in the attached form must be completed in its entirety and the form emailed to anovotney@blueandco.com

Housing Discussion

April 2, 2020—Q&A about the impact of COVID-19 on fraternal housing with Jack Dawson of College Fresh; Allan Lutes of Alpha Management; Woody Ratterman of CSL Management; Heith Sheeley of Greek House Chefs; Clay Wardlaw of Safety Plus LLC; and Judson Horras, NIC President and CEO

Key Points:

  • Budget for additional operations funds for cleaning and related services.
  • Consider health screenings for employees and staffing needs. How can you help team members avoid getting sick?

Resources discussed:

State of Athletics in the Face of Coronavirus

The LEAD1 Association, which represents the athletics directors of the 130-member schools of the Football Bowl Subdivision, and Teamworks, the leading athlete engagement platform for collegiate and professional organizations, surveyed more than 100 FBS athletics directors on their concerns, plans and goals in light of the current pandemic.

While this situation continues to evolve and new variables are introduced every day, ADs are faced with decisions that must be made now, based on the information that they have available. The “State of Athletics in the Face of Coronavirus” report reveals how they are approaching this unprecedented time and attempting to best serve their student-athletes and institutions.

DOWNLOAD PDF

Fundraising Discussion

April 2, 2020—Q&A about the impact of COVID-19 on fundraising with Patrick Alderdice, Pennington & Co.; Ryan King, associate executive director at Delta Upsilon Educational Foundation; Jen Polley Webb, executive director at Alpha Delta Pi Foundation; Allison Rickels, executive director & CEO at Farmhouse Foundation; and Judson Horras, NIC President and CEO

Key Points:

  • Keep fundraising despite the temptation to stop. Focus on stewardship.
  • Use this time to invest in connecting with your alumni and recruiting volunteers.

Enrollment/Admissions Forecasts Discussion

April 1, 2020—Q&A about the impact of COVID-19 on enrollment and admissions with Trent Gilbert, vice president of Enrollment Management at Birmingham Southern College; Chuck May, executive director, Student Recruitment and Admissions at the University of Missouri; Dusty Newton, director of Undergraduate Recruitment & Admissions at the University of Nebraska, Kearney; Dawn Watkins Wiese, Ph.D, partner with Plaid; and Judson Horras, NIC President and CEO

Key Points:

  • May 1 national deadline will provide best data. (Some campuses may delay deadline.)
  • Decline in returning students is likely, just not sure how steep.
  • Decline in new students very unsure still.
  • Parents have the biggest influence in enrollment.

The significance of Brotherhood during a pandemic

After Ryan Temby’s wife was in contact with a co-worker who was confirmed to have the COVID-19 coronavirus, the Temby family immediately went into quarantine. She showed very mild symptoms, similar to the symptoms of seasonal allergies, but did not experience any serious concerns. The family kept some distance within the house to try and avoid spreading the illness. Ryan and his two young adult children were doing fine.

About four days later, however, Temby started to have symptoms – and then rapidly declined.

“I am not the person I was before the virus,” he said.

Virus symptoms

It started as an achy, sore throat with an infrequent cough, every 30 to 60 minutes, Temby said. On Day 5, however, he started to feel very poor.

He called his normal doctor, who told him not to come in for treatment, saying he should remain in quarantine. It’s better to just assume you have the virus and quarantine for at least 14 days, the doctor told him. Temby was not officially tested for COVID-19 since he is not considered a high-risk patient.

Temby said he got rapidly and progressively worse.

“It’s a weird virus. For the first few days, you feel fine, like nothing is wrong. But, suddenly, you feel awful when the fever sets in,” he said. “At first it felt like I had a cat sitting on my chest – I couldn’t breathe. That feeling quickly got worse. For a few days I felt like I had a Bernese mountain dog sitting on my chest.”

Temby said acetaminophen helped when the fever was at its height. He had a bad sore throat and was very lethargic. He cycled through the fever and breathing issues for about six days.

He was able to get supplementary medical care and advice through his Sigma Chi network. Two doctor brothers were personally checking in on Temby and answering questions.

“They have been incredible,” he said of his brothers.

Family

On about the seventh day after Temby’s worst symptoms manifested, he woke up feeling somewhat better after a long night. That was just under a week ago, and “I’m feeling better and better every day” since, he said.

Ryan’s son, unfortunately, has been sick, following the same illness cycle as his father but a few days behind. Temby said his son is doing OK and he expects major improvement any day now. Temby’s daughter has been fine, not at all sick, and has been helping to take care of the rest of the family. His wife also remains well.

“We’ve always been a very close family,” he said. “Fortunately being in quarantine hasn’t been an issue. For example, we are playing video games from different rooms of the house. Despite everything, it’s been nice to spend time with them.”

Brotherhood

Temby says he felt it was important to share his story with his Sigma Chi brothers and the interfraternal community. He serves the fraternity internationally as grand treasurer so his leadership role allows him to connect with many people.

“I want to get out there to the guys how dangerous and serious this is,” he said. “I hope the messages that I put out made them take precautions and make smart choices, to realize how serious this pandemic is.”

He has been posting about his experience in a closed social media group for brothers.

“The response has been unbelievable. People are calling, texting, sending flowers,” he said.

Temby says he got the best advice on dealing with the illness via social media from a brother he’s never met. The brother sent him a podcast from a doctor in Hong Kong who had been treating patients for months that he found helpful.

The two Sigma Chi doctors have been amazing friends and advisors, he said. They call and check in every day. Both offered to come to his house, and one of them actually did personally check in on Temby – wearing full protective gear and staying appropriately distanced.

“The brothers coming out to help have been incredible,” he said.

This week he is planning to emerge from quarantine and slowly resume working remotely, both for the NIC and for Sigma Chi.

“I’m ready to hear how the rest of the brothers are doing and how the fraternity world is doing,” he said.

NIC Vice President of Campus Operations Ryan Temby and his family have been suffering a respiratory illness while quarantined at home in the Columbus, Ohio, area in recent weeks. We wanted to provide this real life perspective and share how his Sigma Chi brotherhood helped Ryan as he battled this virus.