Some associations get lifeline from forgivable federal loans
- April 24, 2020 |
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Kathryn Walson
Hard-hit 501(c)(6) groups are excluded again, however, from billions of dollars Congress approved for Paycheck Protection Program MacRae In the race to get pandemic relief money, the Emergency Nurses Association came up a winner. That's good news for a group whose members are on the front lines treating patients with COVID-19. "Our mission has been amplified in this crisis," said CEO Nancy MacRae. The 100-person staff must focus on serving members "without having to worry about whether they'll lose their job." ENA was approved April 6 for a $1.9 million forgivable loan from the federal Paycheck Protection Program, and the funds landed in the association's bank account… Read More
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