PPP Deadline (June 30) and EIDL Update

The latest news is that the Economic Injury Disaster Loan (EIDL) was funded again and is open for applications from sole practitioners and small businesses as of June 15, 2020. In addition, as many states are now allowing our members to open, it may be a good time to apply for the Paycheck Protection Program (PPP) to help you with payroll and other expenses as you open up and get back on your financial feet.

For the full update, go to www.abmp.com/updates/news/financial-benefits-massage-therapists-coronavirus

Payment Protection Program–Apply by June 30, 2020

The Paycheck Protection Program (PPP) is open for small businesses, the self-employed, and sole proprietors, and funding for the PPP remains available through June 30, 2020. This loan provides funds to keep employees paid for 24 weeks. The PPP rules were updated June 11 and June 12. This link provides a helpful summary of the modifications to the PPP (https://www.bhfs.com/insights/alerts-articles/2020/updates-to-the-ppp-fo...).

The PPP can be used for payroll of employees of the business. This includes sole practitioners, as the sole practitioner is considered both the owner and the employee of the business.

The June 11 rule expands the use of PPP funds to include payroll costs, health and leave benefits, mortgage, rent, utility payments, and interest on debt obligations incurred prior to February 15, 2020, and the refinance of EIDL loans made between January 31, 2020, and April 3, 2020, if used for payroll costs.

Economic Injury Disaster Loan Reopen as of June 15

An Economic Injury Disaster Loan (EIDL) was also available from the SBA. As of June 15, 2020, the EIDL was open again to all qualified independent contractors and small businesses. These loans take some time to process.

EIDL loans are long-term, low-interest loans, some of which must be paid back. Forbes.com indicates there is a $1,000 grant available that does not need to be repaid. In addition, you can apply for a $10,000 advance to help keep you on your feet that does not have to be paid back.

EIDL funds may be used to pay for expenses that cannot be paid due to COVID-19, including existing debts, rent, mortgage interest payments, salaries, health benefits, insurance, payroll, sick leave and medical leave, and accounts payable.

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News

Texas to Review Massage Rules—Submit Your Comments by May 30

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Blog

Noriko Smith: Finding Life Through Oncology Massage

Noriko Smith, massage therapist and winner of ABMP's Massage is for EveryBody essay contest.

Noriko Smith was one of the winners of ABMP’s Massage is for EveryBody 2021 contest, and we wanted to share more of her story, which exemplifies the inclusive values of this campaign. Please join us in celebrating Noriko!

Benefits

Read the May / June 2022 Issue of Massage & Bodywork Magazine

The May/June 2022 issue of ABMP's Massage & Bodywork magazine is available at www.massageandbodyworkdigital.com. ABMP members get a print subscription as part of membership, and the digital edition is available online and free to the profession.

In this issue, we explore pelvic tilt and spinal compensation, improving bodywork through breath, and how listening to your clients is a superpower. We also discuss SI joint dysfunction, overuse injuries, and much more!⁠

Cupping Canada Inc. and Mobile Massage Mastery GIVEAWAY: Value over $2,022!

Cupping Canada Inc. and Mobile Massage Mastery GIVEAWAY—value over $2,022!

3 lucky participants will win shared prizes:

• 16 CE live online Evidence Informed Clinical Cupping course from Cupping Canada & Cupping USA (NCBTMB approved & Canadian approvals) - valued at $405 CAD

• Online course starter kit, tie dye silicone drinking glass & silicone straw kit from Cupping Canada and Cupping USA - valued at $120 CAD

2022 ABMP CE Summit Course: Updating our Hands-On Approach

Learn about the properties of fascia and hands-on techniques for working with fascia in the leg. Join Til Luchau and Whitney Lowe for this engaging course that explores the composition and roles of fascia and collagen and demonstrates several myofascial hands-on techniques focused on the fascia in the leg and the sartorius, gracilis, semitendinosus, and pes anserinus muscles.

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