Please see important updates and reminders on different sources of financial assistance during the COVID-19 crisis.
Please see the following important updates and reminders on different sources of financial assistance during the COVID-19 crisis.
Delta Financial Assistance Application Deadline Tomorrow, April 15
On March 20, Delta Dental of Washington announced two new programs to provide financial support to Delta member dentists as a result of the COVID-19 crisis. Applications for the DDWA Independent Dental Practice Reimbursement Advance Program (RAP) and the DDWA Independent Dental Practice Assistance Fund (PAF) are due April 15. Learn more and complete applications.
A review of the RAP application has been done and members should note that the agreement is meant to be entered into by a dental practice rather than an individual dentist. This is an important distinction, in order to protect an individual dentist from personal liability under the agreement.
SBA EIDL Grant/Advance Changes
Update from the SBA: “To ensure that the greatest number of applicants can receive assistance during this challenging time, the amount of your Advance will be determined by the number of your pre-disaster (i.e., as of January 31, 2020) employees. The Advance will provide $1,000 per employee up to a maximum of $10,000.”
ADA Advocates for PPP Flexibility
In an April 10 letter to Senate Majority Leader Mitch McConnell, R-Ky., Minority Leader Chuck Schumer, D-N.Y., Speaker of the House Nancy Pelosi, D-Calif., and Minority Leader Kevin McCarthy, R-Calif., the ADA urged Congress to help streamline the Small Business Administration loan application process and to consider allowing small business dental practices to choose the 8-week period for which they can seek loan forgiveness and rehire staff with the Paycheck Protection Program loans. The ADA proposed that the 8-week period could take place any time before Dec. 31 instead of requiring dentists and other small business owners to rehire staff back by June 30. Learn more.
Please continue to check
wsda.org/COVID-19 and its
Clinical Guidance and
Business Impacts pages for additional resources and updates.
Sincerely,
Dr. Dennis Bradshaw
WSDA President