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NY Thoroughbred Horseman's Association (NYTHA)

NY Thoroughbred Horseman's Association

The New York Thoroughbred Horsemen’s Association is committed to representing the interests of owners and trainers at the New York Racing Association tracks. NYTHA recognizes that its constituents are the lifeblood of the racing industry in New York and focuses its efforts on doing what is best for New York horsemen.

April 7, 2020

NYTHA Update on Federal Disaster Relief Provisions Webinar – Slides and Replay Available Now

 

To our NYTHA community,

NYTHA  hosted a webinar Monday morning, April 6, on the subject of the Paycheck Protection Loan (PPL, also know as either PPP or P3) and the Economic Injury Disaster Loan (EIDL), specific to our NY trainers.  The PPL/PPP/P3 and the EIDL are part of the Federal Coronavirus Aid, Relief, and Economic Security Act, which is meant to keep businesses and individuals afloat during an unprecedented freeze on the majority of our lives.

Jen Shah, CPA and Director of Dean and Dorton’s Tax Services, walked us through a detailed explanation of the current information available for each program and deftly responded to advance questions from the audience. We extend our thanks to Jen and the team at Dean Dorton for giving us such an informative and thorough resource.

If you were unable to join us, or if you want to review the replay or view the slides again, we are posting the links here.

Click link below to scroll through slides:

NYTHA Webinar – April 6, 2020 (1)

Click arrow in image below to begin replay of the presentation:

Throughout the presentation Jen underscored the fact that you should solicit advice from your financial advisor, and we repeat that advice.
.
PPL (PPP or P3) Applications

Applications for PPL/PPP/P3 loans opened on Friday April 3, 2020.

Should you choose to apply for a PPL/PPP/P3 loan, you would do so directly from an SBA-approved bank or lender.

EIDL Applications

Should you choose to apply for an EIDL you can do so here: https://covid19relief.sba.gov/#/

The PPP/PPL/P3 and the EIDL are fluid and complex programs which we will continue to review and will share with you all emerging information we find to be helpful.

 

Filed Under: Horsemen News

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P.O. Box 170070
Jamaica, NY 11417
Email: info@nytha.com

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Tel 718.848.5045
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