How much will nhra get?
 

From the Stimulus Bill that is working it's way through Congress??? Obviously it will be as much as the executives can get, but realistically what could that number be?

Re: How much will nhra get?
 

I don't know exactly what Congress considers a "Small Business". Larger businesses will qualify for lower-cost loans so I don't know that they're qualified to "get" anything.

Re: How much will nhra get?
 

I believe as a not for profit they may be able to get some money. But don't know if that's zero percent loans or direct payments.

Re: How much will nhra get?
 

I wonder why that matters............
Dan

Re: How much will nhra get?
 

Curiosity on my part as a "shareholder" (member)!

Re: How much will nhra get?
 

Yeah, might increase our dividend!

Re: How much will nhra get?
 

At first it appeared that the nhra would qualify as a small business because it probably has less than 500 employees. But then after visiting the SBA site, I learned that any business that is nationally dominant in its industry does not qualify as a small business. So, back to reading preliminary reports on what the Stimulus bill is likely to cover and found there are tons of special interest provisions (nothing new) included in it's 880 pages. Provisions that deal with non profit and for profit organizations for different types of protection packages. It gets tricky when trying to figure out just what nhra may be entitled to receive, if anything, because it is a not-for-profit corporation. But up to 10 million dollars may be available to nhra if it qualifies for relief. And it appears almost everybody and every type of company qualifies for some sort of help. Some more so than others.

Re: How much will nhra get?
 

As a "shareholder (member)" of nhra, you have the same status as a member of Sam's Club, according to Linda Louie - nhra attorney.

Re: How much will nhra get?
 

Is it supposed to be a low interest loan that will be forgiven if the employees are keep on the job?
I think that ship has sailed!

Re: How much will nhra get?
 

From what I've been able to read, "Large Corporations" will have their loans managed by the Federal Reserve. Small Businesses have to deal with the Small Business Administration (SBA) which is notoriously slow to act on the loan requests. Should be interesting to see how much "relief" is actually provided. Employees need to come first!