Shelby Shopper

June 04, 2020

Shelby Shopper Shelby NC

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Thursday, June 4-June 10, 2020 www.shelbyinfo.com 704/484-1047 - shelby shopper & info - Page 7 FAST WAY 630 S. LAFAYETTE • SHELBY, NC 704-484-0823 LET US DO YOUR DIRTY WORK! HOURS: MON. - FRI. 8:30AM-5:30PM SAT. 8AM-1:30PM • CLOSED SUNDAY "BRING YOUR TOOLS AND PULL YOUR PARTS,WE HAVE WHAT YOU NEED!" 4805 Anthony Farm Rd. • Kings Mountain, NC (Beside Hwy 74 East) 704-739-4633 704-739-4633 WE BUY JUNK VEHICLES! WE SELL USED VEHICLES! ©CommunityFirstMedia •All Wood Kitchen •All Wood Kitchen Cabinets Cabinets (No Particle Board) (No Particle Board) •Counter Tops •Counter Tops •Cabinet Plywood •Cabinet Plywood •Storage Buildings •Storage Buildings •Roofing Shingles •Roofing Shingles •Masonite Siding •Masonite Siding •Chicken Coops •Chicken Coops •All Wood Bathroom Vanities •All Wood Bathroom Vanities •Dog Houses •Gazebos •Dog Houses •Gazebos •Doors • Floor Covering •Doors • Floor Covering •Concrete Steps •Concrete Steps HOURS: Mon.-Fri. 8:30-5:30 • Sat. 8:30-Noon 704-482-7431 704-482-7431 www.roundupshelby.com www.roundupshelby.com 1610 E. Dixon Blvd. 1610 E. Dixon Blvd. SHELBY, NC SHELBY, NC STORE THE ROUND UP NOW IN-STOCK NOW IN-STOCK Pre-Finished White Cabinets Pre-Finished White Cabinets Wood Wood Storage Storage Buildings Buildings Built Built To Last! To Last! • Replacement • Replacement Windows Windows • New Construction • New Construction Doors & Windows Doors & Windows • Wood, Steel & • Wood, Steel & Fiberglass Door Units • Vinyl, Wood or • Vinyl, Wood or Clad Windows Clad Windows for New Construction Come See What Come See What We've Rounded Up! We've Rounded Up! COME SEE COME SEE MIKE TRENT MIKE TRENT Now Offering Now Offering Wooden Picnic Wooden Picnic Tables, Swings, Tables, Swings, Rockers Rockers and Gliders! and Gliders! Interior Interior Pre-hung Pre-hung Doors Doors Assorted Assorted Sizes Sizes $ 40 Each 40 Each Post Formed Countertops Post Formed Countertops 8 ft-12 ft Lengths 8 ft-12 ft Lengths F Proud Member of: Southeastern Advertising Publishers Association IFPA® ★ ★ ★ ★ ★ ★ ★ ★ ★ ★ Independent Free Papers of America Association of Free Community Papers CIRCULATION C O U N C I L VERIFICATION Audit by Circulation Verification Council General Manager: Greg Ledford greg@shelbyinfo.com Display Advertising ads@cfmedia.info Advertising Consultants: Scott Helms scott@shelbyinfo.com Sam Brackett sam@shelbyinfo.com Mike Marlow mike@cfmedia.info Mayra Littman mayra@cfmedia.info Editorial & Announcements: News@Shelbyinfo.com Events@Shelbyinfo.com Obits@Shelbyinfo.com Office/Classified Ad Manager: Gail Evans classifieds@cfmedia.info Shelby Shopper & Info's publisher and its advertisers are not responsible or liable for misprints, typographical errors, misinformation herein contained. We reserve the right to edit, reject or accept any articles, advertisements, or information to be printed in this publication. We will provide ad proofs for pre- paid ads or ads that are placed by established clients. No proofs may leave our premises without payment and permission and are copyright by Shelby Shopper & Info. No part of this publication may be reproduced in any form without permission from the publisher. CANCELLATION OR CORRECTION DEADLINE: is the same as the order deadline because much of our cost is involved in the production of the ad itself. If you have to cancel an ad after deadline, it may be necessary to charge for the time and materials we've spent on preparing the ad. Display & Classified Deadline is Tuesday at 3:00 p.m. News articles and obituary deadline is Friday at 3:00 p.m. ERRORS: We want your ad to be accurate and correct, and normally there will be no errors. However, should there be an error and it is our fault, we will give you a correction letter and return (and/or give credit) for the actual space occupied by the incorrect information. You should notify us of the error immediately and before the ad runs a second time. COPIES: ONE Free copy of Shelby Shopper & Info is available per household. Additional copies are available at our office for a $1.00 charge. No individual or business is permitted to place or attach any flyer, poster or any type of advertisement of any kind to our boxes or on our racks. FIRST MEDIA, INC FIRST MEDIA, INC "Creating Business For People" ® SHELBY SHOPPER & INFO 503 N. Lafayette St., Shelby, NC 28150 Phone 704-484-1047 • Fax 704-484-1067 Visit us online at: www.shelbyinfo.com Creative Designers: Carolyn Henwood, Julie Weathers, Lorri Bridges, Jan Sailors, Jan Whisnant advertising@shelbyinfo.com By Loretta Cozart The U.S. House approved legislation May 28, making it easier for small businesses and other recipients of Pay- check Protection Program (PPP) funds to qualify for loan forgiveness. The House bill, called the Paycheck Protection Flexibility Act, H.R. 7010, extends the eight weeks to 24 weeks the time allotted to spend those loan funds. Suggested changes also reduce the 75 percent por- tion of the funds to 60 per- cent borrowers must spend to qualify for loan forgive- ness. In addition, the House bill extends the repayment of non-forgivable expenses from two to five years at one percent interest. Businesses whose loans are forgiven would also be forgiven their delay in paying their payroll taxes. The Senate has a similar bill, but one that isn't as gen- erous. Their version would extend the 8-week spend- ing period to 16 weeks and would hold to the 75 per- cent portion borrowers must spend to have their loans forgiven. In late April, the Ameri- can Institute of CPAs wrote Secretary Steven Mnuchin of the US Treasury and Jovita Carranza, Administrator of the SBA saying, "Given that economic circumstances have changed since the CARES Act was first imple- mented, we urge Treasury to use their interpretive au- thority to immediately take a very simple but critical step and define the origination date as the date on which a state's shelter-in-place order is lifted and businesses are authorized by government to return to full operations. This will provide the neces- sary flexibility for the 8-week clock to start, businesses to bring back employees and to pay sufficient payroll to meet the 75% requirement, that triggers assured loan forgiveness." Their letter went on to say, "This program means the difference between success and failure for many small businesses who, through no fault of their own, have been shut down. They are doing the right thing. They have closed their doors to protect the broader population from disease and death. Until the shelter-in-place orders are fully lifted they cannot meet the obligations of the PPP program as established in law and through guidance." The House is not in full session, but the bill passed under special rules estab- lished to expedite legisla- tion. The rules require a two-thirds majority vote for passage instead of a simple majority. A House bill to require the U.S. Small Business Ad- ministration (SBA) to name all PPP recipients of at least $2 million in funding failed to pass Thursday under the ex- pedited rules. Because the deadline to report how they spent their PPP funds is looming for many businesses, it is im- portant for the House and Senate to consider guid- ance quickly. House Major- ity Leader Steny Hoyer said that the House and Senate should be able to come to an agreement on changes to the PPP loans to give loan recipients more flexibility in using their loans, "What we think is there is a general consensus -- both House and the Senate -- that the time frame that was set was too short, unfortunately." The Senate should take up the House-passed mea- sure this week. PPP deadlines and requirements could change this week A soft answer turneth away wrath: but grievous words stir up anger. Proverbs 15:1 Carolina CLASSIFIEDS .com GO TO: www.carolinaclassifi eds.com

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