Last week, one of our Executive Committee members noted that we needed to provide an addendum to our contracts for builders and remodelers that addresses the impact COVID-19 could have on projects. Our attorney, Tim Martin of Frost Brown Todd worked to draft the addendum – and your Executive Committee approved the addendum yesterday.
We’ve made that addendum available to you here. Please note – this addendum is for Registered Builder/Remodeler members and Associate Builder/Remodeler members as detailed in the addendum. Our attorney has suggested that you also present this addendum to current clients that are under contract or already under construction.
Today i will be working with the local Small Business Administration Office to find out if we can get better access and more information on the SBA EIDL loans that many of you applied for. I will provide any additional information along to you as soon as I receive something.
For those of you that have questions about the loan programs available to you please note that River City Bank will be hosting a Zoom call Wednesday, April 15 at 10:00 am. The call information is below and will also be sent in a separate email today.
If you are having other issues please do not hesitate to reach out to me.
Be safe out there and call me if you need anything.
BIA of Greater Louisville
502 458 0032 – mobile
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