SBA small-biz loan program live for shops in COVID-19 slump; billions already requested

The nation’s body shops and other small businesses can apply for up to $10 million in low-interest, mostly forgiveable Paycheck Protection Program loans. The loans have a two-year maturity and were originally set at 0.5 [...]

2020-04-06T13:39:56-04:00April 6th, 2020|RDN News Feed|

OSHA urges employers to consider alternatives to N95 masks

3M has suggested collision repairers could use alternative respiratory protection during heavy demand for N95 masks, and the Occupational Health and Safety Administration on Friday offered a similar perspective. “If respiratory protection must be used, [...]

2020-04-03T20:08:54-04:00April 3rd, 2020|RDN News Feed|

Increased aid available for jobless, furloughed repairers; hiring shops might find ‘buyer’s market’

The federal government is offering incentives to keep staff on the workforce during the COVID-19 pandemic — including offering small businesses loans of 10 weeks of payroll and only demanding two weeks be repaid. But [...]

2020-04-03T15:23:58-04:00April 3rd, 2020|RDN News Feed|

SCRS website compiles COVID-19 resources for auto body shops; get links to it, RDN coverage here

The Society of Collision Repair Specialists on Friday announced a new webpage providing auto body shops with links to safety and business management resources related to the COVID-19 coronavirus pandemic. Repairers might wish to bookmark [...]

2020-04-03T11:53:58-04:00April 3rd, 2020|RDN News Feed|

Service King to furlough employees, take executive pay cuts over COVID-19 downturn

Reporting a “steep decline in business,” Service King CEO David Cush on Thursday announced the company would “furlough a portion of our in-store workforce as well as portions of our operations management and support functions” [...]

2020-04-03T07:09:43-04:00April 3rd, 2020|RDN News Feed|

Some steps to take if COVID-19 appears in your auto body shop

The COVID-19 coronavirus has demanded collision repairers practice proper sanitization and take other precautions to protect themselves and their customers from the threat in the abstract. But what do you when the disease is confirmed [...]

2020-04-02T19:08:32-04:00April 2nd, 2020|RDN News Feed|

Senate Small Biz Committee issues FAQ on CARES Act financial help for body shops

U.S. Senate Small Business Committee Ranking Member Ben Cardin, D-Md., has released an helpful Q&A for body shops and other small businesses on help available to them under the $2.2 trillion CARES Act. The bill [...]

2020-04-01T17:08:46-04:00April 1st, 2020|RDN News Feed|

Auto body shops advised to hustle to claim millions in forgivable COVID-19 SBA loans

An industry financial expert, trade groups and a U.S. representative this week all urged businesses to act quickly and secure Small Business Administration financial assistance to ease the economic blow of the COVID-19 coronavirus response. [...]

2020-04-01T15:25:07-04:00April 1st, 2020|RDN News Feed|

WIN announces ‘Most Influential Women’ honorees for 2020

The Women’s Industry Network announced Tuesday it had named a body shop owner and executives from insurance and rental car companies its 2020 Most Influential Women in the collision industry. The additions of Hertz replacement [...]

2020-04-01T10:08:39-04:00April 1st, 2020|RDN News Feed|

Don’t forget to post COVID-19 sick leave notice; get a copy, see FAQs on law via the DOL

Collision repairers and other employers must by Wednesday post notice of the new COVID-19 paid sick and family medical leave rules taking effect the same day, according to the Department of Labor. The agency on [...]

2020-03-31T20:24:21-04:00March 31st, 2020|RDN News Feed|
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