The Specialty Equipment Market Association (SEMA) is monitoring Coronavirus (COVID-19) updates and tracking what this means for our industry.
The Paycheck Protection Program (PPP) closed on May 31st but companies may now seek PPP loan forgiveness if funds were used to cover payroll costs, rent and utilities. The Economic Injury Disaster Loan (EIDL) program is open until Dec. 31st). The Employee Retention Tax Credit (ERTC) helps companies that kept workers on the payroll despite revenue losses. Click here for more information and loan forgiveness applications.
On this page you will find the latest news and updates from the Association pertaining to the Coronavirus pandemic. This page will include messages from senior leadership as well as relevant business resources offered by SEMA and through local, state and federal offices. Visit this page regularly to stay on top of the latest developments.
How is COVID-19 affecting your employees and your business? E-mail us with your questions and concerns. Your feedback will help SEMA better understand the impact the Coronavirus is having and how we might be able to help.
The Paycheck Protection Program (PPP) closed on May 31st but companies may now seek PPP loan forgiveness if funds were used to cover payroll costs, rent and utilities. The Economic Injury Disaster Loan (EIDL) program is open until Dec. 31st). The Employee Retention Tax Credit (ERTC) helps companies that kept workers on the payroll despite revenue losses.
Learn More >>Information and answers to questions about COVID-19 published herein are provided by SEMA for voluntary, informational use in the rapidly evolving novel coronavirus crisis. This information does not constitute medical or legal advice, is not intended for use in the diagnosis or treatment of individual conditions, does not endorse products or therapies, recommend or mandate any particular course of medical care, and is not a statement of the standard of care. New evidence may emerge between the time information is developed and when it is published or read. The information is not comprehensive or continually updated. This information is not intended to substitute for the independent professional judgment of health care providers, or legal or tax advisors. When reviewing government guidance and policy to develop company policy, companies should evaluate their specific situation based on their own facts. SEMA provides this information on an “as is” basis, and makes no warranty, express or implied, regarding the information, including but not limited to its completeness or accuracy. SEMA specifically disclaims any warranties of merchantability or fitness for a particular use or purpose. SEMA assumes no responsibility for any injury or damage to persons or property arising out of or related to any use of this information or for any errors or omissions. Use of the information is subject to the complete SEMA website Terms of Use.
The appearance of external hyperlinks does not constitute endorsement by SEMA of the linked websites, or the information, products or services contained therein. SEMA does not exercise any editorial control over the information you may find at these locations nor does SEMA make any representation of their accuracy or completeness. Please contact those websites with any questions.