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 >>
New Federal Law Requires Paid Sick and Family Leave for EmployeesLearn More >>
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