By SEMA Washington, D.C., Staff
SEMA members can again apply for a PPP loan or emergency injury disaster (EIDL) loan once President Trump signs pending legislation providing additional funding for both programs. Members are reminded that comprehensive information about these programs is located at SEMA Corona-Updates/SBA Loan Information.
SEMA has also posted several articles with background information and tips of interest about the programs. They include:
- Tips on How to Get a Small-Business Loan Under the New $484 Billion Coronavirus Aid Package, Washington Post (April 23, 2020)
- You Applied for a Loan, Now What? An article published by CE Outlook with suggestions by CPA Gordon T. Gassner, president of Gassner & Company, in a presentation sponsored by Orca Design & Manufacturing.
- Five Things Every Paycheck Protection Program Borrower Should Do After Receiving a Loan. Forbes Magazine article by Jason B. Freeman, contributor (April 9, 2020)
- Ten Things We Need to Know About Paycheck Protection Program Loan Forgiveness. Forbes Magazine article by Tony Nitti, senior contributor (April 15, 2020)
New information is posted on the SEMA’s Coronavirus Updates site as it becomes available. Members are urged to bookmark the site.
For more information, contact Stuart Gosswein at stuartg@sema.org.