The following are examples of how several automotive specialty-equipment companies are responding to this unprecedented event.
SEMA joined with dozens of other trade associations in urging the U.S. Congress to pass legislation to forgive all PPP loans that are less than $150,000.
The following are examples of how several automotive specialty-equipment companies are responding to this unprecedented event.
The following are examples of how several automotive specialty-equipment companies are responding to this unprecedented event.
The COVID-19 pandemic caused many companies to scale back production or reduce operating hours, and it’s clear that consumers are looking for greater safety and security in their lives as the industry moves toward recovery. Based on information gathered from a variety of sources, the consensus is that the companies that are best positioned to deliver those attributes while still reliably delivering the products and services their customers depend on will have a unique opportunity to build upon and even expand their brand awareness in the coming years.
As businesses continue to reopen, they may find themselves requiring face masks to be worn, offering curbside pickup, or practicing six-foot social distancing in the store or at the office.
More than $120 billion is still available for lending.
The following are examples of how several automotive specialty-equipment companies are responding to this unprecedented event.
Companies that received a Paycheck Protection Program (PPP) loan may now be eligible to request forgiveness for at least eight weeks of payroll costs, rent and other bills.
SEMA has posted government and industry guidance on best practices for reopening.