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Tire Business 07/10/2020 15:37
WASHINGTON, D.C. — Trade associations representing the automotive aftermarket are among dozens of trade groups calling for automatic forgiveness of Paycheck Protection Program (PPP) loans for under $150,000. In a sent to this week to ranking members of the Senate and House Committees on Small Business and Entrepreneurship, the trade groups voice their support for Senate , the Paycheck Protection Program Small Business Forgiveness Act, a measure that's receiving bipartisan report. Among the groups that signed the letter are the Auto Care Association, International Franchise Association, Motor & Equipment Manufacturers Association, Specialty Equipment Market Association and Tire Industry Association. "We can avoid the burdensome cost of super.

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