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Truck Renting and Leasing Association

The unified voice for truck renting and leasing


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Recording of TRALA Webinar on PPP and EIDL Loan Options

Yesterday, May 12, 2020 the Truck Renting and Leasing Association (TRALA) hosted a webinar on the federal loan programs authorized by the United States Congress and signed by President Trump to help businesses that have been impacted by the COVID-19 (coronavirus) pandemic. 

The webinar featured Greg Feary President and Managing Partner of the law firm Scopelitis, Garvin, Light, Hanson & Feary, as well Steve Pletcher a partner at the Scopelitis firm. 
 
Feary and Pletcher discussed two small business loan programs the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) program. Additionally, the webinar discussed the Main Street Lending Program, which offers assistance to businesses with between 500 and 15,000 employees. In addition to outlining the programs, Feary and Pletcher discussed how TRALA members can access these loans and their customers can use a portion of these loans on their lease payments.
 
If you were unable to attend yesterday's webinar, you may view a recording of the webinar by clicking here and entering the password TRALA2020. If you have any additional questions on the loan programs to help combat the coronavirus, you may contact Jake Jacoby at jjacoby@trala.org or Andrew Stasiowski at astasiowski@trala.org.     
 
 
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