By SEMA Washington, D.C., Staff

President Trump signed the Paycheck Protection Program and Health Care Enhancement Act into law on April 24, 2020, which provided $320 billion in additional funds to the Paycheck Protection Program (PPP) and $60 billion to the U.S. Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) program. SEMA-member companies looking to apply for the PPP loan should contact a bank where they have an existing relationship immediately, as strong demand for the loans is expected to exhaust the additional funding for the program next week. For more details, visit the SBA’s PPP page, which includes the application form and frequently asked questions.

The SBA is not accepting additional EIDL applications at the time of SEMA eNews publication, as the agency anticipates that a backlog of applications will exhaust the additional $60 billion in program funding. SEMA is urging lawmakers to add more money to both the EIDL and PPP programs.

The PPP provides loan guarantees for small businesses that equal up to 250% of a company’s monthly payroll (capped at $10 million). The SBA will forgive that portion of the PPP loan used to cover payroll, mortgage interest, rent payments and the cost of utilities for the first eight weeks if small businesses retain their employees and payroll levels. Under the EIDL program, a loan of up to $2 million at 3.75% may be used to pay fixed debts, payroll and other bills, with the first $10,000 being a forgivable grant.

For more information on PPP, EIDL and other federal programs related to COVID-19, check out SEMA’s resources at www.sema.org/coronavirus.

For more information, contact Eric Snyder at erics@sema.org.

By SEMA Washington, D.C., Staff

President Trump signed the Paycheck Protection Program and Health Care Enhancement Act into law on April 24, 2020, which provided $320 billion in additional funds to the Paycheck Protection Program (PPP) and $60 billion to the U.S. Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL) program. SEMA-member companies looking to apply for the PPP loan should contact a bank where they have an existing relationship immediately, as strong demand for the loans is expected to exhaust the additional funding for the program next week. For more details, visit the SBA’s PPP page, which includes the application form and frequently asked questions.

The SBA is not accepting additional EIDL applications at the time of SEMA eNews publication, as the agency anticipates that a backlog of applications will exhaust the additional $60 billion in program funding. SEMA is urging lawmakers to add more money to both the EIDL and PPP programs.

The PPP provides loan guarantees for small businesses that equal up to 250% of a company’s monthly payroll (capped at $10 million). The SBA will forgive that portion of the PPP loan used to cover payroll, mortgage interest, rent payments and the cost of utilities for the first eight weeks if small businesses retain their employees and payroll levels. Under the EIDL program, a loan of up to $2 million at 3.75% may be used to pay fixed debts, payroll and other bills, with the first $10,000 being a forgivable grant.

For more information on PPP, EIDL and other federal programs related to COVID-19, check out SEMA’s resources at www.sema.org/coronavirus.

For more information, contact Eric Snyder at erics@sema.org.

By SEMA Editors

Tom Gattuso

ClassicCars.com Journal Managing Editor Tom Stahler talks about the upcoming 2020 SEMA Show with SEMA Vice President of Events Tom Gattuso. As close to 2,000 companies prepare to pick booth space May 4–20, Gattuso talks about what we know now and how things are progressing. 

“We’re all systems go, and we're not anticipating having to change that,” Gattuso reports.

Check out the full interview. (Click on “Season One Episode 7: Tom Gattuso—Will SEMA Happen?”).

For more information on Priority Space Allocation for the 2020 SEMA Show, a proxy form is located on the SEMA Show website.

The 2020 SEMA Show is scheduled for Tuesday–Friday, November 3–6, in Las Vegas. To reserve a booth space, visit www.SEMAShow.com/buyabooth.

By SEMA Editors

Tom Gattuso

ClassicCars.com Journal Managing Editor Tom Stahler talks about the upcoming 2020 SEMA Show with SEMA Vice President of Events Tom Gattuso. As close to 2,000 companies prepare to pick booth space May 4–20, Gattuso talks about what we know now and how things are progressing. 

“We’re all systems go, and we're not anticipating having to change that,” Gattuso reports.

Check out the full interview. (Click on “Season One Episode 7: Tom Gattuso—Will SEMA Happen?”).

For more information on Priority Space Allocation for the 2020 SEMA Show, a proxy form is located on the SEMA Show website.

The 2020 SEMA Show is scheduled for Tuesday–Friday, November 3–6, in Las Vegas. To reserve a booth space, visit www.SEMAShow.com/buyabooth.

A prototype for the facelifted Ferrari Portofino has been spied undergoing tests in Germany. The model saw the day of light in 2017, so 2021 could be just the right time for a makeover before a new Portofino arrives around 2025.

While the rear of the car caught on camera appears to be left unchanged so far, the front is definitely different from the latest model. It comes with a new bumper, new grille and new “bandit” headlights, the latter resembling those of the Ferrari Roma.

Under the hood will be the new 620-hp V8 turbo engine equipped with a new Euro 6.2d temp approval, thanks the introduction of the particulate filter and many other details already seen in the Roma. The new fully digital interior and the new dual clutch gearbox (transaxle) with eight gears instead of the previous seven should also be part of the game.

Photo credit: Brian Williams, SpiedBilde

A prototype for the facelifted Ferrari Portofino has been spied undergoing tests in Germany. The model saw the day of light in 2017, so 2021 could be just the right time for a makeover before a new Portofino arrives around 2025.

While the rear of the car caught on camera appears to be left unchanged so far, the front is definitely different from the latest model. It comes with a new bumper, new grille and new “bandit” headlights, the latter resembling those of the Ferrari Roma.

Under the hood will be the new 620-hp V8 turbo engine equipped with a new Euro 6.2d temp approval, thanks the introduction of the particulate filter and many other details already seen in the Roma. The new fully digital interior and the new dual clutch gearbox (transaxle) with eight gears instead of the previous seven should also be part of the game.

Photo credit: Brian Williams, SpiedBilde

A prototype for the facelifted Ferrari Portofino has been spied undergoing tests in Germany. The model saw the day of light in 2017, so 2021 could be just the right time for a makeover before a new Portofino arrives around 2025.

While the rear of the car caught on camera appears to be left unchanged so far, the front is definitely different from the latest model. It comes with a new bumper, new grille and new “bandit” headlights, the latter resembling those of the Ferrari Roma.

Under the hood will be the new 620-hp V8 turbo engine equipped with a new Euro 6.2d temp approval, thanks the introduction of the particulate filter and many other details already seen in the Roma. The new fully digital interior and the new dual clutch gearbox (transaxle) with eight gears instead of the previous seven should also be part of the game.

Photo credit: Brian Williams, SpiedBilde

A prototype for the facelifted Ferrari Portofino has been spied undergoing tests in Germany. The model saw the day of light in 2017, so 2021 could be just the right time for a makeover before a new Portofino arrives around 2025.

While the rear of the car caught on camera appears to be left unchanged so far, the front is definitely different from the latest model. It comes with a new bumper, new grille and new “bandit” headlights, the latter resembling those of the Ferrari Roma.

Under the hood will be the new 620-hp V8 turbo engine equipped with a new Euro 6.2d temp approval, thanks the introduction of the particulate filter and many other details already seen in the Roma. The new fully digital interior and the new dual clutch gearbox (transaxle) with eight gears instead of the previous seven should also be part of the game.

Photo credit: Brian Williams, SpiedBilde

A prototype for the facelifted Ferrari Portofino has been spied undergoing tests in Germany. The model saw the day of light in 2017, so 2021 could be just the right time for a makeover before a new Portofino arrives around 2025.

While the rear of the car caught on camera appears to be left unchanged so far, the front is definitely different from the latest model. It comes with a new bumper, new grille and new “bandit” headlights, the latter resembling those of the Ferrari Roma.

Under the hood will be the new 620-hp V8 turbo engine equipped with a new Euro 6.2d temp approval, thanks the introduction of the particulate filter and many other details already seen in the Roma. The new fully digital interior and the new dual clutch gearbox (transaxle) with eight gears instead of the previous seven should also be part of the game.

Photo credit: Brian Williams, SpiedBilde

By Fredy Ramirez

SEMA eNews highlights products from member-companies each week. This week's submissions are listed below. The companies included with the SEMA Data Co-op (SDC) logo are also members of the SDC, the definitive, industry-owned and -operated centralized data repository. Learn more about the SDC at www.semadatacoop.org.

Submit new-product press releases for consideration to editors@sema.org.

Holley Fuel Rail Kits Holley has released its replacement fuel rail kits designed for the top-feed and front-feed Lo-Ram intake manifolds with a single injector per cylinder design. Finished in black anodizing, the high-volume rails include the mounting hardware. Two sets of brackets are included, a set for long (usually standard length) fuel injectors and a set for short (like Pico or LS7) fuel injectors. 866-464-6553 www.holley.com PN: 534-260
Hurst Short Throw Shifter – 2016–2020 Camaro LS/LT Hurst announces the release of its Billet/Plus short-throw shifter for the ’16–’20 Chevrolet Camaro LS, LT with 2.0L, 3.6L and LT1 6.2L engines with a TR3160 6-speed manual transmission. The shifter is designed to reduces shifter throw by 40%. The shifter internals features a precision hardened steel pivot ball, CNC machined housing, an isolated handle engineered for minimal vibration and a MIL-Spec black anodized finish. Note: Must reuse factory shift knob; no shifter knob included. Designed for use with TR3160 6-speed manual transmission. TR3160 6-speed manual transmissions can be identified by Reverse gear being located in the upper left side of the shift pattern (left of 1st gear.) 866-464-6553 www.holley.com PN: 3916050
Oracle Lighting Universal Dynamic ColorSHIFT LED Underbody Kit Oracle Lighting announces its new Universal Dynamic ColorSHIFT LED Underbody Kit. The kit is designed to allow the user to run multiple moving color patterns through the LEDs using the free app. The LEDs can be set to individual colors to match any color paint or vehicle theme. The LEDs are double insulated to IP69 standard for durability and are engineered to be waterproof enough to be submerged underwater. Package Includes: (2) 4-ft. Dynamic ColorSHIFT IP 68 waterproosf strips for vehicle’s front and back underbody,(2) 6-ft. Dynamic ColorSHIFT IP 68 waterproof strips for the vehicle’s passenger and driver side underbody, (1) Dynamic ColorSHIFT Bluetooth controller and Installation accessories. 800-407-5776 www.oraclelights.com PN: 4229-332
Flowmaster Delta Force Snorkel System Flowmaster introduces its Delta Force Snorkel System for the ’18–’20 Jeep Wrangler JL/JLU and 2020 Jeep Gladiator. The system utilizes a custom-molded XLPE high-flow intake. The air tube connects to the air box that features an 8-layer air filter. Other features include inner and outer hood trim pieces, a template for the required hood modification, intake tube mounting brackets, anodized fittings, high-quality silicone couplers and stainless hardware. The system in engineered to produce an increase of 9.3 hp and 11.3 lbs.-ft torque on the Dyno. Note: This kit is not engineered to fit vehicles with a body lift. This product is not legal for use or for sale in the state of California. 866-464-6553 www.holley.com PN: 615193
Hellwig Springs Hellwig Suspension Products has released helper springs for the ’19–’20 Ford Ranger, including two-wheel and four-wheel drive models. The helper springs feature a 2,000-lb. load level capacity and are engineered so the truck maintains a level ride height and better overall driver control when under load. The springs are engineered to improve safety by maintaining even weight distribution over the front and rear axles. The adjustable rate of the helper springs allows the user to dial in load support as needed through adjustable U-bolts. 800-435-5944 HellwigProducts.com PN: 1914
Coker Avon Turbospeed Tire Coker announces the release of its Avon Turbospeed tire. The tire is designed to be speed-rated bias-ply and radial tires. The Turbospeed line features nine sizes to fit 13-, 15- and 16-in. wheels, with speed ratings of S, H and V, depending on tire size. 877-207-8634 www.cokertire.com PN: 67637
Coker Avon Turbosteel Tire Coker announces the release of its Avon Turbosteel tire. The tire is designed to be a steel-belted radial tire for 15- and 16-in. wheels. These tires are available in 70- and 80-series aspect ratios, with sizes such as 185VR16 for vintage sports cars and 235/70R15 for luxury sedans such as Rolls-Royce and Bentley. H and V speed ratings are available. 877-207-8634 www.cokertire.com PN: 64307

SDC members are invited to submit new-product press releases for consideration to editors@sema.org.