The Asian American Hotel Owners Association (AAHOA), the largest hotel advocacy group in the US, is providing resources and information to assist all hoteliers, whether you are a member of AAHOA or not.
Please visit the AAHOA Covid-19 Resource Center for industry updates and access to live and ongoing webcasts and other resources.
PPP Second Draw Guidance & Updates (NEW)
The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) will reopen the week of January 11. All participating lenders are expected to gain access to the program on or after January 13.
New PPP borrowers can submit your application on Monday, January 11. If you have already exhausted your first PPP loan, the process for second draw will be available beginning Wednesday, January 13.
Find out more from AAHOA’s Cares Act & Lending Page on this new development.
AAHOA has helpful industry webcasts scheduled almost daily. Please visit their Resource Page for registration links to upcoming Webcasts and for access to view past webcasts. These include top professionals from throughout the industry and have proven very helpful in gaining a better understanding of what is unfolding and what resources are out there to assist.
ELFA has worked closely with AAHOA on industry and franchise issues throughout the years, and we will continue to work closely with and rely on them for their knowledge and expertise as we head further into uncharted waters, and share resources with our members as they become available.