April 24, 2020
Dear Tourism Partners,
Congress just passed a fourth wave of relief legislation to infuse new funds into the PPP (Payroll Protection Program) and the EIDL Program (Economic Injury and Disaster Loan Program). The bill has been signed into law by the president. Please reach out to your local lending institution or the South Dakota District Office of the SBA (Small Business Administration) as soon as possible for more details or to make application. These aid and relief programs are targeted to small and medium-sized businesses with payroll, rent, and other expenses.
Here is the link for the South Dakota SBA Office: https://www.sba.gov/offices/district/sd/sioux-falls.
Here is a link to the SBA South Dakota District Office Directory: https://www.sba.gov/sites/default/files/files/south-dakota-district-office-directory.pdf.
Here is a link to resources on our department’s industry website, SDVisit.com: https://sdvisit.com/covid-19.
If you need further guidance or have questions about these programs, please reach out to your lending institution or the SBA office immediately.
Wishing you all the best,
Jim and Team
Secretary of Tourism