MEMBER ALERT:
SBA LOAN SYSTEMS NOW ACCEPTING PPP APPLICATIONS
SBA and Treasury just announced that the the Small Business Administration is now accepting and processing Paycheck Protection Program loan applications. The PPP lender assistance hotline is (833) 572-0502.

Program guidance and related information can be found at www.sba.gov/paycheckprotection or www.treasury.gov/cares

SBA and Treasury value all lenders and their small business customers, and will continue to provide updates to the PPP lending community as loan processing resumes this week.

As a reminder, NLBMDA has compiled federal guidance and resources in the NLBMDA COVID-19 Action Resource Center . For questions, please contact NLBMDA's Director of Government Affairs, Kevin McKenney at kevin@dealer.org .