COVID-19 APRIL 3 UPDATE


Borrowers Can Begin SBA Paycheck Protection Program
Application Process TODAY




April 3, 2020 - Independent sporting goods retailers and dealers can begin applying today for emergency loans through the $349 billion Paycheck Protection Program. T he Small Business Administration (SBA) and Treasury Department has officially launched the Paycheck Protection Program through the CARES (Coronavirus Aid, Relief, and Economic Security) Act to provide relief to millions of small businesses impacted by the COVID-19 pandemic.

NSGA has the important resources you need for the Paycheck Protection Program on our COVID-19 Information and Resources page. These include:

  • Click here for a Paycheck Protection Program Info Sheet for Borrowers
  • Click here for a Paycheck Protection Program Loan Application Form
  • Click here for a locator of eligible Paycheck Protection Program lenders

The Paycheck Protection Program is specifically designed to help small businesses keep their workforce employed. You can also visit SBA.gov/Coronavirus for more information on the Paycheck Protection Program. The program is scheduled to run through June 30, 2020.
 
Please click here for the NSGA COVID-19 Resources and Information Page which includes previous updates on the progress and details of the CARES Act. You can also use our interactive map to find state-by-state resources related to the COVID-19 pandemic.

NSGA will continue to closely monitor the details of the CARES Act and what it entails for independent sporting goods retailers and dealers.
The NSGA team is working remotely through at least April 30 and we are here to help as best we can. Contact us at (847) 296-6742 or info@nsga.org .
National Sporting Goods Association | www.nsga.org