Northside Chamber members and friends,

Since the Paycheck Protection Program (PPP) was announced last week as one part of the CARES Act, we've all been waiting for more information about HOW to access this money. I was sent some useful information and links last night that I want to pass on to you.

NEW INFORMATION ABOUT THE PAYCHECK PROTECTION PROGRAM

• For a top-line overview of the program CLICK HERE
• If you’re a lender, more information can be found HERE
• If you’re a borrower, more information can be found HERE
• The application for borrowers can be found HERE

Also, a few notes from recent calls and communication that I've had:

• You will borrow through a bank and not through the SBA. Local lenders that will offer this program that are members of the Northside Chamber are Huntington Bank, First National Bank and KeyBank. If you do not have contacts at these banks, reach out to me and I can make a connection.
• The turnaround time for approval and distribution should be quick at about 48 hours!