IADA E-Bulletin
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2020 IADA OFFICERS

Chairman

Mike Ettleson
Ettleson Cad-Bu-GMC, Inc.
Hodgkins


Vice Chairman
Rick Yemm
Yemm Chev-Bu-GMC-Chry-Jeep

Galesburg

Treasurer/Secretary
Sean Grant
Landmark Chry-Jeep-Fiat
Springfield


President
Peter Sander
IADA
Springfield


IADA Staff Contacts:
Ph# 1-800-252-8944

Pete Sander
President
Ext. 103
psander@illinoisdealers.com

Larry Doll
Legal
Ext. 105
ldoll@illinoisdealers.com

Mark Harting
Administrative Services
Ext. 110
mharting@illinoisdealers.com

Mike Healey
Member Services
Ext. 107
mhealey@illinoisdealers.com

Joe McMahon
Legislative
Ext. 113
jmcmahon@illinoisdealers.com

Meghan Sander
Member Communications
Ext. 109
msander@illinoisdealers.com

 
     

Your IADA Partner
Moving Vehicle Registration into the future






 
April 1, 2020   Volume 2020, Issue 10

  Treasury Department Provides Guidance on Paycheck Protection Program Loans for Small Businesses  
  The United States Treasury Department released guidance on the SBA Paycheck Protection Loan Program for small businesses. The Treasury Department's information, including a link to the loan application form is available here. IADA encourages you to investigate whether Paycheck Protection Loans make sense for your dealership. Applications can be submitted starting April 3, 2020 and the $349 Billion appropriated to the program is expected to go fast. 
  
Paycheck Protection Loans are available to small businesses with fewer than 500 employees. The loans will be forgiven if the proceeds are used for payroll costs (no more than $100,000 per employee), most mortgage interest, rent, and utility costs during the 8-week period after the loan is made provided employee levels are maintained (or restored by June 30, 2020.  

As a reminder, NADA is hosting a webinar on the Paycheck Protection Program for NADA members at noon today. Information about how to sign up for today's webinar is available here:
Wednesday April 1, 2020 noon-1pm CST 
Making Sense Out of the New SBA Paycheck Protection Program: Practical Considerations for Dealers
 

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  Reminder: Access to Dealership Showroom Must be by Appointment  
  As a reminder, dealership parts and service departments are considered essential businesses under Governor Pritzker's "Stay-at-Home" Executive Order 2020-10. Sales departments are also essential, but customer access to showrooms must be limited to appointment only.  Dealerships may also continue to conduct sales online and by telephone.  To the extent possible, activities within dealership showrooms should be conducted pursuant to social distancing requirements described in the Department of Commerce and Economic Opportunity's Frequently Asked Questions: Click link here.

My business falls within one of the categories.  Can I require my employees come to work? 
  • The intent of the EO is to ensure that the maximum number of people self-isolate in their places of residence.  Even essential businesses and operations should promote telecommuting whenever possible.
  • Consider alternating work schedules to minimize the number of employees in the office at the same time.
  • To the greatest extent feasible, essential businesses and operations shall comply with social distancing requirements, including maintaining six-foot foot social distancing for both employees and members of the public at all times. They must also take the following practice measures wherever possible:
    • Designating with signage, tape, or by other means six-foot spacing for employees and customers in line to maintain appropriate distance;
    • Having hand sanitizer and sanitizing products readily available for employees and customers; 
    • Implementing separate operating hours for elderly and vulnerable customers;
    • Posting online whether a facility is open and how best to reach the facility and continue services by phone or remotely.
It is recommended that dealerships post signage on their showroom entrances, including internal entrances connecting the service department to the showroom, stating that customers can be admitted by appointment only and provided contact information to make appointments.  Customers admitted to the showroom should be checked against an appointment log to confirm compliance with the appointment process.  Disregarding the appointment process is a recipe for bad publicity and a potential visit from local law enforcement.  Dealers are strongly urged to comply with the appointment process.
 

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  IADA Website Updated Regularly  
  We are adding information to our website on a daily basis. Additional updates about the Coronavirus are regularly posted at www.illinoisdealers.com.  

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