On April 9, the Nevada Financial Institutions Division (FID) issued a letter temporarily exempting from licensure under the Nevada Installment Loan and Finance Act currently approved Small Business Administration (SBA) 7(a) lenders under the Paycheck Protection Program (PPP). In order to take advantage of this relief, lenders that participate in the PPP must submit the exemption request form, which is found in the letter, for FID’s review and approval.