ABCDEFGHIJKLMNOPQRSTUVWXYZAAAB
1
OpportunityType of FundingApplicable LocationsDescriptionLearn more
2
Berkley Relief FundGrantBerkley, CA
Berkeley-based small businesses and non-profits that have lost significant revenue or patronage will soon be able to access a $3 million relief fund for emergency grants. The City of Berkeley is also asking private donors to contribute to the relief fund.
https://berkeleyrelieffund.org/apply/
3
Birmingham Small Business LoansLoanBirmingham
Birmingham-based small businesses may qualify for a zero-interest loan of up to $25,000. Eligible businesses need to have less than 50 employees and must use the loan to prevent layoffs, offer sick pay, or offset other types of COVID-19-related losses.
https://docs.google.com/forms/d/e/1FAIpQLSfXHTTApHvJ9Bw49RQm6fbU3J41GTI7okHBnZ2pfOwxMIQGrA/viewform?_hsenc=p2ANqtz-8PuSjVQbcqlTricL5sJZ3nfGfFidz3V2LphjW3eh-vs7aCWrkuGYM_s16pPZGtY-zSbweAv3YdvjSdQOk3LFixahljb_u1_4dyfQLlnH9ao8L1ErE&_hsmi=84724696
4
California Loan ProgramsLoanCalifornia
IBank Small Business Finance Center has a loan guarantee program designed for disaster relief and is currently available to small businesses needing assistance due to COVID-19. To learn how to apply, visit the California Small Business Finance Center page.
https://www.ibank.ca.gov/small-business-finance-center/
5
California Sales Tax ExtensionPayment extensionsCalifornia
The Employment Development Department (EDD) of California will grant a 60-day tax extension for businesses that are experiencing hardship due to coronavirus. The tax extension will give more time for businesses to file state payroll reports and deposit state payroll taxes. You must submit a written request within 60 days of your original delinquent date.
https://blog.taxjar.com/california-extends-sales-and-use-tax-due-dates-covid-19/
6
California Unemployment Insurance Work Sharing Program
Workshare, UICalifornia
Employers who are considering laying off employees due to a slowdown in business from the coronavirus can apply for the UI Work Sharing Program, which partially offsets reduced worker hours and wages with UI benefits. The program allows you to retain trained employees and quickly prepare for when business improves. You can apply for a Work Sharing plan by completing the application and mailing it to the address on the top of the form.
https://www.edd.ca.gov/Unemployment/Work_Sharing_Program.htm
7
Chicago Small Business Resiliency FundLoanChicago, IL
Starting March 31, small businesses in Chicago can apply for low-interest loans of up to $50,000 with repayment terms of up to five years. The amount of the loan you’ll qualify for depends on your revenues before business was affected by the coronavirus. Who’s eligible: You must demonstrate a 25% drop in revenue, have less than $3 million in revenue and fewer than 50 employees, and have no current tax liens or legal judgments. How to apply: Apply online and include your most recent tax return, bank statements going back to October 2019 and photo ID.
https://www.chicagobusiness.com/government/lightfoot-100m-loan-fund-businesses-hit-coronavirus, https://www.surveymonkey.com/r/COVID19Chicago
8
Colorado Workshare ProgramWorkshare, UIColorado
The Colorado Work-Share program allows employees of businesses affected by COVID-19 to keep working, but with fewer hours. While an employee is working fewer hours, he or she may be eligible to collect part of his or her regular unemployment benefits. Employers must satisfy the following requirements to be eligible for the program: Your normal weekly hours must have been reduced by at least 10%; The reduction must affect at least of your employees; You must have paid as much in premiums as the Colorado Department of Labor and Employment paid your former employees in unemployment insurance benefits.
https://www.colorado.gov/pacific/cdle/layoffassistance
9
Connecticut Tax ExtensionPayment extensionsConnecticut
Deadlines for filing and payments associated with certain state business tax returns due on or after March 15, 2020 are extended by at least 30 days. You do not need to take action to receive the extended due date, but if you have questions, visit the Connecticut State Department of Revenue Services website to learn more.
https://portal.ct.gov/DRS/News---Press-Releases/2020/2020-Press-Releases/Effective-Immediately-DRS-Extends-Filing-Deadline-for-Certain-Annual-State-Business-Tax-Returns
10
City of Denver DEDO Microloan ProgramLoanDenver, CO
The City of Denver is also providing microloans to impacted businesses in the city. Loans will be between $5,000 and $50,000.
https://www.denvergov.org/content/denvergov/en/denver-office-of-economic-development/build-your-business/financing.html
11
Denver Small Business Emergency Relief ProgramGrantDenver, CO
The Denver Office of Economic Development will give grants of up to $7,500 to eligible small businesses in the Denver area. Around 250 businesses will receive the cash grants, and employers in industries that are particularly hit hard by COVID-19 (like restaurants and retail) are encouraged to apply. Grants will be distributed monthly, and the first applications will be due March 31. Details are sparse, but fill out an interest form to get more information from the city.
https://www.denvergov.org/content/denvergov/en/environmental-health/news/coronavirus-info/support-services/small-business-emergency-relief-program-form.html
12
Denver Tax ExtensionPayment extensionsDenver, CO
Denver businesses won’t have to pay the 15% late fee if they’re unable to pay their business taxes that are due in March or April.
13
IMAGINE 2020 Artist Assistance Fund, Denver Arts & Venues (DAV)
GrantDenver, CO
Through the existing IMAGINE 2020 Artist Assistance Fund, Denver Arts & Venues (DAV) will award grants and loans of up to $1,000 to individual artists who live in Denver whose incomes are being adversely affected due to cancellation of events, classes, performances and other creative work. Learn more.
https://www.downtowndenver.com/wp-content/uploads/NR12-Business-Suport-Package.pdf
14
Florida Small Business Emergency Bridge Loan ProgramLoanFlorida
The Florida Small Business Emergency Bridge Loan Program is activated to support small businesses impacted by COVID-19. The program provides short-term, interest-free loans to small businesses that experienced economic injury.
Employers with two to 100 employees can apply for loans up to $50,000. The loan is interest free for up to one year. To be eligible, your business must have been established prior to March 9, 2020. The application period runs through May 7, 2020. To apply, click here.
https://floridadisasterloan.org/
15
SBA Economic Injury Disaster Loans and Loan AdvanceLoan (and $10K Grant)Growing list of states
Now includes up to $10K in advance (that can be forgiven, and offered even if the main loan is pending or declined). SBA is providing low-interest working capital loans of up to $2 million to small businesses and nonprofits affected by the coronavirus in presidential and SBA-declared disaster areas. State governors must request access to the Economic Injury Disaster Loan program for businesses located in their states. These loans carry an interest rate of 3.75% for small businesses and 2.75% for nonprofits. Loan repayment terms vary by applicant, up to a maximum of 30 years. The list of eligble states is update by the day but as of today the following states are included: Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Louisiana, Maine, Maryland, Massachusetts, Michigan, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Virginia, Washington and West Virginia. You can use the loan to cover accounts payable, debts, payroll and other bills the coronavirus has affected your ability to pay.
https://disasterloan.sba.gov/ela/Information/Index
16
City of Los Angeles Small Business Emergency Microloan Program
LoanLos Angeles, CA
Businesses and microenterprises in Los Angeles that are responsible for providing low-income jobs can get an emergency microloan of $5,000 to $20,000. Loans with repayment terms of six months to one year carry an interest rate of 0% and five-year loans have interest rates of 3% to 5%. Who’s eligible: To get a loan, you must meet requirements including having “reasonable and responsible” individual credit history, committing to use the loan for working capital only and ensuring your business is located within the City of Los Angeles. If you own 20% or more of the business, you must guarantee the loan.
https://laedc.org/coronavirus/#micro-loan
17
Maryland Tax ExtensionPayment extensionsMaryland
The due date for individual and business tax returns has been extended to July 15, 2020. No application for the extended due date is needed.
18
Massachusetts Loan FundLoanMassachusetts
Gov. Charlie Baker announced a $10 million loan fund to help support employers whose businesses have been impacted by COVID-19. Massachusetts-based businesses with under 50 employees will be able to receive up to $75,000 in emergency funding. If you are eligible, you will receive the funds immediately and have no payments for six months.
https://www.empoweringsmallbusiness.org/what-we-offer/emergency-loan-funds/covid-19-loan-fund
19
Michigan Small Business Relief ProgramGrant and LoanMichigan
The State of Michigan will provide both grants and loans to small businesses affected by the coronavirus starting on or around April 1. Grants will be available in amounts of up to $10,000 to help cover working capital. Loans will be available in amounts from $50,000 to $200,000 at interest rates of 0.25%. Who’s eligible: Companies with 50 employees or fewer can qualify for grants, while loans are targeted at companies with 100 employees or fewer that can’t get credit elsewhere. In both cases, businesses must show income loss.
https://www.michiganbusiness.org/covid19/
20
Banks offering reliefPayment extensionsNationwide
Many banks are waiving fees and allowing businesses to defer payments during this crisis. Contact your bank immediately to learn more about how they are supporting the cause.
https://www.forbes.com/sites/advisor/2020/03/12/list-of-banks-offering-relief-to-customers-affected-by-coronavirus/#62818b523ee3
21
Facebook Small Business GrantsGrantNationwide
The $100 million initiative that was announced Tuesday, and the money will go toward 30,000 eligible small businesses around the globe in the form of cash and ad credits. Applications will be open in the coming weeks.
https://www.facebook.com/business/boost/grants
22
Income Tax Filing and Payment ExtensionPayment extensionsNationwide
The federal tax return filing deadline is now July 15, 2020. For tax payments of up to $10 million, the IRS has also extended the deadline for both individuals and businesses to July 15, 2020. Estimated tax payments for 2020 originally due on April 15 will now be due on July 15.
https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus
23
Payroll tax credits for small businessesTax creditNationwide
Businesses are required (over and under a certain size) to offer COVID-related sick time (14 days) and caregiver time (10 weeks at 2/3 pay). Businesses are then reimbursed these expenses through payroll tax credits (i.e. by not paying the equivalent amount of payroll taxes that are owed to the IRS).
https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus
24
Quickbooks GoFundMe Small Business Relief InitiativeGrantNationwide
To help small businesses affected by COVID-19, QB is teaming up with GoFundMe to launch the Small Business Relief Initiative. QuickBooks is committing up to $1 million through a fund and employee-directed contributions while also seeking donations from other large partners. If you're a small business impacted by COVID-19 or want to help a local business, you can start a GoFundMe fundraiser.
https://quickbooks.intuit.com/smallbusinesshelp/?cid=DR_em_46549_001_Button1_US_QBO
25
CARES Act: Payroll Protection ProgramForgiveable LoanNationwide
The bill provides federally guaranteed loans available at community banks to small businesses that pledge not to lay off their workers. The loans would be available during an emergency period ending June 30 and would be forgiven if the employer continued to pay workers for the duration of the crisis. The loan can also be used to hire back workers who have been laid off. Loan amount can be up to 2.5x monthly payroll cost (including insurance), and 1 for 1 dollar amount forgiven for the cost of rent, utilities, payroll, insurance, mortgage and interest if you have retained your workforce. This is the best resource I have seen about this loan and the act overall: https://www.uschamber.com/co/events/national-small-business-town-hall-inc-us-chamber
https://www.uschamber.com/co/start/strategy/cares-act-small-business-guide for more information; Contact your local bank(s) to get started
26
CARES Act: Payroll tax deferralPayment extensionsNationwide
50% of employer portion of payroll taxes can be deferred for up to one year to help small businesses increase cash flow quickly
https://www.uschamber.com/co/start/strategy/cares-act-small-business-guide for more information. Contact your payroll processer (i.e. Quickbooks) for more information. Quickbooks has informed me that they will have a way to set this deferred payment up by April 1st.
27
CARES Act: Payroll tax creditTax creditNationwide
Businesses are eligible for an employee retention tax credit if 1.) your business operations were fully or partially suspended due to a COVID-19 shut-down order; or 2.) gross receipts declined by more than 50% compared to the same quarter in the prior year. Eligible businesses can get a refundable 50% tax credit on wages up to $10,000 per employee. The credit can be obtained on wages paid or incurred from March 13, 2020, through December 31, 2020.
https://www.uschamber.com/co/start/strategy/cares-act-small-business-guide for more information. Contact your payroll processer (i.e. Quickbooks) for more information. Quickbooks has informed me that they will have a way to set this deferred payment up by April 1st.
28
Kiva MicroloansLoanNationwide
Kiva has expanded their loan program to allow for U.S. entrepreneurs to seek a loan up to $15,000 with 6-months of 0% interest.
https://www.kiva.org/borrow
29
COVID-19 Business Loan Guarantee ProgramLoanNew Mexico
The New Mexico Economic Development Department created a program to assist businesses impacted by COVID-19 with emergency loans or lines of credit. NMEDD can guarantee a portion of a loan or line of credit up to 80% of principal or $50,000. Loan proceeds are flexible and can be used for working capital, inventory and payroll.
https://www.newmexico.gov/2020/03/13/new-mexico-offers-new-loan-program-priority-assistance-to-virus-impacted-businesses/
30
New York City Employee Retention Grant ProgramGrantNew York City
Small businesses with one to four employees can apply for a grant of up to $27,000 that covers 40% of payroll costs over the course of two months. You must show that you lost 25% of your revenue due to the coronavirus. Refer to New York City’s coronavirus resource page for small businesses for more information. Who’s eligible: Businesses must be located in one of New York City’s five boroughs, have been operating for six months or more and have no current tax liens or legal judgments. How to apply: Apply online through the New York City Department of Small Business Services website. You’ll submit financial documentation showing your revenue decrease and how it compares to this time last year, plus payroll records and bank account information.
https://www.surveymonkey.com/r/N336ZYB
31
New York City Small Business Continuity FundLoanNew York City
If your business has fewer than 100 employees, you can get up to $75,000 in interest-free loans from the city to cover revenue losses. Who’s eligible: Businesses within the five boroughs that have experienced at least a 25% reduction in revenue can qualify. You must have no tax liens or legal judgments against you, and you must prove a loss in revenue and that you are able to repay the loan. How to apply: Applications aren’t yet open, but fill me out an interest form on the New York City Department of Small Business Services website to get more information when it’s available. In the meantime, gather documents that show your decrease in revenue including 2019 tax returns, bank statements and point-of-sales reports.
https://www1.nyc.gov/site/sbs/businesses/covid19-business-outreach.page
32
New York City Interest Free LoansLoanNew York City, NY
Mayor Bill de Blasio announced on March 8 that businesses with fewer than 100 employees who have seen a sales decrease of at least 25% because of COVID-19 are eligible for up to $75,000 in interest-free loans to make up for profit losses. Small businesses with fewer than 5 employees are being offered a grant to cover 40% of payroll costs for up to two months. If you’re interested in either one of these programs, fill out the COVID-19 Business Assistance Survey.
https://www.surveymonkey.com/r/N336ZYB
33
0% Interest Credit CardsLoanNon-specific to any location
Credit cards are not an ideal way to fund a business. But we are in a unique time, and for some businesses, a credit card that has an introductory 6-12 month period with a 0% interest rate can help purchase raw materials and pay for day-to-day expenses while sales are slow. Loans, like those outlined above, can take a long time to be reviewed, processed and funded. If you anticipate getting a loan in the coming months, a 0% interest rate card can also help bridge you from right now to when loan funds hit your account.
https://www.creditcards.com/credit-card-news/best-0-apr-business-credit-cards/
34
CrowdfundingGrantNon-specific to any location
Many people are looking for ways to support small businesses right now, and you may have loyal customers who want to contribute. Two potential ways to rally customers around your business: sale on gift cards (such as 5% off gift cards to help bring in cash that can be redeemed for products later) and crowdfunding using a platform like GoFundMe. These are unlikely to generate huge sums but the revenue they do bring in is immediate. This article highlights two GoFundMe efforts to support a business through coronavirus.
35
Oakland Business Tax AssistancePayment extensionsOakland, CA
The City of Oakland’s Finance Department will waive late payment penalties on taxes due March 1, 2020 for small businesses impacted by COVID-19. Employers can also apply for a payment plan to decrease the costs. To apply for a payment plan of learn more about penalty waivers, call the Finance Department customer service line at (510) 238-3704 or email BTwebsupport@oaklandca.gov.
36
Jade District-Old Town COVID-19 Small Business Response Fund
LoanPortland, OR
In Portland, small businesses in the Jade District and Old Town Chinatown neighborhoods can apply for emergency funding to support their businesses by March 23. Up to $190,000 total is available from local government sources. Priority will be given to Asian- and Pacific Islander-owned businesses.
https://www.apano.org/blog/2020/03/19/jade-district-oldtown-covid-19-small-business-response-fund/
37
Sacramento Relief FundLoanSacramento, CA
The City of Sacramento established a $1 million economic relief fund for businesses affected by COVID-19. The fund will provide zero-percent interest loans of up to $25,000 per business.
https://cityofsac.forms.fm/covid19-relief/forms/7750
38
San Francisco COVID-19 Small Business Resiliency FundLoanSan Francisco, CA
Businesses with between one and five employees can apply for up to $10,000 in emergency funding to help cover rent and employee salaries. You must show that you lost 25% or more of your revenue, that you have less than $2.5 million in gross receipts and that you’re properly licensed to operate in San Francisco.
https://oewd.org/covid-19-small-business-resiliency-fund
39
San Francisco Revolving Loan FundLoanSan Francisco, CA
San Francisco provides access to capital and technical assistance through the Revolving Loan Fund, as well as the Emerging Business Loan Fund, which offers loans of up to $250,000 to qualifying commercial projects. Contact Karla De Leon at 510-830-3226 or email her at sanfrancisco@mainstreetlaunch.org to learn more about your loan options.
http://www.mainstreetlaunch.org/san-francisco-launch/, http://obdc.com/programs/san-francisco/
40
Amazon Neighborhood Small Business Relief FundGrantSeattle, WA
The goal of this fund is to help neighborhood small businesses maintain their livelihood, and continue to foster a vibrant community. To be eligible for a grant, recipients must have fewer than 50 employees or less than $7 million in annual revenue. Interested neighborhood small businesses can apply for grant support by completing this application. Applications will be reviewed as they are received and for those determined to be eligible for a grant, funds will be dispersed as quickly as possible. Businesses are eligible to apply for additional grant support due to reduced foot traffic over an extended period of time.
https://blog.aboutamazon.com/job-creation-and-investment/helping-local-small-businesses-through-the-impacts-of-covid-19
41
Seattle Office of Arts & Culture Relief applicationGrantSeattle, WA
Seattle Relief Fund is aimed at helping those in the greater Seattle arts community who have been financially impacted by cancellations due to COVID-19. Depending on funding levels and amount of requests, priority may be given to artists from communities that have been historically and systemically economically disadvantaged in the Seattle Area: BIPOC artists, transgender & nonbinary artists, and disabled artists – but we will try to help as many artists with need in Seattle as we can. If you are an artist in need of funds, click here to take our survey and apply for relief.
https://artbeat.seattle.gov/2020/03/17/artists-and-creative-workers-relief-funding/
42
Washington Sales Tax ExtensionPayment extensionsWashington
Employers who have seen an impact on business due to COVID-19 may request a tax extension from the Washington Department State of Revenue. The extension is designed to free up your cash reserves, and give you more time to pay and report your taxes. If you don’t apply for a tax extension but are late in paying your taxes because of the coronavirus, the penalty may be waived under certain circumstances if you haven’t owed a late penalty in the last two years.
https://www.governor.wa.gov/issues/issues/covid-19-resources/covid-19-resources-businesses-and-workers
43
Washington SharedWork ProgramWorkshare, UIWashington
Much like California’s UI Work Sharing Program, the Washington SharedWork Program partially offsets reduced worker hours and wages with UI benefits. This valuable resource can reduce your payroll costs by around 10% and it could allow you to keep your trained staff intact.
https://esd.wa.gov/SharedWork/apply
44
Washington StandbyWorkshare, UIWashington
If you need to shut down operations because your employees are sick and need to be quarantined, you can request to place your staff on standby for up to eight weeks. This means your employees will be able to receive benefits and won’t be forced to look for another job. Washington-based employers must wait for a worker to apply for standby, at which point a “Request for Separation Information” form will be sent in the mail. Fill out the form, mail it back, and you’ll then be sent a decision in the mail.
https://esd.wa.gov/unemployment/temporary-layoffs
45
Washington State Artist Trust Artist Relief FundingGrantWashington
The COVID-19 Artist Trust Relief Fund provides rapid response grants supporting critical needs of artists whose livelihoods have been impacted by COVID-19. With events, performances, and conferences across the country canceled, the hospitality industry closure, growing travel restrictions, significant health threats, cross-sector lay-offs, and social distancing recommendations, Washington State artists are facing severe career disruption and loss.
https://artisttrust.submittable.com/submit/162977/covid-19-artist-trust-relief-fund
46
Wisconsin Economic Development GrantGrantWisconsin
Businesses with 20 or fewer employees may qualify for a $5 million grant program from the Wisconsin Economic Development Corp. The program, called Small Business 20/20, will provide up to $20,000 to eligible Wisconsin-based businesses to help fight the economic impact of COVID-19.
https://wedc.org/programs-and-resources/small-business-2020/
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100