This document provides information on sources of relief for COVID-19. We recommend that you review the individual websites for full details. Last Updated: 3/31/20
|Agency / Department||Resource||Details||How to apply||URL|
|FEDERAL||U.S. Small Business Administration (SBA)||SBA Disaster Assistance||The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). (3/14)|
SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses without credit available elsewhere; businesses with credit available elsewhere are not eligible. The interest rate for non-profits is 2.75%.
|Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.sba.gov/disaster-assistance/coronavirus-covid-19|
|Small Business Administation||Automatic deferment of previous SBA loans||U.S. Small Business Administration Administrator Jovita Carranza announced changes to help borrowers still paying back SBA loans from previous disasters. By making this change, deferments through December 31, 2020, will be automatic. Now, borrowers of home and business disaster loans do not have to contact SBA to request deferment.||TBA||https://www.sba.gov/about-sba/sba-newsroom/press-releases-media-advisories/carranza-implements-automatic-deferment-existing-sba-disaster-loans-through-end-2020|
|Secretary of Health and Human Services||Healthcare Waivers||The Secretary of Health and Human Services will be able to immediately waive provisions of applicable laws and regulations to give doctors, all hospitals, and healthcare providers maximum flexibility to respond to the virus and care for patients. (3/13)||No specific application process.||https://www.whitehouse.gov/briefings-statements/remarks-president-trump-vice-president-pence-members-coronavirus-task-force-press-conference-3/|
|Department of Education||Federal Student Loan Relief||COVID-related guidance: If you’re having trouble making payments, contact your loan servicer as soon as possible. If you have a federal Perkins Loan, contact your school. You can easily avoid the consequences of delinquency or default by staying in touch with your servicer or school. |
Your servicer or school can provide information about deferment or forbearance options that allow you to temporarily stop making payments on your loans. You may also be able to change to a different repayment plan that would give you a lower monthly payment.
|Contact your loan servicer, or your school if you have a federal Perkins Loan.||https://studentaid.gov/announcements-events/coronavirus|
|Department of Labor||Families First Coronavirus Response Act||Worker Protections — The package requires employers to provide two weeks paid sick leave and up to three months of paid family leave for employees affected by the virus, the cost of which could then be claimed by the employer as a tax credit.|
Employees of covered employers are eligible for:
- Two weeks (up to 80 hours) of paid sick leave at the employee’s regular rate of pay where the employee is unable to work because the employee is quarantined, and/or experiencing COVID-19 symptoms and seeking a medical diagnosis; or
- Two weeks (up to 80 hours) of paid sick leave at two-thirds the employee’s regular rate of pay because the employee is unable to work because of a bona fide need to care for an individual subject to quarantine, or to care for a child under 18 yrs whose school or child care provider is closed or unavailable for reasons related to COVID-19; and
- Up to an additional 10 weeks of paid expanded family and medical leave at two-thirds the employee’s regular rate of pay where an employee, who has been employed for at least 30 calendar days, is unable to work due to a bona fide need for leave to care for a child whose school or child care provider is closed or unavailable for reasons related to COVID-19.
Covered Employers: The paid sick leave and expanded family and medical leave provisions of the FFCRA apply to certain public employers, and private employers with fewer than 500 employees. Most employees of the federal government are covered by Title II of the Family and Medical Leave Act, which was not amended by this Act, and are therefore not covered by the expanded family and medical leave provisions of the FFCRA. However, federal employees covered by Title II of the Family and Medical Leave Act are covered by the paid sick leave provision.
Small businesses with fewer than 50 employees may qualify for exemption from the requirement to provide leave due to school closings or child care unavailability if the leave requirements would jeopardize the viability of the business as a going concern.
|Small Business Administation||Paycheck Protection Loans (CARES Act)||New SBA-backed Paycheck Protection loan program will help small businesses pay for expenses with the following provisions:|
- Loans taken by small businesses to keep employees on payroll may be forgiven.
- 501(c)(3)s will also be eligible for this program.
- Federal government will forgive 8 weeks of cash flow, rent, and utilities at 100% up to 2.5x average monthly payroll.
- The law provides $350 billion for this loan program. .
- Businesses and 501(c)(3)s with less than 500 employees are eligible for this new loan.
- Sole proprietors, independent contractors, and self-employed individuals may also be eligible.
- Physician practices are eligible regardless of how they are structured.
- Small businesses in the hospitality and food industry that have less than $500 million in gross receipts with more than one location could also be eligible at the store and location level if the store employs less than 500 workers. This means that each store location could be eligible.
- If your franchisor appears in the SBA's National Franchise Directory, assistance will extend down to the franchisee at the store or location level.
|More info here: https://www.sba.gov/funding-programs/loans/paycheck-protection-program. Interested applicants must apply with a participating bank; this program is not run through the SBA directly.||https://armstrong.house.gov/issues/coronavirus-phase-iii-legislation|
|USDA Rural Development||Direct and Guaranteed Loans||Effective March 19, borrowers with USDA single-family housing Direct and Guaranteed loans are subject to a moratorium on foreclosure and eviction for a period of 60 days. This action applies to the initiation of foreclosures and evictions and to the completion of foreclosures and evictions in process.|
Guaranteed Loan Program:
• Guaranteed Loan borrowers who are in default or facing imminent default due to a documented hardship can have payments reduced or suspended by their lender for a period not to exceed 12 months delinquency.
• Guaranteed Loan servicing questions should be directed to: email@example.com.
Direct Loan Program:
• USDA has waived or relaxed certain parts of the application process for Single-Family Housing Direct Loans, including site assessments, and has extended the time period that certificates of eligibility are valid.
• A Direct Loan borrower who is experiencing a reduction of income by more than 10 percent can request a Payment Assistance package to see if he/she is eligible for payment assistance or for more assistance than currently received.
• Moratorium Assistance is available for Direct Loan borrowers experiencing medical bill expenses (not covered by insurance) or job loss because of COVID-19.
• Direct Loan questions should be directed to USDA’s Customer Service Center at 800-414-1226 (7:00 a.m.-5:00 p.m. Eastern Time Monday-Friday) or https://www.rd.usda.gov/contact-us/loan-servicing.
|USDA Rural Development||Rural Business-Cooperative Services||Beginning immediately, through July 31, 2020, USDA Business and Industry Loan Guarantees (B&I) and Rural Energy for America Program (REAP) Guaranteed lenders may assist borrowers experiencing temporary cash flow issues by deferring payments for a period no longer than 120 days. The lender must notify The Agency in writing of any payment deferments.||https://rd.usda.gov/sites/default/files/USDA_RD_SA_COVID19_ProgramImmediateActions.pdf|
|USDA Rural Development||Rural Business-Cooperative Services||USDA extended the application deadline for the Rural Business Development Grant (RBDG) program to no later than April 15, 2020. Contact the Rural Development office for the deadline in your state.|
USDA announced the extension in an Unnumbered Letter posted March 19, 2020.
• USDA extended the application deadline for the Rural Energy for America Program (REAP) to April
15, 2020. For additional information, see page 16925 of the March 25, 2020, Federal Register.
The President will be instructing the Department of the Treasury to defer tax payments for certain individuals and businesses negatively impacted by the coronavirus.
|STATE / LOCAL||Alabama|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Alabama||Governor Kay Ivey announced today that small businesses across Alabama negatively impacted by the coronavirus pandemic are eligible for assistance under the U.S. Small Business Administration’s Economic Injury Disaster Loan (EIDL) program.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.fox10tv.com/news/coronavirus/alabama-governor-ivey-releases-statement-on-small-business-relief-loans/article_b0503bfe-6b86-11ea-a2d8-6727ce6c8c73.html|
|Birmingham, AL Mayor's Office||COVID-19 Response Plan||March 17, 2020 – Mayor Randall L. Woodfin’s $15 million COVID-19 Response Plan to fund police, fire, public works and a stimulus program for small businesses affected by the pandemic passed the Birmingham City Council Tuesday night.||N/A||https://www.birminghamal.gov/2020/03/17/mayor-woodfins-15-million-covid-19-response-plan-approved-by-the-birmingham-city-council/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Alaska||Governor Mike Dunleavy is announcing that Alaskan businesses can now apply for the U.S. Small Business Administration’s (SBA) low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://gov.alaska.gov/newsroom/2020/03/21/alaska-businesses-now-eligible-for-sba-economic-injury-disaster-loans/|
|Alaska Governors Office||Economic Relief Plan||Gov called for $1,300 dollar Permanent Fund dividend payments in April, and for a one billion dollar fund, to stabilize the state’s economy. He also signed an executive order protecting 13,000 Alaskans who receive rental assistance from the Alaska Housing Finance Corporation (AHFC) from evictions for at least 60 days. AHFC also is being directed to suspend foreclosures.|
Dunleavy authorized $75 million for emergency health care facilities and personal protective equipment for health care providers. He also authorized $100 million for an expected increase in state worker and public health workload, as well as funds for health safety equipment for all state workers.
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Arizona||The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|State of Arizona||Business Loan and Foreclosure Relief||Governor Doug Ducey today announced a cooperative agreement with the state’s banks to protect small businesses and families from eviction and foreclosure. Banks also committed to expediting the application and approval of small business loans as part of the $349 billion Paycheck Protection Program passed by Congress and signed into law last week. Under the agreement, banks are suspending evictions and foreclosures for at least 60 days, with the potential to extend that period for the duration of the state’s emergency declaration. Additionally, most banks have adopted a payment deferral program for business loans under guidance from banking regulatory agencies, and many banks are working directly with consumers on payment deferrals for certain consumer loans.||https://azgovernor.gov/governor/news/2020/03/governor-ducey-announces-new-steps-protect-families-and-small-businesses|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance||The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|Arkansas Economic Development Commission||Quick Action Loan Program||Allocation of $4,000,000 from the Governor's Quick Action Closing Fund|
Eligible companies may apply for a loan or loan guaranty of up to $250,000.
Prioritize small to medium-sized companies that are in the supply chain of essential goods and services (including healthcare, food manufacturing, logistics)
Community Development Block Grant (CDBG)
Up to $12 million in CDBG assistance will be made available for COVID19 relief and recovery. This money will be used to provide grants to eligible local governments with which to provide direct economic assistance in the form of loans to companies impacted by COVID19 and grants to clinics, hospitals and other non-profits who are working hard to provide care in rural Arkansas and to vulnerable populations such as the homeless. AEDC is undertaking necessary regulatory steps required by the federal government to implement this assistance. This page will be updated as more information becomes available.
|For questions about ways AEDC can assist your business during this time, contact us by email or phone:|
Phone: 501-682-1121 or toll-free: 1-800-ARKANSAS
|CA Office of Small Business Advocate||SBA Funding & Loan Programs||IBank will issue loan guarantees up to 95 percent of the loan through its partner Financial Development Corporations to help small business borrowers who were impacted by disasters or public safety power shutoffs and who need term loans or lines of credit for working capital. Small businesses, including small farms, nurseries, agriculture-related enterprises and nonprofits that have suffered an economic loss Resources for Businesses and/or physical damage may apply. This disaster program will help lenders and small businesses by providing loan guarantees of up to $1 million for small business borrowers in declared disaster areas.|
IBank is also offering loans from $500 to $10,000 to low-wealth entrepreneurs in the declared disaster and emergency areas through its Jump Start Loan Program.
|Application criteria are listed here: https://www.ibank.ca.gov/small-business-finance-center/ |
Qualifying small business owners can apply for a loan guarantee or get additional information by contacting one of the participating Financial Development Corporations (FDCs): https://www.ibank.ca.gov/publications/fdc/
|City of Los Angeles||Small Business Emergency Microloan Program||The Small Business Emergency Microloan Program will provide loans of $5,000 to $20,000 for small business enterprises that have been affected by the COVID-19 outbreak.||Application criteria are listed here: http://ewddlacity.com/index.php/microloan-program|
Qualifying businesses can apply online via a secure login system: https://cloud.bmisw.com/CityOfLA/Account/Login?ReturnUrl=%2FCityOfLA%2FWorkflow%2FEnter%2FMicroloan_Begin
|Los Angeles Mayor's Office||Economic Relief Package||Mayor Eric Garcetti announced an $11 million economic relief package for small businesses impacted by the novel coronavirus (COVID-19).||N/A||https://www.lamayor.org/mayor-garcetti-announces-economic-relief-package-small-businesses-impacted-novel-coronavirus|
|San Francisco Office of Economic and Workforce Development||COVID-19 Small Business Resiliency Fund||Because of the disruptions that COVID-19 has created for our small business community, the COVID-19 Small Business Resiliency Fund was created. It allows impacted small business owners to access up to $10,000 for employee salaries and rent.||Eligible small businesses must have between 1 and 5 employees, show a loss of revenue of 25% or more, have less than $2,500,000 in gross receipts, and be engaged in activities that are regulated by the City and County of San Francisco and have a related license/permit.|
The application form is here: https://oewd.org/file/17350
|San Francisco Office of the Mayor||Paid Sick Leave||London N. Breed announced a Workers and Families First Program to provide paid sick leave to private sector workers who have been impacted by the COVID-19 pandemic. This plan will include $10 million in public funding that will provide businesses with funding to provide an additional five days of sick leave pay to workers beyond their existing policies. The Workers and Families First Program will provide City financial assistance to businesses and nonprofits to provide additional paid sick leave time to employees, over and above their existing policies. All San Francisco businesses will be eligible, with up to 20% of funds reserved for small businesses with 50 or fewer employees. The City will contribute up to one week (40 hours) at $15.59 per hour (minimum wage) per employee, or $623 per employee. The employer will pay the difference between the minimum wage and an employee’s full hourly wage.||N/A||https://sfmayor.org/article/mayor-breed-announces-plan-provide-paid-sick-leave-workers-impacted-coronavirus|
|San Francisco Office of Economic and Workforce Development||Defer business taxes and licensing fees||Defers business tax payment due to February 2021. No interest payments, fees, or fines will accrue as a result of the deferral. This benefit will be offered to business with up to $10 million in gross receipts, benefiting approximately 8,050 businesses with an average $5,400 tax payment deferral each.|
Delays license fees for three months, with a further delay to be contemplated based on need. This will lead to $14 million in deferrals impacting 11,000 payees.
|No special application needed.||https://sfmayor.org/article/san-francisco-announces-measures-support-small-businesses-response-covid-19|
|San Francisco Public Utilities Commission||Utilities relief||San Francisco Public Utilities Commission (SFPUC) will no longer shut off water or power for delinquent payments, and that both the SFPUC and the San Francisco Municipal Transportation Agency (SFMTA) will no longer add penalties on to delinquent payments during the City’s Local Emergency response to coronavirus. These actions are part of the City’s response to reduce financial impacts on individuals during the COVID-19 pandemic.||No special application needed.||https://sfmayor.org/article/san-francisco-suspend-power-and-water-shutoffs-waive-penalties-and-interest-delinquent|
|City of Oakland||Business Tax Relief; Paid Sick Leave||In response to this crisis, the City’s Finance Department will waive late payment penalties for small businesses resulting from failure to file taxes due March 1, 2020 on time due to COVID-19. To apply for a payment plan or to seek waiver of penalties due to COVID-19, please call the customer service line at (510) 238-3704 or email BTwebsupport@oaklandca.gov|
Small businesses can receive direct help from the City’s Business Assistance Center by visiting visit oaklandbusinesscenter.com and completing the online assessment form. Staff in the Business Assistance Center will then work directly with the business to connect them with Oakland’s many business support organizations that offer financial products, technical assistance and other services to help local small businesses sturdy themselves in face of the pandemic. Please visit oaklandbusinesscenter.com for the latest information
The City is reminding all workers and employers of Oakland’s voter-approved sick leave benefits. During the COVID-19 pandemic, it is important that workers have the ability to take paid time off when they are sick. Measure FF, voter-approved in November 2014, requires the accrual of paid sick leave for any individuals employed in Oakland. The minimum rate of accrual is one hour paid sick leave for every 30 hours worked. Employers with less than 10 employees must allow employees to accrue up to 40 hours of paid sick leave at a time and larger employers with 10 or more employees must allow employees to accrue at least 72 hours of paid sick leave. If an employee feels as if their paid sick leave accrual is not accurate, they should reach out to firstname.lastname@example.org
Through the Keep Oakland Housed program, services are available to all Oakland residents who are at risk of losing their housing. In addition to emergency financial assistance to help with rent, utility payments, and other housing-related costs, the program also offers supportive services and legal representation for tenants with an active eviction lawsuit.
|See details at left.||https://www.oaklandca.gov/news/2020/city-of-oakland-outlines-small-business-workforce-support-to-mitigate-impacts-of-covid-19|
|Executive Department, State of California||Executive Order||Governor Newsom is relaxing the state WARN Act requirements for businesses affected by COVID-19.||No special application needed.||https://www.gov.ca.gov/wp-content/uploads/2020/03/3.17.20-EO-motor.pdf|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - California||The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|Denver Department of Housing Stability||The Temporary Rental and Utility Assistance program (TRUA) offers resources to Denver residents who are facing a housing crisis or hardship to help prevent eviction or displacement. You can get: Up to 80% of your rent paid and help paying utilities. (3/16)||The program is for Denver residents who earn $52,000 or less (individual) or $74,250 or less (household of 4). Assistance payments are made directly to the landlord or utility company. To apply, call 311 in-state and select option 6.||https://www.denvergov.org/content/denvergov/en/housing-information/resident-resources/stay-in-your-home/rent-utility-help.html|
|Denver Mayor's Office||Denver SMB Relief Fund||Denver Mayor Michael Hancock said the city created a $4 million relief fund for small businesses and artists, who have essentially lost their livelihood due to the closure of restaurants and other gathering places in response to the novel coronavirus.||N/A||https://kdvr.com/news/mayor-announces-4-million-relief-fund-for-denver-businesses-hurt-by-coronavirus/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Colorado||Colorado small businesses impacted by COVID-19 can seek individual small business loans up to $2M as part of the Small Business Administration’s (SBA) Economic Injury Disaster Loan program. Colorado small businesses throughout all 64 counties and on all tribal lands may seek SBA Economic Injury Disaster Loans.||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|State of Colorado||Removing Restrictions on Insurance Coverage for Restaurant Delivery Drivers||In an effort to protect these workers and their vehicles, the DOI’s emergency regulation 20-E-03 removes restrictions on two different types of auto insurance for the duration of Public Health Order 20-22. For restaurants that already have commercial automobile policies for drivers, the regulation allows those policies to cover new, unnamed drivers that will be put into delivery service during the COVID-19 emergency. If a restaurant does not have a commercial policy, the regulation allows employees to use their own personal auto insurance for their vehicle. The regulation removes the restriction for the restaurant employee’s personal insurance that would usually prevent commercial activity like food delivery. However, the regulation does not apply to workers who regularly deliver food or who work for other services not impacted by the restaurant closure that was part of Public Health Order 20-22.||N/A||https://www.colorado.gov/governor/news/restaurant-workers-can-now-deliver-food-less-red-tape-and-insurance-delays|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Connecticut||CT announced that SBA has approved its request for funding. Small businesses can learn more about the program and apply for financial assistance at www.sba.gov/disaster or call the SBA at 1-800-659-2955.|
Small businesses with questions about this SBA loan program or other assistance provided at the state-level can call 860-500-2333 to speak directly with a DECD representative. Businesses can also stay informed on news and guidance related to COVID-19 and its impact on Connecticut by visiting the state’s dedicated coronavirus website at ct.gov/coronavirus. (3/16)
|Apply for assistance here: https://disasterloan.sba.gov/ela/||https://portal.ct.gov/Office-of-the-Governor/News/Press-Releases/2020/03-2020/Governor-Lamont-Announces-Connecticut-Businesses-Approved-to-Receive-Disaster-Assistance|
|State of Connecticut||Connecticut Recovery Bridge Loan Program||Governor Ned Lamont today announced that Connecticut small businesses and nonprofits that have been negatively impacted by the global spread of the COVID-19 pandemic can now apply for one-year, no-interest loans of up to $75,000 under the launch of a new program administered by the state’s Department of Economic and Community Development (DECD). The Connecticut Recovery Bridge Loan Program will make $25 million available to Connecticut businesses and nonprofits that have 100 or fewer employees to assist with cash flow. Loan amounts are up to the lesser of either three months operating expenses and/or $75,000.||N/A||https://portal.ct.gov/DECD/Content/Coronavirus-Business-Recovery/CT-Recovery-Bridge-Loan-Program|
|Delaware Office of the Governor||Hospitality Emergency Loan Program||Launched HELP (Hospitality Emergency Loan Program). Governor John Carney on Wednesday announced the Hospitality Emergency Loan Program (HELP) to provide financial relief for restaurants, bars and other hospitality industry businesses that employ thousands of Delawareans.||N/A||https://news.delaware.gov/2020/03/18/governor-carney-announces-help-program-to-support-delaware-small-businesses/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Delaware||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|Florida Department of Economic Opportunity||Emergency Bridge Loan Program||Activated the Florida Small Business Emergency Bridge Loan Program to support small businesses impacted by COVID-19. The bridge loan program, managed by the Florida Department of Economic Opportunity (DEO), will provide short-term, interest-free loans to small businesses that experienced economic injury from COVID-19. The application period opens March 17, 2020 and runs through May 8, 2020.||Small business owners with two to 100 employees located in Florida affected by COVID-19 can apply for short-term loans up to $50,000. These loans are interest-free for up to one year and are designed to bridge the gap to either federal SBA loans or commercially available loans. To be eligible, a business must have been established prior to March 9, 2020 and demonstrate economic impacts as a result of COVID-19.||https://floridadisasterloan.org/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Florida||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Georgia||Georgia Receives SBA Statewide Disaster Declaration, Applications for Small Business Emergency Loans Now Open. This declaration will provide assistance in the form of SBA Economic Injury Disaster Loans to impacted small businesses in all 159 counties in Georgia.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://gov.georgia.gov/press-releases/2020-03-19/georgia-receives-sba-statewide-disaster-declaration-applications-small|
|U.S. Small Business Administration (SBA)||SBA Economic Injury Disaster Loan Assistance - Hawaii||Hawai‘i small businesses suffering financial losses due to the impact of COVID-19 can now file for low-interest working capital loans of up to $2 million from the SBA. The SBA approved a certification request submitted by Gov. David Ige, clearing the way for Hawai‘i small businesses to participate in the SBA’s Economic Injury Disaster Loan Assistance Program. The loans can be used to pay fixed debts, payroll and other bills that can’t be paid because of a disaster’s impact.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.staradvertiser.com/2020/03/20/hawaii-news/federal-loans-available-to-hawaii-small-businesses-suffering-from-coronavirus-crisis-gov-david-ige-says/|
|U.S. Small Business Administration (SBA)||SBA disaster loans - Idaho||Following Governor Brad Little’s request, SBA announced it is now offering low-interest federal disaster loans for working capital to Idaho small businesses suffering substantial economic injury as a result of the 2019 novel coronavirus (COVID-19). Businesses may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses that could have been met if the disaster had not occurred.|
Areas eligible for SBA disaster loans related to COVID-19 include: Cassia, Clearwater, Fremont, Owyhee, Twin Falls.
|Apply for assistance here: https://disasterloan.sba.gov/ela/||https://gov.idaho.gov/pressrelease/idaho-small-businesses-impacted-by-coronavirus-can-now-access-federal-disaster-loans/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Illinois||Illinois businesses have statewide eligibility in a federal loan program, administered by the U.S. Small Business Administration. The low-interest loans offer up to $2 million in assistance per eligible small business or non-profit organization that applies. These loans can be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid due to the impact of the COVID-19 pandemic. The interest rate for businesses without credit available elsewhere is 3.75%, and the non-profit rate is 2.75%. According to the Small Business Administration, loans are available with long-term repayments to keep payments affordable, up to a maximum of 30 years.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www2.illinois.gov/sites/coronavirus/Resources/Pages/EconomicAssistance.aspx|
|Illinois Department of Commerce and Economic Opportunity||Hospitality Emergency Grant Program||The Hospitality Emergency Grant Program provides $14 million drawn from funds originally budgeted for job training, tourism promotion, and other purposes to help hospitality businesses make ends meet in the midst of the COVID-19 pandemic. Grant funds are available to support working capital like payroll and rent, as well as job training, retraining, and technology to support shifts in operations, like increased pick-up and delivery.||N/A||https://us.accion.org/news/covid-19-hospitality-business-grant-program/|
|City of Chicago||Chicago Small Business Resiliency Fund||As a response to this challenge, the City is establishing a $100 million Chicago Small Business Resiliency Fund, which will help to provide small businesses with emergency cash flow during this immediate health crisis. Funds will be provided to eligible businesses as low-interest loans.|
The loan terms will follow the guidelines below:
1) Repayment Term: Low-interest loans for a term of up to five years.
2) Loan Amount: Up to $50,000 but sized based on revenues before the COVID-19 outbreak.
3) Loan Proceeds: Proceeds are required to be used for working capital. At least 50% of proceeds should be applied toward payroll and commitment to retain the workforce at 50% of pre-COVID-19 levels.
|To be eligible, businesses must meet the following requirements:|
- Suffered more than 25% revenue decrease due to COVID-19
- Employ fewer than 50 employees and have gross revenues of less than $3 million in 2019
- Provide a City business address or City business license
- No pre-existing tax liens or legal judgments
In addition, please be prepared to provide the following information:
- Bank statements dating back to October 2019
- Your most recent tax return
- Photo ID (CityKey will be accepted)
Compelte this form to apply: https://www.surveymonkey.com/r/COVID19Chicago
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Indiana||Indiana small businesses are eligible for financial assistance under a disaster designation by the U.S. Small Business Administration (SBA). This declaration is in response to a formal request Gov. Holcomb submitted with the SBA on Tuesday, seeking assistance through the organization’s Economic Injury Disaster Loan program for small businesses impacted by the COVID-19 outbreak in Indiana.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://calendar.in.gov/site/gov/event/gov-holcomb-announces-small-business-assistance-in-response-to-covid-19/|
|Indiana Small Business Development Center||SBA Consulting and Training related to COVID 19||Free business advising and application assistance for small businesses impacted by the COVID-19 outbreak.|
Gener8tor is hosting emergency one-week virtual programs for small businesses affected by the COVID-19 outbreak. These programs will feature daily webinars designed to identify, understand and help small businesses secure resources to withstand the current crisis. One-on-one office hours will also be available. Register here.
|Register here for the gener8tor virtual programs: https://www.gener8tor.com/emergency-response-program||https://calendar.in.gov/site/gov/event/gov-holcomb-announces-small-business-assistance-in-response-to-covid-19/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Iowa||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://disasterloan.sba.gov/ela/|
|State of Iowa||Iowa Small Business Relief Fund||On Monday, March 23, Governor Reynolds announced a new Iowa Small Business Relief Program that will provide financial assistance to small businesses and tax deferrals to any Iowa businesses that have been economically impacted by the COVID-19 pandemic. Application deadline is Tuesday, March 31, at 12 p.m.||N/A||https://www.iowaeconomicdevelopment.com/our-agency-detail-resources/6710|
|Iowa Small Business Development Centers||Small Business Development Counseling||Counselors are available to help you navigate through the COVID-19 crisis. Learn more here: http://iowasbdc.org/covid-19/||N/A||http://iowasbdc.org/covid-19/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Kansas||Governor Laura Kelly announced today that the U.S. Small Business Administration approved her request to make loans of up to $2 million available to small businesses disrupted by coronavirus. The disaster declaration extends to all 105 Kansas counties, making low-interest federal disaster loans for working capital available for Kansas small businesses suffering substantial economic injury.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.kansascommerce.gov/2020/03/kansas-small-businesses-eligible-for-disaster-loans-from-the-small-business-administration/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Kentucky||The SBA has updated the Disaster Declaration website to include all counties in Kentucky. Business owners can now begin the online application for the Economic Injury Disaster Loan from the SBA website. Click Here to begin the online application for an SBA Economic Injury Disaster Loan. The U.S. Small Business Administration (SBA) has designated COVID-19 as a qualifying event for the provision of Economic Injury Disaster Loans (EIDL) for businesses and private non-profits in declared zones (every county in Kentucky).||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.ksbdc.org/coronavirus|
|Kentucky SBDC||Business Coaching||For your convenience and to comply with social distancing guidelines, our business coaches are available to meet via Zoom web conference, email, or a simple phone call to help you develop a plan of action for your business.||N/A||https://www.ksbdc.org/coronavirus|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Louisiana||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://neworleanscitybusiness.com/blog/2020/03/19/sba-louisiana-businesses-will-be-eligible-for-covid-19-disaster-loans/|
New Orleans Business Alliance
|Gig Economy Relief Fund||NOLABA is committing $100,000 to initiate the fund, with a goal of increasing the fund assets to a minimum of $500,000. We have issued a charge across the community to encourage business leaders, philanthropy, and concerned New Orleanians to contribute to increase the potential reach and impact of this relief effort.||Click here for eligibility requirements and an application: https://www.nolaba.org/relief-fund/||https://www.nolaba.org/relief-fund/|
|Greater New Orleans Foundation||Disaster Response and Restoration Fund||Due to the impact of the new coronavirus (COVID-19) Pandemic, the Greater New Orleans Foundation has activated its Disaster Response and Restoration Fund to provide assistance to those who are most in need.||N/A||https://www.gnof.org/|
|Louisiana Economic Development||Help Desk for Louisiana Businesses||Gov. John Bel Edwards and Secretary Don Pierson of Louisiana Economic Development announced the opening of an LED help desk that provides email and hotline support for Louisiana businesses impacted by COVID-19. For COVID-19 business questions, LED may be reached at LEDbiz@la.gov or via the toll-free hotline, (833) 457-0531. The COVID-19 hotline is staffed from 8 a.m. to 8 p.m. Monday through Friday. Be aware that high call volumes might result in delays. Callers are encouraged to keep trying, leave a voice mail or contact LED via email.||N/A||https://gov.louisiana.gov/index.cfm/newsroom/detail/2437|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Maine||The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Maine is now eligible for the Economic Injury Disaster Loans program, which can provide up to $2 million to small businesses.||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|The Finance Authority of Maine (FAME) & SBA||Special Loans and Loan Insurance||The Finance Authority of Maine (FAME) is partnering with the U.S.|
Small Business Administration (SBA) and local Maine lenders to offer special, limited time loans and loan insurance to eligible Maine businesses affected by COVID-19.
FAME and participating lenders will make special terms available to Maine-based businesses that have experienced interruption or hardship due to COVID-19. Various benefits include: loans up to $50,000 offered at reduced interest rates; interest-only payments; up to 75% pro-rata loan insurance on loans up to $100,000; interim financing in conjunction with the SBA wherein FAME makes loan proceeds available while approved SBA borrowers await federal funding.
|Office of the Governor, Maine||Support for Small Businesses||The Governor encourages Maine people to safely support local businesses through efforts like PayitForwardMaine while being mindful of crucial physical distancing guidelines and using online transactions or pickup and delivery services.||N/A||http://payitforwardmaine.com/|
|Office of the Governor||Health Insurance||"Governor Janet Mills announced that she has signed The Made for Maine Health Coverage Act to improve private health insurance for Maine people and small businesses. The law – sponsored by House Speaker Sara Gideon and Senate President Troy Jackson on the Governor’s behalf and passed unanimously by the Legislature – makes some of the most common medical visits free or less costly, simplifies shopping for a plan, leverages federal funds to help make premiums more affordable for small businesses, and puts Maine in the driver’s seat to ensure that all Maine people have clear choices for their coverage.|
The law takes effect 90 days after the Legislature’s adjournment on June 16, 2020."
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Maryland||Currently, businesses in Montgomery County and Prince George's County are eligible to apply for assistance as part of the Capital Region - visit SBA's website to apply now. Once the state of Maryland receives official designation, individual businesses can then apply directly to the SBA for loans. We will update this section as we receive more information.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://businessexpress.maryland.gov/coronavirus|
|Department of Labor||COVID-19 Layoff Aversion Fund||Governor Larry Hogan and the Maryland Department of Labor have launched the new COVID-19 Layoff Aversion Fund, which is designed to support businesses undergoing economic stresses due to the pandemic by preventing or minimizing the duration of unemployment resulting from layoffs. The award (up to $50,000 per applicant), will be a quick deployable benefit and customizable to the specific needs of your business to minimize the need for layoffs.||As of 3/31, applications are no longer being accepted: https://www.dllr.state.md.us/employment/covidlafund.shtml||http://www.labor.maryland.gov/employment/covidlafund.shtml|
|Department of Commerce||State Funding||Governor Larry Hogan announced that Maryland has allocated more than $175 million to assist small businesses and nonprofit organizations impacted by the Coronavirus outbreak. Up to $130 million in new funding, through the Maryland Department of Commerce, will help support new loan and grant programs as well as manufacturers, and $7 million in funding through the Maryland Department of Labor is designed to help small businesses retain their workforce.||Click here for programs and application info: https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-fund-programs||https://commerce.maryland.gov/media/governor-hogan-announces-more-than-$175-million-for-businesses-impacted-by-coronavirus|
|Massachusetts Baker-Polito Administration||Small Business Recovery Loan Fund||Announced economic support for small businesses with a $10 million loan fund to provide financial relief to those that have been affected by COVID-19.||To be eligible, businesses (includes nonprofits) must be Massachusetts-based, impacted by COVID-19, and have under 50 full- and part-time employees. Businesses must have been profitable as of 3/10/20, with no adverse personal credit reports 60 days past due for the past 6 months. Loans are immediately available with no payments due for 6 months. |
Application info here: https://www.empoweringsmallbusiness.org/what-we-offer/emergency-loan-funds/covid-19-loan-fund
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Massachusetts||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Michigan||The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Governor Whitmer announces SBA loans now available for small businesses impacted by COVID-19||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.michigan.gov/whitmer/0,9309,7-387-90499_90640-522317--,00.html|
|Michigan Economic Development Corporation||Michigan Small Business Relief Program Funding||Application Process Now Live for Michigan Small Business Relief Program Funding. Michigan’s small businesses impacted by the COVID-19 virus can now apply for grants and loans through the Michigan Small Business Relief Program, the Michigan Economic Development Corporation announced today. The program will provide up to $20 million in grants and loans to provide economic assistance to Michigan’s small businesses that have been negatively impacted by the COVID-19 virus, and in turn help support workers and their families facing economic uncertainty during the outbreak. Information on how to apply, as well as eligibility criteria, is available at www.michiganbusiness.org/covid19.||N/A||https://www.michigan.gov/coronavirus/0,9753,7-406-98158-523333--,00.html|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Minnesota||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://disasterloan.sba.gov/ela/|
|Department of Employment & Economic Development||Small Business Loan Guarantee Program||The Minnesota Department of Employment and Economic Development (DEED) is announcing the Minnesota Small Business Loan Guarantee Program, which was approved by the Minnesota Legislature last week. This temporary program, established in response to impacts of COVID-19, provides another option for financing to help small businesses weather this difficult time. DEED estimates that this $10 million will guarantee $20 million to $25 million in loans for Minnesota small businesses.||Click here for lender contact information (will be added to this page as it becomes available): https://mn.gov/deed/business/financing-business/deed-programs/loan-guarantee/#2||https://mn.gov/deed/newscenter/press-releases/#/detail/appId/1/id/425536|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Mississippi||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Missouri||The U.S. Small Business Administration approved Missouri’s request for assistance through the federal agency’s disaster loan program. This move makes low interest disaster loans available to small businesses and private non-profits severely impacted by the Coronavirus (COVID-19).||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://ded.mo.gov/content/sba-approves-disaster-declaration-missouri|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Montana||The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Montana businesses are now eligible to apply for up to $2 million in 30-year loans with an interest rate of 3.75 percent.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://commerce.mt.gov/News/PressReleases/governor-bullock-announces-emergency-loans-now-available-for-small-businesses-in-montana|
|City of Omaha||Omaha COVID-19 Response Fund||Fund to provide flexible resources to organizations in the metro area working with communities who are disproportionately impacted by coronavirus and the economic consequences of this outbreak||If immediate assistance is needed, contact the United Way: https://www.unitedwaymidlands.org/2-1-1/||https://omahafoundation.org/community/covid-19-response-fund/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Nebraska||Governor Pete Ricketts welcomed news that the Small Business Administration (SBA) has issued a statewide economic injury declaration for Nebraska. The declaration qualifies small businesses throughout the state to apply for SBA disaster assistance loans.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://governor.nebraska.gov/press/gov-ricketts-announces-eligibility-nebraska-businesses-apply-sba-disaster-loans|
|State of Nebraska||Resources for Bars & Restaurants||Governor Pete Ricketts issued an executive order to provide relief to restaurants and bars as they continue to serve Nebraskans during the coronavirus 2019 disease (COVID-19) pandemic. The Governor’s executive order will permit restaurants and bars statewide greater flexibility to serve Nebraskans during the current public health emergency. The changes generally make it easier for establishments to sell alcohol via take-out, delivery, or drive-thru/curbside, expanding the period for temoporary licenses, waviing excise tax penalties, and more time to pay for wine and spirit deliveries.||N/A||https://governor.nebraska.gov/press/gov-ricketts-issues-executive-order-provide-relief-restaurants-and-bars-during-covid-19?fbclid=IwAR3oCygesCqTO_qtDuA2mnE_OTRK3glyk0I3MX3S8HdNInHknt2w_Tk1fo0|
|Nebraska Department of Economic Development||CDBG Resources to Assist Businesses Impacted by COVID-19||The Nebraska Department of Economic Development (DED) has allocated Community Development Block Grant (CDBG) funds to assist qualified businesses that have been impacted by the COVID-19 outbreak. The guide outlines eligible activities for providing loans or grants to private, for-profit entities to support a range of eligible activities that prevent and respond to the spread of infectious diseases such as the coronavirus disease 2019 (COVID-19). Activities include:|
- Supporting new businesses or business expansion to create jobs and manufacture medical supplies necessary to respond to infectious disease.
- Avoid job loss caused by business closures related to social distancing by providing short-term working capital assistance to small businesses, to enable retention of jobs held by low- and moderate-income (LMI) persons.
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Nevada||Small businesses, private non-profit organizations, small agricultural cooperatives, and small aquaculture enterprises that have been financially impacted may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.fox5vegas.com/coronavirus/nevada-is-one-of-first-states-to-receive-approval-for/article_058ca712-6964-11ea-a0e2-db985b5d6135.html|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - New Hampshire||Governor Chris Sununu announced that the U.S. Small Business Administration (SBA) approved New Hampshire’s application for SBA Economic Injury Disaster Loans, which will help small businesses overcome loss of revenue due to the COVID-19 outbreak. According to the SBA, the loans offer up to $2 million in assistance for small businesses and may be used to pay fixed debts, payroll, accounts payable and other bills that can't be paid because of the disaster's impact.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.governor.nh.gov/news-media/press-2020/20200318-covid-10-sba-declaration.htm|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - New Jersey||New Jersey’s approval means businesses can apply for federal disaster loans of up to $2 million, with interest rates capped at 3.5 percent, for the inevitable economic injury they will suffer as a result of the COVID-19 outbreak.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://njbiz.com/trump-admin-approves-njs-bid-small-business-disaster-loans/|
|Economic Development Agency||Emergency Business Grants||The New Jersey Economic Development Authority (NJEDA) Board today approved a suite of new programs designed to support businesses and workers facing economic hardship due to the outbreak of the novel coronavirus COVID-19.|
The package of initiatives includes a grant program for small businesses, a zero-interest loan program for mid-size companies, support for private-sector lenders and Community Development Financial Institutions (CDFIs), funding for entrepreneurs, and a variety of resources providing technical support and marketplace information. Taken together, they will provide more than $75 million of State and private financial support, with the opportunity to grow to more than $100 million if additional philanthropic, State, and federal resources become available. The initiatives will support between 3,000 and 5,000 small and midsize enterprises and are meant to complement recently announced federal economic recovery initiatives.
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - New Mexico||In New Mexico, "the SBA is offering low-interest federal disaster loans up to $2M for working capital to small businesses and non-profit organizations suffering substantial economic injury as a result of COVID-19."||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.governor.state.nm.us/2020/03/17/state-secures-sba-disaster-loan-assistance-for-businesses-affected-by-covid-19/|
|New Mexico Economic Development Department||COVID-19 Business Loan Guarantee Program||The New Mexico Economic Development Department (NMEDD) has created a program to assist businesses seeking emergency loans or lines of credit to deal with negative economic impacts from COVID-19. 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 (and not limited to) the following: working capital, inventory and payroll.||N/A||https://www.newmexico.gov/2020/03/13/new-mexico-offers-new-loan-program-priority-assistance-to-virus-impacted-businesses/|
|State Investment Council||New Mexico Recovery Fund||The New Mexico State Investment Council voted unanimously Tuesday to immediately pump up to $100 million from one of the state’s large permanent funds into a newly formed New Mexico Recovery Fund, which will provide discounted, short-term loans to businesses struggling to stay afloat during the coronavirus crisis.||N/A||https://www.abqjournal.com/1436013/sic-approves-creation-of-100-million-nm-recovery-fund.html|
|New Mexico Coalition of Community Foundations||Relief Fund||Gov. Michelle Lujan Grisham announced a new fund established by the New Mexico Coalition of Community Foundations to help New Mexico respond to and eventually recover from the COVID-19 pandemic. The All Together NM Fund will provide a phased response to the pandemic. First, it will address immediate needs in New Mexico communities, including:|
- Procurement of food and medical and cleaning supplies for at-risk communities
- Support for childcare workers who are supporting our front-line employees
- Grants to address income insecurity among smaller businesses and employees affected by COVID-19 disruptions
|New York City||Business Solutions Center||"Mayor Bill de Blasio announced on March 8 that the City will provide relief for small businesses across the City seeing a reduction in revenue because of COVID-19. Businesses with fewer than 100 employees who have seen sales decreases of 25% or more will be eligible for zero interest loans of up to $75,000 to help mitigate losses in profit.|
The City is also offering small businesses with fewer than 5 employees a grant to cover 40% of payroll costs for two months to help retain employees. Eligible owners who would like to learn more about these programs should fill out our interest form."
|Click here to fill out loan assistance interest form: https://www.surveymonkey.com/r/N336ZYB|
Click here for information about the employee retention grant (including eligibility requirements), and to apply: https://www1.nyc.gov/nycbusiness/article/nyc-employee-retention-grant-program
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - New York||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://disasterloan.sba.gov/ela/|
|State of New York||Insurance Premium Relief||For a 90-day period, New Yorkers experiencing financial hardship due to COVID-19 may defer paying life insurance premiums. Late payments will be payable over a one-year period. Additionally, consumers and small businesses experiencing Coronavirus-related financial hardship may defer paying premiums for property and casualty insurance for a 60-day period. This includes auto, homeowners, renters and other kinds of insurance. (No late fees will be assessed and there will be no negative impact to your credit.)||N/A||https://www.governor.ny.gov/news/amid-ongoing-covid-19-pandemic-governor-cuomo-announces-completion-first-1000-bed-temporary|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - North Carolina||The U.S. Small Business Administration granted Governor Roy Cooper’s request for a disaster declaration for small businesses that are suffering economic losses due to the new Coronavirus, COVID-19.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.ncdhhs.gov/news/press-releases/us-small-business-administration-grants-governor-cooper%E2%80%99s-request-disaster|
|North Dakota Department of Commerce - Economic Development and FInance||Development loan relief and additional resources for small businesses||The North Dakota Development Board voted March 19, 2020, to suspend all payments, both principal and interest for all outstanding NDDF loans for 30 days, effective today.|
Additioanly, the new deadline is July 31 for both the Main Street Initiative Partners in Planning and the Main Street Vibrancy Grants. More information is available at nd.gov/living-nd/main-street-nd.
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - North Dakota||The North Dakota Department of Commerce today announced that the Small Business Administration (SBA) has declared an economic disaster in North Dakota in response to the recent novel coronavirus (COVID-19) health crisis. |
The declaration makes available Economic Injury Disaster Loans (EIDL) for businesses suffering substantial economic injury due to the COVID-19 pandemic.
|Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.nd.gov/news/small-business-administration-declares-economic-disaster-funds-north-dakota|
|North Dakota Development Fund Loans Primary Sector Businesses||Loans||Loans and equity investments are available to companies certified as primary sector under the North Dakota Development Fund, Revolving Rural Loan Fund and the Venture Capital Program:|
- Up to $1 million
- Lower than market interest rate
- Can be in the form of a loan or equity investment
- Funding can be used for working capital, equipment or real estate
|Rural Growth Incentive Program Emergency Loans||Loans||Under this program, the Department may declare an emergency and make loans to “Essential Service Companies.” These include gas stations; pharmacies; grocers and, in some cases, restaurants. |
Communities with less than 2,500 in population are eligible
The request to North Dakota Development Fund is a dollar-for-dollar match by the city
A community can apply for $25,000 to $75,000 in matching funding
Loan terms are based on individual needs
|Childcare Loan Program||Loans||Loans to certified daycares to ensure continuity. |
Up to $100,000
2.5% interest rate
|Department of Human Services North Dakota||Childcare emergency operating grant||North Dakota launched a Childcare Emergency Operating Grant for providers who prioritize the children of health/safety/lifeline worker households.||N/A||http://www.nd.gov/dhs/info/covid-19/docs/child-care-op-grant-overview.pdf|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Ohio||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|Ohio Bureau of Workers' Compensation||Workers' compenation payment deferral||Ohio Bureau of Workers’ Compensation will allow businesses to defer payments until at least June 1. This is for public and private employers.|
BWC will not lapse (cancel) coverage or assess penalties for amounts not paid because of the coronavirus (COVID-19) pandemic.
|Ohio Department of Insurance||Expanded coverage for employer-provided health care eligibility||Insurers must permit employers to continue covering employees under group policies even if they would otherwise become ineligible due to reduced hours, regardless of any actively at work or similar policy requirements. Insurers are prohibited from increasing premium rates due to decreased enrollment/participation as a result of COVID-19. All insurers must give the option to defer premium payments, interest free, for up to 60 calendar days from its original due date. For ERs with 20+ EEs, as long as one person remains actively employed, eligible EEs may elect to continue COBRA coverage. EEs who lose coverage are eligible for special enrollment period to enroll in new coverage, and premium subsidies may be available.||N/A||https://iop-odi-content.s3.amazonaws.com/static/Legal/Bulletins/Documents/2020-03.pdf|
|Governor's Office||Support Local Initiative||Governor DeWine announced that Ohio is launching a website to encourage Ohioans to continue to support local retailers and restaurants by shopping online, choosing local, ordering carryout from restaurants, and taking virtual tours of well-known attractions around the state.|
There are currently more than 250 local restaurants, shops, and virtual activities being featured online. To find a local shop or restaurant to support, or to have your business featured, go to Ohio.org/SupportLocalOhio.
|State Agencies||Licensing Extensions||Extends the validity of licenses issued by state agencies and political subdivisions, provides a 90-day window for license renewal, and provides that disciplinary action can still be taken against the licensee for reasons other than the deadline extension.||https://www.beneschlaw.com/resources/summary-of-amended-substitute-house-bill-197.html|
|City of Lakewood||Lakewood OH Economic Developemnt Fund||The city of Lakewood has announced the creation of a small business rent relief fund to "support the vibrancy of Lakewood’s commercial corridors” during the crisis.|
“In addition to the federal and state programs available to support small businesses, this program aligns with the City’s Community Vision in its goal to strengthen economic development efforts to increase commercial occupancy,” said a statement announcing the fund.
Supported by the City’s Economic Development Fund and federal Community Development Block Grant (CDBG) funds, businesses can apply for grants of up to $3,000 to cover rent payments for one month.
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Oklahoma||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|Commerce Department||COVID-19 resources for businesses||Sources of information and funding for Oklahoma employers||Register here for teleconferences about loan application help: https://www.okcommerce.gov/oklahoma-small-business-teleconference-sba-economic-injury-disaster-loan-application-and-program/||https://www.okcommerce.gov/covid19/|
|Executive Order||Oklahoma Occupational Licensing||OK is extending all occupational licenses issued by any agency, board or commission that would expire during this emergency until 14 days after the emergency ends.||N/A||https://www.sos.ok.gov/documents/executive/1914.pdf|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Oregon||The U.S. Small Business Administration has approved Oregon's governor's request for a disaster declaration, unlocking low-interest disaster loans for small businesses in those states. Congress recently approved up to $7 billion in SBA disaster loans for businesses impacted by COVID-19.||Apply for assistance here: https://disasterloan.sba.gov/ela/|
|Business Oregon||Economic planning resources and a long list of potential funding sources available to Oregon small businesses.||N/A||http://www.oregon4biz.com/Coronavirus-Information/|
|Beaverton, OR||Emergency Relief Fund for Small Businesses||Emergency assistance for Beaverton businesses directly impacted by a government-ordered, mandatory changes in service guidelines to assist with rental or mortgage payment during the COVID-19 pandemic.||N/A||https://www.beavertonoregon.gov/EmergencyBizAssistance|
|Portland, OR||Jade District-Old Town COVID-19 Small Business Response Fund||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/jade-district-covid-19-small-business-response-fund/||https://www.apano.org/jade-district-covid-19-small-business-response-fund/|
|Portland, OR||Prosper Portland||Prosper Portland is prepared to offer a three-month deferral of loan payments to its existing borrowers who request it and whose business have experienced a decline in revenue of 10% or more. Prosper is prioritizing public-facing businesses with annual revenues under $1 million. Contact Prosper about your existing loan by emailing email@example.com. Prosper is also offering rent relief to its commercial tenants. For businesses that have experienced a decline in revenue of 10% or more, Prosper is prepared to provide a three-month deferral of rent payments for April, May and June 2020.||https://prosperportland.us/covid-19-business-resources/||https://prosperportland.us/covid-19-business-resources/|
|Hillsboro, OR||Emergency business support grants and emergency loans for entrepreneurs and SMBs||Starting Monday, March 23, Hillsboro business owners who have been financially impacted by the COVID-19 health and economic crisis will be able to apply for assistance from the City of Hillsboro using the city’s website. The new resources include:|
$500,000 in Emergency Business Support Grants — The city will provide grants of up to $5,000 to small businesses and entrepreneurs affected by the coronavirus and containment measures. To qualify, businesses must have a facility located in Hillsboro and a current Hillsboro business license. Priority will be given to businesses with 10 employees or fewer; businesses that are a food and drink establishment, education or daycare facility, or businesses that rely on larger gatherings of people; and businesses that are open and operational, or are closed due to forced closure.
$500,000 in Emergency Loans for Small- and Medium-Sized Businesses — The city is working to set up a low-interest loan program for small- and medium-sized businesses in need of financial support because of COVID-19 containment efforts and government directives for closure or operational curtailment. Details are still being finalized.
|City of Philadelphia and PIDC||Resources for Small Business Owners||We recognize the impact these restrictions will have on businesses. The following organizations are providing assistance: |
PECO is suspending fees for delays in bills and service shut offs for the next three months.
Philadelphia Gas Works and Philadelphia Water Department will also suspend service shut offs.
KIVA has increased size of no interest loans available.
Impact Loan Fund is preparing to offer a payment moratorium to businesses in need.
Philly VIP will continue to remotely match businesses with Pro Bono legal services.
The Business Center is offering its courses online, and encourages businesses in need of assistance in moving services online to contact them.
The Small Business Administration’s (SBA) Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue. What to expect next
The City and the Philadelphia Industrial Development Corporation (PIDC) are developing a program to support small businesses in Philadelphia. It will include help with maintaining payroll obligations and preserving jobs impacted by the spread of COVID-19.
The program will include a mix of new grants and zero-interest loans for businesses that make under $5 million in annual revenue. PIDC will continue to offer its existing lending programs for small and midsize businesses on flexible terms to provide working capital, fund contract receivables, refinance high-interest debt, and meet other needs.
|EntrepreneurWorks: Pre-application form here: http://www.myentrepreneurworks.org/for-entrepreneurs/|
Enterprise Center Loan Inquiry Form: https://www.cognitoforms.com/TheEnterpriseCenter/LoanInquiryFormCOVID19
WPFSI loan prequalification form: https://cloud.bmisw.com/WPFSI/LoanApp/
Neighborhood Progress Fund application form: https://npfp.org/apply-now/
COVID-19 Working Capital Access (CWCA) Program administered by the Pennsylvania Industrial Development Authority (PIDA): All applications must be submitted through a Certified Economic Development Organization (CEDO). More info here: https://www.pidcphila.com/covid-19/covid-19-working-capital-access-program
The Finanta Emergency Loan is available for entrepreneurs affected by COVID-19 and other emergencies. Loans range from $5,000-$15,000 without closing fees. Contact Finanta for more information and to apply: 267-236-7030 (English) or 267-236-7019 (Español)
Women's Opportunities Resource Center loans: Click here to apply: https://apply4businessloan.com/#/WORC
|Pennsylvania Department of Community and Economic Development||Resources for small business loans||Staff at the Pennsylvania Department of Community and Economic Development (DCED), as well as local partner networks, are available to help businesses through this challenging time.||N/A||https://dced.pa.gov/resources/|
|Pennsylvania Industrial Development Authority (PIDA)||Small Business First Fund||The Pennsylvania Industrial Development Authority (PIDA) will administer the Small Business First Fund with $61 million available initially for business assistance, according to a news release from state Sen. Lisa Boscola.|
Funds through this emergency response fund will be used for working capital loans of up to $100,000 directly to small businesses and hopefully nonprofits (those that employ 100 or fewer persons), Boscola said. The interest rate is currently 3%, however the PIDA board can adjust the interest rates to as low as 0%.
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Pennsylvania||Disaster declarations by the U.S. Small Business Administration (SBA) have made low-interest loans available to eligible small businesses and nonprofits struggling in the face of the coronavirus.|
Pennsylvania Gov. Tom Wolf announced Thursday the assistance is available across all 67 counties
|Apply for assistance here: https://disasterloan.sba.gov/ela/|
|Department of Labor and Industry||Unemployment Compensation Charge Waiver||Employers can request disaster-related relief from charges. If an individual’s unemployment is directly caused by a major natural disaster declared by the President pursuant to section 102(1) of the Disaster Relief Act of 1970 (P.L. 91-606) and such individual would have been eligible for disaster unemployment assistance as provided in section 240 of that act with respect to such unemployment but for the receipt of unemployment compensation, the employer may request relief from charges and may receive such relief to a maximum of the eight weeks immediately following the President’s declaration of emergency.||N/A||https://www.pachamber.org/assets/pdf/coronavirus/COVID-19_FAQ_sheet.pdf?215c8f78616b74424ee2a19e15bb4b4f|
|Pittsburgh Urban Redevelopment Authority||COVID-19 Small Business Assistance Loan Program||Eligibility for this loan program is limited to existing businesses within the City of Pittsburgh that have been affected by the COVID-19 outbreak. Eligible use of funds include: rent, insurance, payroll, and other fixed assets.|
Loans of up to $15,000 can be requested.
|Apply here: https://docs.google.com/forms/d/e/1FAIpQLSfvuyIyPG6X37itDlBgyyVVv6WtLCjvpYfEArjxN9syNz19CA/viewform|
|Pittsburgh||Pittsburgh Downtown Partnership||Assorted resources (public and private) for small businesses and individuals in downtown Pittsburgh., including microloans through Kiva Pittsburgh and matching small business relief grants from GoFundMe.||Urban Redevelopment Authority COVID-19 Small Business Assistance Loan Program: Eligibility for this loan program is limited to existing businesses within the City of Pittsburgh that have been affected by the COVID-19 outbreak. Eligible use of funds include: rent, insurance, payroll, and other fixed assets. Loans of up to $15,000 can be requested. Click here to apply (program is now operating on a waitlist): https://docs.google.com/forms/d/e/1FAIpQLSfvuyIyPG6X37itDlBgyyVVv6WtLCjvpYfEArjxN9syNz19CA/viewform||https://downtownpittsburgh.com/support-programs-during-the-coronavirus-outbreak/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Rhode Island||The U.S. Small Business Administration announced it is offering low-interest federal disaster loans for working capital to Rhode Island small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://commerceri.com/covid-19/|
|Lt. Governor Daniel McKee||Gift it Forward and Buy RI Program||Gift it Forward is an online resource developed by small business owners for small business owners. The program is aimed at helping Rhode Island small businesses make it through the COVID-19 pandemic by making easier for Rhode Islanders to support them. ||No application necessary; gift cards can be purchased here: https://rismallbusiness.org/||https://rismallbusiness.org/|
|Pawtucket, RI||Small business loan resources||Pawtucket, RI has emergency loan resources for local small businesses.||N/A||http://www.pawtucketri.com/business-pawtucket|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - South Carolina||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://disasterloan.sba.gov/ela/|
|Department of Employment & Workforce||Unemployment Compensation Liability||South Carolina law allows for the removal of charges from contributory employers when unemployment benefits are paid as a result of a natural disaster, either declared by the President of the United States or the declaration of emergency by the Governor.||https://dew.sc.gov/docs/default-source/covid-19/coronavirus-and-unemployement-benefits.pdf?sfvrsn=9e21cba5_4|
|Columbia, SC||Forgivable small business loans||Columbia Mayor Steve Benjamin on March 23 outlined a $6 million COVID-19 emergency economic stimulus package. It includes $500,000 for zero-interest forgivable loans for small businesses with fewer than 100 employees and allows bars and restaurants to delay and avoid penalties for hospitality tax payments through June.||N/A||https://mailchi.mp/2d58f6e485e0/city-council-covid-19-precautionary-measures-4992392?e=00879a07c6|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - South Dakota||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://news.sd.gov/newsitem.aspx?id=26516|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Tennessee||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.sba.gov/offices/district/tn/nashville|
|Department of Human Services||Childcare Center Relief Fund||Licensed day cares impacted by the coronavirus outbreak can now file an application for grant money through the Tennessee Department of Human Services. Last week, Governor Bill Lee announced the state would make $10 million available for child care agencies negatively impacted by recent closures. “The COVID-19 emergency and recent tornado disaster have combined to create substantial challenges for our child care partners,” said TDHS Commissioner Danielle W. Barnes. “These grants will provide the assistance agencies need to sustain critical staff and operations resources as they respond to and recover from these events. Parents, businesses, and children all depend on quality early childhood education that’s safe and healthy.”||N/A||https://www.tn.gov/content/dam/tn/human-services/documents/Guidance-FAQs-3.17.20.pdf (https://www.childcaretennessee.com/utility-pages/log-in/?redirectUrl=/other-resources/new-noteworthy/)|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Texas||Governor Greg Abbott today announced that the U.S. Small Business Administration (SBA) has included the entire state of Texas in its Economic Injury Disaster Declaration and granted access to its Economic Injury Disaster Loan (EIDL) program, which will provide long-term, low-interest loans to qualifying businesses across the state.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://gov.texas.gov/news/post/governor-abbott-announces-approval-of-emergency-designation-for-small-business-disaster-loans-from-u.s-small-business-administration|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Utah||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://disasterloan.sba.gov/ela/|
|State of Utah||Liquor Buyback||Facilitate returns of product to the Department of Alcoholic Beverage Control by licensees impacted by recent health orders.||N/A||https://governor.utah.gov/2020/03/19/governor-issues-executive-orders-to-help-government-function-optimally-amid-adjustments-to-slow-spread-of-covid-19/|
|Sale Lake City||Emergency Loan Program for Small Businesses||Up to $20,000 per loan 0% fixed interest rate for 5 years.||N/A||https://coronavirus.utah.gov/business/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Vermont||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://disasterloan.sba.gov/ela/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Virginia||Virginia has officially received an Economic Injury Disaster Loan declaration from the U.S. Small Business Administration (SBA). Small businesses and non-profits located throughout the state can now apply for a loan of up to $2 million from the SBA to pay fixed debts, payroll, accounts payable, and other expenses.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://www.virginia.gov/coronavirus-updates/|
|State Department of Revenue (DOR)||COVID-19 resource list for impacted Washington businesses and workers||The Washington State Department of Revenue (DOR) can work with impacted companies that request an extension on tax filing. The law grants the Department authority to extend the due date for excise tax returns. DOR may also waive penalties under limited circumstances if a business is late in paying its tax obligation. The law also grants the Department authority to provide a one-time, 24 month, late payment penalty waiver if the business has not owed a late payment penalty during the previous 24 months. DOR may also work with businesses that cannot file or pay their taxes on time if they are impacted by a declared state of emergency. When a state of emergency or disaster has been officially declared, affected businesses that owe Washington taxes may qualify for:|
- A filing extension for excise tax returns (without the limitations described above); and/or
- A late payment penalty waiver request (without the limitations described above)
|Contact DOR at (360) 705-6705 for a tax filing extension, or to waive late filing penalties.||https://www.governor.wa.gov/issues/issues/covid-19-resources/covid-19-resources-businesses-and-workers|
|Seattle||Creation of Small Business Fund||Seattle Mayor Jenny A. Durkan announced a $2.5 million City of Seattle fund to invest directly in small businesses financially impacted by COVID-19. The fund is an expansion of the Office of Economic Development’s (OED) Small Business Stabilization Fund, which the Mayor created to support small businesses whose operations were jeopardized by a destabilizing event. Eligible small businesses will receive a grant of up to $10,000 to mitigate revenue lost by COVID-19. Mayor Durkan formally signed an Executive Order to provide immediate relief for small businesses impacted by COVID-19. Actions include the ability to defer B&O taxes and utility payments, direct technical assistance with SBA loans, and the creation of the Small Business Recovery Task Force to advise on long-term policy recommendations.(3/12)||Small businesses must have five employees or less, the owner must be at or below 80 percent of the Area Median Income, the business must have a physical establishment, and the business must be financially impacted by COVID-19. Click here to apply: http://www.seattle.gov/office-of-economic-development/small-business/small-business-programs-/stabilization-fund-||https://durkan.seattle.gov/2020/03/mayor-durkan-announces-1-5-million-fund-to-invest-directly-in-small-businesses-impacted-by-covid-19/|
|Seattle||Executive Order providing SMB relief||The City of Seattle has also expanded its Small Business Stabilization Fund to help supplement the SBA loan program. Eligible small businesses will receive a grant of up to $10,000 to mitigate revenue lost by COVID-19. Additionally:|
- Small businesses with less than $5 million in receipts can defer tax payments until October 2020
- The Small Business Recovery Task Force has been created (3/12)
|See above for application info.||https://durkan.seattle.gov/wp-content/uploads/sites/9/2020/03/Executive-Order-2020-03-COVID-19-Small-Business-Relief.pdf|
|Seattle||Arts Recovery Package||The City will invest $100,000 to provide immediate relief for artists and creative workers impacted by the COVID-19 pandemic. It will include rapid response grants supporting critical needs of artists whose livelihoods have been impacted by the pandemic.||N/A||https://durkan.seattle.gov/2020/03/mayor-durkan-announces-initial-1-1-million-arts-recovery-package-to-support-creative-workers-and-arts-and-cultural-organizations-impacted-by-covid-19/|
|Seattle||SMB Rent Relief||City to provide $400,000 in Rent Relief to an arts and cultural nonprofits, small businesses, and artist studios that rent city-owned property (forgiven for non-profits and artist studios, deferred for SMBs).||N/A||https://durkan.seattle.gov/2020/03/city-of-seattle-to-provide-immediate-rent-relief-for-nonprofit-and-small-business-tenants/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Washington||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://disasterloan.sba.gov/ela/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - West Virginia||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://disasterloan.sba.gov/ela/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Wisconsin||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://disasterloan.sba.gov/ela/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Wyoming||Governor Mark Gordon announced that Wyoming small businesses are now eligible to apply for up to $2 million per company in federal economic disaster loans through the U.S. Small Business Administration (SBA).||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://governor.wyo.gov/media/news-releases/2020-news-releases/governor-announces-that-wyoming-businesses-can-start-applying-for-federal-d|
|Council of D.C.||Unemployment benefits, public benefits, eviction relief, SMB grants||The bill passed at the most recent meeting has, among its primary measures, the following: extends unemployment compensation to those unemployed due to COVID, prohibits evictions of residential and commercial tenants as well as late fees, prohibits utility shut-offs for non-payment, extends public benefit programs such as the Healthcare Alliance, TANF, and SNAP, creates a small business grant program to assist nonprofit organizations and small contractors who do not qualify for unemployment insurance||N/A||https://dccouncil.us/council-unanimously-passes-emergency-covid-19-response-bill/|
|U.S. Small Business Administration (SBA)||SBA Disaster Assistance - Washington D.C.||Apply for assistance here: https://disasterloan.sba.gov/ela/||https://disasterloan.sba.gov/ela/|
|Office of the Deputy Mayor for Planning and Economic Development||COVID-19 Recovery Effort and the DC Small Business Recovery Microgrant Program||Mayor Bowser is investing $25 million in the COVID-19 Recovery Effort and the DC Small Business Recovery Microgrant Program, which will be housed in the Office of the Deputy Mayor for Planning and Economic Development. Pursuant to the “COVID-19 Response Emergency Amendment Act of 2020” effective March 17, 2020 (D.C. Act 23-247), the DC Small Business Recovery Microgrant Program will offer grants to small, local businesses, individual contractors, self-employed individuals, and nonprofits to meet their short-term financial needs. The grant can cover employee wages and benefits (including fringe benefits associated with employment, such as health insurance), accounts payable, fixed costs, inventory, rent, and utilities.||N/A||https://coronavirus.dc.gov/dc-small-business-recovery-grants|
This document provides information on sources of relief for COVID-19.
Some of the financial options that appear on this site are from companies from which Gusto may receive compensation.
Gusto strives to provide a wide array of offers for our members, but these options do not represent all financial services companies or all available products.
We recommend that you review the individual websites for full details. Last Updated: 3/31/20
|Company||Resource||Details||How to apply||URL|
|Amazon||Neighborhood Small Business Relief Fund||"Today, we’re creating a $5 million Neighborhood Small Business Relief Fund to provide cash grants to local small businesses that need assistance during this difficult time. The fund is intended for small businesses with fewer than 50 employees or less than $7 million in annual revenue, physical presence within a few blocks of our Regrade and South Lake Union office buildings, that are open to the general public, and that are reliant on foot-traffic for customers. Among the information that will be requested as part of the grant process will be how much revenue each applicant anticipates it'll lose in March with some associated back-up information."||Click here to apply for grant funding consideration: https://amazonsmallbusinessrelief.force.com/SelfRegisterPage||https://blog.aboutamazon.com/job-creation-and-investment/helping-local-small-businesses-through-the-impacts-of-covid-19|
|Amazon||Amazon Relief Fund||"We are establishing the Amazon Relief Fund with a $25 million initial contribution focused on supporting our independent delivery service partners and their drivers, Amazon Flex participants, and seasonal employees under financial distress during this challenging time. We will be offering all of these groups the ability to apply for grants approximately equal to up to two-weeks of pay if diagnosed with COVID-19 or placed into quarantine by the government or Amazon."||No info yet--Amazon says it will be publishing a website soon with details on how employees and contractors can apply for grants.||https://blog.aboutamazon.com/working-at-amazon/covid-19-update-more-ways-amazon-is-supporting-employees-and-contractors|
|Business Resource Hub||"At Facebook, we’re working to keep people safe and informed about the recent outbreak of COVID-19. We know that as members of the communities you serve, businesses like yours may also be experiencing unexpected challenges, and we’re committed to providing as much support as possible."||Click here to get updates on how to apply for a Facebook small business grant: https://www.facebook.com/business/boost/grant||https://www.facebook.com/business/boost/resource?ref=alias|
|Local Food Bank Fund||"Facebook’s Sheryl Sandberg and other Silicon Valley figures have launched a $5.5 million fund, COVID-19 Emergency Fund for Feeding Families, which will operate through Second Harvest of Silicon Valley."||Grant will support Second Harvest of Silicon Valley; click here for more info on how to get food: https://www.shfb.org/get-food/||https://www.mercurynews.com/2020/03/13/sheryl-sandberg-silicon-valley-execs-launch-5-5-million-covid-19-food-bank-fund/|
|Free Access to G Suite and G Suite for Education||"Google has rolled out free access to its advanced Hangouts Meet video-conferencing capabilities to all G Suite and G Suite for Education customers globally until July 1, 2020."||No special application process; click here for access details: https://cloud.google.com/blog/products/g-suite/helping-businesses-and-schools-stay-connected-in-response-to-coronavirus||https://cloud.google.com/blog/products/g-suite/helping-businesses-and-schools-stay-connected-in-response-to-coronavirus|
|COVID-19 Solidarity Response Fund||"The coronavirus (COVID-19) pandemic has already impacted communities around the world. For every $1 you donate by April 30, 2020, Google.org will donate $2, up to $5M, to support global preparedness and response in communities affected by the spread of COVID-19. 100% of your donation goes to the United Nations Foundation in support of WHO’s global COVID-19 Solidarity Response Fund."||Click here to donate: https://donate.google.com/give/covid-19||https://donate.google.com/give/covid-19|
|Mark Cuban||Q&A for Small Business Owners||"So I’m going to do something a little different here. If you have a small business that you run and or own and you have questions about what to do now, I’ll try to answer some questions. Won’t be able to get them all. But I’ll try over the course of today to respond to as many as I can. My preference is going to be helping small biz trying to avoid layoffs and hourly reductions"||Click here to submit a question to Mark Cuban: https://www.linkedin.com/posts/mark-cuban-06a0755b_smallbusiness-smallbusinesssupport-smallbiz-activity-6644629791930662912-y5k9/||https://www.linkedin.com/posts/mark-cuban-06a0755b_smallbusiness-smallbusinesssupport-smallbiz-activity-6644629791930662912-y5k9/|
|USBG National Charity Foundation||Bartender Emergency Assistance Program||"The USBG National Charity Foundation has created a bartender emergency assistance program to help service industry personnel who may be experiencing financial hardship during the coronavirus outbreak. Eligible applicants can receive a grant to help with bills and other costs due to sudden loss or decrease of income. In order to qualify, an applicant must be a bartender or the spouse or child of a bartender."||Click here to apply: https://www.usbgfoundation.org/beap?fbclid=IwAR3xNb1xWcXHKCYlvBttRxsXjLCktqjEE5E4wYsoswqx2GVqxEXiYYkg1q8||https://www.usbgfoundation.org/beap|
|Restaurant Workers Community Foundation||Restaurant Workers' COVID19 Fund||"Restaurant Workers Community Foundation was founded in 2018 to advocate for gender equality, racial justice, fair wages, and healthy work environments in the restaurant industry. In the wake of the coronavirus / COVID-19 pandemic, RWCF’s full focus is on supporting workers, small business owners, and an industry in crisis."||Click here for info on various relief funds for restaurant workers, and to apply for assistance: https://www.restaurantworkerscf.org/news/2020/3/15/resources-for-restaurants-and-workers-coping-with-the-covid-19-emergency||https://www.restaurantworkerscf.org/news/2020/3/15/resources-for-restaurants-and-workers-coping-with-the-covid-19-emergency|
|UberEats||Waiver of delivery fees for independent restaurants||UberEats "will waive delivery fees for all orders from independently owned restaurants on the app as the COVID-19 pandemic continues to spread and causes cities to shutter all non-essential businesses."||No application needed.||https://techcrunch.com/2020/03/16/uber-eats-waives-delivery-fees-for-independent-restaurants-during-covid-19-pandemic/|
|CVS Pharmacy||Waiver of home delivery fees for prescription medications||"Beginning immediately, CVS Pharmacy will waive charges for home delivery of prescription medications. With the Centers for Disease Control and Prevention encouraging people at higher risk for COVID-19 complications to stay at home as much as possible, this is a convenient option to avoid coming to the pharmacy for refills or new prescriptions."||No application needed.||https://www.cvshealth.com/newsroom/press-releases/cvs-health-announces-additional-covid-19-resources-focused-patient-access|
|California Community Foundation||COVID-19 LA County Response Fund||California Community Foundation (CCF) launched the COVID-19 LA County Response Fund to address the immediate and emerging needs of our region’s most vulnerable residents—from mitigation to eventual recovery. This fund will support community needs identified by our partners in health, housing, education and immigration, and will aid impacted individuals through our Pass it Along Fund.||Fund does not make grants directly to individuals. Contact CCF's partner organizations for more information: https://www.calfund.org/wp-content/uploads/EXTERNAL_-2018-PIA-Preferred-Partner-List.pdf||https://www.calfund.org/covid-19/|
|Zapier||Zapier Small Business Assistance Program||Zapier is creating a $1 million assistance program for their most impacted small business customers. Zapier's support team will set up qualified customers with a free 3-month credit for a Starter plan.||Fill out this form: https://zapier.wufoo.com/forms/zapier-small-business-assistance-program/||https://zapier.com/blog/covid-19-assistance-program/|
|Free Learning Courses relevant to business||LinkedIn is opening up 16 of its learning courses for free. Courses that provide tips on how to stay productive, build relationships when you’re not face-to-face, use virtual meeting tools and balance family and work dynamics in a healthy way.||N/A||https://www.linkedin.com/learning/paths/remote-working-setting-yourself-and-your-teams-up-for-success|
|FCC and Comcast, Charter, Verizon, & Others||Internet Access Pledge||The FCC has issued a pledge on Friday for internet and telecommunications companies to "keep Americans connected" during the disruptions caused by the coronavirus pandemic. The pledge means that for the next 60 days, a participating internet service provider should:|
Not terminate service to any residential or small business customers because of their inability to pay their bills due to the disruptions caused by the coronavirus pandemic; Waive any late fees that any residential or small business customers incur because of their economic circumstances related to the coronavirus pandemic; and Open its Wi-Fi hotspots to any American who needs them.
|Salesforce||Give2SF Coronavirus Fund||Salesforce, the city’s largest private employer, has committed $1.5 million to the effort, which is called the Give2SF Fund.||N/A||https://www.sfchronicle.com/business/article/SF-starts-coronavirus-aid-fund-with-1-5-million-15130406.php|
|Grubhub||Suspension of Commission Payments||Grubhub has suspended commission payments from independent restaurants during the crisis.||N/A||https://gizmodo.com/grubhub-suspends-all-charges-to-independent-restaurants-1842316287|
|Microsoft||Free Office 365 Tools||For businesses, municipalities, K-12 and other entities, Microsoft is providing six months of Office 365 tools for free to enable remote collaboration, file sharing and video conferencing. They’re also offering free assistance to set up these tools.||N/A||http://www.doit.ri.gov/covid-19/|
|Bank of America||Support for Consumer and Small Business Clients Experiencing Hardship From the Impact of the Coronavirus||Consumer and Small Business deposit accounts: clients can request refunds including overdraft fees, non-sufficient funds fees, and monthly maintenance fees.|
Consumer and Small Business credit cards: clients can request to defer payments, refunds on late fees.
Small business loans: clients can request to defer payments, refunds on late fees.
Auto loans: clients can request to defer payments, with payments added to the end of the loan.
Mortgages and home equity: clients can request to defer payments, with payments added to the end of the loan.
In all of these instances, there will be no negative credit bureau reporting for up-to-date clients.
We have also paused foreclosure sales, evictions and repossessions.
|Coastal Community Foundation of South Carolina||Fund for individuals and businesses impacted by COVID-19||This Fund will provide flexible resources to organizations in our region working with priority groups, including senior citizens, children, health-compromised, and workers in the hospitality and tourism industry in our nine-county service area of Beaufort, Berkeley, Charleston, Colleton, Dorchester, Georgetown, Hampton and Horry counties.||N/A||https://www.grantinterface.com/Home/Logon?urlkey=ccfsc|
|Morgan Stanley||Relief Funding||Morgan Stanley announced a $10 million cash commitment in aid to support Coronavirus relief efforts. Funding will support critical frontline medical responders globally as well as community providers serving those economically impacted by the crisis. The first three grants of $2 million each were announced for Feeding America, the CDC Foundation, and the World Health Organization’s Covid-19 Solidarity Health Fund.||N/A||https://www.morganstanley.com/press-releases/morgan-stanley-announces--10-million-cash-commitment-to-support-?cid=SM_CORP__LINKEDIN_morgan-stanley_20200319&linkId=84640113|
|Citi||Relief Funding||The Citi Foundation announced today that it will provide $15 million to support COVID-19 related relief activities globally. It will be allocated as follows:|
- $5 million will be directed to the COVID-19 Solidarity Response Fund.
- $5 million will be directed to No Kid Hungry to support emergency Food Distribution Programs in the U.S.
- $5 million will be directed to additional international, country-specific efforts in places that are severely impacted. In the coming weeks, the Citi Foundation will also be working to identify additional opportunities to support longer-term recovery efforts.
|National Domestic Workers Alliance||Emergency Relief Funding||National Domestic Workers Alliance is giving financial support to in-home care workers, nannies, and house cleaners who have to stay home and not work in order to reduce the spread of the virus.||N/A|
|One Fair Wage Emergency Fund||Emergency Relief Funding||One Fair Wage Emergency Fund gives funds directly to service workers affected by the pandemic, including restaurant, salon, airport, rideshare, and gig economy workers who find themselves out of work or without customers.||N/A|
|The Chronicle||Emergency Relief Funding||The Chronicle Season of Sharing Fund expedited $2 million in emergency funding to all nine Bay Area counties to provide a rapid response to our neighbors affected by the pandemic.||N/A||https://seasonofsharing.org/donate-now/?utm_source=marketing&utm_medium=email&utm_content=headlines&utm_campaign=seasonofsharing_2020|
|Cisco||Webex for Free||Webex is here to help: Work remotely or from home. Stay connected. Webex is offering our users unlimited usage on the most secure collaboration platform globally to help them get through this difficult time.||N/A||https://www.webex.com/go-covid19.html|
|Capital One||Payment assistance and deferred loan assistance.||Customers facing financial difficulties due to the coronavirus are urged to contact the bank directly through one of its many customer support lines. At its website, Capital One encourages customers who may be impacted or need assistance to reach out so that the bank can help find a solution.|
Capital One tells Forbes that all customers will be eligible for assistance, of which will vary on the type of product they have and their individual needs. Examples of assistance include:
Minimum payment assistance
Deferred loan assistance
|Marcus by Goldman||Loan deferment; waiver of fees to access funds in high-yield CDs||As a Marcus loans customer, if you have been impacted by COVID-19, we can offer help via our customer assistance program, which allows you to postpone making a payment on your loan for one month. There will be no interest charged during the deferral and your loan term will be extended by one month. If you have a high-yield CD with Marcus and need access to your funds, we will waive the early withdrawal penalty should you need to withdraw funds from your account prior to maturity. In the meantime, your CD account will continue to accrue interest as scheduled.||N/A||https://www.marcus.com/us/en/media/blogs/info-on-covid19|
|Truist Banks||Payment relief assistance, extra cash-back, small business lending.||Truist is offering relief measures, allowing greater access to capital for borrowers and empowering our teammates to support clients affected by the COVID-19 pandemic. The relief measures include:|
Providing payment relief assistance for clients with mortgage loans, consumer loans, personal credit cards, business credit cards and business loans.
Temporarily waiving ATM surcharge fees to help consumers and businesses access cash with greater confidence
Providing 5% cashback when BB&T and SunTrust consumer credit card holders use their credit card for qualifying purchases at grocery stores and pharmacies through April 15, 2020
We'll also continue to actively support the cash flow needs for our retail and business clients who are affected by the COVID-19 pandemic through a number of lending programs. Our branch bankers, relationship managers and contact center teammates are committed to working with you to reduce financial stress during this challenging and uncertain time.
|Honeycomb Credit||Low-fee crowdsourced loans||To help deliver the working capital that businesses need, Honeycomb is offering 45-day payment free periods, 6-month interest-only periods and reducing our posting, success, and investor fees. We're also streamlining our due diligence to connect businesses with local investors as quickly as possible. As always, these loans are community funded via the Honeycomb crowdfunding platform.||N/A||https://www.honeycombcredit.com/relief|
|Wefunder||Small business resources||Emergency funding for your business and $50K mentorship for startups tackling the coronavirus crisis.||N/A||https://wefunder.com/|
|Spectrum + Charter Communications||Broadband + Wifi||Spectrum is offering free broadband and Wi-Fi access for 60 days to households with K-12 and/or college students who do not already have a Spectrum broadband subscription and at any service level up to 100 Mbps. To enroll, call 1 (844) 488-8395. Installation fees will be waived for new student households.||N/A||https://corporate.charter.com/newsroom/charter-to-offer-free-access-to-spectrum-broadband-and-wifi-for-60-days-for-new-K12-and-college-student-households-and-more|
|Hebrew Free Loan Association of Northeast Ohio||Loans of up to $1500||the HFLA of Northeast Ohio will be offering interest-free loans for those affected economically by the coronavirus who live in Northeast Ohio.|
HFLA will provide expedited Interest-free loans of up to $1,500 for purposes including (but not limited to):
Lost wages due to being unable to go to work
Child care costs due to school closures
Related medical costs
To apply, borrowers should contact HFLA at 216-378-9042 or email firstname.lastname@example.org specifying that the request is for coronavirus related needs.
|AZ Local Impact Fund Launched by LeadMD and Invest Southwest||Resources and relief||LeadMD, the world’s leading performance marketing consultancy, today announced its partnership with Invest Southwest to spearhead a small business relief fund in Arizona.||N/A||https://apnews.com/Business%20Wire/703df7fc2336474a94986bf6b3334d2e|
|AR Community Foundation||Relief Fund|| The Arkansas Community Foundation (ACF) has started the COVID-19 Relief Fund.|
About $130,000 is already in the fund, and Larkin said she hopes that further donations could push the fund up to $300,000. A simple application process for non-profits will start today and those applications will undergo an expedited consideration process. The goal is to release up to 65 $1,000 mini-grants by the first week in April, she added.
|United Way of Southeast Louisiana||Relief||United Way of Southeast Louisiana announced a $100,000 contribution to the Greater New Orleans Foundation Disaster Response and Restoration Fund to help those financially impacted by COVID-19||N/A||https://wwl.radio.com/articles/united-way-offers-relief-to-workers-impacted-by-covid-19|
|WouldASpent||Support for Small Businesses||"The pandemic is here. Nobody's going out. Support small businesses and gig workers by sending them the money you #wouldaspent to help them survive COVID-19."|
How? Businesses and workers impacted by COVID-19 request to be added to the list and make a commitment as to how they'll use funds. You browse the list and support businesses and workers where you #wouldaspent money by buying a gift card or (even better) donating. Help your favorite local small businesses and workers raise even more money by sharing a link to #wouldaspent on social media.
|Sonic||Free Internet for certain demographics||During the COVID-19 outbreak, Sonic is offering three months of free internet access and unlimited nationwide home telephone service to households with K-12, college students, or senior citizens 60 or older.||N/A||https://www.sonic.com/cov19|
|National Digital Inclusion Alliance||Free/Low Cost Internet||Various broadband providers and mobile carriers are offering free or low-cost access in response to the COVID-19 pandemic. The National Digital Inclusion Alliance has information on providers and programs offering free or low-cost broadband. Please visit the DCEO website for more information.||N/A||https://www.digitalinclusion.org/free-low-cost-internet-plans/|
|Delivering with Dignity||Food Relief||In Nevada, "Clark County and Honey Salt have teamed up for “Delivering with Dignity,” a pilot program with a mission to feed our community’s vulnerable families and keep them safe from COVID-19. The program will serve those who grapple with poverty and are at-risk for contracting the illness if they leave their homes."||N/A||https://www.8newsnow.com/news/local-news/delivering-with-dignity-clark-county-honey-salt-team-up-to-feed-families-in-need/|
|Lifeline Program (North Dakota)||Utilities Relief||The North Dakota Public Service Commission is reminding state residents of the Lifeline Program, which helps people in need pay for phone or internet service. The program is available to qualifying new and current customers with income below a certain threshold, or those who qualify for certain government assistance programs. Lifeline can be used only for one service in a household -- either phone or internet. Detailed information about who qualifies and how to apply can be found at:||N/A||www.lifelinesupport.org|
|ND United Way||Pandemic Relief Fund||The Missouri Slope Areawide United Way has launched a Pandemic Relief Fund. The nonprofit said the fund aims to “support our community’s unsheltered residents who are especially vulnerable to the coronavirus, and low-income individuals, students and families at imminent risk of hunger and homelessness due to health and economic impacts of coronavirus.” The fund will: |
1. Provide assistance to ensure vulnerable populations have access to food (to include weekend hunger for students, elderly meal deliveries to their homes, food distribution sites in high-poverty neighborhoods).
2. Support the response to protect unsheltered and most vulnerable residents through this crisis.
3. Support to agencies who provide emergency assistance to individuals and families affected by this crisis, through targeted investments where jobs and wage reductions are disproportionately impacted.
4. Provide additional support to our non-profit partners, in alignment with our mission to break the cycle of poverty, that experience a decline in giving due to the pandemic & its impact on the economy & giving cycles. People can get more information or donate at:
|Communities Foundation of OK||Grants for community organizations||Communities Foundation of Oklahoma - The disaster relief fund will deploy resources to community-based organizations on the front lines of the COVID-19 outbreak and related community needs. Funds will be granted to the following groups that work with people and communities affected by the disaster. Nonprofit regional health organizations; Government entities; Nonprofit organizations; Churches; Schools.||Contact Rachel Hunter at 405-488-1450 or visit www.cfok.org||cofk.org|
|Rhode Island Foundation/United Way||Grants for community organizations||Rhode Island nonprofit organizations at the forefront of COVID-19 response can apply for grants from the Rhode Island Foundation/United Way COVID-19 Response Fund||N/A||https://rifoundation.org/grant/covid-19-response-fund-grants|
|Community Foundation for Monterey County||COVID-19 Relief Fund Grants||Grants are expected to range between $5,000 to $30,000 and will be reviewed on an ongoing basis. 501(c)3 nonprofit organizations and public agencies are eligible to apply for additional funds as needs arise. Requests will be reviewed by CFMC staff and grants awarded as quickly as possible. The CFMC will consider grant requests to:|
- Assist nonprofits serving vulnerable populations with basic needs (food, housing, living expenses, transportation costs, etc.) related to job layoffs and/or unemployment
- Assist nonprofit organizations experiencing staffing and/or volunteer gaps due to quarantines and social distancing
- Help nonprofit organizations cover the costs incurred for travel changes and other pandemic-related cancellations
- Fund programming to address related mental health impacts
- Assist nonprofit organizations with financial planning and resilience
|Faire||Impact Calculator for Retailers||We care about the success of your business, and want to offer meaningful support and information through this uncertain time. That's why we've built this calculator to help you understand the potential impact of COVID-19 on your business.||N/A||https://www.faire.com/impact-calculator?mc_cid=cc966e5a80&mc_eid=09da149948|
|US Bank||Premium Pay Program - for front line employees||U.S. Bank is investing in a Premium Pay Program. Effective March 23, eligible critical front-line employees will receive a 20% wage premium during the four-week program. The Premium Pay Program applies to more than 30,000 critical employees at branches, operations and contact centers, field operations offices and critical service locations. U.S. Bank will continue to assess the environment to determine if the program will be extended beyond the initial four-week period. This is in addition to our existing program to provide additional paid time off for employees affected by COVID-19, among other relief programs.||N/A||https://www.usbank.com/newsroom/stories/us-bank-announces-20-percent-premium-pay-program-for-employees-and-30-million-commitment-to-support-individual-and-small-business-recovery.html|
|US Bank||Relief Fund||U.S. Bank also announced a $30 million commitment to support COVID-19 relief efforts in communities around the country. This community commitment will support immediate relief and long-term recovery efforts and includes $4 million in the next two weeks to national organizations focused on small business recovery and crisis relief and an additional $26 million to local nonprofits across the country by year’s end.||N/A||https://www.usbank.com/newsroom/stories/us-bank-announces-20-percent-premium-pay-program-for-employees-and-30-million-commitment-to-support-individual-and-small-business-recovery.html|
|Bank of North Dakota||Student Loan relief plans||Bank of North Dakota (BND) shared its student loan relief plans to assist borrowers impacted by COVID-19 with the Industrial Commission today. Effective immediately, borrowers may request to defer payments for six months. The interest rate for variable rate borrowers decreases April 1, 2020, so BND will reduce payments to reflect the new interest rate. In addition, all borrowers with a fixed interest rate will receive a decrease in their interest rates by at least 1 percent when the Bank is able to work through technical issues.||N/A||https://bnd.nd.gov/bank-of-north-dakota-announces-student-loan-relief-options/|
|Oregon Pacific Bank||Community Emergency Loan Fund||Through its Community Emergency Loan Fund, Oregon Pacific Bank has committed to lend up to $5 million to local business and non-profit agencies that are headquartered and operate in Eugene, Florence, Coos Bay, Medford and Roseburg. The funds are to be invested in local communities to reduce the economic impact of COVID-19. Each loan is not to exceed $100,000 or 50% of 2019 sales. The loans will start with 12-months of interest-only payments, with 0% interest for the first 6 months.||N/A||https://www.opbc.com/oregon-pacific-bank-announces-community-emergency-loan-fund/|
|Washington Federal Bank||Expedited business loans||Businesses with a 10% or greater drop in revenue can apply for up to $200,000 lines of credit, with 90 days interest-free. Expedited processing is available for lines of credit up to $30,000. For more information, email Business.Lifeline@wafd.com.||N/A|
|Kabbage Payments||Helpsmallbusiness.com gift certificate program||We know cash flow might be top of mind at this time as you deal with the impact of the COVID pandemic. We are reaching out to you to let you know of an option to continue revenue during these changing times. Through Kabbage Payments, you can sign up to offer online gift certificates, making it easy to connect small businesses to consumers who want to show their support for you. Create a free account in minutes and get a unique URL that you can share on your website or social media. When a customer purchases a gift certificate, funds from the sale will be deposited into your bank account the next business day.|
Transactions that are processed by 5 p.m. ET will be deposited in your bank account the following banking day. Any transactions that are processed after 5 p.m. ET will be deposited in your bank account within 2 banking days. Settlement to your bank account may be delayed if transactions are flagged for review. [Note that this transaction may incur a standard 2.5% processing fee by Kabbage’s payment processor.]
|Fundera||Small business loans marketplace||Are you considering your options for small business loans during this time, as a result of the disruption caused by the COVID pandemic? We’re here to pass along all the resources that might be available to you. One of them is Fundera, a marketplace for small business loans that helps you shop for financing options. Through a network of partners, Fundera provides lending options, including SBA loans, lines of credit, and term loans. These loan terms may vary depending on the source (for example, SBA or other government-backed loans may be more favorable than private loans), but through Fundera you can compare many at once.|
We expect additional details about SBA loan eligibility (including state by state eligibility) to be updated soon, so if you’re not eligible for SBA disaster loans right now, be sure to check back in regularly to compare your options.
|CCI||San Francisco Arts & Artists Relief Fund||Administered by CCI, this emergency fund was launched March 25, 2020, by San Francisco Arts Commission (SFAC) and Grants for the Arts (GFTA) to mitigate COVID-19 related financial losses that artists and small to mid-size arts and culture organizations have suffered. Applications will be accepted on a rolling basis.||N/A||https://www.cciarts.org/EmergencyRelief.htm|
|Dance Resource Center||Dance Resource Center LA Dance Emergency Fund||Dance Resource Center has created the LA Dance Emergency Fund to help support the LA Dance Community during this public health emergency. LA Dance Emergency Fund provides emergency relief to LA dancers and dance companies facing financial hardship caused by LA County performances cancelled due to the COVID-19 pandemic. Applicants can receive up to $500 with submission of appropriate application materials for as long as the funds are available.||Applications for relief will be accepted via the DRC website until March 31, 2020.||https://www.danceresourcecenter.org|
|Sweet Relief||Sweet Relief COVID-19 Fund for Musicians||Sweet Relief created this DONOR-DIRECTED FUND with a limited amount of funds available to be used specifically for musicians and music industry workers affected by the Coronavirus. Funds raised will go towards medical expenses, lodging, clothing, food and other vital living expenses to those impacted due to sickness or loss of work.||N/A||https://www.sweetrelief.org/covid-19-fund.html|
|San Francisco Fund||San Francisco Fund Rapid Response for Movement Building||Small, one-time grants in the range of $3,000–$15,000 for a grant period of up to six months. “To build the political power and voice of low-income and people of color by providing resources to respond in a timely manner to unanticipated, but critical opportunities or challenges to advance racial and economic equity in the Bay Area.”||N/A||http://sff.org/programs/nurturing-equity-movements/rapid-response-fund-for-movement-building/|
|The Creator Fund||Medical, Groceries, Childcare, or Rent/Mortgage funds for creators experiencing financial hardship due to circumstances related to COVID-19.||N/A||https://convertkit.com/creator-fund|
|Actor's Fund||Actors Fund Entertainment Assistance Program||Who it serves: Any performing arts or entertainment professional may call on the Entertainment Assistance Program for support, information or referrals to community agencies. Eligibility for financial assistance requires either a minimum of five years of industry paid employment (earnings of at least $6,500 for three out of the last five years), or 20 years of industry paid employment (minimum of ten years of earnings of at least $5,000 for each of those years), and demonstrated financial need.||When to apply: Any time.|
How much they give: Amounts are determined on a case-by-case basis.
Where to apply: http://www.actorsfund.org/am-i-eligible-help
|The Gottlieb Foundation||Adolph and Esther Gottlieb Emergency Grant||Who it serves: Artists working in the disciplines of painting, sculpture or printmaking, who can demonstrate a minimum involvement of ten years in a mature phase of his or her work, whose needs are the result of an unforeseen, catastrophic incident, and who lack the resources to meet that situation.||When to apply: Applications accepted all year, with no deadlines.|
How much they give: The maximum amount of this grant is $15,000; an award of $5,000 is typical.
Where to apply: https://www.gottliebfoundation.org/emergency-grant/
|CERF+||Craft Emergency Relief Fund (CERF+) Emergency Assistance||Who it serves: CERF+ emergency assistance includes grants and/or brokered assistance, such as booth fee waivers and discounts or donations on supplies and equipment. Artists interested in CERF+ emergency assistance must first complete an inquiry form. If it is determined that you may be eligible for assistance, you will be invited to apply for assistance. Before filling out an emergency assistance inquiry form, carefully read through the eligibility criteria and supporting documentation requirements.||When to apply: Any time.|
Where to apply: https://cerfplus.org/get-relief/apply-for-help/craft-emergency-relief-fund/
|Joan Mitchell Foundation||Joan Mitchell Foundation Emergency Grant Program||Who it serves: US based visual artists working in the mediums of painting, sculpture, and/or drawing who have suffered significant losses after natural or man-made disasters that have affected their community.||When to apply: Applications are accepted throughout the year, and reviewed monthly based on volume.|
How much they give: Up to $6000.
Where to apply: http://joanmitchellfoundation.org/artist-programs/artist-grants/emergency
|PEN||PEN Writer's Emergency Fund||Who it serves: The PEN America Writers’ Emergency Fund is an emergency fund for professional—published or produced—writers in acute, emergency financial crisis. The Writers’ Emergency Fund is for writers whose primary professional occupation is writing. Self-published authors or those published by vanity presses are not eligible. Writers do not have to be Members of PEN America to receive a grant.||When to apply: Next deadline: November 15, 2017.|
How much they give: Up to $2,000.
Where to apply: https://pen.org/writers-emergency-fund/
|NYFA||Rauschenberg Emergency Grants Program||New York Foundation for the Arts (NYFA) is proud to partner with the Robert Rauschenberg Foundation to administer a new emergency grant program that will provide visual and media artists and choreographers with one-time grants of up to $5,000 for medical emergencies including but not limited to: hospital and doctor bills (including insurance co-pays), tests, physical/occupational therapy, prescription drugs specifically for the emergency medical condition, and emergency dental work.||There is no deadline; applications will be accepted and reviewed by the panel on a monthly basis beginning in late May/early June 2020.||https://www.nyfa.org/Content/Show/Rauschenberg-Emergency-Grants|
|Springboard for the Arts||Springboard for the Arts Personal Emergency Relief Fund||Springboard for the Arts' Personal Emergency Relief Fund is a resource dedicated to supporting artists in Minnesota who experience career-threatening emergencies. We have expanded the guidelines to include lost income due to the cancellation of a specific, scheduled gig or opportunity (i.e. commissions, performances, contracts) due to Coronavirus/COVID-19 precautionary measures. Artists can request up to $500 to compensate for cancelled work that was scheduled and lost.||N/A||https://springboardforthearts.org/additional-resources/personal-emergency-relief-fund/|
|Huntington Bank (OH)||Consumer relief measures||Consumer Payment Deferral Program – In an effort to look out for our customers, Huntington is offering up to 90 days of payment deferral on all consumer loans for those experiencing financial hardship due to COVID-19. Although interest will continue to accrue during the payment deferral period, you will not have to make a single ‘catch-up’ payment at the conclusion of the deferral period. We’ll work with you, and either extend the term or otherwise modify your loan. Late Fees on Consumer Loan Suspension Program – Beginning in March 2020, Huntington will suspend charging late fees on consumer loan payments. This suspension is effective through the end of March 2020 and we will continue to evaluate whether to extend this program.|
Repossession Halt Program – Beginning March 17, 2020, Huntington will not initiate any new repossession actions associated with vehicles, RVs, or marine craft financed by Huntington and have enacted reduced requirements for customers who want to redeem their already repossessed vehicle to one (1) payment plus repossession fee. This suspension of repossession actions will take place through the end of March 2020 and we will continue to evaluate whether to extend this program.
Suspension of Foreclosure Program – Beginning March 17, 2020, Huntington will suspend initiating any new foreclosure actions, specific to residential properties unless required by federal or government agencies. This suspension of foreclosure actions will take place through the end of March 2020 and we will continue to evaluate whether to extend this program. Small Business Loan Payment Deferral Program – In an effort to look out for our small business customers, Huntington is offering up to 90 days of payment deferral on all small business loans for those experiencing financial hardship due to COVID-19. Please note that interest will continue to accrue during the payment deferral period. Please contact your business banker or Business Customer Service at (800) 480-2001 Monday through Friday 7:30 a.m. to 7:00 p.m. and Saturdays 8:00 a.m. to 5:00 p.m. ET.
|Trail Blazers Foundation||COVID-19 relief fund for nonprofits||The funds raised will go to nonprofits who are impacted by the COVID-19 crisis, including supporting the Oregon Community Foundation’s Oregon Community Recovery Fund, which is rapidly deploying resources to community-based organizations at the front lines of the outbreak in Oregon. If you represent a nonprofit organization that is seeking immediate funding, please go to oregoncf.org to learn more.||N/A||https://www.nba.com/blazers/community/foundation|
|Open Table||Preparedness Resource Center for Restaurants||To help our restaurant partners, we’ve pulled together a Preparedness Resource Center to offer guidance on handling downturns and temporary closures, and have waived our gift cards fees to restaurants. We’re also working with restaurant associations in their discussions for government relief.||N/A||https://www.opentable.com/state-of-industry|
|New Mexico Small Business Investment Corp||Small Business Loans||The New Mexico Small Business Investment Corp. will make $25 million available to lenders at zero percent interest, aimed at low-cost loans for struggling small businesses.||N/A||https://www.abqjournal.com/1436546/nmsbic-approves-25-mn-for-lowcost-loans.html?utm_source=COVID-19+morning+newsletter&utm_campaign=fad238ad22-EMAIL_CAMPAIGN_2019_10_29_04_00_COPY_01&utm_medium=email&utm_term=0_927be81bf2-fad238ad22-142262301&mc_cid=fad238ad22&mc_eid=224ef93448|
|Instrumentl||Instrumentl||Aggregated grants available for 501c3 nonprofits serving those impacted by COVID-19||N/A||https://www.instrumentl.com/covid-19-grants|
|Miller||Relief Fund for Bartenders||Miller Lite is donating $1 million to laid-off bartenders after bars and restaurants around the country were forced to shut down in an effort to slow the spread of the coronavirus||N/A||https://www.foxnews.com/us/miller-lite-donate-1m-bartenders-amid-coronavirus|
|One SC||South Carolina nonprofit relief fund.||The One SC Fund is providing grants to nonprofits responding to the COVID-19 relief and recovery efforts in the state of South Carolina.|
Information on how nonprofits can apply for grants in response to COVID-19 will be available the week of March 29th.
|South Dakota Community Response Fund||The Fund will provide support to verified nonprofits and community organizations directly addressing the needs of those affected by COVID-19. We are still not certain of the longer-term effects the situation will have on our partners, but we are working to respond as needs arise.|
Examples of immediate need:
- Access to food.
- Shortage of volunteers.
- Healthcare sector support.
- Human services sector support.
|The Timely Help||Gift cards for local businesses||Local businesses have seen significant reduction in their customer traffic due to COVID-19 pandemic. With the situation expected to get worse in coming days, businesses are struggling to stay afloat and keep their employees.|
You can help by buying a discounted e-gift card for your favorite local business! This provides businesses with much needed cash today to survive the pandemic and you enjoy the same great service at a discount.
|Hello Alice||Emergency Grants||Hello Alice is offering $10,000 grants being distributed immediately to small business owners impacted by coronavirus, as part of our broader mission to ensure Business for All. In addition to funding, grant recipients will receive ongoing support from the Hello Alice community.||N/A||https://www.covid19businesscenter.com/|
|LISC (and Verizon)||Grants for businesses in underserved communities||If you’re an entrepreneur of color, women-owned business or enterprise in an historically under-served community without access to flexible, affordable capital, you may qualify for a grant from the Local Initiatives Support Corporation (LISC) Rhode Island. LISC will be offering grants of up to $10,000 to help small businesses fill urgent financial gaps until they can resume normal operations.||N/A||https://www.lisc.org/our-stories/story/verizon-and-lisc-fire-25-million-small-business-covid-19-recovery-fund|
|Panera||Meals for children in Ohio||Panera announced a partnership with the Children's Hunger Alliance (CHA) and the U.S. Department of Agriculture (USDA) to provide freshly prepared and wholesome meals to children in need in the state of Ohio. In partnership with its local franchise partners, Panera is leveraging its supply chain and bakery-cafes to provide ready-to-eat, freshly prepared meals to CHA for children vulnerable to hunger across the state during this time of crisis. Panera is also working with the USDA to scale this model with other states across the nation. The Panera and CHA meal partnership will kick off in Ohio on April 6th. As the need continues to grow across the nation, the Panera teams also stand ready to assist other states and communities. Panera is encouraging in-need non-profits or state government to contact the company at email@example.com.||N/A||https://www.prnewswire.com/news-releases/panera-announces-partnership-with-usda-and-childrens-hunger-alliance-to-provide-meals-in-ohio-301031219.html|
|Lee Initiative, Makers.||Meals and emergency support for restaurant workers, from chefs + other restaurant workers.||In partnership with @makersmark and @leeinitiative @chefedwardlee we have turned restaurants across the country into relief centers with local chefs for any restaurant worker who has been laid off or has had a significant reduction in hours and/or pay. We are offering help for those in need of food and supplies. Each night, we will pack hundreds of to-go meals that people can come to pick up and take home. OPERATIONS IN THE FOLLOWING CITIES|
Atlanta | Boston | Brooklyn (Gertie) | Brooklyn (Olmsted) | Chicago | Cincinnati | Denver | Houston | Lexington | Louisville | Los Angeles | New Orleans | Seattle | Washington, D.C.
|Rhode Island COVID-19 Emergency Hospital Relief Fund||Emergency support for workers in RI's hopsitality industry||Bartender Leishla Maldonado and industry friends have worked together to start a GoFundMe page for service industry workers. So far, they have been able to raise $10,000 to give service workers immediate relief. “I have also coordinated and offered support with hospitality volunteers free childcare for the month, a free meal service by a local chef and an emergency housing option by the Dean hotel for any hospitality worker that had reached out to me,” says Maldonado. “Our goal is to raise as much money as possible, to help alleviate the financial needs of the service industry during these pressing times.”||N/A||https://docs.google.com/document/d/1TOh5zHKI9rI-ve7bPSAyKgYqJqJqmRwmEv-qiEbTRgk/edit|
|Duke University||Central Database for Small Business Loans, Grants, and Funding||Duke built a website which allows you to search for grants, loans and other cash equivalents that can help entrepreneurs, nonprofits and businesses anywhere in the world.||N/A||https://www.appsheet.com/start/b623f7ad-9fc1-4f97-9d0e-f44983032d2a#appName=COVIDResource-1340872&page=dashboard&table=CASE+COVID19+Capital+Resources+for+Entrepreneurs&view=The+%23COVID19CapitalRelief+Dashboard|
|Accion||Hospitality Emergency Assistance Funding||Under the leadership of Governor JB Pritzker, DCEO is working with partners including Accion to launch emergency assistance programs for Illinois small businesses. To help hospitality businesses make ends meet in the midst of the COVID-19 pandemic, DCEO is launching the Hospitality Emergency Grant Program with $14 million drawn from funds originally budgeted for job training, tourism promotion, and other purposes. Grant funds are available to support working capital like payroll and rent, as well as job training, retraining, and technology to support shifts in operations, like increased pick-up and delivery.||Applications will be accepted until 5 pm on April 1; click here to apply: https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/EmergencySBAIntiatives.aspx||https://us.accion.org/news/covid-19-hospitality-business-grant-program/|
|Craft3||Craft3 Small Business Loans (Oregon & Washington)||For Business and Nonprofit Clients - If you’re currently one of our clients, we’re prepared to revise your Craft3 loan agreement. This includes potentially extending your due date, temporarily reducing payments, or taking other measures that may help your organization. It is important to understand that our ability to support you during this time is contingent on learning about issues before they are critical. Please remember that your loan agreement may require you to consult with Craft3 prior to taking on additional debt – which includes disaster loans from the SBA. If you’d like to discuss the challenges you’re facing and how we may be able to help, we’d encourage you to contact your lender. If you aren’t sure who your lender is, please start with our intake specialist at 888-231-2170 ext. 128.|
If You're Not a Client - Craft3 still offers our existing business lending services to companies in Oregon or Washington looking for a loan between $25,000 and $3 million. We encourage you to familiarize yourself with our loan product and, if you feel like it is a good fit, begin qualification online. Learn more.
|Click here to apply: https://www.craft3.org/apply||https://www.craft3.org/Borrow|
|WAFD Bank||Expedited Processing for Business Lines of Credit (Oregon)||We're offering 5-year business lines of credit with 90 days interest free to business affected by COVID-19. If you are a business who has been negatively impacted by the COVID-19 virus, WaFd Bank is here to help with emergency funding for your small business. Those who have seen a 10% or greater drop in revenues can apply to receive up to $200,000 on business lines of credit with 90 days interest-free. We know you need a fast decision, so we're expediting the process for lines up to $30,000.||Click here to apply: https://washingtonfederal.miradorfin.com/#/||https://www.wafdbank.com/business-banking/coronavirus-business-line-of-credit|
|North Carolina Restaurant and Lodging Association||Relief Fund for Restaurant and Hotel Employees||The North Carolina Restaurant and Lodging Association is offering fast access to cash for restaurant and hotel workers immediately affected by the COVID-19 pandemic. The NC Restaurant Workers Relief Fund will provide $500 to qualified applicants to help with immediate expenses.||Click here to apply: https://www.ncrestaurantrelief.com/apply|
Spanish-language application here: https://www.ncrestaurantrelief.com/solicitar-fondos
|Divvy||Guidance on Emergency Business Loans & Grants||"Due to the rapid onset and economic changes caused by the novel coronavirus, many small businesses are searching for emergency business loans. Thankfully, there’s no shortage of support out there. Federal and state governments as well as banks and private institutions have already increased their offerings for low interest loans. |
However, if you’re worried that you won’t qualify for a business loan, you can leverage alternative options like grants, invoice factoring, and even your current line of credit.
Here are some of the best options for emergency capital right now, as well as some alternative resources that can be accessed in any circumstances."
|Click here to apply for a WaFd loan: https://washingtonfederal.miradorfin.com/#/||https://getdivvy.com/blog/emergency-business-loans-and-alternatives/|
|Fundera||Applying for Multiple Loans at Once||Fundera can aggregate business information and apply to many loan options at once, saving you time from sending in many separate applications.||https://www.fundera.com/|
|SMB Funding and Access to Google Ads||"As the coronavirus outbreak continues to worsen around the world, it’s taking a devastating toll on lives and communities. To help address some of these challenges, today we’re announcing a new $800+ million commitment to support small- and medium-sized businesses (SMBs), health organizations and governments, and health workers on the frontline of this global pandemic. Our commitment includes:|
- A $200 million investment fund that will support NGOs and financial institutions around the world to help provide small businesses with access to capital. As one example, we’re working with the Opportunity Finance Network in the U.S. to help fill gaps in financing for people and communities underserved by mainstream financial institutions. This is in addition to the $15 million in cash grants Google.org is already providing to nonprofits to help bridge these gaps for SMBs.
- $340 million in Google Ads credits available to all SMBs with active accounts over the past year. Credit notifications will appear in their Google Ads accounts and can be used at any point until the end of 2020 across our advertising platforms. We hope it will help to alleviate some of the cost of staying in touch with their customers."
|Bank of North Dakota||Rebuilders Loan Payment deferral||Bank of North Dakota, in conjunction with local financial institutions, is allowing any borrower who received a Rebuilders Loan after the 2011 flood event to defer payments for six months.||Borrowers who want to take advantage of the Rebuilders Loan deferment should contact their local lender with whom they have the loan.||https://www.ndresponse.gov/news/rebuilders-loan-payments-may-be-deferred-six-months|
|Otto Bremer Trust||Community Benefit Financial Company Emergency Fund||In response to COVID-19, the Otto Bremer Trust (OBT) has established a $50 million emergency fund through its Community Benefit Financial Company (CBFC) subsidiary to provide financial support to Minnesota, Wisconsin, North Dakota, and Montana nonprofits and other community organizations impacted by and responding to the pandemic.|
The fund will provide resources in the form of short-term loans, lines of credit, and emergency grants.
All nonprofit organizations in Minnesota, Wisconsin, North Dakota, and Montana are welcome to apply for emergency funding.
|All nonprofit organizations in Minnesota, Wisconsin, North Dakota, and Montana are welcome to apply for emergency funding; applications are evaluated on a case-by-case basis. Click here to submit a mandatory initial inquiry: https://ottobremer.tfaforms.net/5||https://ottobremer.org/emergency-fund/|
|Bauer Internet||Free Video Conferencing||Offering free video conferencing to businesses and schools at https://bauervids.com.||N/A||https://bauervids.com|
|AT&T||Distance Learning and Family Connections Fund||Unveiled a $10M to give parents, students and teachers tools they need for at-home learning, and to provide resources to maintain meaningful connections for those isolated from family and friends. AT&T pledged to not disconnect residential or small business customers who do not pay their bill for internet, home phone service, or broadband for the next 60 days; will not charge late payment fees if they are due to economic hardship related to the coronavirus pandemic; and pledged to keep its network of public WiFi hotspots open “for any American who needs them.” Click here to learn more. For more on AT&T’s latest updates, click here.|
AT&T gives 20% bonus to frontline employees. To show our appreciation for our frontline employees, effective March 25 and until further notice, we’ll pay a 20% bonus above the regular hourly base rate of pay to bargained-for employees for all time worked in the office or at home. We appreciate our employees’ commitment to being there for our customers and each other.
|Red Dirt Relief Fund||Grants for Oklahomans in the music industry||Organizers announced Monday the fund will provide up to $50,000 to Oklahomans working in the music industry with one-time emergency grants of $250. The grants will be provided on a first-come, first-served basis.|
Recipients must meet the following criteria:
- Sustained a financial loss of at least $1,000 due to cancelled/postponed gigs related to COVID-19
- Worked in the music business for the past 5 years
- A current Oklahoma resident
|Request a grant application here: http://www.reddirtrelieffund.org/receive/||http://www.reddirtrelieffund.org/|