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COVID19-PAYMENT-PROCESSING-v2-1212773711

FEDERAL

Federally funded loans up to 10 Million. With forgivable options for eligible applicants.

LOCAL

Locally funded loan and grant programs at the state, city, and county level  available to you.

PRIVATE

Private funding resources, typically offered in the form of grants less than $10k, to help supplement cash flow.

This Week's Updates:

  • On a limited basis, the SBA is currently reviewing EIDL Loan Advance applications for small business owners in U.S. Agriculture.

Federal Funding

Check out the loan programs available now.

Round 2 of Federal Aid is still open.

 
PAYCHECK PROTECTION
PROGRAM

This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.

Choice Lender:

Blue Vine; funds in under a week for most applicants.

EIDL LOAN ADVANCE

This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.

SBA EXPRESS BRIDGE LOANS

Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.

SBA DEBT RELIEF

The SBA is providing a financial reprieve to small businesses during the COVID-10 pandemic.

Local Funding

Don't leave money on the table. 

Find local money here.

We've compiled a list State Funding Programs and summarized each for you

plus, provided a quick apply link.

 

Private Funding

When government dollars are inaccessible, some

private companies are filling the gap.

Here is the short list.

Restaurant Strong is offering restaurant crew in select states the opportunity to apply for a grant.

The GoFundMe.org Small Business Relief Fund will provide micro-grants to qualifying small businesses negatively impacted by the COVID-19 pandemic.

James Beard Foundation Food and Beverage Industry Relief Fund. 

Spanx Red Backpack program is offering women-owned businesses, $5,000 grants to eligible applicants.

Facebook is offering grants totaling 100 Million in collective relief in cash grants or ad credit to eligible applicants.

Amazon is offering grants up to $10,000 to eligible small business. Businesses must have fewer than 50 employees or less than $7 million in annual revenue.

Local Initiatives Support Corp and Verizon Wireless have paired up together to offer the Verizon Small Business Recovery Fund. Round 1 has closed but there has been discussion about a second round of funding. Find out more here.

Grant Station also has a dedicated resource hub for COVID-19 related grants.

 

#FightingForSmall

For the everyday hero down the block, this fight is for you.

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