COVID-19 Resources

As developments continue to unfold in response to the spread of COVID-19, we know many small businesses have questions about implications in the workplace and funding options to help bolster their businesses during this difficult time. We are compiling relevant tips and resources and  information on new funding opportunities and policy developments that we are sharing on our website and through online presentations. We will be posting daily updates to this page with useful information about the ways small businesses can prepare for the impact of COVID-19 on their business and community.

COVID-19 home Emergency loans & grants Other COVID-19 resources

SBA - U.S. Small Business Administration

PPP Loan Forgiveness Forms and FAQ

The SBA recently released its PPP Loan Forgiveness Application form. We are providing highlights and examples from the form below to help guide you through the process. If you have specific questions not covered here, please ask on our Community page where you can engage with business experts and other small business owners. 

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SBA - U.S. Small Business Administration

Paycheck Protection Program

* UPDATE - Funding for this program was restored on 4/23 by Congress and the program relaunched on 4/27. We advise submitting an application as soon as possible through a participating bank. *

The CARES Act includes $350 billion for federally guaranteed loans for small businesses, sole proprietors, self-employed individuals and independent contractors affected by the COVID-19 crisis. These loans can be forgiven if the proceeds are spent on payroll, benefits, mortgage interest, rent and utilities. SBA has issued interim rules for both employer businesses as well as the self-employed that answer many questions on determining eligibility and other components of these programs.

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Small Business Majority

Paycheck Protection Program lenders

Below is a list of lending institutions that we believe are accepting PPP applications from new clients. We advise checking with your existing bank to see if they are offering PPP, or using the SBA’s lender search feature to find a lender near you. We are updating this list daily; however, this list is not exhaustive, nor are we able to verify at this time that the institutions listed below are successfully processing PPP applications. We will update this list as we learn more.

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SBA - U.S. Small Business Administration

Paycheck Protection Program: For self-employed and independent contractors

The SBA has issued additional guidance around how self-employed individuals and independent contractors can qualify for the Paycheck Protection Program.

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SBA - U.S. Small Business Administration

SBA Economic Injury Disaster Loan

* UPDATE - The portal is reopen for agricultural businesses. The SBA is closing the application to other types of businesses. Existing applications are being processed on a first-come, first-served basis. Check the SBA website for more information. *

The Small Business Administration is providing disaster relief loans for small businesses suffering economic injury as a result of the COVID-19 crisis. These are working capital loans intended to replace revenues lost as a result of the disaster.

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Intuit

Intuit Aid Assist

Intuit Aid Assist—a free service for everyone—helps U.S.-based businesses, self-employed, contractors, freelancers, and gig workers understand different business relief programs available due to the COVID-19 crisis. Start with a loan eligibility assessment or get an estimate with loan calculators.

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