COVID-19 Business Assistance
The Coronavirus Aid, Relief and Economic Security (CARES) Act that was passed by Congress on March 27 includes various programs and initiatives to provide small business owners, non-profits and other employers with financial assistance related to COVID-19. The CARES Act includes the Paycheck Protection Program, which offers assistance paying utility bills, payroll costs, mortgage interest and rent. Other programs include Economic Injury Disaster Loans and Emergency Grants, and Small Business Debt Relief.
Learn more about the CARES Act here: Guide to the CARES Act
As a result of the CARES Act, the Federal Reserve has created the Main Street Lending Program to provide a total of $600 billion in financing for small and medium-sized businesses. The program’s start date has yet to be announced, but resources are available for you to check eligibility and get ready to apply.
Learn more about the Main Street Lending Program here: Guide to the Main Street Lending Program
If you need further assistance, our Business Advantage Group is ready to take your call. This is fast, friendly service by people who care about the success of your business. Call 888-988-9747 or email firstname.lastname@example.org. Available 8 a.m. – 5 p.m., Monday – Friday.
Other Community Resources
Our local community partners also have gathered resources to assist businesses and non-profits located in their areas. Links to these resources are provided below: