COVID-19 Loan Resource Guide
Information on federal, state and local financial assistance programs
implemented in response to the Coronavirus pandemic.
CARES Act Fundamentals
The Coronavirus Aid, Relief, and Economic Security (CARES) Act that Congress passed March 27, 2020 offers qualified small businesses, including sole proprietors, independent contractors, and certain nonprofits, financial assistance via the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) programs. The initial funds for the PPP and EIDL programs were exhausted within about two weeks after the CARES Act went into effect.
The President signed H.R. 266 April 24, 2020 replenishing funds. SBA approved lenders are accepting PPP applications now. The SBA will resume accepting PPP applications from lenders April 27, 2020 at 10:30am. EIDL program loans and advances are now limited to small agricultural businesses.
PPP loan forgiveness application and instructions now available via SBA – click here.
Our goal is to offer information on federal, state and local loan, grant, forbearance and similar programs as the information becomes known to us. By submitting your contact information, you will be added to our email list to receive these updates.