Federal-level loans, grants, and other funding programs to help small-business owners during the COVID-19 crisis.
The PPP is now re-opened through March 31, 2021. Detail on the loan, process, eligibility, and more can be found here.
Comparison of various Federal programs (including PPP, EIDL, and SBA-sponsored programs) and what the eligibility / comparison for each is.
Other Federal and National Resources
Unlocks $25,000 quickly for small businesses with an existing relationship to an SBA Express Lender; small businesses are eligible to apply for this loan until March 13, 2021
The Small Business Administration is offering various forms of debt relief, including payment of principal, interest, and fees on current and new 7(a), 504, and microloans and deferrals (with additional terms).
The Local Initiatives Support Corporation has partnered with Lowe's to offer 900 grants worth ~$18 million as part of LISC's commitment to elevating rural America. Small businesses in a municipality with less than 50,000 people are eligible for funding at the wave of applications on Monday, October 26th. Upcoming Rounds:
November 30 - December 6, 2020; December 29, 2020 - January 5, 2021; January 26, 2021 - February 2, 2021
This resource guide, from the US Senate Committee on Small Business and Entrepreneurship, outlines funding opportunities available from the federal government and provides detailed information about terms and eligibility. Guidance provided on: PPP, Small Business Debt Relief Program, Economic Injury Disaster Loans, and Emergency Economic Injury Grants, Counseling, Contracting, and Tax Provisions.
The HartBeat of Main Street Grant Program will give $5,000 to $15,000 on a competitive first-come basis, prioritizing diverse-owned businesses. The second round closed on October 29, 2020.
SBA loan helping businesses keep their workforce employed. The next round of PPP IS NOW OPEN (through March 31, 2021).
Webinars on all different aspects of concerns in regards to small businesses, updated with relevant info, tips and resources daily.
The SEC has put together a list of resources for small businesses, including funding opportunities.
The SBA offers high-level guidance on funding options and resources