COVID19 SMALL BUSINESS GRANTS AND LOANS PROGRAMS

Hey bosses, as we are in the middle of dealing with a pandemic I know a lot of businesses are affected by COVID-19, I also know a lottttttt of small businesses are not aware of ALL the small business grants and loans out there that are available to small businesses.

I have applied for over 5 grants and 2 small business loans. And the best part is both of these loans are forgivable because I will be using the funds for payroll as well as other business expenses.

So I decided to create this post of the exact link of some of the COVID-19 small business grants and loans that you guys can take full advantage of and hopefully get the help you need to get your business back on track. Check them out and please apply.

PPP- PAYCHECK PROTECTION PROGRAM

The PPP is an SBA loan that helps small businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Click HERE to find a lender to apply. I applied through my business bank, Bank of American, and my merchant Square and I was approved through square within 24hrs….. If you use Square to accept payments I would highly suggest going to your square dashboard and apply through them because they are a lottttttt quicker. Like I said I was approved within 24hrs. I am still waiting for a final review from the SBA but Square seems to be moving a lot faster than any other lender.

CLICK HERE TO APPLY

EIDL- ECONOMIC INJURY DISASTER LOAN AND ADVANCE

The SBA has reopened the portal and receiving new applications for the EIDL. CLICK HERE TO APPLY.

In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories were able to apply for an Economic Injury Disaster Loan advance of up to $10,000. This advance is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan advance will not have to be repaid.

SBA has resumed processing EIDL applications that were submitted before the portal stopped accepting new applications on April 15 and will be processing these applications on a first-come, first-served basis. SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis only to provide relief to U.S. agricultural businesses. CLICK HERE TO APPLY.

FACEBOOK SMALL BUSINESS GRANT PROGRAM

CLICK HERE TO APPLY

The Facebook Small Business Grants are to help you if your business may be experiencing disruptions resulting from the global outbreak of COVID-19. Click HERE to apply.

TAILWIND SMALL BUSINESS RELIEF PROGRAM

CLICK HERE TO APPLY

The Tailwind team established a $1 million Small Business Relief Program to help small businesses make the most of this difficult time. Click HERE to apply.

LENDER AND CORPORATE SMALL BUSINESS ASSISTANCE PROGRAMS

A lot of banks have offered deferment and forbearance to business loan customers who are having a hard time making payments. Click HERE for a list of banks on Forbes who are offering relief. Or find your bank on the American Bankers Association’s list HERE of coronavirus response programs.

EVEN MORE GRANTS

Hello Alice teamed up with Verizon and offering emergency grants of up to $10,000 for companies impacted by the coronavirus pandemic. Click HERE to apply.
Google is also offering $340 million in advertising grants for small/medium businesses, the credit will be added automatically to Google Ads accounts. Click HERE to apply.
Verizon assigned $5 million to the Local Initiatives Support Corporation to distribute via grants to small businesses. YOU MUST APPLY BY APRIL 28TH and you can register to be notified on their website HERE.
GoFundMe has teamed up with Intuit QuickBooks, Yelp, GoDaddy, and Bill.com to give small businesses a $500 grant if they raise at least $500 on GoFundMe. Click HERE to apply.
Thanks to a $1 million grant from Sam’s Club, LISC will provide the emergency assistance that small businesses desperately need to stay afloat. They will deploy grants to help them bridge the financial gap, and deliver technical assistance to help them navigate the intricate web of public and private resources. Apply HERE. MUST APPLY BY APRIL 28TH
Businesses in Bellevue, Wash. and the South Lake Union and Regrade neighborhoods of Seattle can apply HERE for Amazon’s $5 million funds. Amazon will determine on a case-by-case basis the amount of the grant your business qualifies for. Only businesses with 50 employees or less or that take in less than $7 million in annual revenue, qualify.

STATE OF GEORGIA: PUA PANDEMIC UNEMPLOYMENT ASSISTANCE

This one is for the State of Georgia Small Business Owners, I’m pretty sure every state is offering this option as well so I would suggest checking your State’s Unemployment website. But a lotttttt of small business owners are not aware that they CAN apply for unemployment if they business is not bringing in an income at this trying time. So CLICK HERE to learn all about the PUA program and CLICK HERE to apply.

HERE’S A SCREENSHOOT AND MORE DETAILS OF THE PROGRAM

I truly hope you find this post helpful and PLEASE take a look at each opportunity carefully and apply as soon as possible as they are on first come, first serve.

Outside of Covid-19 Crisis, the SBA does offer a lot more tools and recourses on small business grants, click HERE for more options.

keep up with my weekly money post, here.