In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000.
The US Senate Committee on Small Business and Entrepreneurship has produced an FAQ for small businesses interested in more information about the Paycheck Protection Plan.
Applications for the SBA Forgivable Loan that was recently enacted (CARES Act) are now available. Applicants should check the box at the bottom of the Economic Injury Disaster Loan application to access the $10,000 grant.
File a claim for unemployment, disability, or paid family leave benefits or find job services and training.
Fraud Alert: The Office of Inspector General for the federal Small Business Administration, is alerting the public about potential fraud schemes related to economic stimulus programs, including, but not limited to, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). With the CARES Act being the largest financial assistance bill to date, “Fraudsters have already begun targeting small business owners during these economically challenging times. Be on the lookout for grant fraud, loan fraud, and phishing.