A new round of COVID-19 relief for small businesses begins this week.
The Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act authorizes up to $284 billion to assist eligible businesses.
The new provisions include funding opportunities such as:
The First and Second Draw Paycheck Protection Program for new borrowers and certain existing borrowers
Expanded Economic Injury Disaster Loan options
A new grant for live venues
As before, business owners will apply through approved lenders. More details are available here.
The Small Business Administration also issued specific guidelines for minority, underserved, veteran, and women-owned employers.
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Paycheck Protection Program re-opens, additional Covid relief measures available for hard-hit businesses
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A new round of COVID-19 relief for small businesses begins this week.
The Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act authorizes up to $284 billion to assist eligible businesses.
The new provisions include funding opportunities such as:
The First and Second Draw Paycheck Protection Program for new borrowers and certain existing borrowers
Expanded Economic Injury Disaster Loan options
A new grant for live venues
As before, business owners will apply through approved lenders. More details are available here.
The Small Business Administration also issued specific guidelines for minority, underserved, veteran, and women-owned employers.