COVID-19 – Small Business Resources

+ FEDERAL GOVERNMENT SUPPORT

Coronavirus Aid, Relief, and Economic Security (CARES) Act

Summary of the CARES Act
The Small Business Owner's Guide to the CARES Act (from U.S Senate Committee on Small Business and Entrepreneurship)
Small Business Provisions in Coronavirus Aid, Relief, and Economic Security (CARES) Act [PDF]
U.S Department of the Treasury CARES Act
Summary of Bipartisan Agreement on "CARES" Act (Allegheny Conference)

US Department of Labor

Families First Coronavirus Response Act (FFCRA or Act)
Federal Employee Rights: Paid Sick Leave and Expanded Family and Medical Leave under The Families First Coronavirus Response Act (FFCRA) (U.S. Department of Labor)

Federal Small Business Financial Support
SBA COVID-19: Small Business Guidance & Loan Resources

Paycheck Protection Program (PPP)

Economic Injury Disaster Loans and Loan Advance (EIDL)

EIDL Application and Loan Advance
US Chamber's Small Business Guide and Checklist for Coronavirus Emergency Loans
Cardin, Bipartisan Senate Task Force Secure $377 Billion for Small Businesses (U.S. Senate Committee on Small Business & Entrepreneurship)
Federal resources for small businesses navigating the coronavirus crisis
Forbes: Getting Cash for Your Small Business Through the CARES Act

U.S. Chamber's Guide on Federal Loan Programs here:

Federal Resources for Small Businesses

+ NATIONAL GRANT AND LOAN PROGRAMS

Facebook Small Business Grants Program announced it will be providing $100 million in cash grants and ad credits for up to 30,000 eligible small businesses in 30 countries. More information on this program can be found here:
https://www.facebook.com/business/grants
The company also has a Business Resource Hub that includes free information for small businesses on how to deal with impacts from COVID-19, best practices, and a self-assessment tool that you can download. That site is here:
https://www.facebook.com/business/boost/resource
Samuel Adams and the Greg Hill Foundation announced they are bringing the Restaurant Strong Fund to 20 total states to aid the restaurant workers impacted by the COVID-19 closures.
To qualify, an applicant must:
- Submit a completed Application Form
- Be a Full-time employee (Minimum of 30 hours total per week, can be multiple restaurants)
- Be Employed for 3 months or longer at the same location
- Have worked in a restaurant, bar, cafe or nightclub located in one of the 20 states (including Florida)
- Submit the last two full-time pay stubs
More information and applications available at:
https://www.restaurantstrong.org/index.html
The Save Small Business Fund, an initiative of the U.S. Chamber of Commerce Foundation, opens on April 20th. Funded by corporate and philanthropic partners, the Save Small Business Fund is a collective effort to provide $5,000 grants to as many small employers as it can.
Criteria include: 1) Employs between 3 and 20 people; 2) Be located in an economically vulnerable community; and 3) Have been harmed financially by the COVID-19 pandemic.
More information and applications at:
https://savesmallbusiness.com/#apply
The James Beard Foundation Food and Beverage Industry Relief Fund is providing critical financial assistance to small, independent restaurants that, due to the COVID-19, have an immediate need for funds to pay set operating expenses and keep from going out of business.
The fund exhausted its initial round of funding but you can encouraged to keep checking their website for when the program re-opens. More information here:
https://www.jamesbeard.org/relief
The Bartender Emergency Assistance Program was created by the USBG National Charity Foundation to assist bartenders or family members impacted by catastrophic events.
More information on program criteria and applications is available at: https://www.usbgfoundation.org/beap

+ STATE & LOCAL FINANCIAL SUPPORT & RESOURCES