COVID-19 Financial Assistance Programs by StateCoronavirus (COVID-19) Financial Assistance Programs...

Coronavirus (COVID-19) Financial Assistance Programs

Overview of Chart Below is a chart that lists COVID-19 financial assistance programs by state. The AAFP does not endorse any of the financial assistance programs below. This is for informational purposes only and is not an exhaustive list. Zenefits.com was the source of this information. State Program Program Description Link to Program Alabama The

#BHAMSTRONG Small Business Loan Fund

Birmingham Business Resource Center is offering loans worth up to $25,000. For-profit businesses with less than 50 employees located within the Birmingham city limits that have been operating for at least one year are eligible to apply.

https://bhamstrong.com/bhamstrongloan

Alabama Central Alabama Community COVID-19 United Relief Fund

The Community COVID-19 United Relief Fund will focus on 501(c)3 nonprofit organizations supporting basic needs and/or health and wellness efforts related to the COVID-19 emergency and its aftermath.

https://cacfinfo.org/give/covid19/

Alabama SBA Coronavirus Relief Loans

The SBA is allowing small businesses statewide to apply for disaster relief loans of up to $2 million with interest rates at 2.75% for nonprofits and 3.75% for small businesses. Repayment can extend up to 30 years.

https://www.sba.gov/funding-programs/disaster-assistance

Alabama Truist Cares for Small Businesses Grants

Truist Financial Corp. is offering grants to small businesses that have experienced substantial losses in recent weeks through their community development financial institutions. Grants range from $5,000 - $25,000 and are only available to businesses with fewer than 10 full-time employees and no more than $1 million in gross revenue.

https://www.ncifund.org/news/newsletters

Alabama Waiver for State Sales Tax Late Payment Penalties

Alabama's Department of Revenue is waiving late fees for sales tax through June 1, 2020 for small retail and hospitality businesses.

https://revenue.alabama.gov/coronavirus-covid-19-outbreak-updates/

Alabama Waiver of Employer Charges for COVID-19 Related Claims

All charges will be waived against those employers who file partial unemployment compensation claims on behalf of their employees for weeks filed due to COVID-19 related issues.

https://www.labor.alabama.gov/news_feed/News_Page.aspx?id=203

Alabama West Alabama Small Business Relief Fund

This Community Foundation of West Alabama fund offered in cooperation with the Chamber of Commerce of West Alabama is offering grants to businesses with 2-50 employees that have experienced financial hardship due to COVID-19.

https://tuscaloosachamber.com/small-business-financial-assistance/

https://bhamstrong.com/bhamstrongloan

https://cacfinfo.org/give/covid19/










Alaska SBA Coronavirus

Relief Loans The SBA is allowing small businesses statewide to apply for disaster relief loans of up to $2 million with interest rates at 2.75% for nonprofits and 3.75% for small businesses. Repayment can extend up to 30 years.


Arizona Arizona COVID-19 Community Response Fund

Arizona Community Foundation is providing immediate and long-term relief grants to nonprofits. Funds will be released on a rolling basis.

https://www.azfoundation.org/GrantsLoans/COVID-19ResourcesforNonprofits.aspx

Arizona Business Loan Deferrals

Most banks in Arizona have adopted a payment deferral program for business loans under guidance from banking regulatory agencies, and many banks are working directly with consumers on payment deferrals for certain consumer loans.

https://azgovernor.gov/governor/news/2020/03/governor-ducey-announces-new-steps-protect-families-and-small-businesses

Arizona Local First Arizona Small Business Relief Fund

Local First Arizona is offering micro-grants to very small businesses facing the impact of COVID-19. Businesses must have 0-3 employees and less than $250,000 in annual revenue. Priority will be placed on business owners with children under 18 at home and families reliant on the business as their sole income.

https://www.localfirstaz.com/small-business-relief-fund

Arizona SBA Coronavirus Relief Loans



Arizona WaFD Small Business Credit Line

Regional bank is offering a 5-year credit line with the first 90 days interest free to businesses who have experienced a 10% drop in revenue. Credit lines can be up to $200,000.

https://www.wafdbank.com/business-banking/coronavirus-business-line-of-credit

Arkansas Bridge Loans The governor of Arkansas has announced funding for midsize companies and nonprofits in the state to continue operation.

https://www.arkansasedc.com/covid19

Arkansas Grants for COVID-19 Response

Mini grants of $1,000 are being provided by Arkansas Community Foundation to nonprofits for general operating support.

https://www.arcf.org/grants-for-covid-19-response/

Arkansas Quick Action Loan Program

The state is offering eligible companies may apply for a loan or loan guaranty of up to $250,000. Priority is given to small to medium-sized companies that are in the supply chain of essential goods and services (including healthcare, food manufacturing, logistics).


Arkansas SBA Coronavirus Relief Loans

The SBA is allowing small businesses statewide to apply for disaster relief loans of up to $2 million with interest rates at























2.75% for nonprofits and 3.75% for small businesses. Repayment can extend up to 30 years.

Arkansas Truist Cares for Small Businesses Grants



Arkansas WFA’s Assistance Fund for Women Owned Small Businesses

$5,000 in grants are available to Arkansas-based small businesses that are 100% women owned. The business must be suffering economic hardship due to COVID-19.

https://womensfoundationarkansas.org/women-owned-faq/

California Berkeley Business Continuity Grants

The City of Berkeley is making grants of up to $10,000 available to Berkeley-based small businesses and nonprofits to enable continuity through and/or beyond the COVID-19 pandemic. Funds must be used to cover payroll, rent, or working capital for the business to cover operational expenses.

https://www.cityofberkeley.info/covid19-business-grants/

California COVID-19 Layoff Aversion Fund

The Workforce Development Board (WDB) of Solano County is issuing grants to help businesses with fewer than 500 employees in the county to avoid layoffs. Applicants must demonstrate a need for layoff aversion support due to the impacts of COVID-19.

https://solanoemployment.org/layoff-aversion-fund

California Employer Assistance Grant Fund

Los Angeles County will provide local small businesses with 2 to 50 employees that have been impacted by the coronavirus pandemic with grants up $10,000. Applications are limited to 150 and offered on a first come, first serve basis. Applications open on April 8, 2020.

https://workforce.lacounty.gov/

California IBank Disaster Relief Loan Guarantee

The California IBank is offer 95% guarantees on loans worth up to $1 million to small businesses in declared disaster areas.

https://www.ibank.ca.gov/small-business-finance-center/

California Los Angeles Small Business Emergency Microloans

Businesses located in LA impacted by the coronavirus outbreak can apply for low-interest loans between $5,000 and $20,000. Repayment can range from 6 months to 5 years. Interest rates can be as low as 0% for 6-month terms.

https://ewddlacity.com/index.php/microloan-program

California Poway Emergency Assistance Recovery Loans

The city of Poway has approved emergency loans for local small businesses impacted by COVID-19. Loans can range from $5,000 to $50,000. Businesses must be independently owned and operated in the City of Poway, with no more than 50 full-

https://poway.org/CivicAlerts.aspx?AID=581








https://workforce.lacounty.gov/







time employees at the time the city declared an emergency on March 18. The city anticipates opening the application process on Thursday, April 23.

California Sacramento Small Business Economic Emergency Relief Loan

A $1 million fund for businesses to borrow up to $25,000 if they were impacted by the coronavirus outbreak. (NOTE: Fund is currently exhausted and not taking new applications. Businesses should check back if additional funding becomes available.)

http://www.cityofsacramento.org/covid19-relief

California San Diego Small Business Relief Fund

The city of San Diego is providing low- to zero-interest loans and grants that range from $10,000 to $20,000 to businesses with fewer than 100 employees. They will be allocated to eligible, qualified small businesses based on the availability of funds.

https://www.sandiego.gov/economic-development/resources/relief

California San Francisco Small Business Resiliency Program

San Francisco businesses with 1-5 employees can apply for $10,000 for employee salaries and rent if they can demonstrate a loss of at least 25% in revenue.

https://oewd.org/covid-19-small-business-resiliency-fund

California SBA Coronavirus Relief Loans



California South County No-Interest Loans for Local Restaurants

South County is providing 0% interest loans of $5,000 to local restaurants impacted by the coronavirus outbreak.

https://www.southcountyedc.com/emergencybusinessloanprogram

California Stanislaus County Bridge Funding

The Stanislaus County Department of Workforce Development will issue $1 million in micro-grants to local businesses with up to 50 employees that have experienced financial hardship due to the COVID-19 pandemic.

https://workforceresource.net/small-business-grants

California SVCF Small Business Relief Fund

The Silicon Valley Community Foundation will provide immediate support to struggling self-employed and small business owners. The loans and grants can come in the form of loan payment relief and affordable capital.

https://www.siliconvalleycf.org/small-business-relief-fund

California Women's Economic Venture's Quick Response Loans

Women's Economic Venture's is offering local small businesses impacted by COVID-19 up to $10,000 in hardship loans with 4.5% interest rates and 36-month term. First payment is deferred for three months.

https://www.wevonline.org/loans-2/quick-response-loans/

Colorado Arvada Loan Fund

Beginning April 13, small businesses can apply for a no-interest loan up to $10,000. If a business pays back 75% of the loan in 2021, the remaining 25% will be forgiven.

https://arvada.org/

Colorado Boulder Chamber COVID-19 Small

The Boulder Chamber of Commerce is proving grants up to $25,000 to locally impacted small businesses. Businesses must

https://boulderchamber.com/covid19sbrf/

















https://arvada.org/

https://boulderchamber.com/covid19sbrf/

Business Relief Fund

have 2 – 50 employees, with principal place of business in the City of Boulder.

Colorado Denver Microloan Program

The city of Denver plans to provide microloans to impacted businesses in the city. Loans will be between $5,000 and $50,000.

https://www.denvergov.org/content/denvergov/en/environmental-health/news/coronavirus-info/support-services.html#business

Colorado Denver Small Business Emergency Relief

The city of Denver plans to issue grants to at least some businesses impacted by the coronavirus outbreak. There are not many details but the website for the program provides a form for small businesses to submit to get connected to resources.

https://www.denvergov.org/content/denvergov/en/environmental-health/news/coronavirus-info/support-services/small-business-emergency-relief-program-form.html

Colorado Mesa County COVID-19 Responder Loan

The Business Loan Fund (BLF) of Mesa County is a lending program operated by the Western Colorado Business Development Corporation (The Business Incubator Center) offering low-interest loans funds for working capital, equipment, and/or inventory to be used to directly support companies responding to the COVID-19 crisis. Businesses and nonprofits are both eligible.

https://gjincubator.org/loan-fund/

Colorado SBA Coronavirus Relief Loans



Colorado Small Business Emergency Relief Grant Program

The town of Superior is offering a grant program will provide either a $5,000 or $10,000 grant to immediately offset some of the economic impact due to the pandemic. The Town is accepting applications from small businesses and restaurants with a brick-and-mortar presence in the community.

https://www.superiorcolorado.gov/Home/Components/News/News/3435/17

Connecticut Connecticut Bridge Loans Program

Connecticut is making one-year bridge loans up to $75,000 with 0% interest to businesses with 100 or fewer employees that have been harmed by COVID-19 and can demonstrate they were profitable prior to the outbreak. Businesses involved with real estate, multi-level marketing, adult entertainment, cannabis, and firearms are ineligible.

https://portal.ct.gov/coronavirus

Connecticut SBA Coronavirus Relief Loans












https://gjincubator.org/loan-fund/





https://portal.ct.gov/coronavirus



Delaware Delaware COVID-19

Strategic Response Fund

Up to $50,000 in grants for non-profits with deep roots in the community and a strong track record of serving people whole are immediately and disproportionately suffering from the crisis are available.

https://www.delcf.org/covid-grants/

Delaware H.E.L.P. No-Interest Loans

Delaware announced no-interest loans up to $10,000 for hospitality businesses that earn less than $1.5 million a year and have been impacted by the coronavirus outbreak. The loans have a 10-year term and payments can be deferred for the first nine months. Local businesses can contact the program to determine eligibility by emailing [email protected] or calling 302-739-4271 with additional questions.

https://news.delaware.gov/2020/03/18/governor-carney-announces-help-program-to-support-delaware-small-businesses/

Delaware SBA Coronavirus Relief Loans



District of Columbia (DC)

DC Small Business Recovery Microgrants

Washington, D.C. has created a $25 million fund for microgrants for small businesses and nonprofits within the district impacted by COVID-19.

https://coronavirus.dc.gov/dc-small-business-recovery-grants

District of Columbia (DC)

Truist Cares for Small Businesses Grants



Florida Escambia County Small Business COVID-19 Recovery Grant Program

Escambia County is providing local for-profit businesses with grants up to $2,500 per applicant or business as a result of a demonstrated economic injury due to COVID-19. Businesses must have had no more than 20 employees employed at the time of the disaster.

https://myescambia.com/covid-19-information-for-escambia-county/small-business-covid-19-recovery-grant-program

Florida Fighting Chance Fund

The city of St. Petersburg is offering up to $5,000 in grants to small businesses located in the city with 25 or fewer employees that have been negatively impacted by the COVID-19 pandemic.

http://www.stpete.org/assistance/fighting_chance_fund.php

Florida Florida Small Business Emergency Bridge Loan

Florida is offering up to $50,000 per loan interest free to small businesses with 2-100 workers if they have been negatively impacted by COVID-19. The loans are intended to be short-term until the business can secure other financing, including SBA loans.

http://floridasbdc.org/disaster/ebl/

Florida The Rebuild Florida Business Loan Fund

$40 million in state and federal funds is available to help with long term economic recovery. The federal fund will assist

http://floridajobs.org/rebuildflorida/businessrecovery

https://www.delcf.org/covid-grants/














http://floridasbdc.org/disaster/ebl/



existing and new businesses that were impacted directly or

indirectly by a disaster to rebuild and expand.

Florida SBA Coronavirus Relief Loans



Florida Truist Cares for Small Businesses Grants



Georgia Fulton County Emergency Loan

Businesses suffering from interruption of normal business activity due to COVID-19 in Fulton County (excluding those in Atlanta) can apply for up to $50,000 at 4% interest with the first three months deferred.

https://aceloans.org/wp-content/uploads/2020/04/Fulton-County-Emergency-Loan-Flyer.pdf

Georgia Small Business Continuity Loan Fund

The City of Atlanta has approved $1.5 million in continuity funding for small businesses. NOTE: The fund is currently closed to new applications but is accepting inquiries.

https://www.investatlanta.com/business-continuity-loan-fund?fbclid=IwAR38Czr0oSL1KkOFwGi-nQYZg48jbD88Gruvvw0WfHzMXjT1PYokK5YZnWw

Georgia SBA Coronavirus Relief Loans



Georgia Truist Cares for Small Businesses Grants



Hawaii SBA Coronavirus Relief Loans



Idaho SBA Coronavirus Relief Loans






















Idaho WaFD Small Business Credit Line



Illinois Chicago Small Business Resiliency Fund

Chicago small businesses (defined as earning less than $3 million a year and fewer than 50 employees) can apply for up to $50,000 low-interest loans if they have experienced at least a 25% drop in revenue due to the coronavirus outbreak.

https://www.surveymonkey.com/r/COVID19Chicago

Illinois Downstate Small Business Stabilization Program

Small businesses of up to 50 employees the opportunity to partner with their local governments to obtain grants of up to $25,000 in working capital. These grants will be offered on a rolling basis.

https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/EmergencySBAIntiatives.aspx

Illinois Illinois Small Business Emergency Loan Fund

The Illinois Department of Commerce and Department of Financial and Professional Regulation will offer small businesses low interest loans of up to $50,000 outside the City of Chicago. To apply businesses must have fewer than 50 workers and less than $3 million in revenue in 2019. Successful applicants will owe nothing for six months and will then begin making fixed payments at a below market interest rate for the remainder of a five-year loan term.


Illinois SBA Coronavirus Relief Loans



Illinois University of Chicago South Side Small Business Support

The University has dedicated $1 million in funding to provide short-term grants up to $7,500 for businesses impacted by the coronavirus outbreak on Chicago's South Side. Eligibility requirements will be posted March 30.

https://coronavirusupdates.uchicago.edu/community-support/

Indiana COVID-19 Emergency SMALL BUSINESS Forgivable LOAN Program

Businesses located within the counties of Clark and Floyd, Indiana are eligible for forgivable loans if they're under 50 employees, have been in business for at least two years, and received previous bank financing. Loans can range from $2,500 to $10,000 and forgivable if the business operates through December 2021.

https://1si.org/app/uploads/2020/03/CFFC-SBRLF-Application-Updated-Covid-19-Emergency-Application_-1.pdf

Indiana Rapid Response Loan Fund

Indy Chamber's Business Ownership Initiative (BOI) is offering bridge loans worth between $1,000 and $25,000 at 3.75% interest for local businesses impacted by COVID-19. These are

https://www.response.indychamber.com/loans





















intended to provide funds until SBA coronavirus relief loans are secured by the borrower.

Indiana SBA Coronavirus Relief Loans



Iowa SBA Coronavirus Relief Loans



Iowa Small Business Relief Grants

The state of Iowa is offering grants between $5,000 and $25,000 to small businesses experiencing a disruption due to COVID-19 and have 2-25 employees. Grant size is determined by losses and number of employees. The state is also offering deferrals on taxes and waivers for penalties and interest.

https://www.iowaeconomicdevelopment.com/our-agency-detail-resources/6710

Kansas SBA Coronavirus Relief Loans



Kentucky SBA Coronavirus Relief Loans



Kentucky Truist Cares for Small Businesses Grants



Louisiana Louisiana Loan Portfolio Guaranty Program

Louisiana Economic Development will offer loans up to $100,000, with interest rates of no more than 3.5%, and no payments for at least 180 days. The loan term can be up to five years for and is for businesses with fewer than 100 employees that have been impacted by the coronavirus pandemic.

https://www.opportunitylouisiana.com/covid19/led-loan-guaranty-program?v=2

Louisiana SBA Coronavirus Relief Loans


















Maine FAME Bridge and

Direct Loans The Finance Authority of Maine is offering direct loans of up to $50,000 with special terms available to Maine-based businesses experiencing interruption or hardship due to COVID-19. It is also providing loans of up to $100,000 with special terms available to eligible borrowers who provide proof of commitment for SBA financing. The FAME loan would be originated for use to the business owner until the SBA loan is funded. The SBA loan would then pay-off the FAME loan.

https://www.famemaine.com/business/programs/covid-19-relief-loan-programs/

Maine FAME Lender Backing

The Finance Authority of Maine will back 50-75% of loans from commercial lenders who make loans to Maine businesses experiencing interruption or hardship due to COVID-19.

https://www.famemaine.com/business/programs/covid-19-relief-loan-programs/covid-19-relief-lender-insurance-program/

Maine SBA Coronavirus Relief Loans



Maryland COVID-19 Layoff Aversion Fund

The state of Maryland has dedicated a $7 million fund to help prevent layoffs among businesses in the state. Businesses can get up to $50,000 to help fund initiatives to prevent layoffs, such purchasing equipment to enable remote work, funding liability insurance for restaurants converting to delivery, and more.

http://www.labor.maryland.gov/employment/covidlafund.shtml?mc_cid=bfaa8f9a17&mc_eid=a04f477a49

Maryland Maryland Small Business COVID-19 Emergency Relief Loan Fund

Maryland is offering loans up to $50,000 with 0% interest for the first year and then 2% interest for the remaining 36 months for impacted businesses with fewer than 50 employees.

https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-loan-fund

Maryland Maryland Small Business COVID-19 Emergency Relief Grant Fund

The state is offering grants up to $10,000 both small businesses and nonprofits with fewer than 50 employees that have been negatively impacted by the coronavirus outbreak.

https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-grant-fund

Maryland SBA Coronavirus Relief Loans



Maryland Truist Cares for Small Businesses Grants



Massachusetts

Boston Resiliency Fund

The city of Boston has raised $25 million in funding to provide to nonprofit organizations who provide immediate support and

https://www.boston.gov/departments/treasury/boston-resiliency-fund























relief to residents of Boston across a spectrum of different needs and priorities.

Massachusetts

Cambridge COVID-19 Emergency Fund

The city of Cambridge is offering one-time grants ranging from $200 to $1,000 will be made available on a rolling basis until funds are depleted. Applicants must be Cambridge residents – or people whose main source of income emanates from Cambridge – Cambridge organizations with 501c3 status, or small businesses in our community with demonstrated loss of opportunity or income.

http://cambridgecf.org/COVID-19-emergency-fund

Massachusetts

2020 Small Business Recovery Loan Fund.

The state is providing emergency capital of up to $75,000 for businesses with fewer than 50 full-time and part-time employees. It is also available to nonprofits. Payments are deferred for the first six months.

https://www.empoweringsmallbusiness.org/

Massachusetts

Small Business Relief Partnership Grant Program

Municipalities and regional planning agencies will be awarded funds up to $50,000 per request to administer or supplement a grant program targeting local small businesses that have been impacted by COVID-19. Grant funds may be used by small businesses to help address fixed debt, payroll, accounts payable, lost sales, lost opportunities, and other working capital expenses that could have been recognized had the COVID-19 pandemic not occurred.

https://www.mass.gov/service-details/small-business-relief-partnership-grant-program

Massachusetts

SBA Coronavirus Relief Loans



Michigan Ann Arbor Area Community Foundation’s Short-Term Cash Flow Loan Program

Short-term loans of $5,000 - $50,000 to local nonprofits are available on a rolling basis. Loans are interest-free. Loans can be used to meet cash flow needs of the organization for a period of up to 180 days.

https://www.aaacf.org/About/News-Updates/All-News/ArticleId/89/short-term-cash-flow-loan-program-description

Michigan COVID-19 Grant Relief Fund for Detroit Small Businesses

Businesses with fewer than 50 employees and less than $1 million in net annual income that have seen a loss due to the coronavirus pandemic can apply for grants worth $2,500 and $10,000 through the Michigan Economic Development Corporation.

http://www.degc.org/local-business-support-for-covid-19/

Michigan Detroit Small Business Stabilization Fund

TechTown will administer working capital grants in amounts of up to $5,000 to qualifying small businesses impacted by the coronavirus pandemic.

https://techtowndetroit.org/?press-release=detsmallbizfund

















Michigan Emergency

Response and Recovery Grant

Berrien Community Foundation and United Way of Southwest Michigan are offering emergency grants that focus on programs doing emergency relief. Applicants are asked to look at their ability to serve over the next 2-4 weeks and describe any needs/gaps in service that they anticipate having in that time frame.

https://www.berriencommunity.org/emergencygrant

Michigan Michigan Small Business Relief Grants

Michigan is offering grants up to $10,000 to support certain small businesses (fewer than 50 employees) statewide that have realized a significant financial hardship as a result of the COVID-19 outbreak. Grants may be used for working capital to support payroll expenses, rent, mortgage payments, utility expenses, or other similar expenses that occur in the ordinary course of business.

https://www.michiganbusiness.org/495144/globalassets/documents/covid19/michigan-small-business-relief-program-grants_final.pdf

Michigan Michigan Small Business Relief Loans

Michigan is offering loans with .25% interest rates for certain small business loans that have realized a significant financial hardship as a result of the COVID-19 outbreak. Loans to eligible borrowers must be $50,000 or more and are capped at $200,000.

https://www.michiganbusiness.org/494fed/globalassets/documents/covid19/michigan-small-business-relief-program-loans_final.pdf

Michigan Small Business Relief Loan Fund

Wayne County and TCF have created a joint fund to provide low-interest loans to businesses in the county hurt by the COVID-19 pandemic. Businesses with fewer than 100 employees or $1 million or less in annual revenue that have experienced a 25% or greater disruption in revenue and are located in a low-income area are eligible to apply. Loans can range from $5,000 to $50,000 with interest rates 2% or less.

https://www.tcfbank.com/waynecounty

Michigan SBA Coronavirus Relief Loans



Michigan Urgent Needs Fund Grand Traverse Regional Community Foundation is providing grants of $5,000 to $15,000 to nonprofits in the region. Funding will generally be available to be disbursed mid-month or at month-end.

https://www.gtrcf.org/give/urgent-needs-fund-grants.html

Minnesota Minneapolis Gap Funds for Small Businesses

Minneapolis is offering forgivable no-interest loans for small business will come in fixed amounts of $5,000 or $10,000, depending on need resulting from the COVID-19 emergency. Companies with 20 employees or less and people who are self-employed are eligible.

http://minneapolismn.gov/coronavirus/gap-funding#business

Minnesota Otto Bremer Trust Community Benefit

The Otto Bremer Trust has set up a $50 million fund for nonprofits and community organizations Minnesota, Wisconsin,

https://ottobremer.org/emergency-fund/











https://www.tcfbank.com/waynecounty








Financial Company Emergency Fund

North Dakota, and Montana. The fund will provide resources in the form of short-term loans, lines of credit, and emergency grants.

Minnesota SBA Coronavirus Relief Loans



Minnesota Small Business Emergency Loans

The state of Minnesota is offering zero-interest loans ranging from $2,500 to $35,000 and based on economic injury and the financial need to specific small businesses impacted by the COVID-19 pandemic.

https://mn.gov/deed/business/financing-business/deed-programs/peacetime/

Mississippi SBA Coronavirus Relief Loans



Missouri COVID-19 Response & Recovery Fund

COVID-19 Response and Recovery Fund Grant Program will award grants on an ongoing basis to agencies across the Foundation’s 58-county service area of central and southern Missouri. Current grantmaking priorities are for programs that serve vulnerable populations affected by the COVID-19 outbreak.

https://www.cfozarks.org/find-grants-scholarships/take-action-apply-for-grants

Missouri SBA Coronavirus Relief Loans



Missouri Truist Cares for Small Businesses Grants



Montana Otto Bremer Trust Community Benefit Financial Company Emergency Fund

The Otto Bremer Trust has set up a $50 million fund for nonprofits and community organizations Minnesota, Wisconsin, North Dakota, and Montana. The fund will provide resources in the form of short-term loans, lines of credit, and emergency grants.


Montana SBA Coronavirus Relief Loans

















Nebraska SBA Coronavirus



Nevada SBA Coronavirus Relief Loans

The SBA is allowing small businesses statewide to apply for disaster relief loans of up to $2 million with interest rates at 2.75% for nonprofits and 3.75% for small businesses. Repayment can extend up to 30 years


Nevada WaFD Small Business Credit Line



New Hampshire

Emergency Healthcare System Fund

The governor of New Hampshire has declared an emergency $50 million fund that can be distributed through grants or loans for hospitals and "other healthcare providers."

https://www.governor.nh.gov/news-media/press-2020/20200319-emergency-order-9.htm

New Hampshire




New Jersey CDFI Emergency Assistance Grant Program and the CDFI Loan Loss Reserve Fund

New Jersey Economic Development Authority (NJEDA) is offering up to $250,000 in grants and taking a first loss position on up to $10 million in loans granted to small businesses through NJ-based Community Development Finance Institutions (CDFIs).

https://faq.business.nj.gov/en/articles/3835240-what-state-assistance-is-available-for-community-development-finance-institutions-cdfis-to-support-small-businesses

New Jersey New Jersey Economic Development Authority (NJEDA) Technical Assistance Fund

New Jersey Economic Development Authority (NJEDA) has made available $150,000 for payments to four local organizations that help small businesses impacted by COVID-19 apply for assistance programs from the SBA. This includes, but is not limited to, preparing financial information, packaging application documentation, and completing and submitting the on-line or paper-based application.

https://faq.business.nj.gov/en/articles/3835241-can-i-get-help-applying-to-federal-or-state-programs-via-the-njeda-emergency-technical-assistance-program

New Jersey New Jersey Small Business Emergency Assistance Grant Program

The New Jersey Economic Development Authority (NJEDA) is offering up to $5,000 in grants to impacted businesses in specific industries with 1-10 full-time employees. The application window is from April 3-10, 2020.

https://faq.business.nj.gov/en/articles/3835237-what-grants-are-available-for-small-and-medium-sized-businesses-via-the-njeda-small-business-emergency-assistance-grant

New Jersey NJEDA Small Business Emergency Assistance Loan

The New Jersey Small Business Emergency Assistance Loan offers up to $100,000 in working capital to small businesses and nonprofits that have been in existence for at least one-year and has less than $5 million in annual revenue. These businesses must have been negatively impacted by the COVID-19 outbreak (including, but not limited to: reduction of business hours,

https://faq.business.nj.gov/en/articles/3835238-what-loans-are-available-to-small-businesses-via-the-njeda-small-business-emergency-assistance-loan































complete closure of business, at least a 20% decline in revenue, employees unable to work, required to close by government, or disruption of supply chain).

New Jersey SBA Coronavirus Relief Loans



New Jersey Truist Cares for Small Businesses Grants



New Mexico NMEDD Guarantee Program

The New Mexico Economic Development Department is guaranteeing a portion of a loan or line of credit up to 80% of principal or $50,000 for small businesses seeking an emergency loan or line of credit.

https://www.tfaforms.com/4810426

New Mexico SBA Coronavirus Relief Loans



New Mexico WaFD Small Business Credit Line



New York COVID-19 Emergency Business Relief Program

The North Country Alliance is offering up to $25,000 in 5% interest loans to small businesses impacted by the coronavirus pandemic.

http://www.northcountryalliance.org/NCA%20COVID-19%20Emergency%20Business%20Program.pdf

New York COVID-19 Unity Response Fund

The Community Foundation of Elmira-Corning and the Finger Lakes, Inc. is offering mini-grants up to $1,000 for local nonprofit organizations.

http://www.communityfund.org/newsroom/2020/3/16/covid-19

New York The Ithaca Tompkins County COVID-19 Small Business Resilience Fund (SBRF)

A fund to provide 0%-interest loans to approximately 75 local businesses began taking applications on April 15. The forgivable loans in the amount of up to $5,000 for working capital to micro-enterprises and small businesses in Ithaca and Tompkins County experiencing hardship related to the COVID-19 pandemic.

https://www.cityofithaca.org/658/COVID-19




https://www.tfaforms.com/4810426














New York NYC Employee

Retention Grant Program

New York City is offering small businesses with fewer than 5 employees a grant to cover 40% of payroll costs for two months to help retain employees. Grants are capped at $27,500.

https://www1.nyc.gov/nycbusiness/article/nyc-employee-retention-grant-program

New York NYC Small Business Continuity Loan Fund

New York City has established a program for businesses with fewer than 100 employees who have seen sales decreases of 25% or more will be eligible for zero interest loans of up to $75,000 to help retain employees and ensure business continuity.

https://www.surveymonkey.com/r/ZL5N8XL

New York SBA Coronavirus Relief Loans



New York Syracuse Economic Development Corporation (SECDO) COVID-19 Emergency Relief Program

The Syracuse Economic Development Corporation (SEDCO) has created a dedicated $500,000 fund to provide zero-percent interest, 180-day emergency loans to small businesses in the City.

http://www.syrgov.net/SEDCO/

North Carolina

The Davie County COVID-19 Response Fund

Davie County nonprofit organizations and agencies who provide a “safety net” for families in this very difficult economic situation may apply for grants up to $5,000.

https://www.daviefoundation.org/davie-county-covid-19-response-fund/

North Carolina

North Carolina COVID-19 Rapid Recovery Loan

North Carolina is offering up to $50,000 in bridge loans for business impacted by COVID-19 intending to secure loans from the SBA. Loan come with six months of no interest and no payments, followed by 48 months of principal and interest payments at 5.5% interest.

https://www.ncifund.org/what-we-do/nc-covid-19-rapid-recovery-loan

North Carolina

One Buncombe Fund

Businesses physically and principally located in Buncombe County that have experienced at least 25% drop in revenue because of COVID-19 can access low-interest loans. Loans are up to $10,000 with no payment due for the first six months. Must have fewer than 50 full- and part-time employees and also agree to provide impact data.

https://www.mountainbizworks.org/one-buncombe-fund/

North Carolina










http://www.syrgov.net/SEDCO/









North Carolina




North Dakota North Dakota Development Fund 30-Day Pause for Payments

The North Dakota Development Fund has suspended all payments for its loan programs for 30 days. This applies to interest and principal.

https://ndresponse.gov/covid-19-resources/covid-19-business-and-employer-resources/covid-19-financial-resources/state

North Dakota Otto Bremer Trust Community Benefit Financial Company Emergency Fund



North Dakota SBA Coronavirus Relief Loans



Ohio Appalachian Growth Capital Loans

Appalachian Growth Capital, LLC is overseeing a fund of loans for small businesses with fewer than 500 employees that have experienced disruption due to the COVID-19 outbreak. Loans can go up to $100,000.

https://appcap.org/agc-support-for-covid-19-loan-inquiries/

Ohio Greater Cleveland COVID-19 Rapid Response Fund

The Greater Cleveland COVID-19 Rapid Response Fund is designed to complement the work of public health officials and expand local capacity to address all aspects of the outbreak as efficiently as possible. The Rapid Response Fund will provide grant awards on a rolling basis to nonprofit organizations.

https://www.clevelandfoundation.org/news/covid-19/response-fund/

Ohio SBA Coronavirus Relief Loans



Ohio Small Business Assistance Program

Delaware County will provide up to three hours of free business counseling from a variety of financial, legal and human resource advisors based in Delaware County. The $30,000 cost to underwrite the program is being covered by a grant partnership between Delaware County and the Delaware County Finance Authority.

https://economicdevelopment.co.delaware.oh.us/delaware-county-small-business-assistance-program/

Ohio Truist Cares for Small Businesses Grants

Truist Financial Corp. is offering grants to small businesses that have experienced substantial losses in recent weeks through their community development financial institutions. Grants range from $5,000 - $25,000 and are only available to businesses with




















fewer than 10 full-time employees and no more than $1 million in gross revenue.

Oklahoma SBA Coronavirus Relief Loans



Oklahoma Tulsa Business Resilience and Recovery Program

The city of Tulsa is providing zero interest loans to provide funding to local small business owners and entrepreneurs affected by COVID-19. Business must have fewer than 50 full time equivalent employees, and at least 1 employee (owners and contract workers do not count toward your FTE total), at least a 25% reduction in revenue and have been operating a business for more than one year.

https://www.tulsaresponds.org/programs#section03

Oregon Hillsboro Small Business Emergency Relief Program

The city has committed $500,000 in grants for small businesses hurt by COVID-19. Preference is given to businesses with fewer than 10 employees, veterans, and minorities.

https://www.hillsboro-oregon.gov/our-city/covid-19/business-resources

Oregon Jade District-Old Town COVID-19 Small Business Response Fund

Small businesses located in the Jade District or Old Town Chinatown of Portland can apply for financial assistance from a $190,000 fund. priority on Asian and Pacific Islander owned businesses. Priority is given to Asian and Pacific Islander owned businesses.

https://www.apano.org/jade-district-covid-19-small-business-response-fund/

Oregon Portland Small Business Relief Fund

The city of Portland has allocated funds to be distributed to small businesses hurt by the COVID-19 outbreak through its economic development arm, Prosper Portland. This includes grants up to $10,000 and zero-interest loans up to $50,000. Eligible businesses must have experienced at least a 25% revenue decline and be under 50 employees.

http://prosperportland.us/wp-content/uploads/2020/03/Resolution-7363.pdf

Oregon SBA Coronavirus Relief Loans



Oregon WaFD Small Business Credit Line



Pennsylvania COVID-19 Working Capital Access Program (CWCA)

The state has established a $60 million fund through the Pennsylvania Industrial Development Authority’s (PIDA) Small Business First Fund for businesses with fewer than 100 employees impacted by the coronavirus outbreak. Loans can go up to $100,000.

https://dced.pa.gov/programs/covid-19-working-capital-access-program-cwca/



















Pennsylvania Montcostrong Small

Business Grant Program

Montgomery County is providing $1 million in economic development funds to provide grants to eligible small businesses with no more than 50 employees. Individual grants will be as high as $25,000 and can be used for payroll, rent, utilities or debt.

https://www.montcopa.org/3508/MontcoStrong-Small-Business-Grant-Progra

Pennsylvania PA Cares Initiative Five regional banks signed on to the PA Cares initiative, which requires banks to commit to the following steps: Expansion of small and medium business loan availability; 90-day grace period for mortgages; 90-day grace period for other consumer loans such as auto loans; 90-day window for relief from fees and charges such as late, overdraft fees; foreclosure, eviction, or motor vehicle repossession moratorium for 60 days; and no adverse credit reporting for accessing relief on consumer loans.

https://www.attorneygeneral.gov/COVID19/

Pennsylvania Pennsylvania Small Business First Fund

Pennsylvania has created a $61 million fund to provide working capital loans of up to $100,000 directly to small businesses and hopefully nonprofits (those that employ 100 or fewer persons). The interest rate is currently 3%, however the PIDA board has the authority to adjust the interest rates and so it is possible the board will act to lower rates to as low as 0%. The program will be administered by the Pennsylvania Industrial Development Authority (PIDA).

http://www.senatorboscola.com/boscola-announces-emergency-response-fund-for-small-businesses/

Pennsylvania SBA Coronavirus Relief Loans



Pennsylvania Truist Cares for Small Businesses Grants



Rhode Island SBA Coronavirus Relief Loans



South Carolina

COVID-19 Relief & Recovery Fund

Coastal Community Foundation of South Carolina is providing flexible relief funding to nonprofits disproportionately impacted by the COVID-19 pandemic and the economic consequences of this outbreak.

https://coastalcommunityfoundation.org/special-initiatives/covid-19-relief-recovery-fund/

South Carolina






















South Carolina




South Dakota SBA Coronavirus Relief Loans



Tennessee SBA Coronavirus Relief Loans



Tennessee Truist Cares for Small Businesses Grants



Texas Business Recovery Loan Program

The program provides local small businesses a short-term (180 day) low interest (fixed rate – 3.25% APR) single-pay note. The APR (Annual Percentage Rate) will be offered for a limited time (through June 30, 2020) and is intended to provide gap financing for businesses awaiting insurance, SBA or other funding in their long-term recovery.

https://www.galvestontx.gov/CivicAlerts.aspx?AID=986

Texas Harris County COVID-19 Forgivable Loan

Harris County businesses can apply for 0% interest loans worth up to $25,000 to mitigate the impact of the coronavirus pandemic. Businesses with a tangible net worth not more than $15 million, and an average net income of $5 million or less after federal income taxes for the preceding two years prior to application.

https://www.hgaldc.com/harris-county-loan/default.aspx?utm_source=harriscountyloan.com&utm_medium=redirect&utm_campaign=harris_county_loan_program

Texas Round Rock Cares The Round Rock Cares fund is providing financial support to local businesses with 50 or fewer full-time personnel and are able to demonstrate a clear financial impact on its operations as a result of COVID-19. NOTE: This fund is currently maxed out but anticipates additional funding soon.

https://rrcommunityfoundation.org/project/round-rock-cares/

Texas SBA Coronavirus Relief Loans




















Texas Small Business Assistance Program

The county of Cedar Park, TX is offering up to $5,000 in grants and $10,000 in loans for local business with no more than 25 employees that have seen at least a 25% decline in revenue due to COVID-19.

https://www.cedarparkchamber.org/small-business-assistance-program

Texas Truist Cares for Small Businesses Grants



Texas WaFD Small Business Credit Line

Regional bank is offering a 5-year credit line with the first 90 days interest free to businesses who have experienced a 10% drop in revenue. Credit lines can be up to $200,000. Only available in Dallas and Austin.


Utah SBA Coronavirus Relief Loans



Utah WaFD Small Business Credit Line

Regional bank is offering a 5-year credit line with the first 90 days interest free to businesses who have experienced a 10% drop in revenue. Credit lines can be up to $200,000. Only available in Dallas and Austin.


Vermont SBA Coronavirus Relief Loans



Virginia Arlington Small Business Emergency GRANT (Giving Resiliency Assets Near Term) Program

Arlington County businesses and nonprofits with less than 50 employees that have experienced sudden financial losses of 35% or more as a result of the COVID-19 pandemic are eligible for grants up to $10,000.

https://www.arlingtoneconomicdevelopment.com/covid-19/grant-information/

Virginia Central Virginia COVID-19 Response Fund

The Community Foundation and the Emergency Management Alliance of Central Virginia is providing rapid support to community organizations and public agencies that are meeting the needs of individuals and families most affected by the coronavirus pandemic. The fund is designed to be flexible in focus as needs change over time, and to complement other resources and responses at the national, state and local levels.

https://www.cfrichmond.org/Leadership-Impact/Central-Virginia-COVID-19-Response#2888145-how-to-apply



















Virginia SBA Coronavirus



Virginia Truist Cares for Small Businesses Grants



Virginia Virginia 30-Day Fund

Pete and Burson Snyder have established a $100,000 fund to distribute up to $3,000 in forgivable loans to businesses with three to 30 employees that are impacted by the coronavirus pandemic.

https://va30dayfund.com/

Washington Pierce County Loan Program for Small Businesses Impacted by the COVID-19 Pandemic

Pierce County passed an emergency ordinance funding loans for small businesses with 10 or fewer employees in the county that have seen at least a 25% reduction in revenue due to the COVID-19 pandemic. Loans can go up to $2,000 per employee but not to exceed $10,000. Applications are not available yet. Interested businesses should reach out the Pierce County Economic Development department.

https://online.co.pierce.wa.us/cfapps/council/model/otDocDownload.cfm?id=9730785&fileName=2020-43%20Ord.pdf

Washington SBA Coronavirus Relief Loans



Washington Shared Work Program

Washington state is offering a shared work program that allows eligible businesses to reduce employee hours by as much as 50% without laying off the employee.

https://www.esd.wa.gov/newsroom/layoff-assistance

Washington Tax Relief Programs Washington state is offering tax relief by temporarily suspending penalties for late payments, pausing audits and other measures.

https://dor.wa.gov/about/business-relief-during-covid-19-pandemic

Washington WaFD Small Business Credit Line



Washington Working Washington Small Business Emergency Grants

Washington state is providing $5 million in funding for grants to businesses impacted by the coronavirus pandemic with up to 10 employees. Grants can be up to $10,000, awarded on a case-by-case basis and will take 4-6 weeks. Nonprofits are not eligible.

http://startup.choosewashingtonstate.com/covid-grants/

West Virginia SBA Coronavirus Relief Loans






https://va30dayfund.com/


















West Virginia Truist Cares for Small Businesses Grants



Wisconsin Dane County Small Business Pandemic Support Program

There is $250,000 of available funding to support Dane County locally owned small businesses with employee retention and to mitigate losses from the COVID-19 pandemic. Grant awards will range from $1,000 to $50,000.

https://fs27.formsite.com/wwbic/bgbnbsl5as/index.html

Wisconsin Otto Bremer Trust Community Benefit Financial Company Emergency Fund



Wisconsin Rock County COVID-19 Emergency Small Business Loan Fund (SBLF)

Rock County is making loans of up to $20,000 available to businesses experiencing financial difficulties due to the global COVID-19 pandemic. These loans will be structured as low-interest, working capital loans with terms that have an ability to extend up to 60-months.

https://www.rockcountyalliance.com/Portals/1/Press%20Release%20County%20Launches%20Emergency%20Small%20Business%20Loan%20Fund%20April%2010%202020.pdf

Wisconsin SBA Coronavirus Relief Loans



Wisconsin The Small Business 20/20 Program

The Wisconsin Economic Development Corporation (WEDC) is offering impacted small businesses two months of payroll and rent expenses, up to a maximum of $20,000 through its community development financial institutions. Funds must be used for rent and payroll expenses, including covering paid leave (sick, family, and other leave related to COVID-19) during the duration of the funding period.

https://wedc.org/wp-content/uploads/2020/03/Small-Business-2020.pdf

Wyoming Jackson Hole Community Emergency Response Fund

The Community Foundation of Jackson Hole have created a $300,000 fund to assist local nonprofits during the coronavirus outbreak.

https://www.cfjacksonhole.org/community-emergency-response-fund-activated/

Wyoming SBA Coronavirus Relief Loans





















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