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Arizona
The Arizona Commerce Authority provides a helpful FAQ on financial support for impacted businesses.
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California
The City of Sacramento established a $1 million economic relief fund for businesses that provides 0% interest loans up to $25,000 per business. While the application portal has closed, if new funds are made available, the portal will be reopened. Sign up for updates.
The San Francisco Office for Economic and Workforce Development has posted information and resources for businesses affected by Covid-19. The application window has closed for a relief program that offered small businesses with fewer than five employees up to $10,000 for staff salaries and rent. If more funding is made available, this application may open again.
The City of Los Angeles' Small Business Emergency Microloan Program offers loans from $5,000-$20,000 with 0-3% interest rates.
The Governor's Office of Business and Economic Development has compiled helpful information for employers, employees and all Californians as it relates to the COVID-19 outbreak.
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Colorado
Colorado's Office of Economic Development & International Trade offers a list of state and federal COVID-19 announcements and resources relevant to Colorado businesses.
The Denver Economic Development and Opportunity (DEDO) Small Business Emergency Relief Program will provide cash grants up to $7,500 to qualifying small businesses. Also, here are other Denver Economic Development Site Financing Options.
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Connecticut
2-1-1 CT Organization has dedicated pages that list available resources, such as housing, tax, and legal aid offered to communities in Connecticut.
Connecticut's State website offers updates on guidance and resources specific to small businesses navigating the crisis.
The Amber Grant for Women offers each month $4,000 grants to woman-owned small businesses. Application cutoff for the next Amber grant is April 30, 2020.
The Harford COVID-19 Business Response Program, administered by HEDCO, offers zero-interest Line of Credit up to $20,000 to qualifying minority-owned and women-owned small businesses with 20 or fewer employees. Note: The program has temporarily suspended the application process. Check here should additional funding become available.
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Delaware
Delaware.gov's Division of Small Business Blog contains COVID-19 resources and information for small business owners.
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District of Columbia
DC.gov has a coronavirus recovery page for businesses, including information on the DC Small Business Recovery Microgrants Program, offering grants to small, local businesses to meet short-term financial needs.
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Florida
The Florida Department of Economic Opportunity, in coordination with state and federal partners, provides resources to assist employers and individuals impacted by the state’s efforts to mitigate the spread of COVID-19. To assist small businesses and their employees, loans and short-time compensation programs to bridge the gap are available. To assist individuals, resources including Reemployment Assistance are available. More information can be found here.
The Florida Small Business Emergency Bridge Loan Program, currently available to small business owners statewide with two to 100 employees, offers short-term, interest-free working capital loans intended to “bridge the gap” between the time a major catastrophe hits and when a business has secured longer term recovery resources. Loans available up to $50,000 per eligible small businesses, interest free for one year. Currently the fund is not accepting new applications. If you have previously applied you can check your application status on the website, and if you mailed or emailed your application and you have not received your login credentials, they will be emailed to you once your application is processed.
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Georgia
Georgia.gov's page contains information about support services for businesses during the COVID-19 outbreak such as expanded Supplemental Nutrition Assistance Program benefits and unemployment benefits. In addition, the State has launched an information website to provide guidance to small businesses about COVID-19 support programs.
Invest Atlanta has established a Business Continuity Loan Fund with $1.5 million from the City of Atlanta. The fund will offer eligible small businesses zero-interest loans to address a lack of working capital and cash flows as a result of reduced consumer demand, the ability to fulfill product or service orders and other economic conditions. Due to the high volume of applications, Invest Atlanta is suspending the acceptance of additional applications. Only complete applications will be reviewed and considered at this time.
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Illinois
The State of Illinois provides a list of resources to support small businesses and working families during the COVID-19 outbreak.
In addition, the Illinois Department of Commerce and Economic Opportunity has launched emergency assistance programs for Illinois small businesses, including the Hospitality Emergency Grant Program, Illinois Small Business Emergency Loan Fund, and Downstate Small Business Stabilization Program. Information, including applications, for all these programs can be found here.
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Indiana
The Indiana SBDC COVID-19 resource page lists information on funding, counseling, training and additional resources for impacted small businesses.
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Iowa
The Iowa Economic Development Authority has established various COVID-19 Business Recovery Assistance Programs, including the Iowa Small Business Relief Fund (closed to new applicants as of March 31, 2020), Iowa Business Tax Deferral, TSB Sole Operator Fund, and SBA Disaster Relief Loans, as well as other various programs and resources. Information, including applications, for these programs can be found here.
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Maryland
The $75-million Maryland Small Business COVID-19 Emergency Relief Loan Fund offers loans up to $50,000 with no interest or principal payments due for the first 12 months, then converting to a 36-month term loan of principal and interest payments, with an interest rate at 2% per annum.
The Maryland Small Business COVID-19 Emergency Relief Grant Fund is a $50 million grant program for businesses and non-profits offering grant amounts up to $10,000, not to exceed 3 months of demonstrated cash operating expenses for the first quarter of 2020.
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Massachusetts
Business Equity COVID-19 Emergency Fund (BECEF) offers funding up to $100,000 to Massachusetts based Black and Latinx owned businesses with revenues of at least $250,000, which are particularly vulnerable to the financial hardships resulting from the coronavirus crisis. Note: Not accepting applications at this time. Check back for updates on submission deadlines.
Eastern Bank Impact Loan and Charitable Fund is a $10M program that will provide $3M in financial supports to area nonprofit partners Eastern Bank Charitable Foundation, and $7M in loans to customers and small businesses.
Mass.gov offers resources to help the business community navigate the COVID-19 outbreak. Due to the availability of EIDL funds, the State is no longer accepting applications to the Small Business Recovery Loan Fund at MGCC as of March 19th.
Philanthropy Massachusetts provides list of non-state relief and funding resources.
The Manufacturing Emergency Response Funding offers up to $80,000 workforce training grants to manufacturers and contributing companies within Massachusetts to support the expansion of their production capabilities to make Personal Protective Equipment (PPE) equipment.
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Michigan
The Michigan Small Business Relief Program will allocate $10 million in small business loans and $10 million in grants to local business owners.
The Michigan Economic Development Corporation offers additional resources and information for small businesses.
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Minnesota
Minnesota's Department of Employment and Economic Development is providing interest-free emergency loans from $2,500-$35,000 to businesses in need.
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Missouri
Missouri's Department of Health and Senior Services provides guidance and resources for businesses navigating the COVID-19 crisis.
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Nevada
The Community Foundation of Western Nevada is setting up a Covid-19 Relief Fund. Details are still not available, but will be provided there.
The Nevada Health Response website has compiled resources offering guidance to the state's employers and workforce.
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New Hampshire
The New Hampshire Division of Economic Development has compiled a comprehensive list of resources for small businesses.
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New Jersey
Burlington County Joint Small Business Loan Program will provide working capital loans up to $10,000 for each job retained, to a maximum of $50,000 at 2.4375% interest rate, which is 75% of the Prime Rate currently set at 3.25%. In addition, Burlington County outlines existing financial assistance programs, including Burlington County Small Business Direct Loan ($50K and under), Burlington County Small Business Loan ($50K-$200K) Fund Program, and Burlington County Route 130 Revolving Loan Fund Program ($125K -$2M).
NJ.gov has created a helpful FAQ page for impacted businesses seeking guidance and economic assistance through their existing and COVID-19 emergency programs. Please be advised that based on applications already submitted, applications for the NJEDA Small Business Emergency Assistance Grant program are now closed, and that funding for the NJEDA Small Business Emergency Assistance Loan program is now oversubscribed. NJEDA advises for applicants to continue to apply to the NJEDA Small Business Emergency Assistance Loan program should additional funding become available.
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New York
Empire State Development has a useful coronavirus FAQ for businesses.
The City of New York outlines financial assistance programs available to impacted businesses. If you would like to be updated about any new local, state or federal financial assistance programs that become available, please sign up to receive updates from NYC SBS. Note: The NYC Small Business Continuity Loan Fund has paused application intake and the NYC Employee Retention Grant Program is no longer accepting applications.
The Emergency Small Business Relief Loan Fund launched by the Renaissance Economic Development Corporation offers capital loans up to $50,000. If interested, please fill out the COVID-19 Emergency Loan Fund form.
The Hebrew Free Loan Society Program provides interest-free loans of $2,000-$5,000 to residents of NYC, Westchester, or Long Island who are facing financial challenges, including small business losses, caused by the Coronavirus outbreak.
The Hello Alice Business for All Fund will provide small business owners up to $50,000 in grants, including $10,000 emergency grants to be awarded on a rolling basis.
The New York State Common Retirement Fund is putting $50 million toward Paycheck Protection Program (PPP) loans for small businesses harmed by the coronavirus pandemic. The loans are up to $350,000 per applicant and 25% must go to minority- and women-owned businesses. Learn more here.
New Programs
Monroe County Emergency Small Business Support Program provides no-interest loans up to $10,000. Application instructions available here.
The Bring Back Brooklyn Fund, launched by the Brooklyn Chamber of Commerce, will offer no-interest loans up to $30,000. Learn more here.
The Erie County Industrial Agency’s RDC is offering disaster relief business loans to qualified Erie County businesses affected by the COVID-19 shutdown. Loan amounts range from $10,000 to $50,000 at an interest rate of 2.5%.
The North Country Alliance’s COVID-19 Emergency Business Relief Program offers loans of up to $25,000 at 5% interest are available to businesses in the following counties: Jefferson, Lewis, St. Lawrence, Clinton, Essex, Franklin and Hamilton. View the program fact sheet and application information.
The North Star Fund has compiled a list of the programs that are offering support and funding to New York based non-profits.
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North Carolina
NC COVID-19 Rapid Recovery Lending Program for Small Businesses helps small businesses bridge the gap between when crisis strikes and when federal loans, insurance payouts, and other relief funds are approved, or businesses have time to recover. NC COVID-19 Rapid Recovery loans are not designed to be a singular source of assistance for small businesses and repayment is expected either from more permanent funding sources or from the future cash flow of the business. The Program has received applications in excess of current funding and is actively seeking additional funding to expand the program. Applications already submitted are being processed in the order they were received. Borrowers are welcome to continue to apply and applications will be reviewed as additional funding becomes available.
The Economic Development Partnership of North Carolina offers a Business Relief Resource Guide, information on low-interest lenders, and more.
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Oregon
Business Oregon offers resources on topics including business planning and financial assistance.
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Pennsylvania
The Pennsylvania Chamber of Business and Industry has a website dedicated to Business Resources for Coronavirus.
Pennsylvania's Department of Community & Economic Development provides useful guidance and FAQs for businesses, along with information on funding & programs.
Philadelphia's COVID-19 Small Business Relief Fund is providing immediate relief to local small businesses in the form of grants and zero-interest loans.
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South Carolina
South Carolina Business One Stop has prepared a Coronavirus Partner Contact Guide for impacted businesses.
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Tennessee
Tennessee's Department of Economic & Community Development has a page dedicated to Covid-19 updates for small businesses.
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Texas
The Texas Restaurant Relief Fund will distribute grants of up to $5,000 to immediately support restaurants' financial needs. Applications will be processed in a first come, first served basis as the program raises funds.
Texas Economic Development shares a list of resources, updates, and business FAQs.
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Virginia
Virginia.gov's coronavirus resource page includes a section on support for small businesses.
The Emergency Layoff Aversion Assistance Program offers grants up to $7,500 to help with small business in Arlington County or Alexandria City affected by the COVID-19 pandemic. The Application Window is currently Closed.
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Washington
Governor Jay Inslee's office has a detailed resource page for impacted Washington businesses and workers, including guidance on financial assistance.
Amazon has established a Neighborhood Small Business Relief Fund offering grants for qualified small businesses in Seattle and Bellevue with fewer than 50 employees or less than $7 million in annual revenue.