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Business Assistance

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Here is a variety of National, State and Local resources and relief options that focus on assisting the small business community during this unprecedented crisis.  Visit our Business Recovery & Reopening section to help you plan, prepare and fund your business' reopening.

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, which contains $376 billion in relief for American workers and small businesses. The U.S. Small Business Administration (SBA) has developed the following temporary programs, in addition to traditional SBA funding programs, to assists in overcoming the challenges created by this health crisis.

 

List of lenders partnering with the Small Business Administration 

Click here to locate a Paycheck Protection Program Lender near you.

The Main Street Lending Program is designed to help credit flow with medium and small sized businesses that were in good financial condition, but now need loans to help recover and adapt to the impacts of the COVID-19 pandemic. For more information or to apply, click here

The Families First Coronavirus Response Act reimburses small to midsize employers through two refundable payroll tax credit programs designed to fully reimburse employers for the cost of providing COVID-19 leave to employees.

The Local Initiatives Support Corporation (LISC) Small Business Grant will be accepting applications to provide financial relief for small businesses impacted by COVID-19 starting July 27, 2020. To learn more or register to be notified once applications are being accepted, click here.

Treasury, IRS and Labor has launched the Employee Retention Credit that is designed to encourage businesses to keep employees on their payroll. The refundable tax credit is available for businesses financially impacted by COVID-19.

The Small Business Administration and Treasury have released the Paycheck Protection Program Loan Forgiveness Application. The form and instructions inform borrowers how to apply for forgiveness of their PPP loans consistent with the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

For latest resources, guidance and insights to protect and assist American businesses, workers and families, visit the U.S. Chamber of CommerceJoin the webinars being offered to employers discussing their most pressing business problems, solutions and support.