Show/Hide

Click here for COVID-19 operational adjustments, updates, and resources.

Business Assistance

Print
Press Enter to show all options, press Tab go to next option

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 Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. The deadline to apply for the loan is August 8, 2020. The Small Business Administration will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses. For more information about PPP loan forgiveness, click here

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.