Alternative Small Business Disaster Relief—Private & State Programs
If you have a business, you have, most likely, felt the effects of the coronavirus pandemic in your finances.
That’s why public and government institutions are creating relief programs designed to help small businesses survive this health crisis.
In this article, you will find all the programs that, to this date, have been created to help small business owners. You will find both programs offered by specific institutions and by different states and cities.
| Table of contents |
|---|
| 1. COVID-19 Small Business Relief Programs by STATE and CITY 2. COVID-19 Small Business Relief Programs by INSTITUTION |
COVID-19 Small Business Relief Programs by STATE and CITY
Alabama
Birmingham: The Birmingham Strong Emergency Loan Fund: https://bhamstrong.com/smallbusinessresources
California
Los Angeles: Small Business Emergency Microloan Program: https://ewddlacity.com/index.php/microloan-program
Oakland: Oakland County Economic Development – COVID 19 Business Relief & Resources: https://www.oakgov.com/advantageoakland/business/OneStopShop/Pages/OSSBC-Coronavirus-Resources.aspx
Sacramento: Economic relief fund: http://www.cityofsacramento.org/covid19-relief
San Diego: Small Business Relief Package: https://www.sandiego.gov/mayor/news/releases/San-Diego-Enacts-Emergency-Moratorium-on-Evictions-Creates-Relief-Fund-for-Local-Businesses
San Francisco: San Francisco COVID-19 Small Business Resiliency Fund: https://oewd.org/covid-19-small-business-resiliency-fund
Colorado
COVID-19 Small Business Response Resources: https://www.coloradosbdc.org/covid/
Denver: Denver Economic Development and Opportunity’s emergency relief program: https://www.denvergov.org/content/denvergov/en/city-of-denver-home/news/2020/denver-announces-initial-economic-relief-package-for-businesses-.html
Park County: COVID-19 Relief Resources: https://parkco.us/758/COVID-19-Relief-Resources
Florida
The Florida Small Business Emergency Bridge Loan Program: https://floridadisasterloan.org/
Georgia
Atlanta: COVID-19 Response and Recovery Fund: http://cfgreateratlanta.org/nonprofits/available-grants/covid-19-response-recovery-fund/
Illinois
Illinois Department of Commerce: Covid-19 Information for Small Business: https://www2.illinois.gov/dceo/SmallBizAssistance/Pages/Coronavirus-Disease-2019-(COVID-19)-Information-for-Small-Business.aspx
Chicago: Chicago Small Business Resiliency Loan Fund: https://www.chicago.gov/city/en/depts/mayor/press_room/press_releases/2020/march/SmallBusinessReliefPackage.html
Iowa
Iowa Small Business Relief Program: https://www.iowaeconomicdevelopment.com/our-agency-detail-resources/6710
COVID-19: Iowa Business Recovery Assistance: https://www.iowaeconomicdevelopment.com/businessrecovery
Maryland
Maryland Small Business COVID-19 Emergency Relief Grant Fund: https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-grant-fund
Maryland Small Business COVID-19 Emergency Relief Loan Fund: https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-loan-fund
Maryland COVID-19 Emergency Relief Manufacturing Fund (Specific for the manufacturing industry): https://commerce.maryland.gov/fund/maryland-covid-19-emergency-relief-manufacturing-fund
Massachusetts
Massachusetts Small Business Recovery Loan Fund: https://www.mass.gov/news/baker-polito-administration-announces-10-million-small-business-recovery-loan-fund
Michigan
Michigan Small Business Relief Program: https://www.michiganbusiness.org/covid19/
Minnesota
Interest-free emergency loans: https://mn.gov/deed/business/financing-business/deed-programs/peacetime/
New Mexico
COVID-19 Business Loan Guarantee Program: https://gonm.biz/about-us/covid-19-response
New York
New York City:
Assistance & Guidance for Businesses Impacted Due to Novel Coronavirus: https://www1.nyc.gov/site/sbs/businesses/covid19-business-outreach.page?_ga=2.36816544.160324934.1584653867-1424255699.1584398471
NY Abrons Art Center COVID-19 Relief Resources (Specific for the art industry): https://www.abronsartscenter.org/artist-relief-resources/
New York City Employee Retention Grant Program: https://www1.nyc.gov/site/sbs/businesses/covid19-business-outreach.page
New York City Small Business Continuity Fund: https://www.surveymonkey.com/r/N336ZYB
Syracuse: COVID-19 Emergency Relief Program for Small Businesses: http://www.syrgov.net/SEDCO_Home.aspx
North Carolina
North Carolina Business Relief Resources – COVID-19: https://edpnc.com/nc-business-relief-resources-covid-19/
Oregon
Beaverton: Beaverton Emergency Business Assistance Program: https://www.beavertonoregon.gov/FormCenter/Business-Assistance-25/Emergency-Business-Assistance-Program-Ap-143
Hillsboro: Hillsboro Small Business Emergency Relief Program: https://www.hillsboro-oregon.gov/our-city/covid-19/business-resources
Jade District: Jade District-Old Town COVID-19 Small Business Response Fund: https://www.apano.org/jade-district-covid-19-small-business-response-fund/
Pennsylvania
Philadelphia: COVID-19 Small Business Relief Fund: https://www.phila.gov/programs/philadelphia-covid-19-small-business-relief-fund/?mc_cid=e610c84755&mc_eid=0e0c66297c
Tennessee
Tennessee Department of Economic & Community Development: https://www.tn.gov/ecd/covid-19-small-business-resources.html
Utah
Salt Lake City: Emergency loan program: https://www.slc.gov/ed/elploan/
Virginia
Virginia Tourism Industry COVID-19 Business Resources (specific for the tourism industry): https://www.vatc.org/grants/cv19businessresources/
Washington
Seattle: Business Stabilization Fund: http://www.seattle.gov/office-of-economic-development/small-business/small-business-programs-/stabilization-fund-/faq
West Virginia
COVID-19 Business Relief Resources and Information: https://westvirginia.gov/covid19/
Wisconsin
The Wisconsin Economic Development Corp. Small Business 20/20: https://wedc.org/programs-and-resources/small-business-2020/
COVID-19 Small Business Relief Programs by INSTITUTION
A
Ally
Type of institution: Bank
Link to program:
https://www.ally.com/coronavirus-response
Amazon Neighborhood Small Business Relief Fund
Type of institution: Private
Link to program:
https://amazonsmallbusinessrelief.force.com/SelfRegisterPage
American Bankers Association
Type of program: Federal
Link to program:
https://www.aba.com/about-us/press-room/industry-response-coronavirus
American Expres
Type of institution: Bank
Link to program:
https://www.americanexpress.com/us/customer-service/financial-hardship.html
B
Bank of America
Type of institution: Bank
Link to program:
https://about.bankofamerica.com/promo/assistance/latest-updates-from-bank-of-america-coronavirus
BBVA USA
Type of institution: Bank
Link to program:
https://www.bbvausa.com/special/covid19.html
C
Capital One
Type of institution: Bank
Link to program:
https://www.capitalone.com/coronavirus/
CARES Act
Type of program: Federal
Link to program:
https://www.congress.gov/bill/116th-congress/house-bill/748/text
CARES Act, Paycheck Protection Program (PPP)
Type of program: Federal
Link to program:
https://www.sba.gov/funding-programs/loans/paycheck-protection-program
Chase
Type of institution: Bank
Link to program:
https://www.chase.com/digital/resources/coronavirus?jp_cmp=rb/CV/off/stayconnected/na
Citibank
Type of institution: Bank
Link to program:
https://online.citi.com/US/JRS/pands/detail.do?ID=covid19
CORE Gives:
Type of institution: Org
Is it specific for any industry? Food and Beverage
Link to program:
COVID-19 CARES Act Relief Resources
Type of program: Federal
Is it specific for any industry? Travel
Link to program:
https://www.ustravel.org/toolkit/covid-19-cares-act-relief-resources
D
Discover
Type of institution: Bank
Link to program:
https://www.discover.com/coronavirus/
F
Facebook Small Business Grants Program
Type of institution: Private
Link to program:
https://www.facebook.com/business/boost/grant
Federal Income Tax Filing and Payment Deadline Extension
Type of program: Federal
Link to program:
https://www.irs.gov/newsroom/payment-deadline-extended-to-july-15-2020
Fifth Third Bank
Type of institution: Bank
Link to program:
https://www.53.com/content/fifth-third/en/alerts/covid-support.html
G
Goldman Sachs, Global Small Business Stimulus Package
Type of institution: Bank
Link to programs:
Goldman Sachs partnered with the City of New York for the NYC Small Business Continuity Loan Program:
https://www1.nyc.gov/nycbusiness/article/nyc-small-business-continuity-loan-program
They also helped fund the Chicago Small Business Resiliency Fund:
https://www.chicago.gov/city/en/sites/covid-19/home/chicago-small-business-resiliency-fund.html
H
HSBC USA
Type of institution: Bank
Link to program:
https://www.us.hsbc.com/coronavirus-update/
Huntington
Type of institution: Bank
Link to program:
https://www.huntington.com/coronavirus
M
Marcus by Goldman Sachs
Type of institution: Bank
Link to program:
https://www.marcus.com/us/en/media/blogs/info-on-covid19
O
OFW Emergency Fund:
Type of institution: Org
Is it specific for any industry? Food and Beverage
Link to program:
https://ofwemergencyfund.org/help
P
PNC Bank
Type of institution: Bank
Link to program:
https://www.pnc.com/en/customer-service/coronavirus-update.html
R
RWCF:
Type of institution: Org
Is it specific for any industry? Food and Beverage
Link to program:
Restaurant Opportunities Centers United:
Type of institution: Non-profit org
Is it specific for any industry? Restaurant
Link to resources:
https://rocunited.org/stop-the-spread/coronavirus-support/
S
Santander
Type of institution: Bank
Link to program:
https://www.santanderbank.com/us/coronavirusupdates
SBA Economic Injury Disaster Loans and Emergency Economic Injury Grants (EIDL)
Type of program: Federal
Link to program:
https://covid19relief.sba.gov/
SBA Express Bridge Loans
Type of program: Federal
Link to program:
https://www.sba.gov/document/support–express-bridge-loan-pilot-program-guide
T
TD Bank
Type of institution: Bank
Link to program:
https://www.td.com/us/en/personal-banking/COVID-19/
Truist
Type of institution: Bank
Link to program:
https://www.truist.com/coronavirus-information
U
U.S. Bank
Type of institution: Bank
Link to program:
https://www.usbank.com/splash/covid-19.html
USBG Emergency Fund:
Type of institution: Org
Is it specific for any industry? Food and Beverage
Link to program:
https://www.usbgfoundation.org/beap
W
Wells Fargo
Type of institution: Bank
Link to program:
During these tough times, you need all the help you can get to keep your small business weather the storm. If you are in need of financing, consider getting a small business loan.
At Camino financial our motto is “No Business Left Behind,” and now, more than ever, we have committed to help small business owners all around the country. We can help you with a bridge loan that could help you start investing and strengthening your business while you wait to receive the cash from a relief program.
Apply for a bridge loan and let’s fight this crisis together.
Read more articles and find some more helpful resources to help you during this crisis:
