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Small Businesses Assistance

Click here to search for PPP Lenders Near You.

Click here to apply for the Economic Injury Disaster Loan (EIDL) Advance program.

The ARP provides an additional $7.25 billion to expand access to the Paycheck Protection Program (PPP) for small businesses, nonprofits and other organizations, as well as establishes a $28.6 billion Restaurant Revitalization Fund to provide grants for restaurants. The bill also adds $15 billion for the Targeted Economic Injury Disaster Loan (EIDL) Advance program to help the hardest-hit small businesses.

The Paycheck Protection Program application window will be extended to June 1st. All eligible entities can apply through a participating lender until then. Click here for more information on PPP Loan Forgiveness.

PPP Eligibility:

The following entities affected by COVID-19 may be eligible for First Draw PPP Loans (if you have not received a PPP loan before):

  • Sole proprietors, independent contractors, and self-employed persons
  • Any small business that meets SBA’s size standards (either the industry size standard or the alternative size standard)
  • Any business, 501(c)(3) non-profit organization, 501(c)(19) veterans organization, or tribal business concern (sec. 31(b)(2)(C) of the Small Business Act) with the greater of:
    • 500 employees, or
    • That meets the SBA industry size standard if more than 500
  • Any business with a NAICS code that begins with 72 (Accommodations and Food Services) that has more than one physical location and employs less than 500 per location

A borrower is generally eligible for a Second Draw PPP Loan if the borrower (if you have received a PPP loan before): 

  • Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses
  • Has no more than 300 employees; and
  • Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020

Restaurant Revitalization Fund Eligibility:

  • Any place of business where customers assemble for the primary purpose of being served food or drink, including establishments located in an airport terminal or that are Tribally-owned.
    • Restaurant   
    • Bar    
    • Food truck
    • Caterer                  
    • Food cart
    • Food stand  
    • Tasting room
  • Entities that are NOT eligible include:
    • State or local government-operated businesses
    • Restaurant chains that, together with affiliated businesses, own or operate more than 20 locations as of March 13, 2020,
    • Restaurants that have a pending application for or have received a grant for shuttered venue operators
    • Publicly-traded companies

Economic Injury Disaster Loan (EIDL) Advance Program Eligibility

Under the COVID relief law, an entity is eligible for an EIDL emergency advance grant if it:

  • Has 300 or fewer employees;
  • Can demonstrate more than 30% reduction in revenue during an 8-week period beginning on March 2, 2020, or later.
  • Is located in a low-income community, as defined in section 45D(e) of the Internal Revenue Code 26 USC § 45D(e)
    • A mapping tool is available here
    • If an eligible entity has already received an EIDL emergency grant, it is now only eligible to receive the difference between $10,000 and the amount it previously received.  If an eligible applicant did not previously secure a grant before funding ran out, they are eligible for the full $10,000.

* SBA will first reach out to EIDL applications that already received a partial EIDL Advance (between $1,000 - $9,000). Applicants will be contacted directly by SBA via email in the coming weeks with instructions to determine eligibility and submit documentation.