Funding Guides

CARES Act

Our nation's small businesses are facing an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. In March 2020, the President signed into law the CARES Act, which contains $376 billion in relief for American workers and small businesses.

CARES Act Funding Options

In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak.

Paycheck Protection Program

This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.

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EIDL

This loan will provide economic relief to small businesses and non-profit organizations that are currently experiencing a temporary loss of revenue.

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SBA Express Bridge Loans

Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.

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SBA Debt Relief

The Small Business Administration is providing a financial reprieve to small businesses during the COVID-19 pandemic.

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Other Resources