Information for Businesses that received COVID-19 relief programs Canada Emergency Business Account (CEBA) Business Development Canada (BDC) Co-Lending Program EDC Business Credit Availability Program (BCAP) Investissement Québec (IQ) Programme d'actions concertée temporaire pour les entreprises (PACTE...
To be sure, there was a response after Covid devastated the economy. The Small Business Administration rolled out forgivable loans through the Paycheck Protection Program and aid through its Economic Injury Disaster Loan program. Grants for the live entertainment and arts industry were given through ...
For example, during the COVID-19 pandemic, the SBA extended a number of relief programs to help small business owners affected by the health crisis. In addition to deferring principal and interest payments for disaster loans, the SBA created the Economic Injury Disaster Loan (EIDL), the Shutte...
COVID-19: Small Business Interruption Loans On Friday, President Trump signed legislation into law that is commonly being described as Phase 3 of Congress’s efforts to offer relief to those affected by COVID-19. Among many other provisions, the bill provides small business interruption loans ...
Businesses have taken a hit during the pandemic, but withsmall business loansit is possible for a business to recover from the impacts of COVID-19 even without federal relief. Many small businesses had to shut for weeks or months. If your business was not deemed essential, you likely had ...
This online powerhouse announced a $5 million Neighborhood Small Business Relief Fund, which offers cash grants to small businesses in the local Seattle region. The company is also pausing repayment from sellers with outstanding loans, and they'll pause interest accrual for sellers with loans until...
SMALL BUSINESS RELIEF IN THE TIME OF COVID-19: DESERVINGNESS JUDGMENTS LEAD THE PPP TO FAILUREHENDRICKS, BLAIRJournal of Civil Rights & Economic Development
Data from the loan program released in December and analyzed by the Associated Press show that many minority owners desperate for a relief loandidn't receiveone until near the end of the PPP's life, while many more White business owners were able to get loans earlier in the program. ...
Small Business COVID-19 Relief Program The Illinois State Treasurer’s Office has announced that it will make available $250 million to Illinois banks and credit unions for the purpose of offering low-interest bridge loans to certain Illinois small-businesses and non-profits. ...
Mayor Joseph A. Curtatone today announced that $1 million in Somerville Small Business COVID-19 Relief funds will be awarded to 123 local, small businesses impacted by the COVID-19 pandemic. Funded by federal Community Development Block Grant monies, the Fund will issue forgivable loans to busin...