Small business owners across America are fighting to keep their workers employed and their dreams alive, and the U.S. Chamber of Commerce is fully committed to helping them recover and succeed.
Small business owners: Below, you’ll find financial assistance programs, resources, and advice to help you get through the storm. All others: Scroll down to find ways you can join us in supporting your local businesses like never before.
FOR SMALL BUSINESSES
Expanded by the CARES Act, the EIDL program has been around for a couple of years and is intended to provide economic relief to businesses that are currently experiencing a temporary loss of revenue during a declared disaster. Here’s our step-by-step guide.
The SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020.
These loans allow small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.
Click here for the Small Business Administration’s website, where you’ll find additional programs as well as more resources and guides for coronavirus-impacted businesses.
STATE AND LOCAL PROGRAMS AND ASSISTANCE
The following state and local programs are still open to provide funding.
|Delaware||Delaware Relief Grants|
|Indiana||Indiana Small Business Restart Fund|
|Kentucky||Small Business COVID-19 Relief Grant|
|Hawaii||Hawaii Small Business Pivot Grant Program|
|Michigan||Michigan Economic Development|
|Montana||Montana Department of Commerce|
|North Carolina||Carolina Small Business Development Fund|
|Rhode Island||Restore Rhode Island Fund|
|Tennessee||Tennessee Department of Revenue|
|Utah||Utah Business Loans and Grants|
PRIVATE SECTOR PROGRAMS AND ASSISTANCE
Many companies and organizations have stepped up to provide financial assistance to small businesses. Click on any of the below to check eligibility and requirements.
|Provider||Program and Service Link|
|Arts Leaders of Color||Arts Leaders of Color Emergency Fund|
|GoFundMe.org||GoFundMe.org Small Business Relief Fund|
|Goldman Sachs||Goldman Sachs US Small Business Resource Center|
|Google Small Business, Medium Business Grant|
|Google Ads Small and Medium-sized Businesses|
|Local Initiatives Support Corp.||Local Initiatives Support Corporation (LISC)|
|Salesforce||Salesforce Care for Small Business|
The U.S. Chamber played a key role in shaping and passing the CARES Act, including the law’s small business emergency loan programs, like the Paycheck Protection Program. We are continuing to fight for additional relief for small businesses and industries hit hardest by the pandemic. We will not stop fighting for you.
The latest resources, advice, and information to help small businesses navigate this challenging time, including financial aid guides, remote working tips, best practices articles, webinars and town halls, and more.
If you secured a PPP loan and are seeking guidance on the process, here’s a step by step guide to calculate your PPP loan forgiveness amount, navigate record-keeping requirements, and determine repayment terms on amounts not forgiven.
Use this interactive state map to navigate the different guidelines, timelines, and other important information for businesses starting to reopen amid the pandemic.
Download this step-by-step guide to help your company reopen safely and keep employees and customers healthy and informed as restrictions lift across the country. The playbook includes safety and sanitation guidance, communications advice, and other best practices information.
For more guidance on reopening your business, click here.
Download this questionnaire for sample screening questions to ask employees upon return to work and on a regular basis moving forward. This template is based on questions required or recommended by various states as well as input from U.S. Chamber member companies of all sizes and sectors.
Click above to discover additional resources, advice and small business news from our content partners at CNBC.
Every single one of us counts on small businesses as the fabric of our communities and we all have a role to play in helping them through this crisis. Here are three ways to help.
During this difficult time, let’s make sure we are all patronizing our local small businesses like never before. Join us in shopping small every day. We can all help small businesses by:
- Shopping at a new local retailer
- Trying out a new neighborhood restaurant
- Finding unique holiday gifts from local artisans and makers
- Purchasing a gift card from a small business in the area
- Supporting small, local service providers
SHARE ON SOCIAL
Be a Small Business Champion and tell your family and friends to do the same. Join the conversation on social media and use the #ShopSmallEverydayand tagging your favorite local businesses.
A SPECIAL NOTE TO LARGER COMPANIES
In partnership with American Express, Vistaprint, Merck, Altice, and others, we’re proud to have facilitated grants to hundreds of small businesses through the U.S. Chamber of Commerce Foundation’s initial Save Small Business Fund and our Coalition to Back Black Businesses.
We are continuing to call on the larger business community to marshal any available resources, talent, and unique capabilities to help small businesses in any way they can. If your company or foundation is interested in supporting small businesses on a national level through our Fund, please contact us.
WE HAVE YOUR BACK, AND WE WILL NEVER STOP FIGHTING FOR YOU.
At the U.S. Chamber of Commerce, we have one mission: To help business leaders like you. We’ll never stop working to elevate the voice of small business owners, fighting for policies and legislation that strengthen our economy, and providing Main Street with the help and resources they need.
"Small businesses touch every family and every block of every town across America. And they need our help right now. We cannot and will not allow our country’s critical small business sector to collapse."
U.S. CHAMBER OF COMMERCE PRESIDENT