With the help from our friends at WeddingPro, we will be sharing resources here for decoding the different types of assistance available to small businesses during COVID-19, starting with government programs. For each, you’ll learn who is eligible, what is available, how to take advantage, and some helpful tips.
Last Updated April 27, 2020
On April 24th, President Trump signed into law a bill providing up to $310 billion in additional funding for the Paycheck Protection Program (PPP) and up to $60 billion for the small business disaster loans. If you had yet not applied but would like to, you can find participating lenders here.Check out the SBA website for the most up-to-date information.
Government Assistance Resources
We will continue to keep this page updated with any relevant and helpful information on assistance available to small businesses from our friends at WeddingPro:
If you did not qualify for a PPP or EIDL, learn more about some additional options in this article.
This article explains the Paycheck Protection Program, a new type of forgivable loan created by the federal government as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
If you're not sure if the PPP is the right path for your business, this article has a few questions to help you figure it out.
This article offers an overview of the available programs to help you find the best resources for your business.
This article provides information on individual tax relief that Americans who pay taxes and meet income requirements will receive.
This article offers more information about the Economic Injury Disaster Loan.
Note: You may want to consult with a legal advisor to fully understand how the various laws and regulations affect you based on your particular circumstance. You can check out your local bar association or legal aid society website for the legal resources available in your area. They may offer some free or low-cost small business legal advice related to COVID-19. Our goal is to provide our vendors with relevant information - we cannot provide legal, financial or tax advice and recommend reaching out to your advisors to make sure that any action you take is the best one for you.