COVID-19 RELIEF FOR BUSINESS
During the COVID-19 crisis, we want to help our business members get as much relief as possible. Below you’ll find a list of federal and state resources, and what you should apply for first.
Please note that all of this is still evolving, and we’ll do our best to keep updating this page as new information becomes available.*
Talk to a business captain
START AT THE FEDERAL LEVEL
To maximize the amount of help your business can get, we recommend that you first apply for these assistance programs created by the U.S. Small Business Administration.
SBA Paycheck Protection Program (PPP)
New applications (12/30):
We are preparing for the SBA to start accepting PPP loan applications for Round 3.
If you're interested in applying, please use our contact request form to get the process started.
You can prepare by having the following documents ready to submit with your application:
Also, you can use these calculators to help determine your maximum PPP loan amounts:
If you already have a PPP loan through us, please visit our PPP Loan Forgiveness page for the latest updates on the application process for forgiveness and any changes to PPP loan components.
SBA COVID-19 Economic Injury Disaster Loan (EIDL)
As a second step, eligible small business owners can borrow up to $2 million. And also get an advance of up to $10,000 (the advance doesn’t have to be repaid). The U.S. Small Business Administration handles applications for this assistance.
SBA Express Bridge Loan Pilot Program
This can bridge the gap while you’re waiting for the COVID-19 Economic Injury Disaster Loan decision and funding. One of our business captains can process this application for you.
Learn more about federal business relief