SBA Loans and Grants


  • SBA Loans & Grants

The federal government, through the U.S. Small Business Administration, is offering multiple types of assistance for small businesses.  If your business has been adversely impacted by the coronavirus pandemic, please consider taking advantage of these resources.  We'll continue to post updates on relevant programs as we learn more.





Small businesses may be eligible for loans in an amount up to 250% of their average monthly payroll, with a maximum loan amount of $10 million.  These loans may be forgiven (e.g., not repaid) if borrowers maintain their payrolls during or restore them after the crisis.

Funds can be used for payroll costs, including salary, wages, payment of cash tips, employee group health care benefits, retirement contributions and covered leave.  Funds can also be used to pay interest payments on mortgage obligations, rent, utilities, and interest on other debt obligations.

You can learn more about the Paycheck Protection Program in these summaries from the SBA and Treasury: SBA Payroll Relief Program and PPP Fact Sheet.

Loans are made through SBA-certified lenders.  Apply for the loan through a bank where you have a direct deposit account ("DDA").  Many banks have put up websites to accept applications online.  Applications open Friday, April 3.  Apply early to maximize your chance of getting a loan. 

Complete the form: Paycheck Protection Application v3 3/30/2020

Some of the major banks have new websites that describe how they are managing PPP applications and, in some cases, how to submit the applications online.  Below are links to a few of these:

Or use this link to find a lender in your area:



In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000.  These loans and grants are designed to help small businesses overcome the temporary loss of revenue they are experiencing.  (Due to overwhelming demand the SBA is offering a grant of $1000 per Employee, not $10,000 and processing is not occuring in 3's closer to 15 days..)

The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue.

Apply directly to the SBA online at:



Small businesses that have non-disaster loans from the SBA, such as 7(a), 504 and microloans, may be eligible for debt relief.  The SBA will cover all loan payments for six months, including principal, interest and fees.  This is also available to borrowers who take out new loans within the next six months.

Contact your current lender to request a deferment of payments.


Call the SBA:  (800) 659-2055

Email the SBA:

Contact your local SBA branch:

Subscribe for SBA email updates:

Follow SBA on Twitter:  @SBAgov

SBA en Espanol:


There IS NO TRACKING TOOL to track the status of your application.