Currently the entire world is in a state of uncertainty. Our small businesses owners are being inundated with information from the SBA with multiple types of loans. We have heard from many business owners on what their plan of action is with these SBA loans and the answers are across the board. Whether you have already applied, or do not know where to start, there are many resources available that you can use to formulate the best plan for your business moving forward.

The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was passed by Congress are intended to assist business owners with whatever needs they have right now. There are many new resources available for small businesses, as well as certain nonprofits and other employers.
Struggling to get started? The following questions might help point you in the right direction.

Do you need:
• Capital to cover the cost of retaining employees?
Then the Paycheck Protection Program might be right for you. CLICK HERE

A quick infusion of a smaller amount of cash to cover you right now ?
You might want to look into an Emergency Economic Injury Grant. CLICK HERE

• To ease your fears about keeping up with payments on your current or potential SBA loan?
The Small Business Debt Relief Program could help.

• Just some quality, free counseling to help you navigate this uncertain economic time?
The resource partners might be your best bet.

This guide provides information about the major programs and initiatives that are available from the Small Business Administration (SBA) to address these needs. To keep up to date on when these programs become available, please stay in contact with your local Small Business Administration (SBA) District Office. Download SBA Guide HERE

Remember, we are not the experts. Please contact your local lender and account to ask specific questions regarding your business’s needs. We can provide you with the resources you may need, do not hesitate to reach out. We are here with you and for you. We are Stronger Together!

The following links may help provide insight and valuable information: