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States Small Business Assistance for COVID-19

Federal Government

N/A

Alabama

The Birmingham Strong Emergency Loan Fund is providing zero-interest, 180-day loans up to $25,000 to small businesses with less than 50 employees.

Alaska

Once Alaska is approved for disaster funding, the Apply for Assistance link will be activated for Alaskan businesses to apply for the Economic Injury Disaster Loan. Please be prepared to check this site periodically. Sign up for our newsletter here for updates! The Alaska SBDC can assist you with preparing for the loan application

Arizona

N/A

None Yet - Keep Checking Back

Arkansas

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None Yet - Keep Checking Back

California

The city’s Small Business Emergency Microloan Program is offering loans ranging from $5,000 to $20,000 with 0-3% interest rates

City of Sacramento

The city established a $1 million economic relief fund for businesses that provides 0% interest loans of up to $25,000 per business.

Colorado

Colorado’s Office of Economic Development and International Trade is committed to helping our small businesses access these vital funds,” said Executive Director Betsy Markey. “Eligibility information, loan application links and emerging economic recovery resources

Conneticut

None Yet - Keep Checking Back

Delaware

None Yet - Keep Checking Back

Florida

The Florida Small Business Emergency Bridge Loan Program is providing loans of up to $50,000 with 1-year terms to small businesses with two to 100 employees.

Georgia

Press release for 1.3 M for small businesses but NO posted data on the actual program as of now, check back

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Hawaii

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None Yet - Keep Checking Back

Idaho

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Luisiana

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Illinois

Mayor Lori Lightfoot revealed a $100 million Chicago Small Business Resiliency Loan Fund that will provide low-interest loans to the city’s struggling small businesses.

Indiana

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Iowa

Governor Kim Reynolds announced the creation of an Iowa Small Business Relief Program that will allocate grants ranging from $5,000 to $25,000 as well as tax deferrals.

Kansas

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Kentucky

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Luisiana

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Maine

Right now only SBA Approved

Maryland (a)

The state’s Department of Commerce released two initiatives for small businesses: a $50 million Emergency Relief Grant Fund that offers grant amounts up to $10,000 a

Maryland (b)

$75 million Emergency Relief Loan Fund that will provide businesses with 50 or fewer employees loans of up to $50,000.

Massachusetts

Governor Charlie Baker announced a $10 million relief fund for Massachusetts businesses affected by the coronavirus. Funds of up to $75,000 are immediately available for companies with fewer than 50 full- and part-time employees.

Michigan

The Michigan Small Business Relief Program approved today authorizes the MEDC provide up to $20 million in support for small businesses. The funding is divided between $10 million in small business grants and $10 million in small business loans to support businesses facing drastic reductions in cash flow and the continued support of their workforce.

Minnesota

The state’s Department of Employment and Economic Development will be providing interest-free emergency loans ranging from $2,500 to $35,000 to Minnesota-based businesses in need.

Mississipi

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Missouri

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Montana

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Nebraska

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Nevada

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New Hampshire

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New Jersey

None Yet - Keep Checking Back

New Mexico

The New Mexico Economic Development Department created the COVID-19 Business Loan Guarantee Program to aid small businesses seeking emergency loans or lines of credit. The program can guarantee a portion of a loan or line of credit up to 80% of principal or $50,000

New York (a)

None Yet - Keep Checking Back

New York (b)

Employee Retention funding

North Carolina

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North Dakota

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Ohio

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Oklahoma

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Oregon

Small businesses located in Portland’s Jade District or Old Town Chinatown are eligible to receive support through the city’s $190,000 emergency fund. Asian and Pacific Islander business owners will be prioritized.

Pennsylvania

The city’s COVID-19 Small Business Relief Fund is providing immediate relief to local small businesses in the form of grants and zero-interest loans.

Pennsylvania

Only this right now, will update if they add state funding. See current offerings

Governor Gina Raimondo partnered with Microsoft to provide web-based Microsoft Office applications to Rhode Island small businesses for free for six months.

South Carolina

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South Dakota

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Syracose, NY

The Syracuse Economic Development Corporation created a $500,000 fund to provide zero-percent interest, 180-day emergency loans of up to $25,000 to the city’s small businesses.

Tennessee

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Texas

Affected businesses will need to fill out an Estimated Disaster Economic Injury Worksheet certifying the business has suffered substantial economic injury as a result of COVID-19 and are in need of financial assistance. The Economic Injury Worksheet should be submitted via email to TDEMPARecovery@tdem.texas.gov Once Texas has received five SBA validated Economic Injury Worksheet, the Governor may request the Economic Injury Disaster Declaration. A county will need to submit at least one valid Economic Injury Worksheet in order to be included on the declaration. Additional counties can be added to the declaration at a later date.

Utah

Business owners based in the area can apply for 0% interest loans of up to $20,000 as part of the city’s emergency loan program.

Vermont

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Virginia

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Washington

The city’s Office of Economic Development is providing $1.5 million in grants of up to $10,000 to small businesses. The mayor is also deferring tax payments for business-owner candidates and will set up a small-business recovery task force.

West Virginia

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Wisconsin

The Wisconsin Economic Development Corp. launched Small Business 20/20—a $5 million grant program that will give companies with fewer than 20 employees up to $20,000.

Wyoming

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Helpful Resources for Emergency Funding

The Restaurant Workers’ Community Foundation
restaurantworkerscf.org

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