On March 24, the Small Business Administration has authorized the increase in loan amounts from $150,000 to $500,000, starting on April 6, 2021.
As developments continue to unfold in response to the spread of COVID-19, we know many small businesses have questions about implications in the workplace and funding options to help bolster their businesses during this difficult time. We are compiling relevant tips and resources and information on new funding opportunities and policy developments that we are sharing on our website and through online presentations. We will be posting daily updates to this page with useful information about the ways small businesses can prepare for the impact of COVID-19 on their business and community.
Small Business Administration
Economic Injury Disaster Loan Advance
Business Advisor Learning Center
Federal Resources for U.S. Small Businesses
You can view relevant federal agency resources, access the latest news, and search for a Small Business Advisor near you.
eBay Up & Running Grants
Starting August 6, 2021, eligible small business sellers can apply to the eBay Up & Running Grants program. Fifty recipients will each receive a grant package of $10,000, including cash, coaching through eBay Seller School, and more. Apply today by sharing how you would invest the grant to grow your business online.
The Resilience Compass was formed in response to the COVID-19 crisis as a collaborative public service. This group of partners, led by Conveners.org, aims to help small businesses, cooperatives, and nonprofits calmly navigate uncharted waters while accelerating their road to recovery. The Resilience Compass aims to bring helpful resources and guidance from a spectrum of public, private, and local sources that can be filtered to your organization's most pressing needs.
Whether your business is just getting online or you’re looking to expand your ecommerce presence, eBay’s six-week guided Seller School course may be right for you. You can go at your own pace, get tips from eBay experts and join live webinars to learn more about how to maximize your sales on the platform.
D.C. Department of Employment Services
DC Paid Family Leave
The mission of the Office of Paid Family Leave (OPFL) is to plan, develop, and administer a paid leave program for the District of Columbia under the provisions of the Universal Paid Leave Amendment Act of 2016.
On July 1, 2020, the District of Columbia began administering paid leave benefits. DC workers can now apply for paid family leave. The Paid Leave Act provides up to:
Small Business Majority
California's Paid Family Leave Program FAQs
California’s Paid Family Leave program (PFL) provides wage replacement benefits to workers who need to take time off from work to bond with a new child or to care for a seriously ill family member.
This document is intended to answer any questions small employers might have about California’s PFL program and its effects on small business owners and their workers.
Small Business Majority
California's Paid Sick Leave Law FAQs
California’s paid sick leave law allows employees to take time off from work to address their health or a family member’s illness without losing a paycheck.
This document is intended to answer any questions small employers might have about California’s paid sick leave law and its effects on small business owners and their workers.
California’s Infrastructure and Economic Development Bank (IBank)
California Rebuilding Fund
- Loan program to support California’s small businesses
- Businesses eligible if they employed 50 or fewer employees (FTEs) and had gross revenues of less than $2.5 million or below in 2019
- Loans will need to be paid back over a 3- or 5-year term with a fixed annual interest rate that is currently 4.25%.
SBA - U.S. Small Business Administration
PPP Loan Forgiveness Forms and FAQ
The SBA recently released its PPP Loan Forgiveness Application form. We are providing highlights and examples from the form below to help guide you through the process. If you have specific questions not covered here, please ask on our Community page where you can engage with business experts and other small business owners. The SBA has announced that it will begin accepting forgiveness application forms on August 10.