Lander County, Nevada



Small Business Administration- Coronavirus assistance and loans addition to traditional SBA funding programs, the CARES Act established several new temporary?programs to address the COVID-19 outbreak.Paycheck Protection Program loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.Who Can ApplyThe following entities affected by Coronavirus (COVID-19) may be eligible:Any small business concern that meets SBA’s size standards (either the industry based sized standard or the alternative size standard)Any business, 501(c)(3) non-profit organization, 501(c)(19) veterans organization, or Tribal business concern (sec. 31(b)(2)(C) of the Small Business Act) with the greater of:500 employees, orThat meets the SBA industry size standard if more than 500Any business with a NAICS Code that begins with 72 (Accommodations and Food Services) that has more than one physical location and employs less than 500 per locationSole proprietors, independent contractors, and self-employed personsEIDL Loan Advance loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.EligibilityThe SBA’s Economic Injury Disaster Loan provides?vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing as a result of the COVID-19?pandemic.?This program is for any small business with less than 500 employees (including sole proprietorships, independent contractors and self-employed persons), private non-profit organization or 501(c)(19) veterans organizations affected by COVID-19.Businesses in certain industries may have more than 500 employees if they meet the?SBA’s size standards?for those industries. The Economic Injury Disaster Loan advance funds will be made available within days of a successful application, and this loan advance will not have to be repaid.?SBA Express Bridge Loans small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct?SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on an Economic Injury Disaster Loan, they may qualify for an?SBA Express Disaster Bridge Loan.TermsUp to $25,000Fast turnaroundWill be repaid in full or in part by proceeds from the EIDL loanSBA Debt Relief part of SBA's debt relief efforts,The SBA will automatically pay the principal, interest, and fees of?current 7(a), 504, and microloans?for a period of six months.The SBA will also automatically pay the principal, interest, and fees of?new 7(a), 504, and microloans?issued prior to September 27, 2020.Other Small Business ResourcesCOVID-19 Business for All Grants current COVID-19 crisis has been a game changer for small businesses. To ensure Business for All, Hello Alice with the support of Verizon, Silicon Valley Bank, Ebay, and others is offering $10,000 emergency grants, being distributed immediately to small business owners impacted by this pandemic. If your business has been severely impacted by COVID-19, please complete the full COVID19 Business for All Grant application to apply for immediate support in the form of $10,000 grants.Additionally, Hello Alice has set up the?COVID-19 Business Resource Center,?where you can access additional financial support, find resources and programs specific to where you live, learn how to pivot your small business, and more.Facebook Small Business Grant ProgramFacebook is offering $100 million in cash grants and ad credits to help during the COVID-19 Pandemic. To learn more please visit for more information.Google Assisting SMBsIn addition to providing $340 million in ad credits, Google also set up a?fund?that will support NGOs and financial institutions around the world to help provide small businesses with?access to capital. This is in addition to the $15 million in cash grants is already providing to nonprofits to help bridge these gaps for SMBs. We’re also providing $20 million in ad grants to community financial institutions specifically to run public service announcements on relief funds and other resources for SMBs. For additional information please visit ResourcesFannie Mae – Mortgage resources: Mac – Mortgage resources: a list of banks offering assistance with mortgages and Small Business Loans please visit Resources has a?comprehensive list of available resources?for the following needs:Health insurance & medical expensesHome Internet accessUnemployment benefitsFederal Family and Medical Leave Act (FMLA)Mortgage, rent, and utilities payment assistanceSupplemental Nutrition Assistance Program (SNAP)/Food StampsFood AssistanceRelief for "gig economy" workers and contractorsMental health and crisis ................
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