Colorado Lending Source has made loan funds available specifically for businesses impacted by the COVID-19 pandemic that are located in rural Colorado.
COVID-19 Emergency Loans
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.
Colorado Lending Source
Small Business Emergency Loans for Rural Colorado
Area served: Colorado Audience: Small Business Owners
Hebrew Free Loan Society
Coronavirus Financial Impact Loan
The Coronavirus Financial Impact Loan Program provides interest-free loans of $2,000-$5,000 to residents of New York City’s five boroughs, Westchester, or Long Island who are facing financial challenges caused by the Coronavirus outbreak. Loan applicants must have annual pre-tax household income at or below the income limits for their household size.
Area served: New York City, Long Island, Westchester, New York Audience: Small Business Owners, Employees, Self-employed, Non-profits
San Francisco Office of Economic and Workforce Development
San Francisco Small Business Mini-Grant
The city is providing nearly $1 million in mini-grants to neighborhood and women-owned businesses affected by the coronavirus outbreak. The mini-grants range from $1,000 to $10,000. Grants are available to small businesses with less than $2.5 million in gross annual receipts. Your business must also have closed or seen a 25% decline in revenue during the coronavirus outbreak. Some neighborhoods will have additional criteria.
Area served: San Francisco, California Audience: Small Business Owners
Arlington Economic Development
Arlington Small Business Emergency GRANT (Giving Resiliency Assets Near Term) Program
This Arlington program would provide grants of up to $10,000 to businesses and nonprofits with less than 50 employees. Businesses may use grants for employee salaries and benefits, and other business capital and operating expenses directly related to the immediate impacts of COVID-19.
Area served: Arlington, Virginia Audience: Small Business Owners
City of Chicago, Business Affairs and Consumer Protection
Chicago Microbusiness Recovery Grant program
**Update** The application closed at 5:00pm on Monday, May 4. Grants will be distributed via a lottery, with winners equitably distributed across business types and eligible Community Areas based on population.
Area served: Chicago, Illinois Audience: Small Business Owners
State of New Jersey
New Jersey Emergency Assistance Eligibility Wizard
The NJEDA wants to make it easy for organizations to understand what support programs are available to you to help stabilize your operations and get back on a pathway to growth.
Area served: New Jersey Audience: Small Business Owners, Self-employed
St. Louis Economic Development Partnership
Small Business Resource Loan Program
Businesses are eligible to apply for loans of up to $5,000 for working capital. Any for-profit business in the city of St. Louis or St. Louis County that has sustained economic damage due to the COVID-19 crisis may apply. To obtain a zero-interest loan, businesses must be current on all taxes through 2018, be in good standing with state and local governments, and have been in business for at least one year. Applicants must demonstrate that their company’s jobs are threatened by the health crisis, and they must explain how the loan would retain those jobs.
Area served: St. Louis City/County, Missouri Audience: Small Business Owners
Minnesota Department of Economic Development
Small Business Emergency Loan
Following Executive Order 20-15, DEED has established a loan program to assist small businesses directly and adversely affected and whose industry is named in Executive Orders 20-04 and 20-08 following the COVID-19 pandemic. Small businesses are a vital part of Minnesota’s economy and this program will provide a source of working capital to help businesses sustain operations during this challenging time.
Area served: Minnesota Audience: Small Business Owners
Tulare County Economic Development Corporation
Business Capital Fund
The Business Capital Fund provides microloans to small businesses, up to $50,000.
Area served: Tulare County, California Audience: Small Business Owners
Nonprofit Finance Fund
NYC COVID-19 Response & Impact Fund
The fund is providing no-interest loans to New York City nonprofit organizations working in the human services, with particular interest in those supporting essential healthcare, food delivery, homeless services, workforce development, educational support, and early childhood education, and arts and culture.
Area served: New York, New York Audience: Non-profits