Small Business Resources: COVID-19 Resources

As part of the $2 trillion federal stimulus bill (Coronavirus Aid, Relief, and Economic Security (CARES) Act) passed on March 27, and an additional $484 billion aid package signed on April 24, New York State small businesses are eligible for a number of relief benefits from the U.S. Small Business Administration (SBA). These include the Paycheck Protection Program, Subsidy Loan Program and the Economic Injury Disaster Loan Program. see also Main Street Lending Program below

• Senate Committee on Small Business and Entrepreneurship Guide to the CARES Act
• US Small Business Administration
  • Small Business Guidance & Loan Resources
  • Loan and debt relief options: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options
  • Local Assistance: https://www.sba.gov/local-assistance
  • Information in languages other than English: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loanresources#section-header-3 2 ➢
  • Paycheck Protection Program Second Round Loans (beginning January 2021)
• Empire State Development Information on eligibility and applying for each of the three SBA programs
  • Paycheck Protection Program
  • Subsidy Loan Program
  • Economic Injury Disaster Loan Program
• SCORE (free one on one remote assistance and further details about CARES Act programs)
• US Chamber of Commerce Guide to Small Business COVID-19 Emergency Loans