For businesses adversely affected by the COVID-19 pandemic, The Small Business Administration (SBA) offers and administers several programs that may help your business through the crisis. These programs include:
Shuttered Venue Operators Grants (SVOG): Provides emergency assistance to eligible entities, including operators, promoters and producers affected by COVID-19.
Restaurant Revitalization Fund (RRF): Provides emergency assistance for eligible restaurants, bars, caterers, inns and other qualifying businesses affected by COVID-19.
COVID-19 Economic Injury Disaster Loans (EIDL): Provides economic relief to small businesses, agricultural businesses and nonprofit organizations that are experiencing a temporary loss of revenue.
Note: If you are considering multiple SBA funding options, make sure to review the SBA's cross-program summary to understand how participating in one program might affect your eligibility for others. All loans and grants are subject to other requirements and availability of funds.
See SBA.gov for program details.
Full SBA address links:
SVOG:https://www.sba.gov/funding-programs/loans/covid-19-relief-options/shuttered-venue-operators-grant
RRF:https://www.sba.gov/funding-programs/loans/covid-19-relief-options/restaurant-revitalization-fund
SBA's cross-program summary link: https://www.sba.gov/funding-programs/loans/covid-19-relief-options/cross-program-eligibility-sba-covid-19-relief-options
EQUAL CREDIT OPPORTUNITY ACT NOTICE The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is the Bureau of Consumer Financial Protection, 1700 G Street NW, Washington, DC 20006.
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