Resources available to help you navigate this crisis
The following federal programs, administered through the Small Business Association, may be helpful for your business. The SBA web portal lists all COVID-19 relief options.
Payment Protection Program (PPP) – A loan designed to provide a direct incentive for small businesses to keep their employees on the payroll. The loan is forgivable if certain criteria is met. Currently slated to close on May 31, 2021 .
We’ve partnered with Womply to help you get access to PPP funds. This no-fee service will match your application to a number of SBA-certified lenders.
Start your PPP loan application process now.
You may be able to access PPP funds through your local lender or the lender match on the SBA PPP website.
Economic Injury Disaster Loans (EIDL) – This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue. This low-interest loan must be repaid. Now accepting applications.
For more details, click here.
Shuttered Venue Operators Grant – A grant for shuttered movie theaters, live performing arts venues, museums and like businesses that suffered significant revenue loss between April – December 2020. Expected to open for applications in April.
For more details, click here.
Restaurant Revitalization Fund Grant – A grant for hard-hit restaurants and bars to help cover payroll, mortgage payments, rent, utilities, maintenance expenses, operational expenses, paid sick leave and supplies. Expected to open for applications in April. While not yet listed on the SBA site yet, you can start taking steps to get ready for the application process by registering with the System of Award Management (SAM).
Click on this U.S. Chamber of Commerce article for more details.
Several states offer guidance and assistance for businesses impacted by COVID-19. Link to your local and state government websites.
Financial Resources for Restaurants & Their Employees
To help you serve your customers in light of changing government guidelines and market conditions, we are providing complimentary use of exterior space short-term so you can bring your business outdoors.
We are ready to work with you on creating an appealing environment that is safe for customers and employees while being respectful of your neighbors and meeting local and state guidelines.
Here is a quick summary of things to consider for an exterior outpost.