In response to COVID-19, small business owners, including agricultural businesses and nonprofit organizations, in all U.S. states, Washington D.C., and territories, can apply for the COVID-19 Economic Injury Disaster Loan (EIDL). This loan, directly from the Small Business Administration (SBA), must be repaid. It’s a low-interest, fixed-rate, long-term loan to help overcome the effects of the pandemic by providing working capital to meet operating expenses. Please contact PPG Partners if you would like help applying for a loan. The following is information from the SBA website regarding the
small business
Announced in September, the latest installment of COVID-19 relief includes $17 billion for health care providers (including dentists) under the Provider Relief Fund (PRF), and $8.5 billion more under the American Rescue Plan (ARP). Application Information Applications are open from September 29, 2021 to October 26, 2021, at 11:59 p.m. ET. In order to streamline the application process and minimize administrative burdens, providers will apply for both programs in a single application, at https://cares.linkhealth.com/#/. Applications must undergo a number of validation checks before financial
The U.S. Small Business Administration (SBA) announced the closure of the Restaurant Revitalization Fund (RRF) in July after awarding the program’s full $28.6 billion appropriation to more than 100,000 restaurants, bars, and other businesses that provide on-site food and drink. Congress created the RRF to provide relief to a sector of the economy especially hard-hit by government-imposed shutdowns and other restrictions related to the COVID-19 pandemic. Demand for the funds far outstripped the supply, with restaurants and other eligible businesses submitting more than 278,000 applications