It’s true Congress passed a relief bill containing $350 billion in aid for small businesses. This is clearly a lot of money. But with 30 million small businesses in America more will be needed. Below is a listing of other potential sources of aid that may be able to fill in some of the gaps. If you do plan to apply for assistance you can apply through any existing SBA lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Due to the anticipated unprecedented demand do not delay in seeking assistance.
Additional available resources:
1. Facebook recently instituted a small business loan/grant program. You can find information here: Facebook Small Business Loan/Grant Program
2. California iBank has a small business loan assistance program: California iBank Small Business Program
3. Google has some programs to support small businesses: Google Small Business Support
4. Verizon has a grant program that must be applied for by tomorrow, April 4, 2020: Verizon Grant Program
For information on the federal Paycheck Protection Program directly from the Treasury Department click here: Paycheck Protection Program
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