By DCG Communications
A rundown of the financial programs and guidance available through the SBA for small businesses recovering from the COVID-19 pandemic
Our nation’s small businesses are emerging from an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. The U.S. Small Business Administration (SBA) is dedicated to helping small businesses get back on their feet. Below are resources and services to support you during this challenging time.
The loss of income from COVID-19 has presented significant obstacles to small business owners and their employees. SBA programs that have helped offset the economic impact from COVID-19 include:
- Paycheck Protection Program (PPP): Accepting new applications through August 8, the PPP is an SBA-backed forgivable loan that has helped small businesses and non-profits continue to pay their employees during the COVID-19 outbreak. The PPP Flexibility Act, passed last month, has extended the covered period for loan forgiveness to…
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