Small Business Administration

Paycheck Protection Program (PPP)​: $7.25 billion in additional funding is available for PPP and the new law expands eligibility of 501(c) nonprofits of all sizes and types.

Restaurant Revitalization Fund​: Provides $25 billion for restaurants and bars hit hard by the pandemic; $5 billion is set aside specifically for smaller restaurants with less than $500,000 in 2019 annual revenue. During the first 21 days, applications from restaurants owned and operated by women, veterans, or socially and economically disadvantaged individuals will receive priority.

Economic Injury Disaster Loan (EIDL) Program​: A total of $15 billion is targeted for EIDL Advances to help those who applied for relief in 2020 but did not receive the full $10,000 grant.

Community Navigator Pilot Program​: Establishes this program to increase awareness of and participation in COVID-19 relief programs for business owners currently lacking access, with priority for businesses owned and operated by socially and economically disadvantaged individuals, women, and veterans.

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Gene LoweAssistant Executive Director, Housing