Small Business Resources
SBA Economic Injury Disaster Loans
It is now possible for small business owners and non-profit organizations in all 159 Georgia counties to apply for Small Business Administration Economic Injury Disaster Loans.
Paycheck Protection Program (PPP)
The PPP is part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This is a nearly $350-billion program intended to provide American small businesses with eight weeks of cash-flow assistance through 100 percent federally guaranteed loans.
SBA Express Bridge Loan
The Express Bridge Loan allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. If a small business has an urgent need for cash while waiting for decision and disbursement on an Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.
ACE provides loans that are tailored to meet the needs of a wide variety of enterprises, from the smallest of start-ups to long-established companies with large staffs. ACE has an office in downtown Norcross.
Kiva Microloan Program is an online lending platform that connects lenders to entrepreneurs.
Kabbage launched an online hub to help boost sales for U.S small businesses impacted by COVID-19, including a system through which businesses can sell gift cards to consumers for use at a later date. Learn more.
Intuit QuickBooks is seeding this initiative with up to$1 million through a fund and employee-directed contributions.
MainVest, a crowdfunding platform, announced its new Main Street Initiative: a $2,000, zero-interest, 120 day loan for restaurants or other brick and mortars affected by the shutdown. Learn more.
Yelp announced $25 million in relief, primarily focused on supporting independent local restaurant and nightlife businesses, in the form of waived advertising fees, and free advertising, products and services, during this period.
The James Beard Foundation is launching a fund that will be gathering support from corporate, foundation, and individual donors to provide micro-grants to independent food and beverage businesses in need. Learn more.