COVID-19 Small Business Loans The Small Business Administration (SBA) offers programs that can help your business if it’s been affected by the coronavirus pandemic. Paycheck Protection Program (PPP) The Paycheck Protection Program (PPP) ended on May 31, 2021. It offered loans to help small businesses and non-profits keep their workers ;· Coronavirus (COVID-19) Support for businesses and self-employed people during coronavirus; Funding and support for businesses during coronavirus01/04/2020 · New COVID-19 Relief for Small Businesses and the Self-Employed A new relief bill provides more money and expands access to forgivable loans and disaster loans. Elizabeth Renter Feb 22, 202123/03/2020 · The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses affected by coronavirus (COVID-19).26/03/2020 · Claim the fifth grant if you think that your business profit will be impacted by coronavirus (COVID-19) between 1 May 2021 and 30 September 2021. You’ll need to confirm that you meet might qualify for an Economic Injury Disaster Loan (EIDL), a low-interest loan granted by the Small Business Administration (SBA) to businesses impacted by the Covid-19 pandemic. Self-employed workers are eligible to Paycheck Protection Program – This program was created under the CARES Act and authorized the Small Business Administration to provide loans to help small businesses retain employees and manage expenses during the COVID-19 outbreak. Update: On December 21, 2020, Congress allocated an additional $284 billion worth of funds for this program. The SBA has resumed accepting Paycheck …15/07/2021 · This replaced previous government guaranteed coronavirus loan schemes that ended on 31 March, including the Bounce Back Loan Scheme and the Coronavirus Business Interruption Loan Scheme. Through the scheme, businesses can get between £25,000 and £10 million, with the government giving lenders an 80 per cent guarantee.
