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 ;· Small business owners and qualified agricultural businesses in all states and territories are currently eligible to apply for a low-interest loan due to COVID-19. Agricultural businesses with 500 or fewer employees are now eligible as a result of new authority granted by Congress in response to the EIDL. This program provides funding to small businesses and non-profit organizations currently experiencing a temporary loss of revenue related to Highly Affected Sectors Credit Availability Program (HASCAP) Guarantee is a business lending program for Canadian businesses that have been disproportionately impacted by COVID-19. The program provides a loan that is 100% guaranteed by Business Development Bank of Canada (BDC). Key features of HASCAP include:23/03/2020 · The Coronavirus Business Interruption Loan Scheme (CBILS) provides financial support to smaller businesses affected by coronavirus (COVID-19). …COVID-19 Small Business Cashflow Scheme (SBCS) COVID-19. The Small Business Cashflow Scheme (SBCS) was introduced to support small to medium businesses and organisations struggling with a loss of actual revenue due to COVID-19. Applications are open until 31 December 2023. We will administer the payments and repayments of this ;· The COVID-19 Small Business Assistance Restart Loan Program offers percent, five-year loans of $15,000-$50,000 to all small businesses, with preference given to businesses with 25 or fewer employees and that have been in operation for at least two ;· A small business with maximum tangible net worth up to $15 million and the average net income for full 2 fiscal years prior to application does not exceed $5 million. A 501 (c) (3) with 500 or fewer employees. A sole proprietor, independent contractor, or ;· Small Business Administration Coronavirus (COVID-19): Small Business Guidance & Loan Resources The SBA works directly with state governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the and organisations. COVID-19 Small Business Cashflow Scheme (SBCS) eligibility. Receiving the SBCS loan and maximum loan size. Repaying the Small Business Cashflow Scheme loan. Apply for the Small Business Cashflow Scheme loan. Follow the steps below to apply for the Small Business …
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