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Is the Covid-19 global pandemic, government mandated shutdown and social distancing affecting your business?
Is the decline of revenues and uncertainty of when you can reopen your business giving you anxiety?
You are not alone and there are resources available to get you through these stressful times. Many small businesses’ livelihoods are at stake here and EZ Bookkeep has put together a list of resources for you.
- Federal Government: The U.S. Small Business Administration (SBA) is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). https://www.sba.gov/disaster-assistance/coronavirus-covid-19
2. State of Florida: The Florida Small Business Emergency Bridge Loan Program is providing loans of up to $50,000 with 1-year terms to small businesses with 2-100 employees. https://floridadisasterloan.org/
Private and Non-profit Organizations:
3. James Beard Foundation – The James Beard Foundation Food and Beverage Industry Relief fund. – This program provides micro grants to individual food and beverage businesses in need. https://www.jamesbeard.org/relief
4. Opportunity Fund is partnering with investors and nonprofits to put together a Covid-19 disaster relief fund that will provide grants and low-interest rate loans to businesses owned by women, immigrants and people of color. https://www.opportunityfund.org/assistance-for-small-business-owners-affected-by-covid-19/
EZ Bookkeep is here to assist you in these tough times. As a trusted advisor, we are here to help you navigate the loan application process. We can provide support in producing accurate financial statements, which will be one of the important pieces of information needed for loan applications.