In a “gig” economy, the next paycheck is not guaranteed and individuals may find themselves in a financial bind between gigs. You can get up to $7,500 with 1 qualified guarantors and up to $36,000 with 2 qualified guarantors.
COVID-19 Loans & Grants
As developments continue to unfold in response to the spread of COVID-19, we know many small businesses have questions about implications in the workplace and funding options to help bolster their businesses during this difficult time. We are compiling relevant tips and resources and information on new funding opportunities and policy developments that we are sharing on our website and through online presentations. We will be posting daily updates to this page with useful information about the ways small businesses can prepare for the impact of COVID-19 on their business and community.
Nonprofit loan/grant programs
California
Jewish Free Loan Association
Gig Worker & Independent Contractor Help And Assistance
Area served: California Audience: Self-employed
Application deadline: Open, no end date posted
Nonprofit loan/grant programs
Colorado
Northeastern Colorado Revolving Loan Fund
Northeast Colorado Revolving Loan Fund - COVID Funding
NCRLF provides small business loans in the six counties of northeastern Colorado. Loans are made to benefit communities, through new or existing services or products and job growth.
Area served: Logan, Morgan, Phillips, Sedgwick, Washington, and Yuma counties, Colorado Audience: Small Business Owners
Application deadline: Open, no end date posted
Nonprofit loan/grant programs
Colorado
Neighborworks
Neighborworks Southern Colorado Emergency Small Business Loan Fund COVID-19
The Small Business Emergency Microloan Program now provides financing needed to strengthen small business enterprises in this time of acute need that have been affected by the COVID-19 outbreak. They offer loans from $1,000 to $20,000.
Area served: Southern Colorado, Colorado Audience: Small Business Owners
Application deadline: Open, no end date posted
State loan/grant programs
Pennsylvania
Pennsylvania Industrial Development Authority
Pennsylvania Industrial Development Authority Fund
Pennsylvanis has created a $61 million fund to provide working capital loans of up to $100,000 directly to small businesses and hopefully nonprofits (those that employ 100 or fewer persons). Loan applications are packaged by a CEDO that services the county your business is or will be located in.
Area served: Pennsylvania Audience: Small Business Owners
Application deadline: Open, no end date posted
Nonprofit loan/grant programs
California
Pacific Community Ventures
The Oakland Restorative Loan Fund
$2.5 million in zero-interest loans are now available to BIPOC or AAPI-owned business through PCV’s new Oakland Restorative Loan Fund. This fund can help combat gentrification and displacement, and support business owners as state and federal grant programs begin to end.
Area served: California Audience: Small Business Owners
Application deadline: Open, no end date posted
