A Patchwork of Small Business Grants and Loans
Some states, cities and companies also are offering relief to businesses that could help fill gaps until federal assistance arrives.
Beyond the U.S. government’s two major emergency loan programs (the Paycheck Protection Plan is attracting criticism for failing to disburse money quickly enough), some states and cities are offering relief to local businesses in the form of grants, loans, and loan guarantees. The programs are largely meant to help fill gaps until federal assistance arrives. A handful of major businesses and nonprofits are also making grants that aren’t limited to specific locations. We’ve compiled this list of select regional, local and corporate resources.
Check state and local government websites for additional programs. Keep in mind that because of strong demand, some of the loans and grants included here may run out of money soon. More than a dozen programs we researched (and did not include) have already stopped accepting applications.