ECG’s Office of Economic & Community Development monthly assembles a list of current grants and funding opportunities that may be relevant to your needs. Highlighted are program offerings by the U.S. Small Business Administration (SBA) Economic Injury Disaster Loans and the U.S. Small Business Administration Paycheck Protection Program. We update this regularly and will continue to share information about additional funding opportunities. 

Small Business Administration Economic Injury Disaster Loans
Grantor: U.S. Small Business Administration (SBA)  

Due: Ongoing (additional funding recently made available)

The U.S. Small Business Administration 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). 

Small Business Administration Paycheck Protection Program Loans
Grantor: U.S. Small Business Administration (SBA)  

Due: Ongoing (additional funding recently made available)

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.