Resources for Small Businesses and Entrepreneurs during the Coronavirus Outbreak
NOTE/ Applications, tools, and services listed/linked in this post are NOT sponsored.
Keeping a list of resources going here from items I've mentioned on Instagram so you can easily grab whatever you need in one go.
Updated 8/3/2020.
Apply for Unemployment for Self-Employed/Independent Contractors
Check with you unique state for their process. You can find your state unemployment website here. This list is directly linked on the Department of Labor (DOL) website (CareerOneStop is sponsored by the U.S. Department of Labor, Employment and Training Administration).
Fintech companies currently accepting PPP applications...
PayPal stopped accepting applications at the end of June, but this page has helpful info on applying for forgiveness.
Kabbage still accepting applications. The Paycheck Protection Program resumed accepting applications July 6, 2020, at 9:00 AM EDT in response to President signing the program's extension legislation. The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020.
Intuit currently open to existing payroll customers with a coming soon status for non-payroll users.
Square applications closed. Their bank partner is no longer participating in PPP, so they have stated they are no longer accepting applications. They state they are working on an easy loan forgiveness application - the page still has some helpful FAQs.
Consider reaching out to your local community or small business bank to obtain round 2 PPP funding...
https://www.sba.gov/paycheckprotection/find
SBA Coronavirus Relief Options
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options
Sara Blakely and Spanx are gifting $5M to female-owned businesses!!!
https://www.globalgiving.org/redbackpackfund/ The application portal will open at 12 p.m. ET on Aug. 3 and close at 12 p.m. ET on Aug. 10.
Facebook Small Business Grants Program
https://www.facebook.com/business/boost/grants
Intuit QuickBooks® is teaming up with GoFundMe to create a Small Business Relief Initiative to help small businesses raise money to overcome the challenges caused by COVID-19
Gusto (one of my favorite payroll and benefits processing platforms) has created a valuable and extensive list of current resources for small businesses that they are updating regularly. It includes details and links to all mentioned resources (including state and local).
https://gusto.com/covid-19/small-business-financial-relief?utm_source=resourcesheet
The intro/summary of what's in the spreadsheet can be viewed here.
Help those in need PLUS get help on editing your content during COVID-19.
https://www.eringreenawald.com/editforme
Lis Lee Accounting is not a financial planner, broker, or tax advisor. Neither Lis Lee Accounting nor the content herein are intended to provide legal, tax, or financial advice. The content and materials are intended only to assist you in your general organization and decision-making for your business or practice. Lis Lee Accounting shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof.