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Small Businesses

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Jay103
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Joined: 01/23/2018

If you're in the US and have an actual company with revenue and expenses and all that, be sure to check out:

https://covid19relief.sba.gov/#/

Up to $10,000 grants available if you're being economically harmed by the pandemic. This applies even for sole proprietorships with no employees or salaries. It will ask you about your revenue and COGS for 2019, and for your bank account info, and it sounds like they can then ask your bank for your records to look them over.

questccg
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Joined: 04/16/2011
I've read something similar

Basically in Canada what I was reading is that some small/medium sized business may apply for up to $40,000 CAD in a GRANT. And this would be interest free and if re-paid back before December 2022, a 25% discount off the amount would be applied. So if you got $4,000 you would only need to re-pay $3,000 and keep the extra $1,000 CAD!

Jay103
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Joined: 01/23/2018
Yeah, we have two loan

Yeah, we have two loan programs (one of which is just kicking off now, poorly and slowly), but also this grant program which does not involve paying back anything.

They don't really ask for much information at all, so I'm curious how this will go. My in-person sales are basically all at Ren Faires right now, and that certainly will be impacted by COVID..

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