COVID-19 Small Business Resources
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Latest COVID-19 News

SMALL BUSINESS OWNER’S GUIDE TO THE C.A.R.E.S. ACT

The coronavirus pandemic is affecting small businesses in a variety of ways. From loss of business to remote work, things are changing fast during the COVID-19 outbreak and businesses are being forced to adapt. NewQuest is working to bring you the best tenant resources and information to help you navigate this challenging time.

 


SBA Debt Relief LEARN MORE

The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.

• The SBA will automatically pay the principal, interest, and fees of current 7(a) loans for a period of six months.

• The SBA will also automatically pay the principal, interest, and fees of new 7(a) loans issued prior to September 27, 2020.


PAYCHECK PROTECTION PROGRAM LEARN MORE

Provides federally-guaranteed loans up to a maximum amount of $10 million to eligible businesses, which can be partially forgivable, to encourage businesses to retain employees through the COVID-19 crisis by assisting in the payment of certain operational costs.

• PPP Borrower Information Fact Sheet


PPP Loans | 1099 Independent Contractors APPLY NOW

Independent Contractors can now apply for Paycheck Protection Program loans.


APPROVED ONLINE SBA LENDER APPLY NOW


COVID-19 ECONOMIC INJURY DISASTER LOAN APPLICATION APPLY NOW

Borrowers may apply for an Emergency Economic Injury Disaster Loan (EIDL) grant in addition to a loan under the Paycheck Protection Program, provided the loans are not used for the same purpose. If a borrower received a loan under 7(b)(2) after January 31, 2020, the borrower may refinance the outstanding balance as part of a loan under the Program.


COVID-19 MICROLOAN PROGRAM LEARN MORE

The Small Business Administration (SBA) Microloan Program provides direct loans and grants to eligible non-profit microlenders so that they may provide micro-level loans, and business based training and technical assistance to start-up, newly established and growing small business concerns.


LIFTFUND:
Community Development Financial Institution
APPLY NOW

LiftFund, alongside other CDFIs, are leading the way to administer SBA loan funding to qualified Texas small businesses. If all stipulations are met, small business can have their loans forgiven in full by the SBA.


SBA LOAN SUPPORT FOR FEMALE-OWNED BUSINESSES

• Sara Blakely Red Backpack Fund

• TWU AssistHer Emergency Relief Grant


SCORE | (COVID-19) SBA Loan Assistance REQUEST SUPPORT

As a resource partner of the SBA, SCORE provides virtual mentoring for small businesses impacted by (COVID-19) to help you navigate through the SBA process.