As you know, our communities are facing extremely challenging times due to COVID-19. We at Slice know that this is an incredibly hard time for our restaurant partners, especially as they see less and less dine-in traffic.
To help guide our restaurant partners to useful information, we have gathered this list of useful links.
We are closely monitoring the situation and will keep adding new resources and policy updates as we learn more, so keep checking back!
Federal business relief programs:
From the SBA: “Small business owners in all U.S. states, Washington D.C., and territories are currently eligible to apply for a long term low-interest loan due to Coronavirus (COVID-19).
The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.”
State, city, and county-specific relief programs (sorted by state):
COVID-19 Small Business Resiliency Fund – $10,000 for employee salaries and rent for businesses with less than 5 employees.
Small Business Emergency Relief Program – Cash grants of up to $7,500 to businesses
Florida Small Business Emergency Bridge Loan Program – Up to $50,000 per eligible small business. Loans of up to $100,000 may be made in special cases. Interest-free for the first year and 12% per annum thereafter.
Small Business Resiliency Fund – Low-interest loans up to $50,000 for businesses who’ve suffered more than 25% revenue decrease due to COVID-19 and have under 50 employees.
Baker Politico Small Business Recovery Loan Fund – Capital up to $75,000 with under 50 full- and part-time employees, including nonprofits.
Michigan Small Business Relief Program – Grants up to $10,000 (if you have less than 50 employees) and low-interest loans between $50,000 and $200,000 (if you have less than 100 employees)
Small Business Continuity Loan – Zero-interest loans of up to $75,000 for businesses with less than 100 employees.
NYC Employee Retention Grant – 40% of payroll costs covered for businesses with less than 5 employees.
Emergency Business Assistance Program – $2,500 per month in rent or mortgage reimbursement while the city is in a declared state of emergency.
Corporate relief programs and grants:
Google Ad credits for SMBs – $340 million in Google Ads credits available to all SMBs with active accounts over the past year.
Facebook Small Business Grants Program – $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries.