The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.

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.

You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.

Lenders may begin processing loan applications as soon as April 3, 2020. The Paycheck Protection Program will be available through June 30, 2020.

Go HERE to download the Paycheck Protection Program Borrower Application Form.

Google is offering grants to tax-exempt, nonprofit organizations to help with advertising!

This is a great program, and according to Google, it will enable you to reach more donors online, attract donors, raise awareness for your organization, and recruit volunteers with in-kind advertising on Google Search.

Ad Grants provides access to $10,000 USD of in-kind advertising every month for text ads.

How Google Ad Grants works
You’ll receive $10,000 USD of in-kind advertising from Google each month to create text-based ads, and get access to tools to help you build effective campaigns that can display on Google Search when people look for information related to your nonprofit.

To see if you're eligible, click HERE.

To help you get started, go here to request a Google for Nonprofits account.

This SBA bridge loan enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.

The Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan.

If a small business has an urgent need for cash while waiting for decision and disbursement on an Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.

The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic, through their SBA Debt Relief for small business program.

As part of SBA's small business debt relief efforts,

• The SBA will automatically pay the principal, interest, and fees of current 7(a), 504, and microloans for a period of six months.
• The SBA will also automatically pay the principal, interest, and fees of new 7(a), 504, and microloans issued prior to September 27, 2020.

In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. This advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available following a successful application. This loan advance will not have to be repaid.

This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.