COVID-19 Federal Disaster Assistance

If your #PaycheckProtection Program loan was $150,000 or less, you may be eligible to apply for direct forgiveness through SBA's online portal.  


The U.S. Small Business Adminstration is offering low-interest federal disaster loans for working capital to Florida small businesses suffering substantial economic injury as a result of the coronavirus.  Applicants may apply online, receive additional disaster assistance and download applications at   

 The SBA has a significant amount of resources being made available to small businesses in response to the Coronavirus pandemic.  You can learn more here:

Also, the Association of Women's Business Centers has partnered with America‚Äôs SBDC to launch a consolidation of federal resources related to COVID at

The CARES Act and Paycheck Protection Program (PPP)

The initial program was signed into law on March 28 and was rolled out beginning April 3.  On June 5th Congress passed and the President signed reforms to the terms of the PPP lending progam, extending the covered period for loan forgiveness from eight weeks after the date of loan disbursement to 24 weeks after the date of loan disbursement, as well as lowering the percent of a borrower's loan proceeeds that must be used for payroll costs from 75 percent to 60 percent. 

The application deadline for that second round PPP ended August 8th, but with the newest relief package passed in December of 2020, this program will again be available in 2021.  See below for most recent updates as information is released.  

for the PPP program, the SBA is working with approved private lenders (CARES Act and Paycheck Protection Program (PPP) banks and credit unions) to provide further disaster assistance to small businesses.  Small businesses may contact their current banking institution to see if they are an authorized lender.  Download the PPP application here.

SBA has recently released additional guidance re PPP Forgiveness process:

 Clients may also benefit from this free PPP Forgiveness Tool created by the AICPA

UPDATE: In December of 2020, Congress passed a third COVID-19 relief bill.  

On January 8th 2021, the SBA announced that PPP will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13.  The PPP opened to all participating lenders shortly thereafter. 

In order to reach the smallest businesses, SBA will offer PPP loans to businesses with fewer than 20 employees and sole proprietors only from Wednesday, February 24 through Wednesday, March 10, 2021. President Biden has also announced additional program changes to make access to PPP loans more equitable.

Talk to your bank or visit SBA Lender Match site to find a lending institution near you.  


Here are some other resources that may be useful right now as you research what opportunities there are to support your business:

How to Calculate Loan Amounts

Interim Final Rule - Revisions to Loan Forgiveness IFR and SBA Loan Review Procedures IFR

Interim Final Rule - Additional Eligibility Revision to First Interim Final Rule

Interim Final Rule - Certain Eligible Payroll Costs

Frequently Asked Questions Document

Emergency Paycheck Protection Loan

CARES Act Small Business Guide

Paycheck Protection Program Information

Paycheck Protection Program FAQ

Information for Non-Profits from the Florida Nonprofit Alliance

Paycheck Protection Program Loan Forgiveness Application


Other Federal Resources

Employee tax credits for employee paid leave due to COVID-19

Guidance for Business and Employers to Plan and Respond to Coronavirus Disease from the CDC

Guidance from the Department of Homeland Security on who is essential critical workforce

Department of Labor Guidance on Family First Coronavirus Act re Employee Paid Leave

Department of Labor - Posters and Information to Make Available to Your Employees - see the Coronavirus Posters

Department of Labor Posters

The IRS Offers Guidance for Employees on COVID-19 Related Tax Credits for Small and Midsize Businesses and Paid Family Leave

Federal Resources for Small Businesses