[Updated August 3, 2020]

Small and medium-sized independent businesses have been disproportionately impacted by COVID-19. Several industries--notably, those with brick-and-mortar outfits--have been especially impacted. According to CNN and Womply, a data subscription service, as of April 15, 59% of independent Chinese restaurants across the United States have stopped accepting debit and credit card transactions, indicating that have ceased operations. Learn how to support your business and employees. 



The CARES Act currently provides temporary relief packages through the U.S. Small Business Administration (SBA). The relevant loans for most small businesses will be the (1) Economic Injury Disaster Loan and (2) Paycheck Protection Program. Refer to the US Chamber of Commerce Foundation’s Emergency Loan Guide for additional information and to determine how much to apply for.
If you need information in Spanish, refer to the SBA's Spanish resources. If you need information in Asian languages, refer to National ACE’s in-language CARES Act Guide or contact their interpreter services at 1-800-659-2955.


[Extended deadline updated 7/1/2020]

The forgivable PPP Loan is emergency relief assistance aimed at sustaining businesses and keeping employees on the payroll. These are low-interest, forgivable loans that can be used to cover payroll, and most mortgage interest, rent, and utility costs. There is over 130 billion dollars left in PPP funding! Use the SBA’s free Lender Match Tool to connect with many lenders still accepting PPP loan applications. You’ll receive responses within 2 business days to begin your application. 


The SBA’s SCORESmall Business Development Centers, Women's Business Development Centers, and Veterans Business Outreach Centers have local business coaches and volunteers who can help you complete your PPP loan application. Keyword search for these organizations near your ZIP Code. 

MBAs Fight COVID, a nationwide network of MBA volunteers, is also providing small businesses with pro bono help to complete PPP loan applications.


If you’ve already applied for a PPP Loan and haven’t heard back, reach out to the lender’s customer success team or submit another application on a different lending platform. You can submit multiple PPP loan applications! 

Lenders are required to approve or deny the loan within 10 business days, but responses within 3-5 business days are more typical. 

Once your loan is approved, you will get an SBA loan number, and your other applications will be canceled on the back end. 


If you've already received for a PPP loan, you can apply for loan forgiveness. The SBA will fully forgive the principal of PPP loans given to businesses impacted by COVID-19 that meet certain requirements. 

To get full loan forgiveness, you must follow an application process with several rules and calculations. Visit the SBA website to learn more.
Complete the PPP Loan Forgiveness Application today.


 There is over 130 billion dollars left in PPP funding! Help spread the word in your local communities by sharing these assets on social media. Tag @TheAllofUsMovement @GoldHouse @SBA to be featured!

We also have translated versions of these shareable assets in 8 languages here

There has been a low number of applications from small businesses in ethnic enclaves, such as immigrant Asian small business owners, despite being disproportionately impacted by the pandemic. Help spread the word to minority small business owners across the country and increase their applications to the PPP to help sustain themselves through this crisis!

See below for more information on the PPP on the SBA website in the following languages:

SBA Paycheck Protection Program Forgiveness Live Town Hall - July 27, 2020


Businesses can apply for loans up to $2 million through the EIDL. The plan also provides loan advances up to $10,000 that does not have to be repaid, effectively making it a grant. To determine eligibility and apply online, fill out the EIDL Application. (The estimated completion time is around 2 hours.) 

The EIDL is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue. The funds can be used as working capital to cover business expenses such as healthcare benefits, rent, utilities, and fixed debt payments.


Quality childcare is foundational to America’s labor market and economy, allowing millions of parents to go to work or attend school each day. The COVID-19 crisis has hit the childcare industry especially hard, causing widespread layoffs, catastrophic drops in enrollment, and mandatory closures.
Many childcare facilities remain open, operating at only a fraction of their income, in order to provide care in this time of incredible need and uncertainty. 

If you or someone you know owns a child care facility or are child care sole proprietors, apply for the forgivable Paycheck Protection Program loan! Please visit the Administration for Children and Families (a division of US Health and Human Services) for more information.


In addition to federal assistance, a number of local organizations are providing aid through various grants and fundraisers. This Database of Localized Resources (crowdsourced and regularly updated) provides a wide-ranging list of options organized by region and specific needs. 

Corporations and foundations are also giving resources to small businesses, which can range from direct relief funds to free/discounted access to their services. Refer to Gusto’s Relief Resources for SMBs to find more information about different corporate and government programs. 


Many national and community organizations have compiled resources to help small businesses. We recommend visiting the National ACE, Asian American Arts Alliance and Asian Pacific Community Fund websites for additional help. 

The National Immigration Law Center has created a list of resources to aid undocumented immigrants and their families in better understanding existing laws and policies during the COVID-19, as well as the recently-passed Families First Coronavirus Response Act and the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

The OCS Tribal Services Workgroup works with tribes and tribal organizations to keep these populations informed of opportunities available to them within the Office of Community Services and 

The Administration for Children and Families (ACF) during 

COVID-19. Examples of ACF programs include: Temporary Assistance for Needy Families (TANF), child welfare, the Low Income Home Energy Assistance Program (LIHEAP), and Social and Economic Development Strategies (SEDS). Additional COVID-19 response resources for Native Americans can be found at the US Department of Indian Affairs