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Financial Assistance for Businesses

  • On March 27, President Trump signed the Coronavirus Aid Relief and Economic Security (CARES) Act that has options to help small businesses affected by COVID-19.
  • U.S. Small Business Administration Disaster Loan 
    • The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). 
  • Golden Leaf Foundation
    • COVID-19 Rapid Recovery for Small Business
    • The North Carolina COVID-19 Rapid Recovery Lending program supports North Carolina small businesses and family farms as they recover from the economic impact of COVID-19. This rapid recovery loan helps small businesses bridge the gap between when crisis strikes and when federal loans, insurance payouts, and other relief funds are approved, or businesses have time to recover.
  • Mountain Biz Works COVID-19 Rapid Response Loan
    • Mountain BizWorks is providing NC COVID-19 Rapid Recovery Loans as as vital resource to help Western North Carolina small businesses be resilient and adaptive in the face of the corornavirus crisis. These are primarily designed to be a timely source of bridge loan financing until businesses can access SBA Disaster or other federal disaster funding.
  • Thread Capital
  • Self Help Credit Union
  • Carolina Small Business Development Fund
  • NC Community Development Initiative