Resources to guide your business through COVID-19
The Michigan SBDC is here to help
We’ve gathered the most up-to-date resources to support your business during the pandemic and beyond.
Paycheck Protection Program (PPP)
This program is for any small business with less than 500 employees (including sole proprietorships, independent contractors and self-employed persons), private non-profit organizations, or 501(c)(19) veterans organizations affected by COVID-19.
PPP2 Application
Please review the PPP2 application and contact your local bank to see if they are participating in the program and can assist you in applying.
PPP2 FAQ
There’s a lot of information to take in with the roll out of PPP2. Check out our PPP2 FAQ page to see if your questions have already been answered.
COVID-19 Stimulus Package: PPP & EIDL Update
With Congress passing a new COVID-19 stimulus relief package, check out this blog post for information and updates on how the new legislation can help your small business.
PPP Loan Forgiveness Application
The U.S. Small Business Administration has released a simplified loan forgiveness application for borrowers who have received Paycheck Protection Program (PPP) loans of $50,000 or less.
Economic Injury and Disaster Loan (EIDL)
The SBA’s Economic Injury Disaster Loan (EIDL) is a low-interest, fixed-rate loan that can provide up to $2 million in assistance for a small business. EIDL funds come directly from the U.S. Treasury.
Targeted EIDL Advance: Frequently Asked Questions
The U.S. Small Business Administration has put together a FAQ to answer common questions regarding the application process, eligibility, program criteria and more.
Eligibility
Learn more about assessment and eligibility for the EIDL through the U.S. Small Business Administration (SBA).
Michigan UIA During COVID-19
Unemployment support has changed. The following links and information will help you navigate these changes and understand what to expect. Read more about the changes and how to apply.
Unemployment enrollment is still open. Benefits and enrollment will be affected as a result of new federal COVID-19 stimulus relief.
Shuttered Venue Operators Grant
The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues with $1.25 billion being allocated by the American Rescue Plan Act. Applications opened on April 8, 2021. You will need a DUNs Number AND a SAMs Number to apply. Learn more about eligibility and how to apply.
Applicant user guide and FAQ: For help with the application process, refer to the applicant user guide and FAQ.
Checklist: Use the checklist to make sure you have everything you need to complete your application.
Call Center: For SVOG application portal technical assistance such as a password reset, browser suggestions, or how to use the multi-factor authentication with an app and the QR code, applicants can call 1-800-659-2955 or, for the deaf and hard-of-hearing 1-800-877-8339 and follow the prompts to SVOG assistance. Starting Saturday, April 24, the center will be open 24 hours a day through Monday evening at 8 p.m. EDT. For additional information and to review applicant resources, visit www.sba.gov/svogrant.
SVOG Preliminary Application Checklist
Application checklist to prepare you to apply for the Shuttered Venue Operators Grant application.
SVOG FAQ
Review these frequently asked questions about the Shuttered Venue Operators Grant program.
DUNs Number
Before applying for the SVOG, make sure you obtain a DUNs Number, which is used to establish your company’s D&B file, which can help potential partners and lenders learn more about your business. Make sure to obtain your DUNs Number before your SAMs Number.
Restaurant Revitalization Fund (RFF)
The Restaurant Revitalization Fund (RRF) was created by the American Rescue Plan Act and will provide $28.6 billion in grants to restaurants and bars in need. These small businesses will be able to apply for grants based on lost revenue. View the application. Learn about eligibility and what the grants can cover.
Additional COVID-19 Resources
View our free resources below to assist you and your small business as you continue to navigate through the impacts of COVID-19.
Michigan SBDC Comeback Kit
Free self-paced course designed for small business owners impacted by COVID-19 to measure the financial viability of their business.
Navigating the Cash Flow Crunch
Read the highlights from our latest webinar on navigating the cash flow crunch caused by COVID-19.
Guidance for Businesses and Employers to Plan and Respond
The Small Business Administration provides guidance for businesses and employers to plan and respond to COVID-19.
Exploring the World of Restaurant POS Systems
Learn about how POS systems can help your restaurant navigate COVID-19.
Resources for Michigan Businesses
Resources for businesses during COVID-19 from the Michigan Economic Development Corporation.
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