Here are various loan and grant options for businesses, some agricultural producers, and non-profits.
Description: SBA – Economic Injury Disaster Loans for small businesses or private non-profit organizations impacted by COVID-19.
Eligibility: Agricultural Producers, For-Profit Organizations, Nonprofit Organizations
Closing Date: Dec 31, 2020
Description: Bolsters the availability of private credit by guaranteeing loans for rural businesses. This program improves the economic health of rural communities by increasing access to business capital.
Eligibility: Agricultural Producers, For-Profit Organizations, Local Government & Authority, Nonprofit Organizations, Public/Private Institutions of Higher Education, State.
Closing Date: None Listed
Description: For Minority Business Centers of the Minority Business Development Agency to provide technical assistance, counseling, training, and education on federal resources and business response to coronavirus for small businesses.
Eligibility: Nonprofit Organizations
Closing Date: None Listed
Description: Allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.
Eligibility: Small businesses who currently have a business relationship with an SBA Express Lender.
Closing Date: None Listed
Description: The SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020.
Eligibility: Current 7(a), 504, and Microloans in regular servicing status and new 7(a), 504, and Microloans disbursed prior to September 27, 2020.
Closing Date: This assistance is automatically applied
Description: The program provides guaranteed loan financing and grant funding to agricultural producers and rural small businesses for renewable energy systems or to make energy efficiency improvements. Agricultural producers may also apply for new energy efficient equipment and new system loans for agricultural production and processing.
Eligibility: Agricultural producers with at least 50 percent of their gross income coming from agricultural operations. Small businesses in rural areas with a population of 50,000 or less.
Closing Date: Applications for Grants of $20,000 or Less and Loan/Grant of $20,000 or Less Combo due by Nov. 2, 2020, or March 31, 2021. Applications for Unrestricted Grants or Loan/Unrestricted Grant Combo due by March 31, 2021. Guaranteed Loans are accepted on a continuous cycle.
Description: This program offers loan guarantees to lenders for their loans to rural businesses and agricultural producers to supplement their working capital to prevent, prepare for and respond to the economic impacts of the coronavirus.
Eligibility: Lenders need the legal authority, financial strength, and sufficient experience to operate a lending program. Includes: federal or state-chartered banks; savings and loans; farm credit banks; and credit unions. All borrowers must have been in operation on February 15, 2020.
Closing Date: Sep 15, 2021
Description: Funding is available now through the Green River Area District’s COVID-19 Revolving Loan Fund (RLF) to small businesses for start-ups or expansions with zero interest for the first year! Loans through RLF will finance the following types of activities:
- Purchase of machinery, equipment, and/or fixtures;
- Working capital; and/or
- Other activities that will promote industrial, commercial, or tourism enterprise development.
Eligibility: Businesses in the industrial, commercial, agricultural, and service sectors, as well as those businesses that have been economically impacted by the COVID-19 pandemic.
Description: EDA is excited to announce the FY 2020 Scaling Pandemic Resilience Through Innovation and Technology (SPRINT) Challenge. EDA is seeking applications from eligible organizations working to rapidly address the economic, health, and safety risks caused by the coronavirus pandemic through entrepreneurship and innovation. This national competition is designed to support the development, creation, or expansion of the programs that accelerate technology-based economic development in pursuit of vibrant, innovative economies and economic growth, and respond to the challenges caused by the coronavirus pandemic. Funds should be used to support one or more of the following activities:
- Scaling biotechnology, health security, and supply chain technologies to market;
- Increasing regional, national, and government connectivity to support commercialization and entrepreneurship;
- Developing new and unique investment capital models to address the financial needs of entrepreneurs;
- Developing and scaling entrepreneurship support models to address the virtual and remote work environment of the pandemic.
Eligibility: State, County, Cities, Indian Tribe(s), or other political subdivisions of a state, Public or Private Non-profit organization or association, Institutes of Higher Education, EDA-authorized Economic Development District.
Closing Date: December 3, 2020 at 11:59 PM EST