The SBA has multiple relief programs available to small business experiencing hardship during the COVID-19 crisis, including:
- Paycheck Protection Program (PPP)
- Restaurant Revitalization Fund (RRF)
- COVID-19 Economic Injury Disaster Loan (EIDL)
- Shuttered Venue Operators (SVO) Grant
Download our COVID-19 Relief Guide to learn more about these available programs.
For more information, requirements, and application details, visit: www.sba.gov. Be sure to check back often as program requirements change and new forms of relief are added.
To see if Firestone can help, call 1-800-851-1001 option 7 or email us for assistance.
COVID-19 Relief Quick Guides
With all of the different aid currently available, it can be a challenge to keep track of your options and determine which are the best fit for your business and unique situation. Use our quick guides to help understand the difference and how you can utilize multiple types of relief.
Download our COVID-19 Program Comparison Guide to learn more about these available programs.
Use the Cross-Program Eligibility Guide to see the best combination of programs that you may qualify for to maximize your benefits.
Paycheck Protection Program
The SBA's Paycheck Protection Program (PPP) helps businesses keep their workforce employed during the COVID-19 crisis. A second draw is available to qualifying businesses who received a first round loan.
Download our fact sheet to learn more about PPP loans to help determine if it's the right fit for you.
Ready to apply for your first or second draw? Firestone Financial, with our parent company Berkshire Bank, has arranged for a third party loan portal to accept PPP loan and forgiveness applications. Click here to start your application.
For more information on applications and forgiveness, visit: www.sba.gov. Check back regularly as guidelines are subject to change.
To see how Firestone Financial can help with PPP loans, call 1-800-851-1001 option 7 or email us for assistance.
Restaurant Revitalization Fund
The Restaurant Revitalization Fund (RRF) is a tax-free federal grant program administered by the SBA, designed to help restaurants facing hardship because of COVID-19.
Use our fact sheet to learn more and see if you might be a candidate for this grant.
Visit SBA.gov for more information on this program as it becomes available.
Covid-19 Economic Injury Disaster Loan
The Economic Injury Disaster Loan (EIDL) program is a low-interest loan program that provides economic relief to businesses experiencing a temporary loss of revenue due to COVID-19
Apply for EIDL online directly with the SBA: covid19relief.sba.gov
Shuttered Venue Operators Grant
The Shuttered Venue Operators (SVO) Grant is an emergency assistance program administered by the SBA for live venue operators whose business has been closed due to COVID-19.
Use the SVO fact sheet to learn more about the program and requirements.
The application process and deadline has not yet been announced. Visit SBA.gov for more information as it becomes available.