The SBA and IRS have multiple relief programs available to small business experiencing hardship during the COVID-19 crisis, including:
- Employee Retention Credit (ERC)
- 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 or irs.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.
Employee Retention Credit
The Employee Retention Credit (ERC) is a refundable payroll tax credit available through the CARES Act to businesses impacted by COVID-19.
Download our fact sheet to learn more about the ERC and see if you qualify. Visit irs.gov for more information and speak with your accountant to discuss claiming the credit.
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.