Additional Resources prepared by the NFIB Research Center and Federal Government Relations Team:
NOTE: These summaries may not be relied upon for tax and legal advice.
Small Business Loans Side by Side Comparison (probably the most helpful document)
Treasury updated the PPP section today, click here
SBA updated the PPP application section today, click here
PPP application form click here
Starting Friday, April 3, 2020, small businesses and sole proprietorships can apply.
Starting April 10, 2020, independent contractors and self-employed individuals can apply.
We encourage you to apply as quickly as you can because there is a funding cap.
Current list of banks and financial institutions in Virginia who are able to offer PPP forgivable loans (this list will likely be updated as more lenders are approved by the SBD to offer assistance)
SBA 7(A) LENDERS Preferred (PLP), SBAExpress, Community Advantage and Veteran Incentive Lenders click HERE
Guide to New Federal Lending Options (all in one place)
NFIB Webinars are on NFIB.com/Coronavirus, which includes:
Financial Resources and Updates for Small Businesses (Monday, March 30) (updates on loans, tax advantages, and more details on paid leave requirements)
Congressional and Legal Update for Small Businesses (Friday, March 20) (first update on paid leave requirements)
How Small Businesses, Workers, and Workplaces Should Respond to COVID-19 (Friday, March 13) (first information on how small businesses should respond)