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In response to COVID-19, Congress recently passed the Coronavirus, Aid, Relief and Economic Security (CARES) Act, providing small businesses with relief through loans and tax benefits.

On behalf of the Flagler County Tourism Development Office and the Department of Economic Opportunity, we have teamed up to help you understand the programs associated with the CARES Act and receive the assistance you are eligible for. Please email any questions to: alukasik@visitflagler.com.

 

Choose the business size that applies to you:

 

501c3

paycheck protection program

Paycheck Protection Program (Business Interruption Loans)

The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The loan amounts will be forgiven as long as:

  • The loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week period after the loan is made; and
  • Employee and compensation levels are maintained.

Where can I apply? You can apply through any existing SBA lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating.

Steps to apply:

  1. Learn More
  2. Find Eligible Lenders
  3. Complete Application

 

economic disaster injury loanEconomic Injury Disaster Loans (EIDL)

Small business owners, sole proprietors and 1099 workers in all U.S. states and territories are currently eligible to apply for a low-interest loan due to Coronavirus (COVID-19).

The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan (EIDL) program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. 

Steps to apply:

  1. Learn More
  2. Complete Application

 

Community Development Block Grant (CDBG)

The Community Development Block Grant (CDBG) Entitlement Program provides annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons. The program is authorized under Title 1 of the Housing and Community Development Act of 1974, Public Law 93-383, as amended; 42 U.S.C.-5301 et seq.

HUD awards grants to entitlement community grantees to carry out a wide range of community development activities directed toward revitalizing neighborhoods, economic development, and providing improved community facilities and services.

Learn More


 

501c4

economic disaster injury loanEconomic Injury Disaster Loans (EIDL)

Small business owners, sole proprietors and 1099 workers in all U.S. states and territories are currently eligible to apply for a low-interest loan due to Coronavirus (COVID-19).

The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan (EIDL) program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. 

Steps to apply:

  1. Learn More
  2. Complete Application

 

Community Development Block Grant (CDBG)

The Community Development Block Grant (CDBG) Entitlement Program provides annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons. The program is authorized under Title 1 of the Housing and Community Development Act of 1974, Public Law 93-383, as amended; 42 U.S.C.-5301 et seq.

HUD awards grants to entitlement community grantees to carry out a wide range of community development activities directed toward revitalizing neighborhoods, economic development, and providing improved community facilities and services.

Learn More


 

501c6

economic disaster injury loanEconomic Injury Disaster Loans (EIDL)

Small business owners, sole proprietors and 1099 workers in all U.S. states and territories are currently eligible to apply for a low-interest loan due to Coronavirus (COVID-19).

The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan (EIDL) program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. 

Steps to apply:

  1. Learn More
  2. Complete Application

 

Community Development Block Grant (CDBG)

The Community Development Block Grant (CDBG) Entitlement Program provides annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons. The program is authorized under Title 1 of the Housing and Community Development Act of 1974, Public Law 93-383, as amended; 42 U.S.C.-5301 et seq.

HUD awards grants to entitlement community grantees to carry out a wide range of community development activities directed toward revitalizing neighborhoods, economic development, and providing improved community facilities and services.

Learn More


 

501c7

economic disaster injury loanEconomic Injury Disaster Loans (EIDL)

Small business owners, sole proprietors and 1099 workers in all U.S. states and territories are currently eligible to apply for a low-interest loan due to Coronavirus (COVID-19).

The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan (EIDL) program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. 

Steps to apply:

  1. Learn More
  2. Complete Application

 

Community Development Block Grant (CDBG)

The Community Development Block Grant (CDBG) Entitlement Program provides annual grants on a formula basis to entitled cities and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons. The program is authorized under Title 1 of the Housing and Community Development Act of 1974, Public Law 93-383, as amended; 42 U.S.C.-5301 et seq.

HUD awards grants to entitlement community grantees to carry out a wide range of community development activities directed toward revitalizing neighborhoods, economic development, and providing improved community facilities and services.

Learn More


 

501c19

paycheck protection program

Paycheck Protection Program (Business Interruption Loans)

The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The loan amounts will be forgiven as long as:

  • The loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week period after the loan is made; and
  • Employee and compensation levels are maintained.

Where can I apply? You can apply through any existing SBA lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating.

Steps to apply:

  1. Learn More
  2. Find Eligible Lenders
  3. Complete Application

 

economic disaster injury loanEconomic Injury Disaster Loans (EIDL)

Small business owners, sole proprietors and 1099 workers in all U.S. states and territories are currently eligible to apply for a low-interest loan due to Coronavirus (COVID-19).

The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). The SBA’s Economic Injury Disaster Loan (EIDL) program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. 

Steps to apply:

  1. Learn More
  2. Complete Application

 

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