Congress recently passed the Coronavirus Aid, Relief, and Economic Security Act, or the CARES Act opening more than $350 billion in federal relief to businesses through emergency loans, forgivable bridge loans, grants, and more. Here’s a list some of the federal agencies that may be able to provide relief for your business.



    
Agency name
Programs ​

Shutter Venue Operators Grant (SVOG)

The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance. Learn more

Restaurant Revitalization Fund Grants

The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Learn More

Target EIDL Advance

This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue. Learn more

EIDL

This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue. Learn more

Small Business Administration


Economic Injury Disaster Advance Loan
Advances will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application and the advance will not have to be repaid. Learn more.

U.S. Department of Agriculture

Single-family Housing Direct Programs Continuity of Operations
For a period of 60 days, all foreclosures on borrowers with USDA Single-Family Housing District (SFHD) loans and evictions of people in SFHD secured properties will be suspended. Get more information.

Housing and Urban Development (Hud)

Foreclosure and Eviction Moratorium
All foreclosures and evictions of Federal Housing Administration-insured mortgages will be suspended for a period of 60 days. Learn more.

U.S. Internal Revenue Service

COVID-19 Response
The IRS is giving people and businesses a 90-day extension file their taxes and make tax payments. The new tax filing closing date is July 15, 2020. Get more information.

Export-Import Bank of The United States

EXIM Bank Pre-Delivery/Pre-Export Financing Program
These loans can help provide short-term liquidity to manufacturers who will not be able to receive pre-export payments from foreign buyers or if they’re unable to convert their finished products into cash because of the inability to deliver a finished product to a foreign customer. Get more information.

Working Capital Guarantee Program
This is an asset-based lending program where the amount a borrower/exporter can borrow is determined by availability on a borrowing base. Learn more.

EXIM Bridge Financing Program
These loans provide foreign customers of U.S. exporters temporary, short-term bridge financing to enable to acquire U.S. goods and services. Get more information.

Freddie Mac

Enhanced Relief for Borrowers Impacted by COVID-19
A nationwide suspension of all foreclosure sales and evictions of borrowers living in homes owned by Freddie Mac. In addition, services of Freddie Mac-owned properties have access to a suite of mortgage relief options to assist borrowers and additional disaster-related loan modifications. Learn more.