Business Relief and Aid Updates

Business Relief and Aid Updates

This page is periodically updated with new relief and aid programs introduced through continuing CARES Act funds as well as the American Rescue Plan Act

EDA American Rescue Plan Programs – Investing in America’s Communities

Under the American Rescue Plan, EDA was allocated $3 billion in supplemental funding to assist communities nationwide in their efforts to build back better by accelerating the economic recovery from the coronavirus pandemic and building local economies that will be resilient to future economic shocks. This EDA investment is the largest economic development initiative from…

SBA Announces PPP Direct Forgiveness Portal

The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA. “We are very excited about the new PPP portal for our businesses and lenders. In Utah, we have approved over 62,000…

SBA Restaurant Revitalization Fund

“Today, we are starting the process to help restaurants and bars across the country devastated by the pandemic, and this is our message: help is here.” Isabelle Casillas Guzman Administrator, United States Small Business Administration SBA Announces Official Restaurant Revitalization Fund Application and Guidelines The SBA has announced key details on application requirements, eligibility, and…

Small Business Assistance Grants

The Five County Association of Governments utilized CARES Act funding funneled through the Community Development Block Grant program to award 42 small businesses across the region in the initial critical months of the pandemic. By the completion of the program, Five County awarded over $200,000 to companies in the manufacturing, food services, hospitality, and tourism industries