Tools to Help Reopen Your Business

Small Business Administration (SBA) sent this bulletin at 06/02/2020 11:01 AM EDT

SBA Kentucky District Office News - June  2020
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Online Tools to Help You

Tools to Help You Reopen 

PPP Funds Still Available. Apply Now.

This program provides forgivable loans to small businesses that keep employees on the payroll. Use the funds for payroll, rent, mortgage interest  or utilities. Learn more. 

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Rhonda Hatfield, Owner of Blue Halo Med Spa

Fighting Through COVID-19 

Rhonda Hatfield, owner of Blue Halo Med Spa, had to close due to the COVID-19 pandemic. She then applied for an SBA PPP and EIDL loans to sustain the business. 

She obtain and SBA Paycheck Protection Program (PPP) loan and has brought some employees back to work. She plans to bring the rest back soon and hire two more.

She also applied for an Economic Injury Disaster Loan (EIDL) and EIDL Advance grant. Read her story here.

EIDL Available for Agriculture Industry

Agricultural businesses are now eligible for the SBA Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. Learn more. 

 SBA Economic Injury Disaster Loan (EIDL)

SBA is continuing to process applications on a first-come, first-served basis. 

   Disaster Assistance Customer Service Center for EIDL / EIDL Advance

1-800-659-2955 (TTY: 1-800-877-8339) or disastercustomerservice@sba.gov

Beware of Scams and Fraud Related to COVID-19

SBA Official Seal

Fraudsters are targeting small business owners during these economically difficult times.

Watch out for grant fraud, loan schemes, and phishing scams. Learn more. 

Get the latest information on SBA loans, small business resources and events.

https://twitter.com/sba_kentucky       

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Webinars on COVID-19 & Reopening

Details here under Small Business Events.

More events listed here, at this link or SBA.gov.