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COVID-19 Relief Resources for LIHEAP Service Providers

It is critical to plan for the uncertainty that lies ahead as we continue to respond to the ever-changing developments regarding the COVID-19 pandemic. Remote work, Shelter-in-Place and Stay-at-Home orders, social distancing safety measures, layoffs, and prolonged economic instability will leave behind an inevitable crisis when the pandemic recedes.

Prepare for your organization and for the communities you serve. The following Coronavirus Aid, Relief, and Economic Security (CARES) Act programs are available on a first-come-first-serve basis :

Paycheck Protection Program

The Paycheck Protection Program is a 100% guaranteed loan for employers who maintain payroll. The maximum loan amount is calculated on past year's payroll up to $10 million. The loan is forgivable on allowable expenses, which include payroll costs, mortgage interest, rent and utilities, but at least 75% must be for payroll. You can defer payments for 6 months. 

• Paycheck Protection Program information is available HERE
• Paycheck Protection Program Application The form reflects the data fields that will be collected electronically from lenders participating in the program
• PPP Lending Banks

Economic Injury Disaster Loan

The Economic Injury Disaster Loan provides direct loans by the SBA for up to $2 million at a rate of 3.75% for small businesses and 2.75% for nonprofits. You may seek an Advance  on the Economic Injury Disaster Loan of up to $10,000 within three days of a successful application. Advance money is a grant and will not have to be repaid. 

• Economic Injury Disaster Loan information is available HERE
• Economic Injury Disaster Loan Application