During this unprecedented time, small businesses are being hit the hardest. It is crucial to remain up-to-date on the resources within your local community and the latest business regulations.
We recognize that it is not easy to navigate with all of the information flow coming your way. If you are uncertain of what information you need to provide regarding any loan application, please reach out to us and we can assist you in the process.
Please utilize the information below, Withum’s COVID-19 Recovery Funding and Finance Assistance or Withum’s COVID-19 Resource Center for guidance on how your business can operate in the current state.
Business/Financial Resources
Through the Small Business Association (SBA), the Federal Government is offering financial assistance with SBA 7(a) Relief Loans under the Coronavirus Aid, Relief and Economic Security (CARES) Act and the SBA 7(b) Economic Injury Disaster Loan (EIDL) program.
Who is Eligible?
Each of these distinctive programs may be available to all small businesses, and include different loan processes, provisions and terms. Details for each program are linked below. If you have any additional questions, please reach out to Withum’s SBA Financial Assistance Services Group.