COVID-19 Business Resources

Government Resources

Small Business Administration:

The U.S. Small Business Administration’s West Virginia District Office continues their efforts to assist small businesses during the COVID-19 pandemic. 

West Virginia Small Business Training Opportunities

Q&A with SBA Sessions

The U.S. Small Business Administration’s West Virginia District Office hosts “Q&A with SBA” every Tuesday and Thursday of this month at 2 pm to help debunk common Paycheck Protection Program and Economic Injury Disaster Loan myths.

Join us every Thursday at 12 pm EDT for an unscripted Q&A with SBA session featuring: Kim Donahue, SBA Charleston Branch Manager, Melissa Loder, SBA WV Senior Area Business Opportunity Specialist, and Nikki Bowmar, SBA WV Public Affairs Specialist. No registration required, below is the log on information. 

SBA and Treasury Announce
New EZ and Revised Full Forgiveness Applications for the Paycheck Protection Program

The U.S. Small Business Administration, in consultation with the U.S. Department of the Treasury, has posted a revised, user-friendly Paycheck Protection Program loan forgiveness application implementing the PPP Flexibility Act of 2020. In addition to revising the full forgiveness application, the SBA also published a new “EZ” version of the forgiveness application applying to borrowers who:

  • Are self-employed and have no employees; OR
  • Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
  • Experienced reductions in business activity as a result of health directives related to COVID-19 and did not reduce the salaries or wages of their employees by more than 25%

Details regarding the applicability of these provisions are available in the instructions to the new EZ application form. Both applications give borrowers the option of using the original 8-week covered period (if their loan was made before June 5, 2020) or an extended 24-week covered period. These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan.

  • Click here to view the EZ Forgiveness Application.
  • Click here to view the Full Forgiveness Application.

PP Forgiveness EZ Application Training – made easy as 1, 2, 3!

Join the U.S. Small Business Administration’s West Virginia District Office walk you through the process of filling out the Paycheck Protection Program Forgiveness EZ Application. Registration required, click here

Schedule: 

  • Tuesday, October 6, 2020 at 1pm EDT 
  • Wednesday, October 7, 2020 at 1pm EDT
  • Tuesday, October 13, 2020 at 1pm EDT 
  • Wednesday, October 14, 2020 at 1pm EDT
  • Tuesday, October 20, 2020 at 1pm EDT 
  • Wednesday, October 21, 2020 at 1pm EDT
  • Tuesday, October 27, 2020 at 1pm EDT 
  • Wednesday, October 28, 2020 at 1pm EDT

Frequently Asked Questions on PPP Loan Forgiveness


Click here for Paycheck Protection Program (PPP) Frequently Asked Questions (FAQs) on Loan Forgiveness

Accepting New Applications for Economic Injury Disaster Loans (EIDL)

In response to the Coronavirus (COVID-19) pandemic, small business owners and non-profit organizations in all U.S. states, Washington D.C., and territories are able to apply for an Economic Injury Disaster Loan (EIDL).  EIDL is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue. EIDL proceeds can be used to cover a wide array of working capital and normal operating expenses, such as continuation to health care benefits, rent, utilities, and fixed debt payments.

SBA resumed accepting new Economic Injury Disaster Loan (EIDL) applications on June 15 to all qualified small businesses, including U.S. agricultural businesses.

The new eligibility for U.S. agricultural businesses is made possible by new authority granted by Congress in response to the COVID-19 pandemic. 

 If you have already applied via the streamlined application portal, please do not resubmit your application.

Eligible small businesses, private-nonprofits and agricultural businesses may apply for the EIDL here.

Economic Injury Disaster Loan Information Session

oin SBA’s West Virginia District Office staff for an information session on the Economic Injury Disaster Loan (EIDL). This presentation covers EIDL qualifications, application process, and reconsideration (if denied). The session concludes with a Q&A opportunity for attendees.
Thursday, September 24, 2020 at 2 pm EDT 

Questions regarding an existing application can be directed to SBA’s 24/7 Customer Service Center at 800-659-2955.

To learn more about the relief options available for your business, click here.

Additional information on the CARES Act can be downloaded below:

To stay informed go to: https://www.sba.gov/updates and sign up for their newsletter.

State of WV Information

West Virginia CARES Act Small Business Grant Program

$150 million of West Virginia’s CARES Act funds are set to be distributed to qualifying businesses across the Mountain State. All West Virginia-based small businesses, in existence on February 29, 2020, with 1-35 employees, can apply for up to $5,000 in grant funding.

A $2,000 grant opportunity is now also open to sole proprietors and self-employed individuals that were in operation on or before March 1, 2020.

Businesses planning to apply must first register as a vendor with the State here.  Guidelines for the grants and instructions on how to apply are available here.

West Virginia Tax Department COVID-19 Response Page

Keep up to date on the latest updates from our state office.  https://dhhr.wv.gov/COVID-19/Pages/default.aspx

The WV Small Business Development Center is also working to lessen the impact on WV businesses, and has put together this resource for businesses.  https://americassbdc.org/coronavirus-information/

Funding Resources

The New River Gorge Regional Development Authority received $750,000 in loan fund recapitalization for their revolving loan fund as part of the Appalachian Regional Commission COVID relief investments. This additional funding will be awarded to businesses who have been suffering during the COVID-19 pandemic. To get the application process started, click here.

Local Initiatives Support Corporation (one of the country’s largest social enterprises) and its partners are providing grants to small businesses during this challenging period. Grant applications for round 6 will be accepted beginning August 31, 2020. This program supports small businesses and enterprises, especially those in under-served communities, including entrepreneurs of color, women and veteran owned businesses that often lack access to flexible, affordable capital. Applications will be reviewed based on criteria designed to prioritize particularly challenged businesses. For more information, click here.

The HartBeat of Main Street Grant Program was created by the Hartford Small Business Insurance and Main Street America. This initiative is designed to support brick-and-mortar businesses as they enter the next phases of reopening across the country, while also helping to revitalize and strengthen older and historic Main Street and commercial districts. As an applicant, you may apply for any amount between $5,000 and $15,000 USD. Final awards will be determined on a case by case basis. For the most current information and to apply, visit https://www.mainstreet.org/howwecanhelp/hartbeat.

Facebook is offering $100M in cash grants and ad credits through their Small Business Grants Program. Learn more.

JPMorgan pledged $50 million global philanthropic commitment to support communities and people hit hardest by this public health crisis, including $2 million to existing nonprofit partners and $8 million to assist small businesses. Learn more.

Kabbage launched an online hub to help boost sales for U.S small businesses impacted by COVID-19, including a system through which businesses can sell gift cards to consumers for use at a later date. Learn more.

The James Beard Foundation is launching a fund that will be gathering support from corporate, foundation, and individual donors to provide micro-grants to independent food and beverage businesses in need. Learn more.

MainVest, a crowdfunding platform, announced its new Main Street Initiative: a $2,000, zero-interest, 120 day loan for restaurants or other brick and mortars affected by the shutdown. Learn more.


Other Resources

CO.STARTERS Recovery Guide: This is an amazing group of resources from our training partner, Co.Starters.

COVID-19 Main Street Resources: Guidance resources for your community.