COVID-19 has been an unprecedented disruption for organizations and individuals globally. While the impact has been universal, small businesses have been particularly hard hit by COVID-19.
In response, the recently passed CARES Act includes critical access to financial assistance for small businesses. But with many options now available, it can be hard to determine eligibility and apply, potentially delaying access to needed funds.
As a part of our ongoing efforts to help our communities during these unique times, we’re excited to share the launch of the COVID-19 Small Business Loan Accelerator.
This free, publicly available online diagnostic tool helps small business owners quickly evaluate eligibility for financial assistance programs offered by the Small Business Administration and generate an application for the Paycheck Protection Program (PPP).
The application provides the following to small businesses:
Simply visit the application page here and go through the following process:
You can determine eligibility for a number of programs available through the SBA, including:
“With COVID-19’s devastating impact on small businesses, the CARES Act puts forth a range of substantial programs and money to help small businesses adapt quickly,” said Jay Jamison, chief product & technology officer at Quick Base. “The problem is that small businesses often struggle to navigate the maze of government regulations and programs successfully. Quick Base is committed to doing our part to help, and we have built this app to provide a way to streamline the process small business owners will have in applying for relief, aid and loan programs.”