COVID-19 Business Resources and Support

RESOURCES FOR MICHIGAN SMALL BUSINESSES AFFECTED BY COVID-19
NAWBO GDC has compiled the links below regarding funding, procedures and other information as it relates to the COVID-19. We will continue to monitor sites and add information.

The Paycheck Protection Program (PPP) portal re-opened on January 19th to ALL lenders for 1st and 2nd draw loan applications.

The SBA wants us to stress two main points 
to NAWBO members: 

There will be enough money. Don’t worry.

The process will take longer this time because they are verifying businesses more thoroughly on the front-end to prevent fraud. (The business will submit forms to lender, the lender will send them to SBA, SBA will have them for a length of time before they are sent back to the lender with a loan number.) Please be patient with the timeframe.  

Here are the applications:

Updated First Draw Forms

 

Second Draw Forms

 

NEW PROGRAM: Through RISE!, Comerica is providing millions in financial resources to help local businesses and communities.Read more about  Comerica's COVID-19 Relief program here.  

Michigan Department of Labor and Economic Opportunity has a matching grant up to $5,000.00 for small businesses (250 employees or less) to help with payment of safety and health equipment. Grant information and how to apply: MIOSHA Workplace Improvement to Safety and Health (MIWISH) Grant Program .

Michigan Economic Development Corporation:  The Michigan Strategic Fund has approved economic assistance for small businesses around Michigan that have been negatively impacted by the COVID-19 virus. This page has links to various sources of support.

State of Michigan: Latest update on COVID-19.

Detroit Regional Chamber of Commerce has page with resources for businesses during COVID-19.

NAWBO our national organization has a lot of resources for women owned businesses through its NAWBO Institute. This is area is usually for members only but during this challenging time they are opening up parts of it to all. You will need to regsiter to use. Visit nawbogdc.org. 

 

 

 

 

26677 West 12 Mile Rd., Southfield, MI 48034
Phone 313.961.4748