Resources for Businesses

Morehead City Emergency Small Business Loan Program

https://www.moreheadcitync.org/388/Morehead-City-Covid19-Small-Business-Loa


The state will begin accepting applications this Friday April 25th from workers for Federal Unemployment Insurance that are not normally eligible for State Unemployment Insurance, such as self-employed workers and independent contractors.  The article below along with the state link explain pretty well how to navigate, apply for, and/or update your information in the system.

Pandemic Unemployment Assistance (PUA): This program provides unemployment compensation for individuals not eligible for regular unemployment insurance or any extensions to unemployment insurance. This will provide benefits to eligible self-employed workers and independent contractors.

Please see the article here:  https://www.newsobserver.com/news/business/article242171176.html

More detailed information from the State Unemployment Insurance site can be found here:  https://des.nc.gov/need-help/covid-19-information/federal-unemployment-assistance


SBA Economic Injury Disaster Loan (EIDL)
 
https://www.sba.gov/funding-programs/disaster-assistance  

SBA Express Bridge Loans (NEW-contact your banker) 
https://www.sba.gov/sites/default/files/2020-03/Express-Bridge-Loan-Pilot-Program-Guide-FINAL-3.25.20.pdf  

    https://bench.co/blog/operations/express-bridge-loan-pilot-program/ 

 SBA News Release 

https://www.sba.gov/about-sba/sba-newsroom/press-releases-media-advisories/349-billion-emergency-small-business-capital-cleared-sba-and-treasury-begin-unprecedented-public?utm_medium=email&utm_source=govdelivery  

Paycheck Protection Program (PPP-available 4-3-2020) 

https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp  

 https://www.sba.gov/document/sba-form--paycheck-protection-program-ppp-sample-application-form 

 https://brookspierce.com/news-insights/guide-covid-19-paycheck-protection-program-and-loan-forgiveness 

NC COVID10 Recovery Loan 
https://www.ncifund.org/what-we-do/nc-covid-19-rapid-recovery-loan  

 

THREAD Capital – Rapid Recovery 
https://www.threadcap.org/disaster-recovery/rapid-recovery/  

 

MISC SBA Resources 

https://www.sba.gov/page/guidance-businesses-employers-plan-respond-coronavirus-disease-2019-covid-19?utm_medium=email&utm_source=govdelivery 

SBCN COVID-19 Business Resources 

https://www.ncsbc.net/DocumentMaster.aspx?doc=4577 

NC Small Business and Technology Developer Center (SBTDC)’s COVID-19 resource page: http://www.sbtdc.org/coronavirus/money.html


NC Commerce’s resources page that includes specific sources of financial support available in NC: https://www.nccommerce.com/news/solutions-covid-19/business-resources


Inc Magazine has a helpful article on guidance for 1099 workers: https://www.inc.com/kevin-j-ryan/independent-contractors-paycheck-protection-program-loans-small-business-town-hall.html


Forbes Magazine has an article identifying potential lenders for new and non-bank customers: https://www.forbes.com/sites/brianthompson1/2020/04/09/banks-and-fintech-companies-accepting-paycheck-protection-program-loan-applications-from-new-and-non-bank-customers/#50403f2cb950


This link has a list of FinTech lenders available to help with the SBA Paycheck Protection Program: https://medium.com/@journey_finance/list-of-fintech-companies-helping-with-sba-ppp-paycheck-protection-program-ec14f80f60ec


FEMA

https://www.fema.gov

COVID-19 NC Unemployment Insurance Information

https://des.nc.gov/need-help/covid-19-nc-unemployment-insurance-information  

https://des.nc.gov/apply-unemployment/before-you-apply 

Golden Leaf Foundation

https://www.goldenleaf.org/grant-seekers/disaster-recovery-grant-program/