COVID-19 Financial Resources
Loans, Grants and other Funding Resources
IBank (California Infrastructure and Economic Development Bank) Micro loans up to $50,000 and loans up to $1,000,000. You only can apply for this funding if you have been disqualified for EIDL or PPP (see SBA programs below). This does not mean you have to be rejected from EIDL or PPP. It means you have to prove you do not qualify for EIDL and PPP.
The Governor’s Office of Business and Economic Development (GO-Biz) has compiled helpful information for you. The Small Business Finance Center provides you with assistance on how to locate information, support and financing options and more. The state is also allowing small businesses to defer payment of sales and use taxes of up to $50,000, for up to 12 months.
The Marin SBDC (see below) can help. Sign up at: https://nc.ecenterdirect.com/signup
SBA Programs and Application Help
The Marin Small Business Development Center is your one stop shop for help with financing and SBA program applications. Sign up with the Marin SBDC to meet one-on-one with a loan/HR expert and get your specific questions answered. The Marin SBDC will help you apply for relief, guide you through available resources, cash flow concerns, supply chain interruptions, workforce capacity, insurance coverage and more. See their COVID 19 website for FAQs and links to federal and state information on labor laws, health, and more.
https://nc.ecenterdirect.com/signup (after creating an account with email/password, on the second page, check that you want to work with the Marin SBDC)
- SBA Funding Program information (Paycheck Protection Program, $10,000 EIDL loan advance, $25,000 bridge loan, SBA Debt Relief)
- Northern California SBDC Finance Center can connect you with the right people and the right kind of money to start, grow, or sell your business.
- SBA Disaster Assistance loans up to $2 million
Online Webinars for Coping with COVID-19
Marin SBDC has Free webinars for coping with COVID 19 including applying for financial relief.
Loan Webinars every MWF at 10:30 a.m. https://sbdc.events/zoom (just click this link to enter - no need to register)
Webinar Recordings at Northern California SBDC YouTube Channel
Small Business Majority webinars in English and Spanish
Assistance for the Self Employed, Sole-Proprietors and Independent Contractors
EDD Disaster Unemployment Assistance If you become unemployed as a result of the disaster, and you do not qualify for regular UI benefits, you may qualify for DUA.
Certain self-employed, sole-proprietors, and independent contractors are eligible for the federal Economic Injury Disaster Loan (EIDL) and federal Payment Protection Program (PPP). Contact Marin SBDC for help and the most recent information.
If you are unable to work or your hours have been reduced due to COVID-19 or you are sick or caring for a sick family member, you may be eligible for Unemployment Insurance (UI), Disability Insurance (DI), Paid Family Leave (PFL) benefits under a few different scenarios. See our Employee page.
Leeway from Financial Institutions
Banks and credit card companies are offering assistance to customers experiencing financial hardship due to coronavirus related business closures. Customers may have late fees waived or receive assistance with minimum payments. Financial institutions encourage customers to contact customer service for assistance.
COVID 19 Grant Programs
ebay Up & Running Grants (Added 11/24/20)
Heinz Endowment grants (various) (Added 4/30)
NASE National Association for the Self Employed grant (Added 4/29)
Up Work Work Together Talent Grants up to $25,000 (Added 4/29)
Nav Small Business Grant $10,000 Submit entries until May 30th. (Added 4/20)
Duke University’s Fuqua School of Business launched a searchable website to locate grant and loan resources. (Updated 5/16)
GlobalGiving Red Backpack Fund / Spanx fund awards grants to majority women-owned businesses and nonprofits. The portal will next open from June 1-8. Sign up to be notified by email when the application portal opens. Eligible applications from previous grant rounds will be rolled over and considered in this round. (Updated 5/16)
Facebook Small Business Grants Program "For applicants who won’t be able to get a grant, we’ll be providing new resources soon." (Updated 5/16)
GoFundMe Small Business Relief Initiative Supporters can donate to the Small Business Relief Fund, which will issue $500 matching grants to qualifying businesses that raise at least $500 on GoFundMe. Make sure you add the hashtag #SmallBusinessRelief to your fundraiser story.
Yelp’s Support for Local Businesses waived advertising fees, and free advertising, products and services.
Opportunity Fund coronavirus relief fund for low- and moderate-income immigrants, women, and the underserved.
Hello Alice is offering $10,000 grants being distributed immediately to small business owners impacted by coronavirus, as part of our broader mission to ensure Business for All. In addition to funding, grant recipients will receive ongoing support from the Hello Alice community. The site provides resources for ventures run by women, people of color, veterans, LGBTQ people and those with disabilities.
Grants specific to artists:
Heinz Endowment grants (various) (Added 4/30)
The Adolph and Esther Gottlieb Foundation Assists mature visual artists in painting, drawing, printmaking and sculpture.
Artist Relief will distribute $5,000 grants to artists facing dire financial emergencies due to COVID-19.
Freelancers Relief Fund provides assistance of up to $1,000 to qualifying freelancers. Applications have been temporarily closed and they will send an update to members when they are able to reopen application submissions.
The Safety Net Fund is a non-profit designed to help support artists in the Bay Area during the COVID-19 crisis. (Added 4/20)
Bay Area Emergency Fund: Artists/Event Production link to donation site that indicates applications will be available. (Added 4/20)
is a resource for performing arts workers who are facing a loss of income due to the ongoing COVID-19 crisis. Theatre Bay Area has launched this fund with the generous donations from individual donors, many of them fellow artists.
Grants specific to food and beverage industry:
The One Fair Wage Campaign has started a relief fund for restaurants workers affected by the crisis. Learn more here.
Children of Restaurant Employees is providing help to restaurant workers who have been diagnosed with COVID and have a child at home. Learn more here.
Restaurant Workers’ Community Foundation has started a COVID Crisis Relief Fund, apply and learn more here.
Other Loan Programs and Resources
Kiva offers 0% interest loans for business.
Pacific Community Ventures offers small business loans and microloans in amounts from $10,000 to a maximum of $200,000 if you have at least one part- or full-time employee. Pacific Community Ventures is a 501c3 nonprofit social enterprise and community development financial institution (CDFI).
National Federation of Independent Businesses
NFIB offers webinars and additional resources.
Gift Certificate Sales, Crowdfunding & Other Ideas
Kabbage is a financial technology (fintech) company that provides funding to small businesses. Through Kabbage Payments™, you can sign up to sell gift certificates online, and anyone can purchase them. Once registered, you’ll get a unique URL you can share with consumers, and they can buy gift certificates of any amount from $15 to $500.
ifw IFundWomen offers coaching and rolling grants for their crowdfunding campaigns.
https://www.frontlinefoods.org/ Restaurants can be matched to make food for hospitals and frontline facilities
https://www.dine11marin.org/ Restaurants can team up with dine11marin to feed our heroes in healthcare and immigrant families in need during the COVID-19 crisis.
Great Plates Delivered https://covid19.ca.gov/restaurants-deliver-home-meals-for-seniors/ Restaurants can sign up to make and deliver meals for seniors in Marin.
California Treasurer Fiona Ma’s public Google Doc of available small business resources.