Small businesses have been significantly affected by the coronavirus pandemic and we understand that you need financing more than ever. SCORE is here to help.
Our expert mentors can support you in addressing your financial needs and navigating through this difficult time.
SCORE mentors can assist you with your financial questions. Here are ways that SCORE can help:
- SCORE mentors can help you identify funding sources.
- We can work with you on your financial statements and other information that you'll need to prepare to apply.
- Once you receive your loan, our mentors can help you determine how best to use the funds to ensure your business's survival.
- If you're denied a loan, we can help you figure out your next steps and find alternate sources of funds.
SCORE mentors can meet with you remotely—by phone, email, and video —so you can get the financing to keep your business running.
The SBA is providing loans to small businesses due to the coronavirus (COVID-19) pandemic. The loans offer up to $2 million in assistance to pay fixed debts, payroll, accounts payable and other bills.
Businesses in the following states are eligible for the EIDL program:
Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Georgia, Illinois, Indiana, Louisiana, Maine, Maryland, Massachusetts, Michigan, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Virginia, Washington, and West Virginia.
The list of eligible states is being updated regularly. Keep track of any future changes to the EIDL program on SBA’s press release page. The deadline to apply is December 16, 2020.
For more information from the SBA:
For assistance in finding funding sources for your business and for all business advice, connect with a SCORE mentor.
SCORE mentors are available to work REMOTELY via phone, email, and video. We are here to support you during this difficult time.
For more information and tools related to coronavirus business support programs, visit our Coronavirus Small Business Resource Hub.