Grants and Loans for Small Businesses Impacted by Covid-19

With an increase in hardships due to the COVID-19 pandemic, financial assistance to small businesses is more important than ever. Below, we have gathered a list of resources to explore to help aid the adversity caused by COVID-19. We are adding resources as we become aware of them.


  • Verizon Small Business Recovery Fund is offering grants to help small businesses fill urgent financial gaps until they can resume normal operations or until other more permanent financing becomes available.
  • Facebook Small Business Grants: Facebook is offering $100M in cash grants and ad credits. However, they have already received an overwhelming amount of applications. They will be providing new resources soon.
  • Facebook Small Business Grants Program for Black-Owned Businesses: The grants program is a part of Facebook’s overall commitment to invest $100 million this year in the Black community.
  • Hello Alice is making grants of up to $10,000 to small businesses across the United States that have been impacted. Grant recipients will also receive ongoing support through the online Hello Alice community. Applications are accepted on a rolling basis.

  • GoFundMe is providing matching grants of $500 to small businesses that have been impacted by the COVID-19 crisis, start a fundraiser on GoFundMe, and raise $500 from other supporters.

  • James Beard Foundation Relief Fund provides critical financial assistance to small, independent restaurants that, due to the COVID-19 national disaster, have an immediate need for funds to pay set operating expenses and keep from going out of business. Applications are currently suspended due to overwhelming response; Foundation will notify its audience if the application will be reopened.
  • Opportunity Fund Small Business Relief Fund offers support for eligible small businesses impacted by the COVID-19 crisis — especially those run by women, people of color and immigrants.
  • For Nail Professionals: Beauty Changes Lives and CND Creative Nail Design are making grants of $1,000 to nail professionals. Applications are due by Tuesday, June 30.
  • For Women Entrepreneurs: The Red Backpack Fund is making grants of $5,000 to women entrepreneurs across the United States who have been impacted by COVID-19. The latest round is now open, with applications due by Monday, June 8 12:00 PM (EDT).

  • For San Francisco Businesses: San Francisco Small Business Resiliency Fund offers impacted small business owners access to up to $10,000 for employee salaries and rent. The program is administered in partnership with Northeast Community Federal Credit Union. Apply by June 17.
  • For Oakland Businesses: The Oakland African American Chamber of Commerce has created a COVID-19 Resiliency Relief Program to provide grants ranging from $1,500 to $10,000 for Oakland-based Black-owned small businesses that are being adversely impacted. Applications are due by Saturday, June 20.

  • For Oakland Black Businesses: SoOakland is issuing $600 grants to black businesses affected by Covid-19. They are additionally issuing grants of $1,500-$2,000 to Black-owned businesses with storefronts damaged by the recent protests. You cannot receive combined amounts.
  • For East Bay Businesses: The East Bay/Oakland Relief Fund for Individuals in the Arts is making grants of up to $2,000 to artists, teaching artists, culture bearers, and nonprofit arts workers in Alameda and Contra Costa Counties who have been impacted. Applications are due by Friday, June 5 at 5:00 PM.
  • For San Francisco, San Mateo, and Santa Clara Businesses: LIIF is making grants to private family child care providers who are experiencing financial hardships.

  • For Berkeley Businesses: The City of Berkeley is making grants of up to $10,000 available to Berkeley-based small businesses and nonprofits to enable continuity through and/or beyond the COVID-19 pandemic. NOTE: The first round is closed, but a second round is expected. Visit the City of Berkeley website here to sign up for email updates.

  • For San Joaquin County Businesses: The Small Business Assistance Grant Program offers immediate financial assistance to small businesses located in the boundaries of San Joaquin County, in both the unincorporated and incorporated portions of the County, to address unfunded expenses resulting from impacts caused by the COVID-19 pandemic. The focus is reimbursement for COVID-19 related expenses realized.


Grant Space also has a comprehensive list of relief options for non-profits, individuals, and small businesses.


  • Kiva has updated their loan terms to better serve entrepreneurs that have been impacted by the Coronaviris. Their loans now feature expanded eligibility, larger loans up to $15,000 and 6 month month grace period. Their loans still offer 0% interest.
  • Opportunity Fund is committed to supporting small businesses who are financially struggling amidst the COVID-19 outbreak.
  • ICA Fund Good Jobs’ Rapid Response Liquidity Fund (RRLF) is a zero-interest loan program designed to address the immediate liquidity crisis faced by many of the Bay Area’s companies.
    The RRLF pairs emergency capital with expert guidance from ICA’s team and network of advisors to help our companies maintain financial stability and ensure that as few workers as possible lose their jobs.
  • San Francisco: San Francisco Hardship Emergency Loan Program (SF Help): If you are a San Francisco for-profit business, have been financially impacted by the COVID-19 pandemic and have not received a federal Paycheck Protection Program loan, you are encouraged to fill out a Loan Inquiry Form by June 18th  to apply for a 0% interest loan to cover certain qualifying business expenses.
  • Los Angeles: Los Angeles City Small Business Emergency Microloan Program provides up to $20,000 in financing to strengthen small business enterprises in this time of acute need that have been affected by the COVID-19 outbreak.
  • Sacramento: The City of Sacramento has selected 101 local businesses to receive zero-interest loans from its Emergency Economic Relief Loan Program. Those 101 businesses provide over 700 jobs in the City. View the list of loan recipients.
  • San Diego: South County Economic Development Council (South County EDC) is offering 50 $5,000 no-interest loan to eating establishments in South County.

U.S. Small Business Administration (SBA) Programs:

Paycheck Protection Program (PPP): The PPP Loan is specifically designed to enable businesses to retain their employees during this time of crisis and uncertainty. The program’s initial $349 billion allotment was exhausted after just 14 days but there are still funds available from the second round of funding.  If you have already applied for a loan, please check directly with the institution through which you applied for a status update and instructions on next steps.

Economic Injury Disaster Loans (EIDL): Only applications from agricultural business are being accepted at this time due to limitations in funding availability and the unprecedented submission of applications already received. Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis. EIDL Applicants can call 1-877-641-8202 to reach a disaster loan officer.

SBA Express Bridge Loans enable small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. TMC is not an SBA Express Lender.