Small Business Administration (SBA) Coronavirus Relief Options

This resource page is being created and updated for our members to refer to during this difficult time.  

SBA CORONAVIUS RELIEF PROGRAMS
  • Don't fall for online strangers claiming to be "experts."

  • You are able to apply online for the EIDL Loan on your own.

  • You need to go to SBA-certified lenders for the rest.

There are FOUR programs available through the Small Business Administration (SBA).  Some hosts will only qualify for one (EIDL Loan Advance) as the other programs are usually for those individuals and businesses who have employees and/or an existing loan with the SBA.

  1. EIDL Loan Advance - This loan advance will provide up to $10,000 of economic relief to businesses (including self-employed) that are currently experiencing temporary difficulties. You should be able to apply for this online on your own. Go apply HERE.
     

  2. Paycheck Protection Program - This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program. You must apply through an SBA-certified lender.  Learn more HERE.
     

  3. SBA Express Bridge Loans - Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. You must apply through an SBA-certified lender.  Learn more HERE.
     

  4. SBA Debt Relief - The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic. This is for an SBA loan you may already have since before this emergency. You must check with your SBA-certified lender.  Learn more HERE.

    To read about all these programs go to: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options
     

The Greater Las Vegas STR Association (GLVSTRA)

Email: info@glvstra.org

Phone: 702-530-1126

Registered Charity: XXXXX-XX

© 2019 Greater Las Vegas Short-Term Rental Association  |  All Rights Reserved  |  Terms of Use  |   Privacy Policy