Coronavirus (COVID-19) has had a huge impact on our economy, and small businesses throughout the country have been hit hard during this pandemic. There have been a growing number of Coronavirus small business relief options that have been made available to combat COVID-19 Revenue impacts.
Companies like Facebook, the U.S. Small Business Administration (SBA), and Google have all implemented programs to help small businesses affected by the coronavirus. Below are details about how you can pursue these resources!
Up to 30,000 small businesses could be eligible to receive benefits from Facebook’s Small Business Grant Program. Facebook will be offering $100 Million Dollars in cash grants and ad credits. This program aims to provide financial support to help with rent costs, advertising costs associated with connecting with more customers, operational costs and more. To find out if your small business is eligible for this grant, visit the Facebook Small Business Grants Program page
The Small Business Administration has made several programs available to American small businesses to combat COVID-19 revenue impacts. The Paycheck Protection Program was designed to give out and forgive loans if businesses can prove that the money went straight to payroll, rent, mortgage interest, or utilities. The EIDL Loan Advance will provide up to $10,000 to businesses experiencing temporary difficulties. These programs are just a few of the small business Coronavirus relief options available to those affected by the negative economic effects of COVID-19. To learn more, visit the SBA Coronavirus Relief Options page
Google is giving back to small and medium-sized business in the form of Google Ad Credits. Small businesses that have actively advertised with Google Ads in 2019 and 2020 will be eligible for ad credits. Google will be selecting eligible small businesses in May of 2020. Businesses that are chosen by Google will see ad credits automatically loaded onto their account, to be used anytime during 2020! Visit the Google Announcement page
to see if your business is eligible!
Small businesses trying to combat COVID-19 revenue impacts and in need of Coronavirus relief options should try to take advantage of these programs. We hope that all of you and your families are staying healthy and safe during these times.
If you have questions about your marketing efforts or want to have our team of professionals see how we can help your business, contact JET Advertising today!