• Coronavirus Resources

  • Small Business Recovery Financial Assistance Programs

    ´╗┐Restaurant Revitalization Fund (RRF)

    • This program provides emergency assistance for eligible restaurants, bars, and other qualifying businesses impacted by COVID-19. 
    • The program provides restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location.
    • Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

    Shuttered Venue Operators Grant (SVOG)

    • This program provides emergency assistance for eligible venues.
    • Eligible entities may be live venue operators or promoters, theatrical producers, live performing arts organization operators, museum operators, motion picture theatre operators or owners, and talent representatives.
    • Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million.

    Paycheck Protection Program (PPP)

    • This forgivable loan helps businesses keep their workforce employed during the COVID-19 crisis. 
    • First Draw PPP loans can be used to help fund payroll costs, including benefits, and may also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.
    • Certain businesses that previously received a Paycheck Protection Program (PPP) loan may be eligible for a Second Draw PPP loan.
    • The Paycheck Protection Program ends on May 31, 2021. All eligible entities can apply through a participating lender until then.

    COVID-19 Economic Injury Disaster Loan (EIDL)

    • This low-interest loan provides economic relief to small businesses and nonprofit organizations currently experiencing a temporary loss of revenue. 
    • The program helps small businesses meet financial obligations and operating expenses that could have been met had the disaster not occurred.
    • SBA is currently accepting new COVID-19 EIDL applications from all qualified small businesses, including agricultural businesses, and private nonprofit organizations.

    These programs are funding limited and subject to change at any time. Find the latest information and application guidelines for these SBA programs on the SBA website.

    Business owners and operators are encouraged to schedule a no-cost virtual appointment with a Florida SBDC at Hillsborough County consultant online or by calling (813) 204-9267 to discuss what assistance may be available for their individual business needs.