Starting August 31, businesses that received any amount of Paycheck Protection Program (PPP) or Economic Injury Disaster Loan (EIDL) funds will become eligible to apply for AK CARES grants, as will businesses that are secondary sources of income. The Department of Commerce, Community, and Economic Development has posted helpful information about the program. Applications – maximum $100,000 – can be submitted online.
Paycheck Protection Program, implemented through the Small Business Administration’s 7(a) program and local Alaska banks and credit unions. Learn more about PPP loan forgiveness and application form here.
U.S. Treasury Interim Final Rule: Small Business Administration Business Loan Program Temporary Changes; Paycheck Protection Program – Additional Criterion for Seasonal Employers
U.S. Small Business Administration Economic Injury Disaster Loan Application and informational . For additional information, contact the SBA disaster assistance customer service center at 1-800-659-2955 or firstname.lastname@example.org.
IRS Coronavirus Tax Relief including information on a plan for Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to recover the cost of providing Coronavirus-related leave.
FEMA Public Assistance providing supplemental grants to state, tribal, territorial, and local governments, and certain types of private non-profits so that communities can quickly respond to and recover from major disasters or emergencies.
State of Alaska Unemployment Insurance Information and State of Alaska Pandemic Unemployment Assistance (for self-employed individuals who are not working due to COVID-19 and who are not eligible for regular Unemployment Benefits)