CARES ACT – Paycheck Protection Program & 3/31 New Guidance – Small businesses and sole proprietorships affected by the coronavirus pandemic can apply for loans beginning Friday, April 3. Independent contractors and self-employed individuals can apply starting April 10.
Small Business Relief Fund The Small Business Relief Fund is a Community Foundation of West Alabama fund offered in cooperation with the Chamber of Commerce of West Alabama. The fund was created to assist small businesses that have experienced a financial hardship as a result of Coronavirus (COVID-19).
The West Alabama Regional Commission’s RLF is a locally controlled loan program used to assist small local businesses and industries in their start-up and expansion activities. The goal of the program is to create new, permanent jobs for citizens of West Alabama while leveraging private sector investments.
The West Alabama Community Response Fund has been created to help with target areas of concern: Low income families with children; Workers whose hours may be cut; People who do not have the resources they need to stay safe and well; People who need up-to-date information on how to connect to resources; People who need assistance with basic human services/needs; Other target areas, as assessed