Resources Related to COVID-19
Here is some helpful information if your income or business has been impacted by COVID-19:
Local COVID-19 Response Fund : https://1si.org/covid-19/
Hosted by the Community Foundation of Southern Indiana, the Disaster Relief – COVID-19 Response Fund will award one-time grants on a rolling basis to non-profits whose operations in support of seniors, children, immigrants, workers and other vulnerable populations have been stressed by the outbreak. The Fund is designed to be adaptable in its goals and focus, which will evolve as community members and nonprofits in our region share their needs.
Given the immediate needs within our Clark and Floyd County service area, the Fund is currently focused on (1) providing support grants to 501c3 nonprofits whose operations address the basic needs of vulnerable populations that are under additional strain due to the pandemic; and (2) providing funding for emergency relief for small businesses affected by the cancellations and closures due to the pandemic. Grants for small business assistance for businesses in both Clark and Floyd County will be made through the Small Business Emergency Loan Fund at Caesar’s Foundation of Floyd County.
Additional Small Business assistance: https://www.newsandtribune.com/coronavirus/indiana-small-businesses-eligible-for-financial-relief/article_baee4018-69fd-11ea-85b9-23b6782f83e6.html
Paycheck Protection Program and Loan Forgiveness:
The Coronavirus Aid, Relief, and Economic Security (CARES) Act established a new program, the Paycheck Protection Program, under the Small Business Administration (SBA) 7(a) Loan Program. The Paycheck Protection Loan:
If you’re a borrower, visit here for more information about the program, eligibility and how to apply. Application can be found here.
On April 3, 2020, small businesses and sole proprietorships can apply.
On April 10, 2020, independent contractors and self-employed individuals can apply.
Indiana SBA Lenders: Resource Guide
For more information on all SBA resources, visit https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources.
Economic Injury Disaster Loan Program:
Indiana small businesses are eligible for assistance under the Economic Injury Disaster Loan (EIDL) Program through the SBA. Under the program, small businesses, small agricultural cooperatives, and nonprofit organizations across the state are eligible to apply for low-interest loans up to $2 million to help overcome the temporary loss of revenue due to social distancing and coronavirus. These loans may be used to pay fixed debts, payroll, accounts payable, and other bills incurred during this public health emergency. The loan interest rates for small businesses and nonprofits are 3.75% and 2.75%, respectively, with terms up to 30 years.
Eligible businesses who have applied for a SBA EIDL can request an Emergency EIDL Grant in the form of an advance up to $10,000 on the loan to provide covered leave, maintain payroll, and pay debt obligations.
TO APPLY FOR LOANS OR RECEIVE MORE INFORMATION ABOUT THE ECONOMIC INJURY DISASTER LOAN PROGRAM, VISIT SBA.gov/Disaster or CALL 1-800-659-2955.
Assistance for Individuals
If you’ve lost your job or need other assistance, please contact:
WorkOne – 812-948-6102
File unemployment benefits, claim and look for other employment. Click here to file unemployment online.
Hope Southern Indiana – (812) 948-9248
Housing assistance and food pantry.
Center for Lay Ministries – (812) 282-0063
Food pantry and other services
Community Action of Southern Indiana – (812) 288-6451
Housing assistance and food pantry
Salvation Army – (812) 944-1018
Develop New Albany – (812) 941-0018
Assistance for service industry workers