Resources Available to Small Businesses

Grants for minority-owned small businesses in Metro-Atlanta

SBA

Local Initiatives Support Corporation (LISC) Atlanta is partnering with Lowe's to launch the Neighborhood Business Grants program on August 18th. LISC will award $20,000 grants to 750 businesses in 15 cities nationwide, including Atlanta. Businesses across Metro-Atlanta are eligible and can use this map to confirm eligibility.

Here are the highlights: 

  • The grants are intended to help small businesses address pressing operational needs like rent, utilities, payroll, debt, and upgrades to technology infrastructure.
  • Priority will be given to:
    • Minority-owned businesses
    • Women-owned businesses 
    • Businesses located in historically disinvested communities in Metro-Atlanta
    • Businesses in these sectors: Construction, Manufacturing, Retail, Transportation, Warehousing, Real Estate Renting or Leasing 

SBA is providing resources such as the SBA Express Bridge Loans, Economic Injury Disaster Loans, and Paycheck Protection Program.

Click here for the Small Business Development Center (UGA)

The Paycheck Protection Program: What You Need to Know and How to Apply – Ashley Bell, White House Policy Advisor

SBA Disaster Emergency Relief: Through the federal Small Business Administration (SBA)

  • www.SBA.gov/Disaster
    1. If you can show that you have employees and in need right now, you can be eligible to receive funding in 72 hours - $10,000
    2. Economic Impact Disaster Loan (EIDL) – Up to $2 million (3.75% for profits/2.75% for nonprofits). Amortized for over 30 years. It can be approved in 2 weeks.

Protection for Small Businesses

SBA Coronavirus Relief options