Emergency Rent, Mortgage and Utilities (including Internet) Assistance (Buncombe County)
- Federal Funding of $900,000 was accepted by the Buncombe County government and should be available soon.
Extended Unemployment Assistance
Child Care Assistance
- Funds to be distributed by the Federal Government to the lead agency in each state with 30 days
- Expect more specific information on this in the next week
Save Our Stages Grants (Shuttered Venue Operator)
- Administered by the Small Business Administration (SBA)
- The new Stimulus Package included funding to support Shuttered Venue Operators, but it may take some time for the SBA to update/activate that option
- NOTE: You can NOT get both Save The Stages and New PPP assistance
Economic Injury Disaster Loans (EIDL) and Advances
- Administered by the Small Business Administration (SBA)
- The new Stimulus Package included funding to restore EIDL Advances, but it may take some time for the SBA to update/activate that option
Paycheck Protection Program (PPP) Loans
- Administered by Mountain BizWorks, and other eligible lenders
- Options for second loans for previous borrowers, AND
- New option for first time borrowers
- Detailed information and application resources coming soon
NC Rapid Recovery Loans: apply by 10/15
Mountain BizWorks along with a consortium of public, private, and nonprofit partners are offering a vital COVID-19 resource – the NC Rapid Recovery Lending Program. This program aims to stabilize NC’s small business sector and help business make critical adaptation adjustments. Recovery loans up to $250,000 with a 10 year term and no payments due for 18 months.
Madison County Small Business Loan Fund
Madison County, Madison County Chamber of Commerce, Mountain BizWorks, and other local supporters have established the Madison County Small Business Loan Fund, which aims to provide rapid financial assistance to Madison County-based businesses that have been impacted by COVID-19.
Haywood Recovery Fund
Haywood County, Mountain BizWorks, and their partners have established the Haywood Recovery Fund, which aims to provide rapid financial assistance to Haywood County-based businesses that have been impacted by COVID-19.
Shelby1Fund
The City of Shelby, Mountain BizWorks, and their partners have established the Shelby1Fund, which aims to provide rapid financial assistance to small businesses within the Shelby city limits that have been impacted by COVID-19.
All In Jackson Fund
Jackson County, Mountain BizWorks, and their partners have established the All In Jackson Fund, which aims to provide rapid financial assistance to Jackson County-based businesses that have been impacted by COVID-19.
Transylvania Emergency Bridge Loan Program
Transylvania County, Mountain BizWorks, and their partners have established the Transylvania Emergency Bridge Loan Program to provide rapid financial assistance to Transylvania County-based businesses and nonprofits that have been impacted by COVID-19.
Re-energize Watauga Fund
Watauga County, Boone Area Chamber of Commerce, Mountain BizWorks, and their partners have established the Re-energize Watauga Fund to provide rapid financial assistance to Watauga County-based small businesses that have been impacted by COVID-19.
Reopening Macon Fund
Macon County, Mountain BizWorks, and their partners have established the Reopening Macon Fund, which aims to provide rapid financial assistance to Macon County-based businesses that have been impacted by COVID-19.
SBA Economic Injury Disaster Loans
The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of COVID-19. Small business owners in all U.S. states and territories are currently eligible to apply.
