Small Business Resources

U.S. Small Business Administration Coronavirus Relief Options
Webpage with financial assistance programs for small businesses
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options

Coronavirus Food Assistance Program (CFAP)
U.S. Dept. of Agriculture for farmers/ranchers whose operation has been directly impacted by the coronavirus pandemic. Ends Dec. 11, 2020.
https://www.farmers.gov/cfap

PADD COVID-19 BUSINESS RELIEF WORKING CAPITAL LOAN PROGRAM
The Purchase Area Development District (PADD) is offering small businesses working capital loans up to $25,000. PADD provides short term working capital loans for small businesses that were unable to receive assistance from the SBA Paycheck Protection Program (PPP) or the SBA Economic Injury Disaster Loan (EIDL) program.
Eligible expenses include payroll, interest payments on business debt, interest payments on mortgages, rent/lease payments, utilities, and working capital for inventory, supplies or payments to vendors. The loans will have six months of deferred payments and the maximum loan term is 36 months.
Contact Mike Maxwell, Business Loan Specialist, to discuss project eligibility. Mr. Maxwell can be reached by email at mike.maxwell@purchaseadd.org or by phone at 270.251.6170.

Team Kentucky Lake
Team Kentucky Lake has established a one-time grant opportunity to small businesses in Marshall County. Businesses forced into closure or reduced services in response to COVID-19 are encouraged to apply. (Currently OUT of funds, grants made as funds are added.)
www.teamkylake.com
Email: teamkylake@gmail.com Phone: (270) 527-3128

Graves County Small Business Assistance Fund
A small business grant to help Graves County business owners impacted by COVID-19. Funds collected and distributed through the Mayfield Community Foundation. (Currently OUT of funds, grants made as funds are added).
MAYFIELDCOMMUNITYFOUNDATION@GMAIL.COM