CARES Act / PPP

• What's available? $350 billion in total
  • Grants of up to 2.5x monthly payroll
  • Also help with utilities and rent
• When to apply?
  • Small businesses - Starts Apr. 3
  • Indep. Cont. / self-emp. - Starts Apr. 10
• Where to apply?
  • Bank or other SBA lender
  • For example, FNB Coweta has an application and information
  • SBA direct application link

Other Financial Assistance

• ​OKC $5.5 Small Business Grants / Loans
  • Up to $10,000 for businesses with >15 emp.
  • Loans (some forgivable) up to $100,000 for businesses with <50 emp.

Emergency Declarations

• March 13 - Federal Emergency Decl.
• Mar. 24 - State of Oklahoma Emergency Decl.​

Essential Businesses

• Is your business "essential" or "nonessential"? You can't open your doors in Oklahoma if it's not "essential"
  • C​ombined Federal and Oklahoma "essential" sectors
• Only applies to Oklahoma counties with community spread as defined by Okla. State Dep't of Health ("OSDH")
  • ​Affected Counties (scroll down to "COVID-19 Cases by County")