Covid19 Business Grants and Loans

Need emergency funding for your small business? Learn more about loan programs and select grant opportunities for small businesses affected by COVID-19. 

Loan Programs

SBA Economic Injury Loans

The Economic Injury Disaster Loans (EIDL) program is now closed to new applicants.

Read more about the EIDL program.

Grant Programs

Business Recovery Grant Program

The North Carolina Department of Revenue (NCDOR) is now accepting applications for their new grant program. It is open to North Carolina businesses that were impacted by COVID-19. The application is open until January 31, 2022. Your business is eligible if you suffered a loss of at least 20 percent during the pandemic. 

There are two types of grants available: 

  • Hospitality Grant: for industries such as art, entertainment, food, hotels, and bars (NAICS codes 71 and 72)
  • Reimbursement Grant: for businesses not in those industries (NAICS codes other than 71 and 72) who did not receive funding from other COVID-19 relief programs

The grant amount will be based on the percentage of economic loss for the business. It may be up to a maximum of $500,000. 

Watch this video from NCDOR to learn more!

Visit the NCDOR website to apply and read all the requirements.