COVID-19 Financial Support for Businesses & Nonprofits

We've rounded up the following trusted resources for direct information on financial relief and other support for small businesses and nonprofits impacted by COVID-19. 

Federal COVID-19 Tax Credits

SBA COVID-19 Grants & Loans

Organizations may take advantage of multiple SBA COVID-19 relief options as long as funds are not used to cover the same expenses. Check out the SBA Cross-Program Eligibility page for guidance on to use these relief programs together.

  • Paycheck Protection Program (PPP) Loan: SBA-backed loan for eligible payroll & non-payroll costs that may be 100% forgiven if requirements are met. Some organizations may be eligible for a second-draw PPP Loan. (PPP application deadline changed to May 31, 2021 per the PPP Extension Act of 2021)
    • 5/7/2021 PPP Lender Update: The SBA is currently offering PPP loans originated only by participating community financial institutions including Certified Development Companies (CDCs), SBA Microlenders, Community Development Financial Institutions (CDFIs), and Minority Depository Institutions (MDIs) until May 31, 2021 or until remaining funds are exhausted. Please note that not all community financial institutions are participating in PPP. Learn more >>
  • Shuttered Venue Operators Grant (SVOG): Emergency funding for certain entertainment and cultural entities. First priority application period started April 8, 2021.
  • Restaurant Revitalization Fund (RRF): $28.6 billion in grants to hard-hit establishments that serve food or beverages (e.g., restaurants, bars, food trucks, caterers, tasting rooms, bakeries, and inns that have at least 33% in on-site sales to the public). Grand amount is based on lost revenue; maximum grant amount is $10 million per application and affiliated entities (up to $5 million per location). First priority application period started May 3, 2021. 
    • 5/24/2021 RRF Application Update: The SBA will stop accepting RRF applications at 6 p.m. (MDT), Monday, May 24th.
  • COVID-19 Economic Injury Disaster Loan (EIDL): Low-interest loans for organizations that are experiencing a temporary loss of revenue. Hardest hit organizations may be eligible for a Targeted Economic Injury Disaster Loan Advance.

COVID-19 Resources for Colorado Businesses & Nonprofits

If you have questions regarding disaster loans and other assistance for small businesses and nonprofits in Colorado, contact your local Small Business Development Center (SBDC) or call the Small Business COVID-19 Disaster Response Hotline at 303-860-5881 (Monday-Friday, 8am-5pm) or email

Disclaimer: This information is provided as a self-help tool and does not constitute legal or financial advice. Laws, regulations and lending products are changing daily and decisions as to whether or how to use this information and/or what actions to take in response to the COVID19 Pandemic are solely those of the employer. The providers of this information disclaim any and all responsibility and liability for its accuracy, completeness or fitness for your particular business purposes.