We’ve been surveying our customers on a weekly basis to understand the impact of COVID-19 on our community. Our survey results indicate that over 65% of Faire retailers and brands applied for the Economic Injury Disaster Loan (EIDL), Paycheck Protection Program (PPP), or both. In May, over 50% of respondents received a full or partial loan.
The coronavirus pandemic has delivered a punch to many Americans’ wallets. And if you’re self-employed or do gig work, you may be wondering what it all means for your finances. Relief, however, is available in the form of the Coronavirus Aid, Relief and Economic Security (CARES) Act.
With the ongoing Corona Virus running rampant, small business owners are being hit particularly hard. Small retail outlets and restaurants are often only surviving from month to month, without any cash reserves. If a lease agreement is not forgiven, then it could be game over for many of them.
As the novel coronavirus continues to infect people across the nation, COVID-19 is forcing businesses to shut down and causing millions of Americans to file for unemployment. In response, the U.S. federal government has introduced the CARES Act to provide financial assistance to individuals, small businesses and health care providers in an attempt to stabilize the economy.
From sending meals to those in need, to crafting face masks for friends and family, there are more than a few ways to help others during the coronavirus pandemic.
Though unconventional, donating your credit card rewards is a great way to give back, whether you have a stockpile of rewards you’re fine to part with or are looking to prevent account closure due to inactivity.
The Coronavirus Aid, Relief, and Economic Security (CARES) Act includes $2 trillion in federal aid and adjustments to critical health and economic security programs to address the impacts of the COVID-19 pandemic.
The information for the Relief and Grants section was compiled by the U.S. Music Community to help music professionals learn about organizations providing relief and potential grants from the National Endowment for the Arts.
Here is a list of Federal, State and Local resources offered during the Covid 19 economic crisis.