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Resources for Small Businesses

The Small Business Administration offers several different relief options to help businesses, nonprofits, and faith-based organizations recover from the impacts of COVID-19. You can click here to view all options. In order to reach the smallest businesses, SBA will offer Paycheck Protection Program loans to businesses with fewer than 20 employees and sole proprietors only from Wednesday, February 24 through Tuesday, March 9, 2021.

One of the most helpful programs to small businesses in the Paycheck Protection Program (PPP). This program provides small businesses loans for payroll costs, including benefits, and may also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations. SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses. Neither the government nor lenders will charge small businesses any fees. Get started today by following the two steps below. 

1. Find a lender:

2. Identify a loan:

  • First Draw PPP Loans: If you have not received a PPP loan before, First Draw PPP Loans are available to you.
  • Second Draw PPP Loans: If you have previously received a PPP loan, certain businesses are eligible for a Second Draw PPP Loan.

SBA is currently offering the following additional funding options, in addition to the PPP:

SBA is preparing to offer:

SBA is contacting eligible businesses regarding:

Additional guidance for small businesses from the CDC:

Additional guidance for small businesses from the Small Business Administration:
SBA offers additional guidance for businesses, nonprofits, and faith-based organizations. Learn more at our Recovery Hub:

Local assistance:
SBA offices have been fully operational since the start of the COVID-19 pandemic and are maximizing telework to best serve our small business customers. Information regarding local offices ready to assist residents of New York’s 22nd Congressional District are below:

  • Women's Business Center of New York State

    200 Genesee Street, Utica NY

  • Utica SCORE
    520 Seneca St. Suite 102

  • Mohawk Valley SBDC
    Mohawk Valley Community College, 326 Broad Street

  • Binghamton SBDC
    Koffman Southern Tier Incubator
    120 Hawley Street - Suite 294
    Binghamton, NY 13901

Additional loan programs for small businesses:
In addition to the PPP program, SBA offers the following loan programs for eligible small businesses.

  • 7(a) loans offer amounts up to $5,000,000. The uses of proceeds include: working capital; expansion/renovation; new construction; purchase of land or buildings; purchase of equipment, fixtures; lease-hold improvements; refinancing debt for compelling reasons; seasonal line of credit; inventory; or starting a business.
  • Express loans offer up to $350,000 for no more than seven years with an option to revolve. There is a turnaround time of 36 hours for approval or denial of a completed application. The uses of proceeds are the same as the standard 7(a) loan.
  • Community Advantage loans allow mission-based lenders to assist small businesses in underserved markets with a maximum loan size of $250,000. The uses of proceeds are the same as the standard 7(a) loan.
  • 504 loans are designed to foster economic development and job creation and/or retention. The eligible use of proceeds is limited to the acquisition or eligible refinance of fixed assets.
  • Microloans are made through nonprofit lending organizations to underserved markets. Authorized use of loan proceeds includes working capital, supplies, machinery and equipment, and fixtures (does not include real estate). The maximum loan amount is $50,000 with the average loan size of $14,000.

Exporting assistance:
During this challenging time, SBA also provides an array of trade tools and export finance programs to help small businesses increase international sales and respond to opportunities and challenges associated with trade related to the COVID-19 crisis.

The following loans are available to U.S. small businesses that export directly overseas, or those that export indirectly by selling to a customer that then exports their products:

  • Export Express loans provide quick access to capital for businesses that need financing up to $500,000. Businesses can apply for a line of credit or term note prior to finalizing an export sale or while pursuing opportunities overseas. For example, identifying a new overseas customer should an export sale be lost due to COVID-19.
  • Export Working Capital loans enable small businesses to fulfill export orders and finance international sales by providing revolving lines of credit or transaction-based financing of up to $5 million. Businesses could use a loan to obtain or retain overseas customers by offering attractive payment terms.
  • International Trade loans help small businesses engaged in international trade retool or expand to better compete and react to changing business conditions. They can also help exporting firms expand their sales to new markets or to re-shore operations back to the United States.
  • More information and assistance with international sales is available from our Office of International Trade.

Government contracting:
SBA is focused on assisting with the continuity of operations for small business contracting programs and small businesses with federal contracts. SBA has issued special guidance for federal small business contractors impacted by COVID-19.  

If a situation occurs that will prevent small businesses with government contracts from successfully performing their contract, they should reach out to their contracting officer and seek to obtain extensions before they receive cure notices or threats of termination. SBA’s Procurement Center Representatives can assist affected small businesses to engage with their contracting officer. Use the Procurement Center Representative Directory to connect with the representative nearest you.

If your small business is currently not working on any government contracts, and is interested in competing for them, SBA offers the following certifications:

  • 8(a) Business Development program serves to help provide a level playing field for small businesses owned by socially and economically disadvantaged people or entities, and the government limits competition for certain contracts to businesses that participate. The 8(a) program offer and acceptance process is available nationwide, and the SBA continues to work with federal agencies to ensure maximum practicable opportunity to small businesses. 8(a) program participants should stay in touch with their Business Opportunity Specialist.
  • HUBZone program offers eligibility assistance every Thursday from 2:00-3:00 p.m. ET at 1-202-765-1264; access code 63068189#. Members of the HUBZone team answer questions to help firms navigate the certification process. For specific questions regarding an application, please contact the HUBZone Help Desk at
  • Women-owned small business firms who have questions are encouraged to learn about the Women-Owned Small Business Federal Contracting program or write to