Covid-19 has been a trying time for everyone. The SBA and other government entities are here to help provide you with grants and loans that you need in order to keep your business afloat.


Loan Forgiveness Application Form

How to Navigate PPP Loan Forgiveness Webinar

Loan Metric Information

As of November 22, 2020, a total of 367,321 payments have been made, totaling an amount of $38,432,262,125. Please find more information here.

Additional Information

If you applied for PPP, the loan will be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 60% of the forgiven amount must have been used for payroll). Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels. Forgiveness will be reduced if full-time headcount declines, or if salaries and wages decrease. Please find information regarding the new EZ and revised full forgiveness applications for the Paycheck Protection Program below.

SBA Economic Injury Disaster Loan (EIDL) Emergency Advance

*There have been recent changes to the EIDL Loan Program*

In response to the Coronavirus (COVID-19) pandemic, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for an Economic Injury Disaster Loan. The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to COVID-19.

EIDL Program Updates (9/8/2021)

The policy changes below are effective as of September 8, 2021:

  • Capital has increased from $500K to $2M, resulting in higher loan amounts available
  • Allow for use of funds to be applied to payment and prepayment of commercial debt and regularly-scheduled payments of federal debt
  • Allow for 24 months of deferment from loan origination for all loans (existing loans with less than 24-month deferment will be adjusted)
  • Affiliation requirements simplified: An affiliate is a business that you control or in which you have 50% or more ownership
  • Added $10 million limit on maximum aggregate COVID EIDL loans to a single corporate group.

To view more changes and learn about their effects, please visit the SBA’s EIDL website here.

Additional Information

Please find more information and eligibility here. To learn about SBA Cross Program Eligibility for Coronavirus Relief, please click here.

The Targeted EIDL Advance aids businesses located in low-income communities with additional funds to ensure small business continuity, adaptation, and resiliency. Eligible applicants include those who previously received an EIDL Advance for less than $10,000, or those who applied but received no funds due to lack of available program funding. SBA will reach out to those who qualify.

Additional Information

Please find some facts and questions about Targeted EDIL Advance here.

Other Financial Assistance

To support Virginians in their transition back to employment, Governor Ralph Northam will invest $3 million in federal WIOA set aside funds to pilot the VA Return to Earn Grant Program.

The pilot initiative will match up to $500 that a qualifying small business pays directly to a new employee hired on or after May 31st, 2021 to support their transition back to employment. Funds will only be reimbursed for new hires in positions that pay at least $15 per hour and qualify as W-2 employment, either full- or part-time.

Additional Information

View the FAQ here. Find an article by Virginia Business here. View the Virginia Governor website for more information.

City of Manassas and Manassas Park ELEVATE Program

ELEVATE helps residents by providing training programs, support services, and career assistance so they can get and keep today’s in-demand jobs. It helps businesses train incumbent workers and identify the best new hires. ELEVATE is a valuable network of workforce development and education partners to strengthen our communities today and prepare them for the future. Please find more information here.

Façade Improvement Grant (FIG)

Along with the Landscape Improvement Grant (LIG), these grants enhance the streetscape and improve the appearance of buildings in designated areas. These reimbursement-based cash grants can fund up to 33% of the cost of making exterior renovations and repairs. Learn more on the Manassas website.

Landscape Improvement Grant

Along with the Façade Improvement Grant (FIG), these grants enhance the streetscape and improve the appearance of buildings in designated areas. These reimbursement-based cash grants can fund up to 33% of the cost of making exterior renovations and repairs. Learn more on the Manassas website.

Economic Opportunity Fund

New and expanding businesses may qualify for a cash grant to offset costs like site acquisition, construction or renovations, permitting fees or relocation costs. These grants come with limited restrictions and are designed to allow you to apply them where your business needs them most. To learn more about this fund, visit the Manassas website.

There are currently no new Fairfax City Grants. Please check in at a later time.

There are currently no new Fairfax County Grants. Please check in at a later time.

Restore Retail Grant Program

In response to the lasting negative economic impact of the public health emergency, Prince William County established the Restore Retail Grant for customer-facing small businesses that either own or lease their facility and would include retail, restaurants/food service, arts & entertainment, event venues, personal services, and child program businesses.

To learn more about the eligibility criteria and apply to the grant, click here.

As part of our coronavirus debt relief efforts, the SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020.

For current SBA Serviced Disaster (Home and Business) Loans: If your disaster loan was in “regular servicing” status on March 1, 2020, the SBA is providing automatic deferments through December 31, 2020.

Additional Information

Please find additional information regarding the Small Business Debt Relief Program here.

The Community Business Partnership (CBP) is lending money to promising small businesses that are unable to secure financing through traditional means. They provide financing and share knowledge though the Community Business Partnership family of business assistance providers. Please view a one-pager containing the different loan funds here.

Fairfax County Microloan Fund

This funding was created by the Fairfax County Supervisors for businesses seeking financing that they cannot establish through traditional means. To learn more about eligibility, fund uses, rates, terms, and costs, please visit the Community Business Partnership website.

NOVA Technology Loan Fund

The NOVA Technology Loan Fund is designed to help minority/people of color entrepreneurs in the technology industry located in Northern Virginia who are suffering substantial economic injury because of Coronavirus (COVID-19) outbreak.

It is a revolving loan fund initially funded through donations made by Freedom Bank and Northern Virginia Technology Council (NVTC).
Please learn more about the eligibility requirements, terms and conditions here.
Helping Hands Loan Fund
The Helping Hands Loan Fund is targeted to help low-to-moderate income individuals attain self-sufficiency through entrepreneurship. This fund has the potential to help individuals, especially women, develop self-sufficiency through micro-enterprise development, which then helps to boost the local economy. The main uses for this loan are purchases of equipment, purchases of inventory, and hiring of support. Spending the money on other startup expenses is also encouraged. Please learn more about the eligibility requirements, terms and conditions here.
KP Bailey’s Crossroads/Culmore Microloan Fund
The KP Bailey’s Crossroads Microloan Fund is designed to help entrepreneurs in the Bailey’s Crossroads area in Northern Virginia. This is a loan fund that is funded by Kaiser Permanente.
This fund is available ONLY to small businesses and entrepreneurial individuals in these Fairfax County neighborhoods.
Additionally, technical training and counseling assistance will be provided to loan recipients and entrepreneurial residents in that neighborhood to become financially viable.
This fund will be administered by the Community Business Partnership, Inc (CBP).
Please learn more about the eligibility requirements, terms and conditions here.