Small Business Owner’s Resources during COVID-19 Crisis

MICHIGAN

State and Local Resources for Small Businesses

Short-Term Cash Flow Loan Program

The Ann Arbor Area Community Foundation’s Short-Term Cash Flow Loan Program makes short-term (up to 180 days) cash flow loans of $5,000 – $50,000. This program has been initiated as part of AAACF’s philanthropic response to the COVID-19 health pandemic and economic crisis and complements AAACF’s grantmaking to support COVID-19 response, relief, and recovery efforts.

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ADDITIONAL RESOURCES

Economic Injury Disaster Loan & Emergency Grants

Provides low interest loans of up to $2 million and emergency advance of up to $10,000 to small businesses and private non-profits affected by COVID-19 within 3 days of applying for SBA Economic Injury Disaster Loan.

Apply for SBA Loans

Provides low interest loans of up to $2 million and emergency advance of up to $10,000 to small businesses and private non-profits affected by COVID-19 within 3 days of applying for SBA Economic Injury Disaster Loan.

Small Business Debt Relief

Small Business Debt Relief Program provides immediate relief to small businesses with non-disaster SBA loans. This program applies to loans such as 7(a), 504, and microloans.

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