Gov. Baker Announces Small Business Loan Fund

Date: March 17, 2020

The latest information related to COVID-19 for impacted small businesses

Governor Baker and other legislative leaders announced a loan fund for business affected by COVID-19. The loan is through the Massachusetts Growth Capital Corporation and for:

  • Businesses with fewer than 50 workers.
  • Up to $75,000.
  • Must have a verifiable negative impact.
  • No payments are due for the first 6 months.

For complete details and to apply visit: https://www.empoweringsmallbusiness.org/what-we-offer/emergency-loan-funds/covid-19-loan-fund

NFIB will continue to provide Massachusetts business owners with more information as it becomes available.

NFIB COVID-19 Updates

On Friday, March 13 at 12:00 PM ET, the National Federation of Independent Business hosted a webinar to discuss the coronavirus (COVID-19) and the impact on small businesses. To watch the recorded webinar or access the presentation slides, please click here. For questions related to the webinar, contact Elizabeth Milito, Senior Executive Counsel or Holly Wade, Director, NFIB Research Center at 202-406-4443.

Additionally, please visit NFIB’s COVID-19 resources and issue page. This page will continuously be updated. 

 

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