Resources to help weather financial impacts of COVID-19

KCPW is compiling this list to connect the community with resources to help with the financial impacts of the COVID-19 crisis. Questions? Email comments@kcpw.org.

• • Unemployment Assistance. Resources specific to those whose employment has been impacted by the coronavirus pandemic.
  • Paycheck Protection Program (forgivable loans). A Small Business Association (SBA) loan to help businesses keep workers on their payrolls. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. Loan payments will also be deferred for six months. KCPW podcast with explainer on PPP loans. NOTE: Funding for this program has run out. Congress would have to authorize additional funding (04/15/2020).
  • The SBA COVID-19 Economic Injury Disaster Loan. Loans to small businesses and private nonprofit organizations experiencing substantial economic injury because of COVID-19 (instructions).
  • Salt Lake City Emergency Loan Program (next deadline: April 2, 2020). Intended to help businesses and organizations keep their employees and stay afloat during a period of economic hardship.
  • The Governor’s Office for Economic Development is launching a bridge loan program for Utah businesses with 50 or fewer employees who have been impacted by the COVID-19 crisis. Loan amounts range from $5,000 to $20,000 with 0% interest for up to a 60-month period.
  • Business Relief Hotline from Salt Lake County (offering help during this crisis): (385) 468-4011.
  • Tip your server program. Donate to help Salt Lake City restaurants make grants to their furloughed waitstaff.
  • Salt Lake County Housing and Rental Assistance resources.
    If you are in Salt Lake County and are homeless or at risk of becoming homeless, please call 801-990-9999 to connect with emergency shelter and learn about other resources.