COVID-19 Resources


    The WVEDC is working with federal, state and local officials to communicate the most recent information and resources for WV businesses regarding the coronavirus (COVID-19) pandemic.

    COVID-19 Business Relief Resources from the West Virginia Development Office

    In order to aid businesses and communities dealing with the impact of COVID-19, the West Virginia Department of Commerce has developed a directory of human and financial resources. Please continue to receive public health information from the Department of Health and Human Resources and Governor Jim Justice’s official website. HERE you will find important information about resources from both state and federal agencies available to businesses and communities affected economically from COVID-19.


    Small Business Administration (SBA)

    Economic Injury Disaster Loan Program (EIDL) - Application Filing Deadline: December 21, 2020

    West Virginia has received its official disaster declaration #16354  - WV Disaster Number WV-00052 for Economic Injury, as a result of the COVID-19 pandemic. 

    Economic Injury Disaster Loans (EIDLs) provide working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations than cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period.

    Credit Requirements:

    • Credit History - Applicants must have a credit history acceptable to SBA
    • Repayment - Applicants must show the ability to repay the loan
    • Collateral - Collateral is required for all EIDL loans over $25,000. SBA takes real estate as collateral when it is available. SBA will not decline a loan for lack of collateral, but SBA will require the borrower to pledge collateral that is available.

    Interest Rates:
    The interest rate is determined by formulas set by law and is fixed for the life of the loan. the maximum interest rate for this program is 3.750%.

    Loan Terms:
    The law authorizes loan terms up to a maximum of 30 years. SBA will determine an appropriate installment payment based on the financial condition of each borrower, which in turn will determine the loan term.

    Loan Amount Limit:
    The law limits EIDLs to $2,000,000 for alleviating economic injury caused by the disaster. The actual amount of each loan is limited to the eonomic injury determined by SBA, less business interruption insurance and other recoveries up to the adminstrative lending limit. SBA aslo considers potential contributions that are available from the business and/or its owner(s) or affiliates. If a business is a major source of employment, SBA has the authority to waive the $2,000,000 statuatory limit.

    Loan Eligibility Restrictions:
    Noncompiance - Applicants who have not complied with the terms of previous SBA loans may not be eligible. This includes borrowers who did not maintain required flood insurance and/or hazard insurance on previous SBA loans.

    Note: Loan applicants should check with agencies/organizations adminstering any grant or other assistance program under this declaration to determine how an approval of SBA disaster loan might affect their eligibility.

    Economic injury disaster loans cannot be used to refinance long term debts.

    Insurance Requirements:
    To protect each borrower and the Agency, SBA may require you to obtain and maintain appropriate insurance. By law, borrowers whose damaged or collateral property is located in a special flood hazard area must purchase and maintain flood insurance. SBA requires that flood insurance coverage be the lesser of 1) the total of the disaster loan, 2) the insurable value of the property, or 3) the maximum insurance available.

    Applicants may apply online, receive additional disaster assistance information and dowloan applications here. A helpful tip for making this process more organized and easier to understand is to print off a paper version to review it first. To do that, you can click here (for review purposes only), as the online portal is how you will want to submit your application..

    EIDL Program Training Opportunities

    SBA Express Bridge Loans

    Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.


    • Up to $25,000
    • Fast turnaround
    • Will be repaid in full or in part by proceeds from the EIDL loan 

    Find an Express Bridge Loan Lender via SBA’s Lender Match Tool or by connecting with your local SBA District Office.

    Additional SBA Guidance and Loan Resources

    Small Business Development Center (SBDC) Resources

    Covid-19 Legislation

    Paycheck Protection Program - updated May 5, 2020

    General Overview of the Paycheck Protection Program (PPP)

    SBA lenders will start accepting Paycheck Protection Loan (PPP) applications today, April 3rd, for small businesses and sole proprietors. Independent contractors and self-employers can begin submitting applications on April 10th. This program provides potentially forgivable loans as long as the loan proceeds are used to cover payroll, mortgage interest, utility and rent costs over the 8 week period after the loan is made and employee and compensation levels are maintained.

    Eligible Businesses
    A small business with fewer than 500 employees
    A small business that otherwise meets the SBA’s size standard
    A 501(c)(3) not-for-profit charitable organization with fewer than 500 employees
    An individual who operates as a sole proprietor
    An individual who operates as an independent contractor
    An individual who is self-employed who regularly carries on any trade or business
    A Tribal business concern that meets the SBA size standard
    A 501(c) (19) Veterans Organization that meets the SBA size standard
    If you are in the accommodation and food services sector (NAICS 72), the 500-employee rule is applied on a per physical location basis
    If you are operating as a franchise or receive financial assistance from an approved Small Business Investment Company, the normal affiliation rules do not apply

    Ineligible Businesses
    Businesses engaged in illegal activity under federal, state or local law. (Cannabis warning)
    A household employer (e.g. if you have a nanny, staff, etc.)
    Any previous defaults on a federal loan in last 7 years

    Other important information
    1% interest rate
    2 years (2) term
    $10,000,000 Maximum Loan Amount
    Payments for the loan will be deferred for (six) months. (Interest continues to accrue.)
    No collateral or personal guarantees required
    Forms needed by borrower:
            -SBA Form 2483 (PPP Application)
         -Payroll documentation
    Lender forms:
            -SBA Form 2484
           -Must be filed electronically
    Available until June 30, 2020

    Paycheck Protection Program Reopens for Small Business Applications

    SBA started accepting applications for the Paycheck Protection Program (PPP) today Monday, April 27, 2020 at 10:30 a.m. Banks can now access the SBA portal to process PPP loan applications. Please keep in mind that you apply for the PPP program through your local bank or any participating federally insured depository institution, federally insured credit union, and Farm Credit System institution.

    If you can’t connect with a bank, consider applying though these channels:
    Paypal (for merchants)
    Square (for existing and new customers)
    Intuit (for Quickbooks and TurboTax self-employed customers)

    For more information and updates, visit and and

    Congress also approved $60 billion in coronavirus aid for the Emergency Injury Disaster Loan program. The interest rate is 3.75% for businesses and 2.75% for nonprofits. For more information about the program and to apply, click here.

    Quick Links
    PPP Interim Final Rule
    PPP Interim Final Rule 4-14-20 (Self-Employed)

    PPP Fact Sheet
    PPP Overview
    PPP Application
    PPP Frequently Asked Questions - Updated 5-5-2020

    Center for Disease Control (CDC)

    OSHA Resources and Information

    US Department of Labor

    Export-Import Bank of the United States

    Coronavirus Aid, Relief, and Economic Security (CARES) Act 

    The bill includes $377 billion in financial assistance for small businesses and to help ensure employees do not lose their jobs due to COVID-19.  The main provision will be 8 weeks of cash-flow assistance through 100 percent federally backed loans to small employers who maintain their payroll during this time of uncertainty.  Eligible employers have 500 or less employees, self-employed individuals, gig-economy businesses, nonprofits and veterans organizations.  The loans will equal 250% of an employer’s average monthly payroll and will be capped at $10 million. The portion of the loan that is used to cover payroll costs, interest on mortgage obligations, rent, and utilities will be forgiven if the employer maintains their payroll.  You will be able to access these loans through a network of small business lenders including community banks and credit unions. Learn more here.


    WV Work Remote Connection Initiative Launched to Help Businesses Support Remote Workers During Pandemic 

    As businesses struggle to adapt to their employees working from home, it has become apparent that many small to medium sized firms don't have the network capacity and bandwidth to support more than a few remote workers. This can be due to inadequate combination of these factors.  Alpha Technologies, an IT services firm headquartered in Hurricane, WV, is working to address this rapidly growing challenge by offering the West Virgina Work Remote Connection Initiatvie (WV-WRC) to any small-to-medium sized business across the state. The program offers secure server and connectivity to any business that needs it al no cost for 90 days. Under the program, Alpha Technologies will host (either physically or virtually) a businesses' server(s) at the federally-secured data center in South Charleston, install any necessary software to enable the business and remote worker to connect, provide voice/video services, if desired, and offer technical assistance and training to get them online. There is no cost to a business to take advantage of these services for up to 90 days. After the initial 90-day term is over, Alpha Tefchnologies will work with each business to return them to their previous state of operation or continue the WV-WRC for an extended period based on sustainability.

    To learn more about the West Virfinia Work Remote Connection Initiative or to appy click here.

    WV Tax Department - Business Tax Filing Information

    Senator Joe Manchin's Website

    Senator Shelley Moore Capito's Website

    Southern Economic Development Council Resources for Businesses


    The Dominion Energy Charitable Foundation

    The Dominion Energy Charitable Foundation has committed $1 million to aid COVID-19 relief efforts. Of the $1 million commitment, $250,000 will go to the American Red Cross as it continues to mobilize efforts to respond to the outbreak, and the remaining $750,000 will provide funding to nonprofits addressing direct needs in the communities across the Dominion Energy footprint, with a primary focus on those areas that are home to the more than 7 million retail customers Dominion Energy serves. The deadline is April 15th. Apply here.

    Emergency Impact Fund for North Central West Virginia

    Your Community Foundation (YCF) made a $10,000 contribution to initiate this fund, which will support nonprofits in the counties we serve: Harrison, Marion, Monongalia, Preston, and Taylor.  One hundred percent of donations to this fund will be distributed to nonprofits in our region, with priority given to those addressing immediate human needs. Nonprofits will be able to apply for this emergency grant funding through a streamlined, online application beginning April 1. Depending on the donations we receive and how long the crisis continues, YCF will make grants to nonprofits on a rolling basis.  

    The Small Business Relief Initiative and Fund FAQs

    What is the Small Business Relief Initiative?
    The Small Business Relief Initiative was started by GoFundMe to help small businesses that have been affected by the COVID-19 pandemic and empower their communities to rally behind them. GoFundMe has partnered with Yelp and Intuit QuickBooks to provide small business owners with the financial support and resources needed to continue running their businesses during and after the coronavirus crisis.

    As part of the Small Business Relief Initiative, GoFundMe, Yelp, and Intuit QuickBooks have each donated $500,000 to the Small Business Relief Fund., the company’s charitable and advocacy arm, started the Small Business Relief Fund to benefit small businesses. Supporters can donate to the Small Business Relief Fund and will provide grants to small businesses across the United States, starting with the hardest hit areas. The Small Business Relief Fund will be issuing $500 matching grants to qualifying businesses that raise at least $500 on GoFundMe. More partners will be announced in relation to this initiative at a later date.  Learn more here.

    Facebook Small Business Grants Program 

    We know that your business may be experiencing disruptions resulting from the global outbreak of COVID-19. We’ve heard that a little financial support can go a long way, so we are offering $100M in cash grants and ad credits to help during this challenging time.

    Who’s eligible?
    Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where we operate. We’ll share more details as they become available.

    How the program can help
    Keep your workforce going strong
    Help with your rent costs
    Connect with more customers
    Cover operational costs

    Next steps
    We’ll begin taking applications in the coming weeks. In the meantime, you can sign up to receive more information when it becomes available.

    Go to the website to sign up for updates.

    Truist – NCIFund COVID-19 Grants

    How much is available?
    $1 Million in grants from $5,000 to $25,000

    For how long?
    Funds are available to businesses that have completed all application components, on a first come – first served basis

    Who is eligible?
    Businesses in MD, NJ, NC, OH (Brown, Butler, Clermont, Hamilton and Warren Counties), PA, SC, VA, WV and Washington, D.C. 

    · That were in operation as of August 1, 2019.
    · That have no more than 10 full time employees and no more than $1 million in annual revenue.

    How do I apply?
    Application coming soon. Click here for more information. 

    Verizon Small Business Recovery Fund

    LISC will use the Verizon funding to provide grants of up to $10,000 to businesses facing immediate financial pressure because of COVID-19—especially entrepreneurs of color, women-owned businesses and other enterprises in historically underserved communities who don’t have access to flexible, affordable capital. Sign up for updates and notices.

    Bartender Emergency Assistance Program

    In order to qualify for grant assistance from the Bartender Emergency Assistance Program, the recipient must satisfy all of the following requirements:  Be a Bartender or the spouse or child of a Bartender. The Bartender Emergency Assistance Program defines a “Bartender” as an individual employed in serving beverages or otherwise engaged in the production, promotion or distribution of alcoholic beverages. An individual is considered “employed” as a Bartender if, for not less than one year prior to the application, the individual performed services as a Bartender on a regular full- or part-time basis or, if the catastrophic event or emergency hardship giving rise to the application prevents the individual from performing such services, for not less than one year prior to the event or hardship the individual performed services as a Bartender on a regular full- or part-time basis.  Learn more about the program and apply here.