RECOVERY CHECKS FOR AMERICANS OVERVIEW FROM SENATOR TOM COTTON: You will receive a check in the mail up to $1,200 per person plus $500 per dependent. Read info at the link.
ARKANSAS UNEMPLOYMENT ONLINE FILING - If you are working less than full-time, or have completely separated from your last job, you may file your Arkansas Unemployment Insurance claim from your own home. To file an EZARC online claim, you must have access to a computer, a printer, and an Internet Connection. Up to $600/week is available to independent contractors based on income lost due to COVID-19.
PAYMENT PROTECTIONS PROGRAM - An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Please contact your bank directly to discuss loan options under the Paycheck Protection Program. Note: If you are a musician and don't claim a lot of your income on your taxes, unemployment may be the best route.
***DOWNLOAD PPP FORM, CALCULATOR & MORE - CLICK HERE***
SBA.gov/Coronavirus - Arkansas small businesses are still eligible to apply for Low interest, long term Economic Injury Disaster Loans for up to $2 million: The first payment is deferred for 12 months. The application has been simplified and can be completed 100% online through our improved web portal at www.sba.gov/disaster.
In addition, an Economic Injury Disaster Loan Advance for up to $10,000 is available. The form to apply is part of the economic injury disaster loan application. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.
Remember, if you do not submit all the information requested, your loan cannot be fully processed. The estimated time for completing this entire application is two hours and ten minutes, although you may not need to complete all parts.
Visit SBA's small business resource page at SBA.gov/Coronavirus. Here you will find CDC requirements for small businesses how to access SBA resources including EIDL and much, much more.
For a list of all the SBA partners and organizations that your small business may need such as Chamber of Commerce, SBA Lenders and State Office check out their statewide Resource Guide.
Additionally, SBA’s Arkansas network of resource partners stand ready to assist small businesses across the state in filling out applications. These partners are seeing clients virtually to assist in minimizing impact exposure to COVID-19 and protect our small business communities.
Arkansas Small Business & Technology Development Center (ASBTDC)
ASBTDC is gearing up to be set up as a virtual emergency site to help with disaster relief lending. For more information on ASTBC, please see http://asbtdc.org/covid-19-resources where they will be putting more information disaster funding assistance. You can also call ASBTDC at 1-800-862-2040 or e-mail at firstname.lastname@example.org.
SCORE Mentors of Little Rock
SCORE Mentors Update - In response to recent developments relating to COVID-19, SCORE is temporarily suspending in-person events, including chamber office hours until further notice. However, continued support is fully available online. Local workshops may be postponed or held online. Check the Little Rock SCORE website for more information.
Arkansas Economic Development Commission: AEDC has compiled a list of programs and resources, and will continue to update this list as additional resources become available at www.arkansasedc.com/covid19
MUSIC INDUSTRY RESOURCES
MUSIC COVID RELIEF - a resource brought to you by the U.S. Music Community to help music professionals access information and applications to receive benefits made available by the CARES Act (Phase III of the Coronavirus Stimulus bill signed into law March 27, 2020).
BRAINTRUST COVID-19 RESOURCES FOR FREELANCERS - Great info!
BMI RESOURCE CENTER: Covers the key points on the CARES ACT/COVID19, plus tips & best practices for online streaming & more
Guide for Artists and Fans to Support Music During the COVID-19 Outbreak - March 12, 2020: For Musicians and Music Fans. What do we need to be doing from both sides?
Creative Capital: List of Arts Resources During the COVID-19 Outbreak - March 13, 2020: Several available grants & financial aid for artists in The U.S.
Musicians Foundation: Grant Application - March 18, 2020: Financial aid grants available to artists
MusiCares/Grammys: Grant Application - Financial programs available to artists via The Recording Academy.
ArtistTrust.org: Growing List of Resources for COVID19 Response - Global resources available to artists worldwide
Americans for the Arts: COVID19 Resource and Response Center - Comprehensive list of information & resources available to artists in The U.S.