Small Business has supported Never Forget 9-11 Foundation for years. Multiple small businesses across the country have partnered with our organization to either place program participants in our youth leadership programs or discounted products we have needed to operate. We would like to give back. We are currently raising money to assist small businesses via grants and low cost loans to help them through the challenges of the novel coronavirus pandemic, also known as COVID19. As a 501c3 we can offer tax benefits to donors and help businesses stay on their feet. We can also support businesses manufacturing and delivering PPE to hospital workers across the country.
We also know that the federal Small Business Administration has not got the job done through the SBA EIDL – Economic Injury Disaster Loans – or the Paycheck Protection Program. Report after report has come out saying big business has gotten SBA loans meant for small business. We know we can do better and we want to focus on the mom and pop and local shops that support our public safety community every day.
Our non profit is intentionally diverse so we can represent all of America. We also look to support the entire community of businesses that supply our needs. This is so that everyone has an opportunity to succeed and overcome adversity and challenge.
We want to make sure that in those communities where business restrictions exist we can offer support also whether it is Dallas, Texas or San Francisco, California.
Our goal is to keep minority, woman, and/or veteran owned small business afloat during the novel coronavirus pandemic.
Most grants and loans probably won’t protect members of the service industry. They won’t protect the party planner, your favorite boutiques, beautician, barber, food trucks, or many other small businesses.
Our project is hoping to help pay rents, booth costs, and equipment rental/storage fees for minority, woman, and/or veteran owned small business. We know everyone needs time to adjust to the new normal without drowning in deferred debt. We also want to buy PPE from these groups for delivery to their local responders.
With your donations we will be able to help any number of groups across the country, but especially minority, woman, and/or veteran owned small business and get PPE to the healthcare providers fighting COVID19.
Our immediate goal is to cover their rent. Every $10,000.00 collected can give four to five minority, woman, and/or veteran owned organization another month to make adjustments.
Please donate and share this to keep mom and pop businesses afloat across the nation during COVID19! Please share #NeverForgetSmallBiz and donate today.
More information will be coming on this page once fundraising starts. Once funds are established our fundraising team which includes representatives of a Big Four tax firm, female Six Sigma black belt, and the public safety community will work through applications to get funds into the hands of small business. Our goal is to be responsive and quicker than the Small Business Administration. Your donation on our Go Fund Me page will help make this happen.
The Paycheck Protection Program is a Small Business Administration loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. We encourage businesses in need of support to seek these loans until funding runs out or we are funded.
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.
You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.
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