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COVID-19 Relief
Small Business Resources

A compilation of local and national resources for small businesses in our community.

We're committed to helping small business owners in Massachusetts and Rhode Island succeed, especially in light of the impact COVID-19 has had on area businesses. Please find links below to resources aimed at helping our small business customers during this challenging time. Check back frequently for updates to this small business resource list.

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Relief for Small Businesses

Apply for PPP Forgiveness
Visit our Paycheck Protection Program page for information on the loan forgiveness process for an existing PPP loan.
https://www.bankfive.com/PPP

Back to Business Loan
BankFive's Back to Business Loan is aimed at helping Massachusetts and Rhode Island businesses adjust to this "new normal" we find ourselves in. Whether you need financing to help reopen your business or to implement changes to better serve your customers in light of COVID-19, we are here to help in any way we can.
https://www.bankfive.com/BackToBusiness

SBA COVID-19 Relief Options
Information on COVID-19 EIDL, Shuttered Venues Grant, Restaurant Revitalization Fund, and SBA debt relief.
https://www.sba.gov/funding-programs/loans/covid-19-relief-options

New Bedford Economic Development Council Micro-Loan
The New Bedford Economic Development Council has a portfolio of lending products to assist your business needs. Financing programs include but are not limited to: Entrepreneurial Loan Fund, Fishing Assistance Loan Fund, and a Community Loan Fund. https://nbedc.org/grant-loan-programs/https://nbedc.org/grant-loan-programs/

Rhode Island Commerce
A list of COVID-19 resources for Rhode Island businesses.
https://commerceri.com/covid-19/

Federal Reserve Updates
Resources and updates from the Board of Governors of the Federal Reserve System.
https://www.federalreserve.gov/covid-19.htm

SCORE Small Business Resilience Hub
Up-to-date resources aimed at helping your small business recover from the pandemic.
https://www.score.org/content/small-business-disaster-preparedness-resources
IRS Coronavirus Tax Relief Updates
The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus.
https://www.irs.gov/coronavirus

Small Business Resources - Tips & News

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