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Empowering Local Business in the Face of New Challenges

Loans & Grant Programs

Funding may be available for your business. Check out our list of available loans and grants to see if you or your business qualify to receive relief.

PPP Support

The U.S. Small Business Administration (SBA) is offering small businesses forgivable loans for up to 8 weeks of payroll through its Paycheck Protection Program (PPP).

Business loan

Local Programs

Preserve the Fort

Phase II of Preserve the Fort is now open!

  • Grant
  • Eligibility: businesses in the City of Fort Worth with less than 500 employees, certain non-profits, and bars/music venues closed due to COVID-19
  • Max Amount: Up to $150,000 per business 

Business Resiliency Microloan Program

Loan for local Fort Worth small businesses negatively impacted by COVID-19 

  • Loan with 7 – 15% interest (discount to women and veterans)
  • Eligibility: Any business with at least a 600 credit score rating and 3 months of bank statements
  • Max Amount: Up to $25,000 for FlashFunds specific loan

Alliance Lending Corporation Loans

Fixed-rate loaning program for for-profit, owner-occupied businesses (specialized in commercial real estate)

  • Loan
  • Amount: $250K – $5.5M

People Fund Small Business Loans

Small business loans designed for individuals with otherwise limited access to such resources

  • Max Amount: Up to $350K with additional benefits for veterans

North Texas Cares Fund

Grant aimed at non profits who are providing COVID-19 related services in North Texas

  • Grant
  • Eligibility: Any business that is 501c3 registered and provides services in North Texas
  • Amount: Varies by funder

Southside CARES

Grants for businesses, creatives, gig and service workers experiencing hardship in Near Southside

  • Grant
  • Eligibility: Facing financial hardship and works in the Culinary, Art, Retail, Entertainment, or Service industries
  • Amount: $250

The New Normal

Local artists that are experiencing financial difficulty submit a work representing life during COVID-19 to apply for a grant

  • Grant Competition
  • Eligibility: Open to all artists working and residing in Fort Worth
  • Deadline: June 20
  • Amount: $2K or $5K

Fort Worth Food & Wine Foundation Restaurant Employee Relief Fund

Relief fund to provide emergency assistance to employees of restaurants impacted by recent public health issues

  • Grant
  • Eligibility: Employee of a locally owned and operated restaurant. Restaurant owners and GMs can also apply on behalf of employees.
  • Amount:  $500 per employee

National Programs

Paycheck Protection Program (PPP)

  • Loan with potential forgiveness
  • Eligibility: Any business with <500 employees
  • Max Amount: Up to $10MM determined by 8 weeks of prior average payroll plus an additional 25% of that amount

SBA Disaster Loan

Loan for small business owners who need working capital to help overcome temporary loss of revenue 

  • Loan with 3.75% interest
  • Eligibility: Any business with <500 employees
  • Max Amount: Up to $2MM

LIFT Fund Disaster Relief

Loan to help weather COVID-19 related impact on revenue, with deferred payment options

  • Loan with 120-Day payment deferment
  • Eligibility: Any business with 9 months operating, 15% COVID related loss in revenue and good standing credit
  • Max Amount: Up to $50,000
  • Temporarily closed, but don’t forget to check back

Hello Alice COVID-19 Emergency Grant Contest

Contest for businesses impacted by COVID-19 who show strong need and strategic plan for use of funds

  • Grant Contest
  • Eligibility: Any business incorporated in the US. Must demonstrate need and proposed use of funds.
  • Max Amount: $10,000
  • Deadline: July 16

FedEx Grant Program

FedEx Grant program to support small businesses in need

  • Grant
  • Eligibility: For-profit small business with <50 employees, <$5M in annual sales revenue in 2019, and have shipped or plan to ship as part of business
  • Amount: $5000 grant + $500 FedEx Credit

The Actors Fund

Assistance to cover living expenses for performing artists and entertainment industry workers

  • Grant
  • Eligibility: Income requirements depending on job within the entertainment industry
  • Amount: 2 months of living expenses

Professional Beauty Association Relief Fund

Grant to support beauty professionals who are unable to work due to COVID-19

  • Grant
  • Eligibility: Licensed beauty professional who has been unable to work due to COVID-19, has not participated in other fundraisers
  • Amount: $500

Lowe's Minority-Owned Business Fund

Grant aimed at ensuring minority and women owned businesses receive sufficient COVID-19 support

  • $25M in grants
  • Eligibility: Any minority-and-women-owned small businesses
  • Application period currently closed, but check back for more information on future rounds.

Spanx Red Backpack Fund

Grants for female entrepreneurs in the US

  • Grant
  • Eligibility: Majority women-owned 2-50 employees <$5MM in revenue in each of past 3 years
  • Deadline: Next round open from July 6-13
  • Max Amount: $5,000 grants
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