Have you or your business been negatively impacted by COVID-19?

In the wake of COVID-19 many businesses have faced financial loss and many business owners have been forced to make difficult decisions that have negatively impacted their business. Thankfully, through local partnerships, federal relief funding and several in-house products, we have been able to provide financial relief for individuals and businesses alike.

Small Business Partnership Programs

GREENVILLE COUNTY CARES COVID19 FEDERAL FUNDING

Greenville County has been entrusted with allocating Federal CARES Act money to local businesses, non-profits, public health outlets, housing authorities, special purpose districts, and other agencies. CommunityWorks is a partner of this program as one of the preferred lending partners.

CITY OF SPARTANBURG BACK THE BURG PROGRAM

The Spartanburg Area Chamber of Commerce in partnership with CommunityWorks has established the Bringing Back the Burg Small Business Fund to help businesses impacted by COVID-19. The BTB loan is specifically to equip businesses to prepare, prevent, or respond to COVID-19.  The fund is designed to financially assist qualifying small businesses through low interest and forgivable loans. Businesses that meet the criteria could be eligible for a $10,000 loan.

For the grant recipients, 50% of the funds will be forgiven if the business:

  • Uses the funds for the intended purpose outlined in your request (to prepare, prevent and respond to impacts associated with COVID-19) and provides the necessary documentation proving that funds were used for the intended stated purpose
  • Provides the necessary data and reporting required which could include but not limited to the number of jobs retained or created, business gain, loss or growth, target population served (the necessary forms will be provided)
  • Maintains business operations for one year from the release of funds

The Chamber will provide complimentary 12-month membership to businesses that receive a grant.

***Due to high demand and limited funds, approvals will be made on a first come first serve basis. Please note that you must submit a full application and all documentation in order to be considered. Only Spartanburg businesses will are eligible, and the loan maximum is $10,000.***

CITY OF ROCK HILL UNITE RELIEF PROGRAM

The purpose of the Rock Hill Unite Loan program is to provide expedited financial relief to small businesses that have experienced a downturn in business due to impacts from COVID-19.

Crisis Business Coaching

Has your business been affected by COVID-19?

Sign up for a session with one of our business advisors to find out if you qualify for free business coaching to update your business plan.

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