Did you know that more than half of the workforce is employed by 99% of American small businesses?

Many small businesses could not access the Paycheck Protection Program by the Small Business Administration (SBA). As a result, several small businesses had to look for other funding options to help their struggling businesses. Many of these businesses decided that third-party grants may just be another great option.

The Small Business Administration’s Paycheck Protection Program was established to provide financial support for struggling businesses from November 7. The PPP program closed applications on May 31; however, there are other options that are still open to businesses seeking funding for their businesses.

Keep reading for a list of emergency-funding resources that are available to you as business owners that you can access right now. This funding comes from local and third-party sources that include private sources for small businesses that are going through economic challenges today.

1. Small Business Administration (SBA)

Small Business Administration

The SBA website is a great resource for business owners who are seeking grants and other forms of business funding. The SBA funding options are quite diversified, and these range from new businesses to intermediate businesses and advanced business options.

2. The Economic Injury Disaster Loan (EIDL)

5 Cities, States, and Pnline Funds Where Black-owned Small Businesses can Get Emergency Funding and Grants for their Businesses

Funding Type: The EIDL emergency loans come with a 3.75% interest and a maximum period of 30 years.

Funding Limit: The limit for the funding you can get is $2 million, which can be increased from $500,000.

Eligibility Criteria: To qualify you must be a US small business owner, non-profit, or an independent contractor.

Funding Deadline: The SBA EIDL funding deadline is 31, 2021, given the program’s funding availability.

3. Commercial Property Acquisition Fund Application 

5 Cities, States, and Pnline Funds Where Black-owned Small Businesses can Get Emergency Funding and Grants for their Businesses

The Commercial Property Acquisition Fund Application program is a program that’s designed for business owners located in Washington, DC equity impact enterprise businesses for commercial property acquisition. This grant program was established for the sole aim of ensuring that businesses maintain a physical presence in the District and expand their operations.

4. $45,000 to Pennsylvania Businesses and Nonprofit Organizations

If you have a business located in Pennsylvania, this grant program is for you. The grant program is to encourage small business owners who are looking to grow their businesses and need funding to do just that. The program is a very comprehensive grant program that you can access on the state.

5. Rural Veterans Healthcare Transportation Program Grant 

The transportation provider that is interested in this grant can apply for the Rural Veterans Healthcare Transportation business. This is eligible to apply for an award under the RVHT program if it is eligible for the STF Discretionary Grant Program and the areas to be served.