COVID-19 Business Resources

COVID-19 Business Resources

COVID-19 Business Resources

State’s Recovery Program link – Stay up to date with policy changes, reopenings, and events.

The following is a list of resources to help small businesses with funding and resources to get through this COVID-19 economic disaster.

The Department of Business, Economic Development and Tourism (DBEDT)’s list of resources for Hawaii small businesses including funding programs from the US Small Business Administration (SBA):

  • Paycheck Protection Program
    • Eligible recipients may qualify for a loan up to $10 million determined by 8 weeks of prior average payroll plus an additional 25% of that amount.
    • Loan payments will be deferred for six months.
    • If you maintain your workforce, SBA will forgive the portion of the loan proceeds that are used to cover the first 8 weeks of payroll and certain other expenses following loan origination.
  • Economic Injury Disaster Loans and Loan Advance
    • Small business owners are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000.
    • The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million to help small businesses overcome the temporary loss of revenue they are experiencing. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.
  • Debt Relief
    • The SBA will automatically pay the principal, interest, and fees of current 7(a), 504, and microloans for a period of six months.
    • The SBA will also automatically pay the principal, interest, and fees of new 7(a), 504, and microloans issued prior to September 27, 2020.
  • SBA Express Bridge Loans
    • Allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.

Find out more at the SBA Coronavirus Relief Options site.

Get help with your applications 

Small Business Development Center (SBDC)

Patsy T. Mink Center for Business & Leadership (MCBL)

Technology and Manufacturing Businesses

The Hawaii Technology Development Corporation (HTDC) has put together a list of resources and opportunities  for tech and manufacturing companies to help find solutions and assistance for communities and first-responders.

Bank Assistance

Please ask your business banker for any assistance programs they might have that could help as well including but not limited to:

General COVID-19 updates and other resources

Hawaii Department of Health COVID-19 page with daily updates

Governor David Ige’s Resource Page

Chamber of Commerce of Hawaii COVID-19 Business Resource site

Centers for Disease Control and Prevention (CDC) Situation Summary

CDC Health and Hygiene recommendations

World COVID-19 statistics, updated real time

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