COVID-19 Resource Center

A Message to Our Tenants

 We value you. We are here to help you.

The situation with the novel coronavirus, COVID-19, is extremely fluid and government policies are changing daily. We have done our best to summarize and compile essential documents as a resource for your business. We urge you to review the materials and apply for all SBA programs under the CARES Act while funding is still available.

Business Assistance

Resources from the Small Business Administration and CARES Act

On March 27, 2020 the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by Congress. CARES Act programs and initiatives are intended to meet the needs of business owners. The following guides and checklists provide information about the major programs and initiatives that will be available from the Small Business Administration (SBA), as well as some additional tax provisions that are outside the scope of SBA.

CARES Act Programs
Am I eligible?

You are eligible if you are:

• A small business with fewer than 500 employees (includes franchise locations defined by SBA’s “Franchise Directory”)
• A small business that otherwise meets the SBA’s size standard
• A 501(c)(3) with fewer than 500 employees
• An individual who operates as a sole proprietor
• An individual who operates as an independent contractor
• An individual who is self-employed who regularly carries on any trade or business
• A Tribal business concern that meets the SBA size standard
• A 501(c)(19) Veterans Organization that meets the SBA size standard

In addition, some special rules may make you eligible:

• If you are in the accommodation and food services sector (NAICS 72), the 500-employee rule is applied on a per physical location basis
• If you are operating as a franchise or receive financial assistance from an approved Small Business Investment Company the normal affiliation rules do not apply
REMEMBER: The 500-employee threshold

What do I need to provide?

It may be helpful for interested business owners to gather the following information about their company:

    • 2019 and 2020 Payroll – including the last 12 months of payroll
    • 2019 Employees – 1099s for 2019 employees and independent contractors that would otherwise be an employee of your business (Note: Do NOT include 1099s for services)
    • Healthcare costs – all health insurance premiums paid by the business owner under a group health plan
    • Retirement – any retirement plan funding paid for by the company
    • Rent Statements – contact your property manager for copies
    • EIDL Application – submit your online application through the SBA
    • PPP Application Form – review and be prepared to complete the Application Form

Paycheck Protection Program (PPP)

Contact your local bank for an application and terms. Under the CARES Act, the loan is forgiveable if proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week period after the loan is made; and employee and compensation levels are maintained.

Economic Injury Disaster Loans (EIDL)

Apply for an EIDL advance of up to $10,000. According to the SBA, this economic relief can be available as soon as three days from a successful application, and this loan advance will not have to be repaid. For more information call SBA at (800) 659-2955.

Frequently Asked Questions
SBA COVID-19 Small Business Guidance & Loan Resources

For more information please visit the SBA website for guidance for businesses and employers who have been impacted by COVID-19.

I currently have a SBA 7(a) loan, what debt relief has SBA announced?

The SBA Debt Relief program provides:

  • The SBA will also pay the principal and interest of new 7(a) loans issued prior to September 27, 2020
  • The SBA will pay the principal and interest of current 7(a) loans for a period of six months

Contact your local SBA office and lender for more information.


I currently have a SBA Express Lender relationship, what options do I have?

Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with minimal paperwork. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.


  • Up to $25,000
  • Fast turnaround
  • Will be repaid in full or in part by proceeds from the EIDL loan

Find an Express Bridge Loan Lender by connecting with your local SBA District Office.

Other than the CARES Act initiatives, what other programs does the SBA offer?

SBA works with a number of local partners to counsel, mentor and train small businesses. When faced with any business need, use the SBA’s Local Assistance Directory

Access to Capital

SBA provides a number of loan resources for small businesses to utilize when operating their business. For more information on loans or how to connect with a lender, visit:

7(a) program offers loan amounts up to $5,000,000 and is an all-inclusive loan program deployed by lending partners for eligible small businesses within the U.S. States and its territories. The uses of proceeds include: working capital; expansion/renovation; new construction; purchase of land or buildings; purchase of equipment, fixtures; lease-hold improvements; refinancing debt for compelling reasons; seasonal line of credit; inventory; or starting a business.

Express loan program provides loans up to $350,000 for no more than 7 years with an option to revolve. There is a turnaround time of 36 hours for approval or denial of a completed application. The uses of proceeds are the same as the standard 7(a) loan.

Community Advantage loan pilot program allows mission-based lenders to assist small businesses in underserved markets with a maximum loan size of $250,000. The uses of proceeds are the same as the standard 7(a) loan.

504 loan program is designed to foster economic development and job creation and/or retention. The eligible use of proceeds is limited to the acquisition or eligible refinance of fixed assets.

Microloan program involves making loans through nonprofit lending organizations to underserved markets. Authorized use of loan proceeds includes working capital, supplies, machinery & equipment, and fixtures (does not include real estate). The maximum loan amount is $50,000 with the average loan size of $14,000.

How do I apply for a government contract?

For more information on federal contracting, visit

Who can I reach out to for more SBA guidance?

SBA works with a number of local partners to counsel, mentor, and train small businesses. The SBA has 68 District Offices, as well as support provided by its Resource Partners, such as SCORE offices, Women’s Business Centers, Small Business Development Centers and Veterans Business Outreach Centers. When faced with a business need, use the SBA’s Local Assistance Directory to locate the office nearest you.

Español: Coronavirus (COVID-19): Orientación y recursos de préstamos para pequeñas empresas

Centers for Disease Control and Prevention


Plan, Prepare and Respond to Coronavirus Disease 2019

Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019

State Resources

Gerrity Group, LLC provides this information as a service to clients and the community for educational purposes only. It should not be construed or relied on as legal or financial advice. Readers should not act upon this information without seeking advice from professional advisers and counsel.