Small Business Resources
Senator Rausch's Small Business COVID-19 Survey
Small businesses are the backbones of our communities, and COVID-19 has posed significant challenges for our local and state economies. As your state senator, I am collecting perspectives and suggestions from business owners in my district to inform statewide policy decisions over the course of this pandemic. If you are my constituent or operate a small business in my district that has been affected by COVID-19, I want to hear from you.
Examples of state-level action taken by the legislature include extending tax deadlines, increasing regulatory flexibility for restaurants, modifying permit conditions, and extending municipal permitting deadlines.
Any feedback pertaining to federal action will be forwarded to your Massachusetts federal delegation. Examples of federal action includes the Paycheck Protection Program (PPP), provisions of the CARES Act, the Employee Retention Tax Credit, or any programs administered by the Small Business Administration (SBA).
Massachusetts Growth Capital Corporation: The Commonwealth of Massachusetts has made $50.8 million in grants available to support small businesses, microenterprises, and their employees affected by COVID-19. For companies with up to 50 employees, grants of up to $75,000 can be used for payroll and benefit costs, mortgage interest, rent, utilities and interest on other debt obligations. Smaller employers can get up to $25,000.
Preference will be given to small businesses whose owners are women, minorities, veterans, members of other underrepresented groups, who are focused on serving the Gateway Cities of Massachusetts, and those most negatively impacted by the COVID-19 pandemic. Preference will also be given to applicants that have not been able to receive aid from other federal programs related to COVID-19.
The application window closes on Nov. 13. Apply as soon as possible. To learn more, visit EmpoweringSmallBusiness.org.
Massachusetts WorkShare Program: This program supports employers and workers by providing an alternative to layoffs through reducing the hours of employees and using unemployment benefits to supplement lost wages. To learn more, visit https://www.mass.gov/workshare-for-employers.
Federal Disaster Loans: The U.S. Small Business Administration (SBA) will offer low-interest federal disaster loans for working capital to Massachusetts small businesses suffering from losses as a result of the Coronavirus. The disaster declaration makes SBA assistance available in the entire state of Massachusetts and the contiguous counties in neighboring states.
To apply for aid or receive additional disaster assistance information, please consult https://disasterloan.sba.gov/ela. You can also contact the SBA’s Customer Service Center at (800) 659-2955 or email firstname.lastname@example.org for more information on SBA disaster assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339.
Completed applications should be mailed to:
U.S. Small Business Administration
Processing and Disbursement Center
14925 Kingsport Road
Fort Worth, TX 76155