Skip Navigation Full Site Map

COVID-19 Business Resources



Paycheck Protection Program to Offer Exclusive COVID-19 Loan-Application Window for Smallest Firms

The Small Business Administration will accept applications for the Paycheck Protection Program exclusively from companies with fewer than 20 employees for 14 days starting Wednesday, February 24.

What to know before you apply    |    Apply

5 Ways The New Stimulus Bill May Help Your Small Business

The second stimulus bill, the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, has been passed by Congress and signed into law. You can find some highlights of the Act and how they might apply to your business below.

  1. You may be eligible for a second PPP loan
    As you recall from the CARES Act earlier this year, Paycheck Protection Program (PPP) loans were available to small businesses that had been negatively impacted by the coronavirus pandemic. Those funds have been replenished, and even if you took out a loan the first time, you may qualify for another PPP loan.

  2. You may pay fewer taxes
    Before this bill, the expenses you paid for with PPP funds were not eligible to be deducted from your taxes. The IRS determined that getting a forgivable loan that wasn’t taxed and then using that tax-free money to pay for expenses that you deducted on your taxes would be double-dipping. Many businesses also received a grant (advance) from the Economic Injury Disaster Loan (EIDL) program, and the IRS was mum on whether those funds would be taxed. Fortunately, this legislation fixes both of these problems.

  3. You may request more money from your first PPP loan
    If you’re one of the many small businesses that returned their PPP loan or that applied for less than they were entitled to receive in PPP funds the first time, you can now go back and request more funding.

  4. You may get the full $10,000 EIDL grant
    The EIDL grant is coming back, and qualifying businesses may indeed get the full $10,000 (minus any grant already received), even if they were turned down previously or were locked out because funds were exhausted.

  5. You may get a simplified forgiveness process for smaller PPP loans
    Many business owners were hoping for automatic forgiveness for smaller loans, but that didn’t happen. Thanks to this bill, there will be a new, simplified application for loans of $150,000 or less, including loans that have already been made but not forgiven.

Original article here:


Business Assistance

Main Street Lending Program

The Federal Reserve established the Main Street Lending Program to support small and medium-sized businesses and nonprofit organizations that were in sound financial condition before the onset of the COVID-19 pandemic. If you participate in the Paycheck Protection Program, you may also apply for Main Street Lending.

Small and medium-sized businesses interested in the Program can apply for Program loans by contacting an eligible lender. More information for qualified borrowers, including a listing of registered lenders accepting new customers and have elected to be listed, can be found on the Federal Reserve Bank of Boston Information for Borrowers website.

 New Loan Facility Priority Loan Facility Expanded Loan Facility
Loan Term 5 years
Principal PaymentsPrincipal is deferred for two years.
Years 3-5: 15%, 15%, 70%
Interest PaymentsDeferred for one year
Interest RateAdjustable-rate of LIBOR (1 or 3 mo.) plus 300 basis points.
Loan Size$250,000
to $35 million
to $50 million
$10 million
to $300 million
Maximum Combined Debt to Adjusted 2019 EBITDA4 times6 times6 times
Lender Participation Rate5%
Fed Participation Rate95%
Prepayment AllowedYes, without penalty
Business Size Limits15,000 employees or fewer, or 2019 revenues of $5 billion or less
FeesOrigination and transaction fees may apply



In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak.

Regency Centers hosted a webinar with the National Federation of Independent Businesses (NFIB) that answers your questions on the program and funding.

Paycheck Protection Program

Provides an incentive for small businesses to keep their workers on the payroll.

Apply Now

Did You Receive a PPP Loan?

Apply for forgiveness at PPP.BANK, a free, secure resource for small businesses.

Apply Now

SBA Express Bridge Loan

Enables small businesses who have a business relationship with an SBA Express Lender to access up to $25,000 quickly.

Apply Now

SBA Debt Relief

The SBA is providing a financial reprieve to small businesses during the COVID-19 pandemic.

Learn More

BE AWARE! The Internal Revenue Service has issued a warning that scammers are already trying to take advantage of the Coronavirus Aid, Relief, and Economic Security Act (CARES act)... read more

Small Business Resources Guide

COVID-19 Small Business Resources CoverOur COVID-19 Small Business Resources Guide has more detail about the programs listed here and other help available to you.

Download Now

SBA: Small Business Guidance & Loan Resources

Please visit the SBA website for guidance for businesses and employers impacted by COVID-19.

Your Money And Coronavirus: A Financial Protection Guide

This Forbes guide aims to cut through the confusion and help you protect your finances in these uncertain times.

I’m Not Certain What to Do and Need Some Guidance

The SBA’s Local Assistance Directory can connect you to several local partners to counsel, mentor, and train small businesses.

What is My State Doing?

Several states are beginning to offer guidance and assistance for businesses and individuals impacted by COVID-19. You can access such information through your local and state government websites.

Visit Our State Page


What the Federal Government is Doing?
White House Coronavirus Task Force
Centers For Disease Control and Prevention (CDC)



Be Aware!

The Internal Revenue Service has issued a warning that scammers are already trying to take advantage of the Coronavirus Aid, Relief, and Economic Security Act (CARES act). The IRS plans to use previous tax return information to deposit the stimulus money into your account or send you a paper check as an alternative.

The IRS offered tips on how to identify fraudulent emails or call, emphasizing that any communication from the IRS will describe the funds as an "economic impact payment," not a "stimulus check."

  • Don't "verify information:" Scammers may try to get you to "verify" your filing information in order to receive an economic impact payment. They will use your personal information at a later date to file false tax returns.
  • Don't provide bank or Paypal account information: The IRS will not call and ask you to verify your payment details. Do not give out your bank account, debit account, or PayPal account information - even if someone claims it's necessary to get your check. It's a scam.
  • Don't click on email or text links with claims about getting money faster: Delete the email or text as it is a scam.
  • Be skeptical about checks you may receive now, especially if it is for an uneven amount or includes cents: If you receive a "check" in the mail now, it's a fraud - it will take the Treasury a few weeks to mail out the economic impact payment checks. If you receive a "check" for an odd amount (especially one with cents), or a check that requires that you verify the check online or by calling a number, it's a fraud.


You may have the opportunity to follow a link to other websites that may be of interest to you. These links are provided only as a convenience. The inclusion of any link on this page is not and does not imply an affiliation, sponsorship, endorsement, approval, investigation, verification or monitoring by Regency Centers of any information, materials, products, or services contained in or accessible through any linked site. We are not responsible for the privacy practices of those websites or the content provided thereon.
Regency Centers and its affiliates disclaim any and all liability for the information, including without limitation, any express or implied representations or warranties for information or errors contained in, or omissions from, such information. Regency Centers and its affiliates, employees, and officers shall not be liable for any loss or liability suffered by you resulting from the provision to you of the information or your use or reliance in any way on the information on such third-party websites.