Facebook announced a $100 million grant for small businesses impacted by COVID-19 and launched the Business Resource Hub, which features recommendations to help small businesses stay connected to customers and stay on track.
Google pledged to donate $800 million for COVID-19 relief includes efforts to help small and medium-sized businesses gain access to capital.
JPMorgan pledged $50 million to help struggling customers, and $8 million in aid to small businesses, specifically.
Kiva is urging small businesses to apply for 0% interest loans for up to $15,000. The company is also offering a longer grace period: New borrowers can access a grace period of up to six months.
Wefunder, an investment crowdfunding platform, launched a Coronavirus Crisis Loans program enabling small businesses to crowdfund loans of $20,000 to $1 million from supporters.
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