Where to Find Economic Resources – PPP Update
May 7, 2020
Economic Resources: To help Utah companies identify resources to respond to the economic impact of COVID-19, the Utah Economic Response Task Force has created a tool that will help you determine the optimal federal, state, and local resources for your business.
Economic Resource Finder
For information on federal resources click here.
Utah PPP Update: The second round of the Paycheck Protection Program (PPP) has approved loans for 21,751 Utah companies for a combined amount of $1.6 billion.
This brings Utah’s total PPP numbers to 43,008 companies receiving $5.4 billion total in loans. Applications are still being accepted in this second round of PPP loans. Small businesses are are encouraged to reach out to their local lenders. Click here to learn more.
The U.S. Small Business Administration’s (SBA) Economic Injury Disaster Loan (EIDL), which reopened on May 4, 2020 to agricultural businesses with 500 employees or less is also still accepting applications. For more information on economic disaster relief from the SBA, click here.
Recent News
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- Ultragenyx sells second rare pediatric PRV in a week for $203M
- Co-Diagnostics’ Joint Venture CoMira Diagnostics Invited by Saudi Ministry to Participate in Strategic Manufacturing Forum
- Route 92 Medical Announces $100 Million Corporate Debt Facility
- Myriad Genetics and Labcorp Announce Definitive Agreement for Myriad to Sell Prenatal Health Testing Business to Labcorp
