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Financial Relief

COVID-19
Home COVID-19 Financial Relief

Important Advisories

  • Your local and/or state public health officials may be making recommendations for the care of decedents and/or public gatherings that are more stringent than what the CDC and federal government have recommended. In these cases, you should defer to your state and/or local public health officials.
  • The CDC has advised if you think you have been exposed to COVID-19 and/or develop a fever and symptoms, such as cough or difficulty breathing, call your healthcare provider for medical advice. If you are concerned about a potential exposure, this risk assessment for healthcare personnel (HCP) from the CDC may be useful.

Financial Relief

Updated: April 20, 2020

The COVID-19 pandemic is having a tremendous impact on the economy and on businesses large and small throughout the country. 

Funeral service is no exception.  We are compiling information and resources on financial relief available to help businesses both in the interim and to support their long-term viability.

 

Beware!

If you own a small business or work for one, you’ve seen the headlines about financial relief that may be available to some companies through the Small Business Administration (SBA). But you’ve also heard about scammers who extract a grain of truth from the news and distort it in an effort to cheat small businesses. Get tips from the FTC on how you can avoid scammers. 

Federal Assistance

  • Overview of Loan Options from the Federal Government from Live Oak Bank - Paycheck Protection Program and Economic Injury Disaster Loan
  • U.S. Small Business Administration (SBA) - Small Business Guidance & Loan Resources 
    • SBA Assistance Program - Learn More and Apply:
      • Paycheck Protection Program
      • Economic Injury Disaster Loans and Loan Advance
      • SBA Debt Relief
      • SBA Express Bridge Loans
  • SBA Releases PPP Forgiveness Application and Instructions - From SESCO Management Consultants
  • Paycheck Protection Program: FAQs for Small Businesses
  • Paycheck Protection Program (PPP) Information Sheet for Borrowers
  • The Main Street Business Lending Program, a new initiative announced by the Federal Reserve, will complement efforts by the SBA and further support lending to eligible small and medium-size businesses. More details to come.
  • Save Small Business Fund - U.S. Chamber of Commerce

State/Local Assistance

  • This Forbes Magazine article is being kept up to date with information about grant and loan programs from state and local governments. Check to see what is available in your location.

Other Information and Resources

  • IRS Coronavirus Taxpayer Information Page – The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus. This page will be updated as new information is available.
  • CARES Act: Recovery Check FAQ

Webinar: COVID-19 & Finances: Ensuring Your Business Survives

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The National Funeral Directors Association is the world’s leading, largest and most trusted association to support funeral professionals. We provide our members with critical information, innovative tools, resources and the professional community they need to serve families, run sustainable businesses and become pillars in their communities.

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