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Security Newswire

University of Georgia aids small business in receiving COVID-19 relief funding

University of Georgia helps small businesses garner COVID-19 relief funding
January 4, 2021

The University of Georgia has set up webinars and virtual help to aid small businesses in receiving federal funding amid COVID-19. Funding available through the COVID-19 Emergency Relief Package will extend the federal Paycheck Protection Program (PPP) through March 2021. The PPP provides money for business owners to continue to pay employees and cover essential costs such as rent and utilities throughout the global pandemic to help aid in business resiliency and remain afloat.

The University of Georgia's Small Business Development Center has already been able to help 3,300 Georgia small businesses secure $88 million in grants and loans through the initial emergency relief funding, provided through the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020.

 

KEYWORDS: coronavirus COVID-19 risk mitigation

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