Help for Businesses and Non-Profits

We understand the large reaching impact the COVID-19 pandemic is having on our many small businesses and non-profits. As federal and state resources become available, know that we will work to communicate them to you.

Below are valuable resources that offer help to those impacted.


SBA Coronavirus Relief Options

In addition to the Paycheck Protection Program (PPP) and traditional SBA funding programs, the CARES Act and subsequent legislation established several new temporary programs to address the COVID-19 outbreak

These programs are:

  • COVID-19 EIDL – This loan provides economic relief to small businesses and non-profit organizations that are currently experiencing a temporary loss of revenue.
  • SVO Grant Program – The Shuttered Venue Operators Grant Program provides emergency assistance for eligible venues.

To learn more about these programs, vist the SBA’s Coronavirus relief site linked below.

Corona Virus Relief Options

 

Michigan Economic Development Corporation

Michigan’s small businesses negatively impacted by the COVID-19 virus can now apply for the Michigan Small Business Relief Program. The program will provide grants and loans to provide economic assistance to Michigan’s small businesses. Grants will be administered by local and nonprofit economic development organizations (EDOs) around Michigan.

MEDC Resources

 

West Michigan COVID-19 Coalition

Leaders from Experience Grand Rapids, the Grand Rapids Chamber and The Right Place, Inc. convened the coalition aimed at making critical information more accessible to all area businesses and their employees. This website includes information on:

  • Legislation
  • Best Practices
  • Business Continuity
  • Organizations that can help
  • Employee Resources

West Michigan COVID-19 Business
Coalition

 

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What You Will Need Close Warning

Applying is fast and easy. Here’s what you’ll need to have ready:

  1. Your Social Security Number or Individual Tax Identification Number (ITIN)
  2. A US government-issued photo ID (e.g. Driver’s License, Passport, or State)
  3. A credit or debit card to fund your new account
  4. A valid email address

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial Banks to obtain, verify, and record information that identifies each person who opens an account.

What this means for you:
When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We must also ask to see your driver’s license or other identifying documents.

Online Applications are available for residents of our service area including Kent, Newaygo, Muskegon, Ottawa, Montcalm, Oceana, Osceola, Ionia, Mecosta, Lake, Allegan, and Barry Counties in Michigan.

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