Business Loans and Grants


The Economic Aid Act authorizes the SBA to guarantee additional Paycheck Protection Program loans. Contact the SBA, your banker or one of many Utah resources to apply for funding.

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2021 Impacted Small Business Catalyst Grant

To help support Utah’s small businesses, nonprofits, and organizations, $15 million is designated for the 2021 Impacted Small Business Catalyst Grant. The purpose of the grant is to assist small businesses, nonprofits, and organizations that experienced 1) a high level of revenue decline in a consecutive four-month period in 2020 compared to the same period in 2019, or 2) began operations after Jan. 1, 2020, and can demonstrate the effects of COVID‐19 on the business and 3) provide evidence of continuing solvency.

Learn More & Apply

COVID-19 Small Business Quarantined Employee Grant is Closing June 30, 2021

The COVID-19 Small Business Quarantined Employee Grant program is a $5,000,000 grant program administered by the Utah Labor Commission. It used federal CARES Act funds and state dollars as part of Utah’s response to the coronavirus pandemic. The program provides reimbursement to small businesses with less than 50 employees that maintain salaries for employees required to quarantine or isolate due to COVID-19.

Learn More & Apply

Do you have a business-related question about the coronavirus pandemic? We have answers. Please email or call 1-800-456-7707.

The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act

The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act is a $325 billion aid package providing additional assistance to the hardest-hit small businesses, nonprofits, and venues struggling to recover from the impact of the COVID-19 pandemic.

The act provides funding for a second round of forgivable loans through the Paycheck Protection Program for small businesses and nonprofits experiencing significant revenue losses, implements programmatic improvements to PPP, funds grants to shuttered venues, and enacts emergency enhancements to other U.S. Small Business Administration lending programs.

Business owners and nonprofit organizations should subscribe to the SBA Utah District Office newsletter and follow them on Twitter to stay current on the new programs. They’ll provide real-time updates and information. You may also contact the Utah District Office at (801) 524-3209 or by email at

Loans, Grant and Relief Programs

PDF Fact Sheets for Reactivating Business


The President signed the CARES Act, a $2 trillion aid program to provide emergency assistance and health care response for individuals, families and businesses affected by the 2020 coronavirus pandemic. Click here to learn how the CARES Act will benefit you.

U.S. Small Business Administration (SBA)

Congress is actively working to get additional funding appropriated, and the Utah Congressional Delegation is actively involved in those efforts. We fully expect Congress to act to appropriate additional funding while recognizing that this delay in funding is putting additional pressure on small businesses. 

Please note that the SBA’s Express Bridge Loan and Debt Relief programs are still accepting applications. This is a developing situation and we will keep our readers updated as funding potentially comes back online.

For more information, visit the SBA website. For any questions or requests for assistance, Utah businesses are encouraged to reach out to the rapid response team here.

Here’s a guide and checklist from the U.S. Chamber of Commerce to help your small business through the process and view this interactive map to show the aid available to small businesses on a state-by-state basis

  • A top-line overview of the program can be found here.
  • If you’re a lender, more information can be found here.
  • If you’re a borrower, more information can be found here.

The application for borrowers can be found here.

Request an appointment with the Utah Small Business Development Centers here.

Internal Revenue Service

March 30, 2020 — The Treasury Department and the Internal Revenue Service today announced that distribution of economic impact payments will begin in the next three weeks and will be distributed automatically, with no action required for most people. Tax filers with adjusted gross income up to $75,000 for individuals and up to $150,000 for married couples filing joint returns will receive the full payment. Learn more here.

Federal Emergency Management Agency (FEMA)

U.S. Department of Labor

On March 24, 2020, the U.S. Department of Labor issued its first round of guidance on how to take advantage of the protections and relief offered by the Families First Coronavirus Response Act (FFCRA) effective April 1, 2020.  

U.S. Department of Treasury

U.S. Economic Development Administration (EDA)

Utah’s EDA Revolving Loan Fund Grantees: 

  1. Five County Association of Governments: Beaver, Garfield, Iron, Kane, and Washington:
  2. City of Orem:
  3. Six County Association of Governments: Millard, San Pete, Sevier, Juab, Piute, and Wayne:
  4. Southeastern Utah Association of Local Governments: Carbon, Emery, Grand, and San Juan:
  5. Uintah Basin Economic Development District: Duchesne, Uintah, and Daggett:
  6. Mountain West Small Business Finance: Salt Lake City:

          U.S. & Foreign Commercial Service 

          For U.S. companies that produce goods or services for export, the U.S. & Foreign Commercial Service (USFCS) is authorized to reduce user fees and services by up to 100% for U.S. small and medium-sized enterprises and economic development organizations, and by up to 50% for large U.S. companies. Reduced fees will be provided until September 30, 2020. For more information, click here.

                Export-Import Bank of the United States (EXIM)

                On March 12, 2020, EXIM underscored its strong support for new initiatives to inject liquidity into the market and give maximum financing flexibility to facilitate sales of U.S. goods and services abroad during the COVID-19 crisis. Please see below a list of opportunities available to small businesses with additional flexibilities. If you have any questions, please reach out to

                Extension of Payments  

                  EXIM Short Term Credit Standards (Updated as of 5/1/2020)

                  U.S. Customs and Border Protection to Temporarily Defer the Deadline for Import Duties, Taxes, and Fees

                  U.S. Commercial Service

                  U.S. Department of Agriculture

                  Utah Department of Heritage & Arts

                  Through its seven divisions, the Department of Heritage & Arts is committed to providing resources regarding COVID-19 volunteer initiatives and economic relief funds to the nonprofit sector. We particularly strive to focus on supporting our multicultural and diverse community of residents in Utah and the Navajo Nation, and we encourage businesses to contact our staff if we can provide any guidance in building and nurturing these inclusive relationships.

                  Utah Governor’s Office of Economic Development

                  Following Gov. Herbert’s leadership, the Utah Governor’s Office of Economic Development has marshalled its resources to help in all aspects of economic impact resulting from the coronavirus pandemic. The agency maintains the state’s Resources for Business on and has a COVID-19 devoted webpage on its site.

                  U.S. International Development Finance Corporation

                  Salt Lake Chamber

                  Salt Lake County

                  Summit County

                  Utah County

                  Wasatch County & Mountainland Association of Governments

                  World Trade Center Utah

                  Ogden City’s Emergency Loan Fund

                  Ogden City’s Emergency Loan Fund is available to help Ogden companies immediately affected by COVID-19 (coronavirus). Learn more here.

                  For information on how to safely return to work, please visit the Workplace Resources page.