Business Loans and Grants

Identify Economic Resources for Your Business

To help Utah companies identify available resources to meet their needs, the Utah Economic Response Task Force has created a tool that determines the best federal, state, and local resources for your business.

Economic Resource Finder

COVID-19 Small Business Quarantined Employee Grant

The COVID-19 Small Business Quarantined Employee Grant program is a $2,000,000 grant program administered by the Utah Labor Commission. It uses federal CARES Act funds 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

COVID-19 Commercial Rental Assistance Program

As part of S.B. 3006, the COVID-19 Commercial Rental Assistance Program includes $30 million in commercial property rental assistance. GOED will administer the grants providing rental relief to Utah small businesses — including nonprofits, sole proprietors, independent contractors and those that are self-employed — that have lost revenue as a result of measures taken to minimize the public’s exposure to COVID-19. View grant eligibility criteria and required documentation here.

Learn More

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

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.

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.