COVID-19 Business Resources

Below is our best effort to compile a list of resources that are available to businesses seeking help from the effects of COVID-19. We are adding to this list each day as we become aware of additional programs and information. If you have or know of a resource that needs to be added to this list, please email with the information, and it will be added as soon as possible.


Martin County Primary Contact: Charles Banks, Martin Community College Small Business Center, 252-789-0202,


Regional Support: Small Business Technology & Development Center, East Carolina University, (252) 737-1385, The SBTDC also has a COVID 19 webpage:


State Hotline: Business Link North Carolina (BLNC) at 800.228.8443, M-F, 8:30 am – 4:00 pm. BLNC staff will connect your business to the appropriate organization for assistance. “Se Habla Español.”

Loans and Financial Resources

NC Rapid Recovery Loan Program

The North Carolina COVID-19 Rapid Recovery Lending program (founded by a consortium of funders including Golden Leaf and Thread Capital) supports North Carolina small businesses and family farms as they recover from the economic impact of COVID-19. This rapid recovery loan helps small businesses bridge the gap between when crisis strikes and when federal loans, insurance payouts, and other relief funds are approved, or businesses have time to recover. This is not a grant program. Applicants may receive zero percent interest for the first six months. Turnaround is no more than 4 business days. Apply here

NOTE: As of 3/27/2020 this program has more applications than funding and is seeking more funds. You can still submit applications in anticipation of more funding becoming available.


Small Business Association

Economic Injury Disaster Loans (EIDLs)

NOTE: If you are applying for the loan and hit a glitch and see any statements such as ” “this area is not declared”,  or “esign is not working”, etc. you should  screenshot the page and email to:  Also, continue to try and re-access the SBA portal every four (4) hours.

The SBA has approved the North Carolina Governor’s request for a disaster declaration, and you may begin the application process.  Applicants are encouraged to apply online:

  • ADVANCE AVAILABLE : On March 27, 2020, President Trump signed into law the CARES Act, which provided additional assistance for small business owners and non-profits, including the opportunity to get up to a $10,000 Advance on an Economic Injury Disaster Loan (EIDL). To qualify for the Advance on your EIDL, visit to fill out a new, streamlined application. The Advance may be available even if your EIDL application was declined or is still pending, and will be forgiven. To apply for the Advance, you need to submit a new application even if you previously submitted an EIDL application.  Applying for the Advance will not impact the status or slow your existing application.
  • SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
  • These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses. The interest rate for non-profits is 2.75%.
  • SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.
  • For additional information, please contact Charles Banks at Martin Community College, 252-789-0202, or visit , 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail

The US Chamber of Commerce offers some good guidance for FAQ’s for this:


Paycheck Protection Program (PPP) Loans

The new loan program will help small businesses with their payroll and other business operating expenses. It will provide critical capital to businesses without collateral requirements, personal guarantees, or SBA fees – all with a 100% guarantee from SBA. All loan payments will be deferred for six months. The SBA will forgive the portion of the loan proceeds that are used to cover the first eight weeks of payroll costs, rent, utilities, and mortgage interest.

  • Eligible recipients may qualify for a loan up to $10 million determined by 8 weeks of prior average payroll plus an additional 25% of that amount.
  • Loan payments will be deferred for six months.
  • If you maintain your workforce, SBA will forgive the portion of the loan proceeds that are used to cover the first 8 weeks of payroll and certain other expenses following loan origination.

More program details can be found here:

A list of SBA lenders in North Carolina can be found here:

This is also a good article describing combination EIDL and PPP loans and how to navigate their likely guidelines upon finalization.


SBA Debt Relief

The SBA Debt Relief program will provide a reprieve to small businesses as they overcome the challenges created by this medical event. Under this program, the SBA will pay the principal and interest of new 7(a) loans issued prior to September 27, 2020. The SBA will also pay the principal and interest of current 7(a) loans for a period of six months.


SBA Express Bridge Loans

This program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. SBA Express Bridge Loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue many are experiencing and can be a term loans or used to bridge the gap while applying for direct SBA Disaster Assistance. Loans up to $25,000 with fast turnaround that will be repaid in full or part by the EIDL loan. A list of SBA Express lenders can be found on the SBA District Office page


Childcare Centers and Childcare Information


  • Are you a child care provider and are in need of supplies (paper towels, toilet paper, bleach, cleaning supplies, etc.)? Please call the Martin-Pitt Partnership for Children at 252-758-8885 or email


  • Are you an emergency or critical worker in need of childcare? The State of North Carolina is urging all families who can keep their children at home, with a responsible adult, to do so. Emergency and first responders and critical workers needing referrals to child care programs that are open and operating for children ages birth to twelve should call the statewide toll–free number, 1-888-600-1685, Monday through Friday from 8 a.m. to 5 p.m. Those who can be served include: emergency and first responders; hospital staff; nursing and adult group home staff; frontline healthcare providers; child care program staff; families of children who are homeless, receiving child welfare services, and/or in unstable or unsafe living arrangements; and others who are working to keep North Carolinians safe and healthy.


Apply for Essential Business Status

UPATE: The process and contact has changed.


Effective Monday, March 30 at 5 pm Gov. Cooper has issued a statewide Stay-At-Home order for non-essential businesses.  The lists of essential businesses are much more extensive than earlier orders and the link is below to the Order.  If a company is essential they do not need any type of paperwork for their employees to go to work.


Governor Cooper Stay-At-Home order:


If a company is uncertain if they are essential, they may make an essential business request with the NC Dept. of Revenue here


If a company made a previous request to be considered an essential business it is not valid and they must start again.  Again, a company must ask with the new process in the essential business link above if the company is not sure and wants to get an official State decision.



For a good summary, Ward & Smith offers this


Personal Protective Equipment Manufacturing General Information


  • Are you a manufacturer willing to help with production of finished PPE or materials? Is your business able to pivot to manufacturing PPE equipment? Manufacturers interested in contributing to textile PPE (gowns, masks, gloves, etc.) can contact the Carolina Textile District (CTD) for help in transitioning their production to prototype and producing medical supplies during the COVID-19 crisis. Contact Sara Chester. Carolina Textile District for more info at or by phone at 828-674-3141.


  • Are you a NC Manufacturer that can provide assistance producing critical healthcare products? Go to and complete the form. The NC Manufacturing Extension Partnership will share the information with state and federal leaders who are seeking needed items. This includes parts or production of respirators.


  • Looking for a site that facilitates connections for supplies and resources? BIO created the Coronavirus Hub to connect companies with capacity and resources with those that need them, including medical research centers, biopharmaceutical companies, testing developers and testing sites requesting supplies. The new hub will enable users to post requests for urgently needed items, as well as posting availability of supplies and capacity.


  • Importing materials from international locations? If your company is considering importing needed items or raw materials from overseas and you would like assistance vetting foreign sellers, please reach out to Michael Cole, International Trade Manager at the Economic Development Partnership of North Carolina at .


Supply Chain Disruptions



Find the Manufacturer or Supplier your business needs at or sign up to register.




Facebook Small Business Grants Program

Facebook is offering $100 million in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries due to the effects of COVID-19.

For Farmers:

RAFI-USA will be distributing emergency mini-grants of $500 to farmers who are drastically impacted by market sales disruptions caused by COVID-19. The application for RAFI-USA emergency funds has not been released. The link in goes to a brief inquiry form. If you’re a NC farmer and would like to receive updates for when the application goes live, you can fill out the form. You can find the form at: 

United Way COVID-19 Community Response and Recovery Fund

United Way Worldwide has announced that it has established the COVID-19 Community Response and Recovery Fund to support affected communities and help the most vulnerable populations receive critical financial and social service support during the global crisis. Visit the following link to either donate or apply

Business Counseling Services and Layoff Aversion Strategies

Small Business Center Network

The Small Business Center Network is here to assist you and your business with resources and assistance related to the COVID-19 pandemic. The SBCN works in partnership with Federal, State and Local organizations to provide the information and strategies to help your business move forward. Charles Banks, Martin Community College, 252-789-0202,


Small Business and Technology Development Center-East Carolina University

The Small Business and Technology Development Center provides management counseling and educational services to small and mid-sized businesses, including those in distress. Most of the SBTDC’s services are free of charge, and all are confidential. (252) 737-1385


Business Edge Services

Business Edge is a statewide program through the NC Department of Commerce that offers a series of layoff aversion strategies and activities designed to help North Carolina employers prevent or minimize job losses. 800.562.6333 (Choose Option 2 – Business Services) or email . Website

Filing an Unemployment Insurance claim

NC Division of Employment Security

If you have lost your job or been laid off, file an Unemployment Insurance (UI) claim If you are not eligible for UI benefits, the business owner and/or employee may be eligible for Disaster Unemployment Assistance (DUA). DUA is a federal program that provides temporary payments to people in a federally declared disaster area whose employment has been lost or interrupted as a direct result of the disaster. Business owners that are self-employed, farmers, or commercial fishermen, who are unemployed as a direct result of the disaster may be eligible. COVID-19 specific information is here

Tax and Insurance Information

My business cannot afford the paid leave requirements passed by Congress.

H.R. 6201, the Families First Coronavirus Response Act (known as Package 2) requires employers to provide temporary paid leave to employees who cannot attend work due to personal medical needs, caregiving needs, or childcare needs. Included in H.R. 6201 is a refundable payroll tax credit to reimburse employers – dollar fordollar – for expenses they incur for paid sick leave and family and medical leave as well. Additionally, small businesses under 50 employees may apply for a waiver from the Department of Labor (DOL) to exempt them from paid leave requirements if it would place them in significant financial hardship.


My business cannot afford the cash-flow issues that paid leave and a refundable tax credit would create.

In a press release, Department of the Treasury Secretary Steven Mnuchin announced, “To protect businesses concerned about cash flow, the Treasury will use its regulatory authority to advance funds to employers in a number of ways. Employers will be able to use cash deposited with the IRS to pay sick leave wages. Additionally, for businesses that would not have sufficient taxes to draw from, Treasury will use its regulatory authority to make advances to small business to cover such costs.”


Tax Filing Extension

On March 17, 2020, Department of the Treasury Secretary Steven Mnuchin announced a three-month extension for tax filings. Specifically, this allows individuals to defer filing up to $1 million worth of earnings without incurring interest or penalties. Likewise, businesses are allowed to defer up to $10 million. This is designed to reduce burdens on small businesses and business owners, many of whom pass through their taxes on their individual returns.


N.C. Department of Revenue Special Penalty Relief

In response to the federal payment relief, the N.C. Department of Revenue will not impose a penalty upon individuals and businesses who do not pay their outstanding State income tax liability on tax returns due on April 15, 2020, so long as the taxpayers pay the tax due by July 15, 2020.

Guidance and Other Resources

N.C. Dept. of Health and Human Services

COVID-19 Recommendations for Businesses and Employers can be found here


Centers for Disease Control and Prevention

Interim Guidance for Businesses and Employers is here


Human Resources Guidance and Policy

Capital Associated Industries provides resources to guide and support NC employers and has created at COVID 19 Command Center for Q & A regarding workplace issues

Nonprofit and Government Assistance

Truist Cares Initiative

Truist Financial Corporation’s Truist Cares initiative supports the short and long-term needs of communities, clients and teammates in response to the COVID­19 pandemic. Truist Cares charitable grants will be made to our community partners to support and expand technology initiatives and programs with an emphasis on youth, seniors and small businesses to rebuild, restore and create thriving communities.


Grants support:


  1. Partnering with organizations that provide broadband services to communities in need or technology devices for students to learn at home
  2. Engaging teammates in virtual volunteerism and supporting underserved populations. Partnering with food banks to ensure low-income students have access to food or scholarships to the children of individuals with income disruption
  3. Delivering medical supplies and meals to the elderly. Partnering with organizations that provide food services, medical supplies and other senior assistance initiatives
  4. Providing funding and technical assistance to local and regional small businesses. Partnering with organizations that provide financial support and/or technical assistance to small businesses that are disrupted
  5. Helping nonprofits assess needs and expand services to at-risk populations. Partnering with the company’s sponsorship partners to support hourly workers affected by postponed or canceled sports and entertainment events.



Nonprofit organizations may apply for grants to support programs that meet the Truist Cares areas of focus. Please log in to the Truist Foundation website at . When completing the application, choose “COVID­19 Response” under “Program Area.” Questions? Please email:

Martin County Economic Development Corporation
415 East Blvd #130, Williamston, NC 27892