Prepare for the Next Round of Government Funding & COVID Relief

Chalkboard sign with five hanging lightbulbs, the middle one is colored in yellow (lit), text beneath the bulbs reads, "Get Ready"

We heard from a number of book and comic stores that they weren’t able to take advantage of these programs the first time around. Don’t be left out on the new funds soon to be available. Now is the time to plan your strategy!

Paycheck Protection Program (PPP) Some good changes have been made for round #2 of these forgivable loans. Contact your bank or credit union as soon as you can.

Employee Retention Tax Credit (ERTC) You can now file for this refundable tax credit AND a PPP loan. Contact your bookkeeper, payroll processor, or tax preparer.

Economic Injury Disaster Loans (EIDL) This round has set aside funds targeted to small lending institutions to help minority-owned businesses. Contact the Small Business Association (SBA) for more information.

Check out this comprehensive guide to Small Business Emergency Loans & Grants from the U.S. Chamber of Commerce.

The Book Industry Charitable Foundation
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