COVID-19 Small Business Resource Center

Mylo Small Business Resource Center

There’s so much to sort out right now when you have a small and growing business. We’ve gathered up-to-date COVID-19 resources and guidance in one place to support and equip you in these uncertain times. Updated regularly - be sure to check back.

NEW! What’s in the American Rescue Plan Act for small businesses?

The American Rescue Plan Act - a $1.9 trillion economic stimulus package that has new opportunities for small business funding - was just signed into law.

PPP loans will begin prioritizing companies with 0-20 employees

NEW! Changes to the Paycheck Protection Program will put more pandemic relief money into the hands of business owners with 20 or fewer employees – or no employees at all. Check out the update and learn how to apply.

Stimulus package passed - new benefits for small business owners

The $900 billion COVID stimulus package just passed, and it offers several measures that could benefit your small business.

UPDATE: Small business owners have a new $100,000 loan option

New changes to the Main Street Lending Program make it easier for small business owners to qualify for financial help during the coronavirus pandemic

Update! Two small business loan programs have changed

Important update for business owners: Two small business loan programs have made recent changes that could make it easier for you to get funds!

New bill passed – Paycheck Protection loans are now more flexible

June 5, 2020 Update - the Paycheck Protection Program Flexibility Act passed! Small business owners will now find it easier to qualify for forgiveness.

Reopening your business? This toolkit could help.

An easy-to-read summary of Lockton's Return to Work toolkit that could help you navigate the reopening maze.

A guide to cybersecurity during COVID-19

Unfortunately, the average number of monthly phishing attacks has nearly tripled since February 15, 2020. This guide can help you look out for yourself and your business.

Telehealth physicians: are you cyber secure?

If you’ve had to adjust to seeing patients via virtual offices to limit the spread of COVID-19, you’re increasing your virtual exposure to cyber breaches. Keep your business AND your patients protected.

New coronavirus relief package signed – paycheck protection loans funded again

A new $484 billion coronavirus relief package has passed. Here's how this new relief package could help you out.

Hold onto your employees with a Paycheck Protection Program loan

Learn how to cash in on the loans provided by the recently passed CARES act.

What will the stimulus package do for my business?

$377 billion will go to small growing businesses as a result of the package passed today to stimulate the American economy during the coronavirus crisis.

Do you qualify for an Economic Injury Disaster loan?

If coronavirus has severely impacted your business, you may be able to apply right away for relief through this Small Business Administration program. Check it out.

A message and resources on coronavirus for our Mylo community

As your advocate, we wanted to let you know how Mylo is approaching the coronavirus situation and ensuring we can deliver the best guidance for your current and future insurance needs.

Additional COVID-19 resources for your business

Paycheck Protection Program Loan Forgiveness: Info from the Small Business Administration (SBA) about how to qualify and apply to have your loan forgiven.

SBA Economic Disaster Injury Relief Loans: The Small Business Administration (SBA) is working directly with state governors to provide low-interest working capital loans of up to $2 million dollars to make up for your drastic drop in income.

Lender Match: Want to check out your other options for small business loans from an SBA-approved lender? Visit the SBA’s free online referral tool to connect with participating lenders within 48 hours.

Resources from our partner Fidelity Investments: Tips on managing finances, maintaining physical and mental health, staying productive at work and adjusting how we live.

State and Local Coronavirus Small Business Assistance: A list of governor’s websites for each state where you can check for up-to-date information about relief available in your area.

Lender and Corporate Small Business Assistance Programs: A list of banks offering relief to customers/businesses affected by COVID-19.

The Opportunity Fund: This micro loan program that specializes in lending to small businesses owned by women, immigrants and people of color is collaborating with investors and nonprofits on a coronavirus relief fund providing grants and low-interest rate loans to business owners in need.

Kabbage Payments: Allows business owners to sign up to sell their gift certificates online so anyone can purchase them and support participating small businesses.

As an advocate who believes in your business, we’re sharing resources and guidance that could help you out right now. We know you want to do everything you can to save money, so we’re here for you with free quotes that could lower your rates on business insurance (or even improve your coverage). Ask a licensed Mylo agent to review your current policy and try to beat it.