PLEASE NOTE: Some information in this post has changed - see our COVID-19 webpage for the most recent guidance >

As a part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) the Small Business Administration's Paycheck Protection Program is a loan option for nonprofits that provides eight weeks of cash-flow assistance through 100 percent federally guaranteed loans to employers with fewer than 500 employees to maintain their payroll during this emergency. The program offers forgivable loans to cover payroll and other eligible costs, up to $10 million, and is retroactive to February 15, 2020, to help bring workers who may have already been laid off back onto payrolls.

Funds are limited so act now.

Applications are accepted on accepted on a first-come, first-served basis beginning Friday, April 3rd. 

Applications must be submitted to an eligible 7(a) lender. Contact your local lender to determine application submittal process.  
 

LEARN MORE >    FIND A LENDER >    DOWNLOAD APPLICATION >   


To access a Stimulus Loan Calculator for use as a template for gathering the necessary application information 
CLICK HERE >
 
We have updated our collection of COVID-19 funding sources and financing-related resources here on our website, and will continue to do so as we obtain new information.
 
If you have questions or require assistance in utilizing this information, please contact Jonathan Chapman, Capital Link Chief Project Officer, at This email address is being protected from spambots. You need JavaScript enabled to view it.
 


Image2To support efforts to assist health centers in responding to the COVID-19 pandemic, Capital Link has developed a state-by-state estimate of revenue and job losses at health centers and their communities. This analysis estimates the impact of a 50% decline in patient visits at federally-funded community health centers as a result of the COVID-19 pandemic, over a three-month period from April through June 2020. 


 

We hope this analysis helps you better understand the scale of the challenges health centers face and serves as a tool to identify resources to support health centers during this perilous time.

View our collection of COVID-19 funding sources and financing-related resources, tools, and information here

If you have questions or require assistance in utilizing this information, please contact Jonathan Chapman, Capital Link Chief Project Officer, at This email address is being protected from spambots. You need JavaScript enabled to view it.

Findings from a recent statewide Value & Impact analysis prepared by Capital Link for the Louisiana Primary Care Association show that community health centers in Louisiana generate at total of $772 million annually in economic impact for the state, while also saving the overall national healthcare system $868 million annually. Read more here >

Sign up to receive our newsletter and email updates.

Sign Up