Small Business Assistance 

Massachusetts Launched $10 Million recovery loan fund for small businesses

This fund will offer loans to small businesses affected by the coronavirus. The fund will offer eligible small businesses up to $75,000 with no payments for the first six months. The Massachusetts Growth Capital Corporation will oversee this fund and administer loans to small applicants under 50-full-time and part-time employees, including nonprofits. Send completed applications to with the subject line “2020 Small Business Recovery Loan Fund"

MEMA’s Emergency Operations Center’s Private Sector Hotline

MEMA Website 
The hotline will be staffed Monday – Friday from 8am to 4pm. The number for the hotline is 508-820-2094.

Small Business Administration’s Economic Injury Disaster Loan (EIDL) program

EIDL Program Link 

  • EIDL offers Massachusetts businesses who are experiencing hardships resulting from the COVID-19 outbreak access up to $2M in emergency loan capital with rates capped at 3.75%
  • MEMA is currently working with the U.S. Small Business Administration (SBA) to activate the EIDL program. Businesses can learn more about the SBA’s response to COVID-19 here

Workforce Guidance

The Executive Office of Labor and Workforce Development offers resources for businesses related to employee benefits and will post additional guidance as it becomes available.