The COVID-19 pandemic and the resulting social distancing precautions are impacting our local economy. We understand the stress that our businesses and workers are facing given the uncertainty of this outbreak and the disruption of our normal schedules. The purpose of this site is to communicate important information and share business resources to enable you and your employees to stay safe and informed during these uncertain times.
The most up-to-date information about the virus in Lowell can be found at LowellMa.gov/coronavirus.
Did you know that many small businesses can qualify for an Economic Injury Disaster Loan (EIDL), including sole proprietors and independent contractors? Read on...
The course provides an overview of entrepreneurship and applicable business ownership fundamentals. Active Duty Service members (including National Guard and Reserve), Veterans of all eras, and spouses are eligible to participate. Additional Info...
Restaurant Revitalization Program is a 28.6 billion grant program for restaurants administered by the U.S. Small Business Administration is coming soon.
Businesses can receive up to $5 Million grants, up to $10 million grants for restaurant groups. Additional Info...
Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from 6-months of economic injury with a maximum loan amount of $150,000 to up to 24-months of economic injury with a maximum loan amount of $500,000. Additional Info...