If you did not get your PPP loan approved before the funds ran out, you can apply for the GoFundMe small business Relief Fund.
What is the GoFundMe Small Business Relief all about?
The GoFundMe Small Business Relief Initiative is a grant opportunity that has provided thousands of business owners with one-time grants.
GoFundMe launched the Small Business Relief Initiative to assist small businesses impacted by the COVID-19 pandemic and to inspire their communities to unite around them.
Supporters should contribute to the Small Business Relief Fund, which would give eligible companies who earn at least $500 on GoFundMe a $500 matching donation.
How to apply for GoFundMe Small Business Relief Fund
Start a GoFundMe initiative for the company to help recoup any of the expenses of the pandemic’s recovery. In your fundraising story, use the hashtag #SmallBusinessRelief. Then, on the GoFundMe website, fill out an online form. You’ll be accepted for the grant after you’ve raised $500 of your own.
On March 24, 2020, the program began. At its inception, GoFundMe has awarded $500 grants to 5,000 small business owners in the United States. So far, the fund has allocated more than $2.7 million.