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Financial Assistance for Businesses & Nonprofits
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Financial Assistance for Businesses & Nonprofits
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The Madison Area Chamber of Commerce wants to help businesses find the information they need to access financial support during the COVID-19 crisis.
NEW! Gov. Holcomb Announces Nearly $44 Million to Aid Economic Recovery Effort - Governor Holcomb announced several new economic recovery efforts:
- Small Business Restart Fund
- Small Business Relief & Planning Resources
- Economic Activity Stabilization and Enhancement (EASE) program
NEW! Guide to PPP Loan Forgiveness & Paycheck Protection Program Forgiveness Forms, Instructions, & Worksheets
NEW! Jefferson County Business Recovery Grant - Apply Now
NOTICE: Independent Contractor's Guide to CARES Act
NOTICE! Madison Main Street Program Announces Business Resiliency Fund
The SBA has updated guidance on lenders for the Paycheck Protection Program. Please contact your local lender. Please do your best to read through the details of the program and gather necessary information in order to make the process more efficient.
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Guides and Fact Sheets
FFCR Act & CARES ActIncluding Paycheck Protection Program, Economic Injury Disaster Loans (EIDL), Employee Retention Credit, Payroll Tax Deferment, Employer Assistance, and more.
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Local Assistance
Madison and Jefferson County assistance options can be found here. Local banks will be assisting you with applications for the Paycheck Protection Program and other financing options.
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Where can I get advice?
While the Madison Area Chamber of Commerce can provide some guidance, we partner with the Southeast Indiana Small Business Development Center year-round to bring our businesses FREE advice and counseling. The ISBDC is up-to-date on the current options and can guide you in the right direction.
Contacting your accountant is a great option for advice on these matters.
You can also speak with a business banker at one of our local banks to help guide you through the process.
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Other Financial Assistance
Many companies and organizations are also offering assistance to businesses during this time.