Financial Help For Colorado's Creative Industries Community
Colorado Arts & Culture Community. COVID-19’s impact on Colorado has been widespread.
The $2 trillion CARE Act is a major economic resource to help Colorado’s small businesses experiencing economic harm. A key portion of this act is the Paycheck Protection Program which allocates $349 billion in forgivable loans to help small businesses, independent contractors and nonprofits meet payroll and rent needs.
The first step in accessing these forgivable loans is to prepare the materials necessary to apply. That includes confirming your eligibility, gathering the necessary records (payroll, rent, utilities, tax and bank records) and estimating the eligible amount of your forgivable loan.
For additional details on the Paycheck Protection Program’s forgivable loans and a comprehensive list of state and federal resources available for Colorado’s businesses, visit choosecolorado.com/covid19. OEDIT representatives are available to answer your questions through the COVID Economic Hotline at (303) 860-5881.