Recovery Resources For Businesses After COVID-19

So we made it over the hump — what now? A lot of us might be asking ourselves that exact question in the wake of COVID-19. Alongside the business owners of Iowa, we are making a strategic pivot in order to better help the recovery side of this pandemic. Below is a list of organizations who have created helpful guides, programs, creative pivots, articles for what's next in your industry, and more!

Can't find recovery resources for your industry? Contact our team so we can help!


PPP & EIDL Translated to 17 Languages

All major documents related to PPP and EIDL have been translated into all 17 languages. This is accessible via and

Shuttered Venue Operators (SVO) Grant

The Shuttered Venue Operators (SVO) Grant program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, signed into law on December 27, 2020. The program includes $15 billion in grants to shuttered venues, to be administered by the SBA’s Office of Disaster Assistance.

Eligible applicants may qualify for SVO Grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.

For additional details, see our Shuttered Venue Operators Grants Frequently Asked Questions.

SBA Portal

A resource of private funding options to help small businesses. Browse options available nationally, or input a zip code to explore location-specific funding.

SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

WASHINGTON – The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13.  The PPP will open to all participating lenders shortly thereafter. Updated PPP guidance outlining Program changes to enhance its effectiveness and accessibility was released on January 6 in accordance with the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act.

This round of the PPP continues to prioritize millions of Americans employed by small businesses by authorizing up to $284 billion toward job retention and certain other expenses through March 31, 2021, and by allowing certain existing PPP borrowers to apply for a Second Draw PPP Loan.

“The historically successful Paycheck Protection Program served as an economic lifeline to millions of small businesses and their employees when they needed it most,” said Administrator Jovita Carranza.  “Today’s guidance builds on the success of the program and adapts to the changing needs of small business owners by providing targeted relief and a simpler forgiveness process to ensure their path to recovery.”

“The Paycheck Protection Program has successfully provided 5.2 million loans worth $525 billion to America’s small businesses, supporting more than 51 million jobs,” said Treasury Secretary Steven T. Mnuchin.  “This updated guidance enhances the PPP’s targeted relief to small businesses most impacted by COVID-19.  We are committed to implementing this round of PPP quickly to continue supporting American small businesses and their workers.”

Key PPP updates include:

  • PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs;
  • PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures;
  • The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations, among other types of organizations;
  • The PPP provides greater flexibility for seasonal employees;
  • Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount; and
  • Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan. 

A borrower is generally eligible for a Second Draw PPP Loan if the borrower:

  • Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses;
  • Has no more than 300 employees; and
  • Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020.

The new guidance released includes:

For more information on SBA’s assistance to small businesses, visit or

Small Business Recovery Resources

Shop Iowa

Shop Iowa is a website that connects small brick and mortar retail businesses in Iowa with consumers into one marketplace. To support the state’s retailers during this unprecedented time, Shop Iowa offers the chance to have a presence on an online marketplace for free.

Masks of Wellness

Mask of Wellness is a free program created by David Krupp MD (area ER doctor) and Robbie Schwenker PharmD to help businesses quickly and easily promote the care they are taking to re-open. Business owners can go to and self-certify for free. In just a few minutes, and then access free downloadable flyers, digital badges and more to promote their business as a COVID Conscious Business providing their employees and customers with peace of mind (on mask-wearing policy, hygiene and wellness). The founders have partnered with RAYGUN to provide clings, stickers and t-shirts that are available for purchase (optional).

Iowa Economic Development Authority

The IEDA has created a general guidebook for opening all businesses, checklists for personal service businesses, as well as signage you can use when you re-open.

Greater Des Moines Partnership

 DSM Forward is a compilation of playbooks devoted to helping businesses and industries prepare for next steps related to economic recovery from the COVID-19 pandemic. DSM Forward includes industry-specific playbooks with assessments and recommendations — leveraging international, national, state and local sources, and following federal, state and local public health official recommendations — to help guide businesses and organizations as they determine pathways toward the future in an ever-changing landscape.

America's SBDC Iowa

 The America’s SBDC Iowa knows the many challenges that small business owners are facing due to the impact of COVID-19. They created a #Back2Biz Guidebook and additional resources as a way to provide helpful information as businesses reopen.


 Check out this Industry Resource Hub, full of action plans for small businesses, creative pivots, articles on what's next for various industries, and more! SCORE has also mobilized a new, faster way to work with mentors. This is happening through real time mentoring

Guidance for Iowa Businesses During COVID-19

The topic on most everyone's mind is the novel (new) Coronavirus (COVID-19). As everyone is doing their part to help stop the spread of this virus, we here at IASourceLink wanted to share resources available to small business owners in Iowa. 

COVID-19 will affect your business in some way - from employees staying home sick, vendors unable to fill orders, and customers staying away - your small business needs to be prepared.

Starting your own business as a result of COVID-19? No problem! Our helpful guide walks you through the necessary steps to get started. 

Iowa Reopening Guidance

Iowa Economic Development Authority (IEDA)

The IEDA has collected multiple resources available from their partners across the state - including assistance for employers/employees affected by layoffs, access to disaster loan programs through multiple chambers of commerce, and more! Check out this helpful IEDA IFA COVID Response Summary COVID-19 flyer their team has put together with information on loans/grants and different assistance programs that are available

Iowa Association of Business and Industry (ABI)

The ABI provides a list of resources that are available for employers to provide information and track the disease. One resource they list in particular, is through the U.S. Chamber of Commerce Foundation, where you can learn about what businesses are doing to assist businesses / individuals at this time. Some examples include donated medical supplies, grants, free shipping/items, etc.

Iowa State University Center for Industrial Research and Service (CIRAS)

The CIRAS shares quite a few links regarding protecting your business in general, but goes into great detail when talking about protecting your supply chain. 

US Chamber of Commerce

The US Chamber of Commerce has created a customizable flyer for businesses to display ways they are combating potential contamination of COVID-19 and other viruses. Here is a sample model pandemic flu policy for your business to incorporate now and in the future.

Service Corps of Retired Executives (SCORE)

SCORE has provided a comprehensive list for small businesses to prepare for worst-case scenarios. Who are your employees with critical skills who can’t be easily replaced on short notice? Can you train someone quickly, perhaps even outsource their work? Their site also talks about preparing for cross training employees, remote working, and preparing for supply chain issues.

Iowa State Bar Association (BAR)

The BAR has a range of information within the legal side of things, including an interesting article from the Harvard Business Review explaining your legal obligations as an employer during the Coronavirus outbreak.

Iowa Department of Public Health (IDPH)

The IDPH has a wide range of topics and resources available to the public. This includes things like webinars to prepare your Iowa business during this time, press releases from the governor’s office and other government agencies, info on the food industry and current business guidelines, social distancing, and more. 

Iowa Small Business Development Center (SBDC)

SBDC counselors are your first stop for navigating through the COVID-19 crisis. SBDC offers one-on-one counseling that can be done through zoom (skype or hangout) meetings or phone conference calls. They can help you through the loan application process or other business issues that this crisis is causing including distribution, sales, buying, marketing, HR Issues and more. Request Counseling.

Main Street America Resource Center

As COVID-19 begins to have an increasingly significant impact on communities across the country, Main Street America is compiling existing resources, opportunities, and community response examples to help Main Street districts during this crisis. View Resources.


Financial Assistance 

Iowa City Announces Grant Program for Small Businesses Affected by COVID-19

Iowa City is now accepting grant applications from small businesses in Iowa City impacted by COVID-19. Grants up to $15,000 (or up to $10,000 for businesses without employees) are available to qualifying small businesses to support ongoing operational needs.

Eligible businesses must meet federal requirements for retaining or hiring primarily low-moderate income employees or by qualifying as a microenterprise (a small business owned by a low-moderate income person with four or fewer employees).

To provide more details on the program and eligibility, a virtual information session will be held via Zoom at 2:00 pm Wednesday, December 16. City of Iowa City and ECICOG staff will be on hand to discuss program requirements, the application process, as well as answer questions.

Applications are due by 5:00 pm, Monday, January 4, 2021. Check out the Applicant Guide, Frequently Asked Questions, eligibility information, and the online application.

For questions about the program, please contact ECICOG Administrator Harrison Freund at 319-289-0075 or email

$100 Million for Iowa Agriculture

08/25/2020 - Gov. Kim Reynolds announced today that she has allocated approximately $100 million of federal CARES Act relief funds for a range of agricultural programs to offset the impact of COVID-19 on farmers, producers and agricultural industries. The allocations are as follows:

  • $60 million -- Iowa Livestock Producer Relief Fund -- Using the Iowa Economic Development Authority’s (IEDA) existing small business relief program infrastructure, this program will provide grants of up to $10,000 to eligible producers of pork, beef, chicken, turkeys, dairy, fish or sheep to serve as working capital to stabilize livestock producers. (Administered by IEDA)
  • $15.5 million -- State Biofuel Grant Program -- Biofuels producers were excluded from receiving aid under other parts of the CARES Act; this program will provide relief to those Iowa ethanol and biodiesel producers based on gallons produced. Grants will also be awarded through IEDA’s existing small business relief program and are capped at a maximum grant of $750,000 per producer. (Administered by IEDA)
  • $7 million -- Renewable Fuel Retail Recovery Program -- Announced previously, this funding supports a program that helps expand retail fueling infrastructure for higher blend renewable fuels, including E15 or higher & B11 or higher. (Administered by IDALS)
  • $6 million -- Iowa Beginning Farmer Debt Relief Fund-- COVID-19 has negatively and disproportionately impacted a large number of beginning farmers in Iowa, creating the potential for longer-term generational damage to Iowa agriculture. This program will provide eligible beginning farmers with a long-term debt service payment of up to $10,000, to be paid directly to their lender. (Administered by IEDA)
  • $2 million -- Meat Processing Development and Expansion Program -- Designed to aid small meat processors, this program is focused on expanding processing capacity across the state to meet protein demand. (Administered by IDALS)
  • $500,000 -- Farm Produce and Protein Program -- This innovative program is designed to help specialty ag producers in Iowa as well as the schools that purchase them. In addition to supporting local growers of fruits and vegetables to expand their capacity, it provides grants to schools that buy produce and other local crops and protein sources. (Administered by IDALS)
  • Up to $9 million -- Iowa Disposal Assistance Program -- The disruption to the meat supply chain due to COVID-19 forced producers to euthanize and dispose of livestock due to lack of market access. This program, announced initially in May, provided direct payments to producers to recoup those expenses. (Administered by IDALS)

Community Development Block Grant

As of June 25, 2020, ~$200k remains of the $2.4 Million originally available
Available for non-profits in all 99 counties and cities except: Council Bluffs, Sioux City, Ames, Des Moines, Waterloo, Cedar Rapids, Cedar Falls, Iowa City, Dubuque, Davenport and West Des Moines.  

Services provided for Community Development Block Grant:

  • Job training to expand the pool of health care workers
  • Provide additional testing, diagnosis or other services at a fixed or mobile location
  • Provide additional equipment, supplies and materials necessary to carry-out a public service
  • Create an expanded meal delivery service for quarantined individuals

Federal Cares Act:

SBA Economic Injury Disaster Loan

On June 15, SBA resumed accepting new Economic Injury Disaster Loan (EIDL) applications from all qualified small businesses, including agricultural businesses, and non-profit organizations. 

In response to the Coronavirus (COVID-19) pandemic, small businesses, including agricultural businesses, and non-profit organizations in all U.S. states, Washington D.C., and territories can apply for an Economic Injury Disaster Loan (EIDL). The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to COVID-19. EIDL proceeds can be used to cover a wide array of working capital and normal operating expenses, such as continuation to health care benefits, rent, utilities, and fixed debt payments. 

Federal Cares Act:

Paycheck Protection Program

Applications have expired. Loan forgiveness is still available, learn more. Check back for updates. 

The Paycheck Protection Program (PPP) ends on June 30th. Almost $130 billion in funding still remains. If you have not accessed the PPP funding and are still interested,  please contact a local lender NOW. It may take you a couple days to find a lender and they need to have time to process the application before submitting it to the SBA. You DO NOT want to wait until June 30th. Under new guidelines recently enacted by SBA and Treasury, borrowers now have 24 weeks to use PPP funds as opposed 8 weeks, and the amount that must be used for payroll in order to qualify the loan for forgiveness has been reduced from 75% to 60 %. For any funds not fully forgiven on loans made after June 5, 2020, borrowers now have a 5 year time-frame to pay off the PPP loan (1% interest rate) as opposed to the original two year time frame. If you have already applied through a lender and it has not been processed yet, follow up on it immediately to make sure they are still processing the application. Please do not wait until the last minute if you want to access this critical funding.

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program. The US Chamber has created a helpful guide and checklist with information on this program and others.

Descargue una presentación informativa de PPP en español.

The SBA is providing Paycheck Protection Program and related materials in 17 languages other than English to help small business owners recover due to the unprecedented economic disruption caused by the Coronavirus (COVID-19) outbreak. Additional information will be translated and posted periodically, and all documents are being provided for informational purposes only.

Federal Cares Act:

Debt Relief for Existing and New SBA Borrowers

As part of our coronavirus debt relief efforts, the SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020. This relief is not available for Paycheck Protection Program loans or Economic Injury Disaster loans. Borrowers do not need to apply for this assistance. It will be automatically provided as follows:

  • For loans not on deferment, SBA will begin making payments with the next payment due on the loan and will make six monthly payments.
  • For loans currently on deferment, SBA will begin making payments with the next payment due after the deferment period has ended, and will make six monthly payments.
  • For loans made after March 27, 2020 and fully disbursed prior to September 27, 2020, SBA will begin making payments with the first payment due on the loan and will make six monthly payments

Federal Cares Act:

SBA Express Bridge Loan

Allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 with less paperwork. Can be a term loan or be used to bridge the gap while applying for a direct SBA Economic Injury Disaster Loan (EIDL). Will be repaid in full or in part by proceeds from the EIDL loan. Business owners can find an Express Bridge Loan Lender via SBA’s Lender Match Tool or by connecting with your local SBA District Office.


Blogs, Articles & Webinars for Iowa Businesses During COVID-19

IASourceLink has collected multiple blogs, articles, webinars and support groups from across our network and beyond to share with our visitors. All dates/times for webinars and events are subject to change, so please make sure you are checking back for regular updates and new opportunities for you during this time. Starting your own business as a result of COVID-19? No problem! Our helpful guide walks you through the necessary steps to get started. 

Blogs & Articles


May 2020

  • The Three R's: Restaurants, Retail and Reopening - What to do and How to do it with Jessica Dunker, Director of Iowa Restaurant Association | Watch Now
  • Marketing & Merchandising - Reinvention when COVID Meets Main Street with Kim Bear - Executive Director, Cedar Falls Community Main Street & Jenny Bagenstos - Owner, Here's What's Poppin' - Cedar Falls & Waterloo | Watch Now
  • UNI Center for Business Growth and Innovation Presents: Creative Pivots for Restaurants During COVID-19 with Matt Lamos from East Bremer Diner | Watch Now

April 2020

  • UNI Center for Business Growth and Innovation Presents: Online Retail During COVID-19 with Katie Bjerke from Hatchlings & Hens | Watch Now
  • Center for Business Growth and Innovation Presents: It's Lonely at the Top; Networking with Peers During the Pandemic with Jack Hasken, President and CEO of Jackson Manufacturing and Lori Fey, CEO of Wady Industries | Watch Now
  • Center for Business Growth and Innovation Presents:  OSHA and COVID-19; Business Coronavirus Response Plan with Lisa Hingst, Accel Group | Watch Now
  • Center for Business Growth and Innovation: PPP Application Walkthrough with Amy Dutton, UNI SBDC Director | Watch Now
  • Center for Business Growth and Innovation Presents: Iowa COVID-19 Business Survey Results with Drew Conrad, UNI IDM and Christy Ryken, UNI SMS | Watch Now | Read Executive Summary
  • Center for Business Growth and Innovation Presents: CARES Act and You with Joe Kristan CPA from Eide Bailley | Watch Now
  • Center for Business Growth and Innovation Presents: Making Bankruptcy a Last Resort with Jeff Goetz from Bradshaw Law Firm | Watch Now
  • Center for Business Growth and Innovation Presents: Where's the Free Money At? with CBGI staff | Watch Now | Download Slides
  • Center for Business Growth and Innovation Presents: Navigating Families & Business in a time of Crisis! with Nathan Taylor, UNI Applied Human Sciences | Watch Now
  • Center for Business Growth and Innovation Presents: Taking Care of Yourself and Others During Times of Stress with Jake Schaeffer, LMHC, Cedar Valley Counseling Services | Watch Now
  • Center for Business Growth and Innovation Presents: How Fareway is Meeting Customer Demand and Focusing on Employee Safety with Fareway CEO, Reynolds Cramer | Watch Now
  • Center for Business Growth and Innovation Presents: Keeping in Touch with your Customers when they are all at Home with Zach Everman, Pixel Labs | Watch Now

March 2020

  • Center for Business Growth and Innovation Presents: The Grief Process at Work with Celina Peerman from The Peerman Group | Watch Now
  • Center for Business Growth and Innovation Presents: Distress Loans: Lessons from the 2008 floods with Scott Swenson from SBDC - Kirkwood College | Watch Now
  • Center for Business Growth and Innovation Presents: FFCRA - What is it and How does it apply to my business? With Brenda Lamarche from BRL HR Consulting | Watch Now
  • Iowa Workforce Development Presents: COVID-19 & Unemployment Benefits with Ryan West | Watch Now
  • Center for Business Growth and Innovation Presents: Planning During Disruption with Jordan Vernoy, CNP from See What I Mean | Watch Now
  • Center for Business Growth and Innovation Presents: Iowa Small Business Relief Programs with Amy Kuhlers from IEDA | Watch Now
  • Center for Business Growth and Innovation Presents: SBA Iowa Disaster Recovery Programs with Dave Lentell from SBA Iowa | Watch Now
  • Center for Business Growth and Innovation Presents: Cash Flow Management During Crisis with Steve Lindaman from Veridian Credit Union | Watch Now
  • Center for Business Growth and Innovation Presents: COVID-19 & Unemployment Law Changes with Danielle Smid from BrownWinick | Watch Now
  • Center for Business Growth and Innovation Presents: Flexibility & Productivity During COVID with Phil Jones from Rada | Watch Now
  • Iowa City Area Business Partnership Presents: SBA Disaster Assistance | Watch Now
  • Center for Business Growth and Innovation Presents: Managing a Virtual Workstaff with Josh McNary from McNary Marketing & Design LLC | Watch Now
  • Iowa Workforce Development Presents: Family First Response Act & Unemployment | Watch Now
  • Iowa Workforce Development Presents: Employer Webinar - Unemployment Insurance During COVID-19 | Watch Now

If you know of any additional resources that would be beneficial to our Iowa Business Community, please contact our team at

All information, when posted, is up-to-date and is subject to change. Please continue to check back regularly for updates.