Small Business in the COVID-19 World

I’ve debated back and forth on what to put out regarding today’s climate, or wether to put anything out at all. I know that these are insanely crazy times for everyone, and specifically for those with a small business, and even more specifically, in the restaurant business. Benjie (my brother) and I own four of those very specifically targeted restaurants and to be quite honest, we are scared. The fear doesn’t come from the virus itself, but from the uncertainty that these times bring. We are clearly building the plane while we are flying it and doing the best that we can. Fortunately we are surrounded by the best network of friends, families, managers, employees, and people trying to help us solve this problem. Let em be clear, we couldn’t do this alone and I don’t know anyone else who can.

So, I am throwing this post out there to hopefully help any other small business owner who is trying to overcome the very same objectives we are facing. This is quite a fluid situation and the information seems to change daily, so I will continue to update this post. Most everything I have put below is coming straight from a good friend and former team member, Hunter Loggins and the NFIB. Please take a moment and VERY CAREFULLY read this information. As I get more information, I will continue to update it here.

Stay strong,


One thing to Note- MAKE SURE TO APPLY NOW AS THERE IS A FUNDING CAP. If you don’t submit your application in time, you will not receive the funds.

From the NFIB…

Today, April 3, 2020, small businesses and sole proprietorships can apply for the Paycheck Protection Program Loan, to view the application, click here. Starting April 10, 2020, independent contractors and self-employed individuals can apply. Businesses should consult their bank if it’s a SBA 7(a) lender to apply. Treasury is encouraging businesses to apply as quickly as they can because there is a funding cap, to view their statement, click here. SBA updated their website for lender information and guidance, click her

Today, on April 3 at 12pm ET, NFIB will host a webinar to discuss How to Apply for a Coronavirus Small Business Loan, register here.

Each day, updates are made to NFIB summaries of the CARES Act (legislation referred to as “COVID-III”) sections prepared by the NFIB Research Center and Federal Government Relations team:

  • Small Business Paycheck Protection Program Loan & EIDL Loan Side by Side Comparison
  • Paycheck Protection Program Forgivable Loans
  • Business and Individual Tax Provisions

These summaries may not be relied upon for tax and legal advice. We will continue to update them and other materials as more guidance is issued.

NEW email address for NFIB members who have questions,

NFIB Webinars are on, which includes:


Legal Center  

  • Information about Coronavirus Paid Sick Leave and Expanded Family Leave Law, click here to view. 
  • Employers must comply with the Families First Coronavirus Response Act (COVID-II signed into law March 18th) from April 1, 2020, until it expires on December 31, 2020.
  • Paid leave prior to April 1 will not count.
  • All businesses covered by the law (i.e., private sector employers with fewer than 500 employees) are required to post this notice, even if you are a small business owner.
  • FAQ section on

Please feel free to reach out to me if you have any questions.