Which Businesses Are Eligible?

The Hospitality Emergency Loan Program (HELP) to provide funds to some of the businesses and nonprofits in the state most significantly impacted by Coronavirus. It will make no-interest loans of up to $10,000 per business per month** available to eligible businesses in the hospitality industry. Find out if your business is eligible.

• Gather necessary documents - The list of documents you MUST include with your application is below
• Get the application - Click here to download the application for the Hospitality Emergency Loan Program
• Have app reviewed - Contact a Regional Business Manager to check your application before submitting
• Send in everything - Click here to submit your completed application and paperwork to DSB

 

Required Documents for H.E.L.P.

Your application will not be evaluated without the following:

• Billing statements or invoices for unavoidable expenses to support amount of funding request.
• Proof of payment over the past 12 months for expenses for which funding is requested (account statement or letter from the relevant vendor/creditor).
• Balance sheet and income/P&L statement for 2019 (2019 tax returns may be used as an alternative, must include accounting of assets and liabilities).
• Copy of Delaware business license.

As you work to shore up your small business amidst the impacts felt from efforts to protect the public from Coronavirus (COVID-19), you may be overwhelmed by the options and acronyms available to you for financial support. This chart is designed to help you compare the various programs open to Delaware businesses.