Mississippi-Alabama Sea Grant Legal Program

State Resources for COVID-19 Economic Help

Mississippi
Mississippi Small Business Development Center

Back to Business Mississippi Grant Program
For-profit corporations that suffered an interruption of business and have fewer then 50 full-time equivalent employees may apply. The maximum grant amount is $25,000, and the program will end on November 1, 2020 or when funds are exhausted. To apply, applicants must create an account and fill out the application on https://backtobusiness.mississippi.org.

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Alabama
Alabama Small Business Development Center

Revive Alabama Small Business Grant Program
Businesses based in Alabama with no more than 19 full-time equivalent employees are eligible to apply for cash grants of up to $15,000. The application will open at noon on July 16 and close at midnight on July 25, 2020. To apply, applicants should log into their My Alabama Taxes account and click the ‘Apply for a Revive Alabama Small Business Grant’ link. To create a My Alabama Taxes account visit https://myalabamataxes.alabama.gov.

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Unemployment

Mississippi
Mississippi Department of Employment Security

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Alabama
Alabama Department of Labor

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Emergency Income Development Loan

Application Forms

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Paycheck Protection Program Loan

Application Form
(Revised June 24)

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Fishery Participants Program

(Program is still in development)

Gulf States Marine Fisheries Commission will allocate the money based on a state’s “spend plan.”

- A “spend plan” is how each state decides to allocate payments to their eligible participants
- For what a spend plan can include, see Gulf States Marine Fisheries Commission

$300 Million to NOAA, divided among Fishery Participants nationwide

• $3,299,234 to Alabama Fishery Participants
• $1,534,388 to Mississippi Fishery Participants

Eligible Fishery Participants:

• commercial fishermen
• charter businesses
• marine aquaculture operations
• subsistence/cultural/ceremonial users
• seafood processors, and
• other fishery-related businesses

Ineligible:

• Vessel repair
• Restaurants
• Seafood retailers

Section 12005 of the CARES Act

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Other Resources

Mississippi
Mississippi Homesaver Program
(Provides up to six months in help with mortgage payments)

Mississippi Childcare Crisis: Assistance in Isolation Plan

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Alabama
General Assistance for Alabama Residents and Businesses

Alabama Local COVID-19 Resources
(This page lists local funds and resources that support small businesses in Alabama)

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CARES Act Business Loans, Compared