Creating opportunities for people to live, work, & thrive on the Lower Cape
Tools to Help Small Business

Help the CDP plan programs for Lower and Outer Cape Small businesses.
Take the survey now.
We are developing programs now, and want to include your feedback.


Do you need a printer? We have a business who has donated an HP Printer with ink to a local business in need. If you would like this printer for your business, please contact Pam.


I received my PPP loan, now what? Develop a record keeping process to identify what expenses the funds were used to cover. The loan is intended to pay for payroll, rent, mortgage interest and utilities. How are you tracking these expenses? This Article from AIM HR has a nice Q&A section. Email Pam, if you need help setting up a process.


EIDL Re-opening for Agribusiness
Starting at noon on Tuesday May 5th, the SBA began accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis only, in order to provide unprecedented relief to U.S. agricultural businesses . The application is available at: www.SBA.gov/Disaster .

At this time, only agricultural business applications will be accepted. For agricultural businesses that submitted an EIDL application through the streamlined application portal prior to the legislative change, SBA will process these applications without the need for re-applying.


Training and Workshop Opportunities:

Reopening Resources

With the stay at home advisory extended two more weeks, now is the time to start planning the seasonal opening or re-opening of your business. Here are some national associations that are offering checklists and guidance to help. If you know of an industry specific association providing reopening resources that is not listed here let us know and we will add it to the list. The state of Massachusetts has a task force working on guidelines. We will share as soon as they are available.

Most of the association guidance include policies and procedures for that industry. Your business is more than just those processes, it is people (employees and customers) and cash flow. SCORE's Reopening Tool Kit covers: cash flow, marketing and communication.


If you need help with putting together a re-opening plan for your individual business the following organizations can help you work through that process:


Massachusetts will have the benefit of learning from others successes and mistakes. Check back with these resources as things change.
Small Business Administration's
Loan Resources

The SBA has updated their website with programs for small business. You can visit the SBA Coronavirus Relief website for details about all the programs. The SBA suggests you investigate these options for your business.

The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. This loan is through a local bank or SBA lender. Start with the bank that you currently do business with. SBA Lenders. This program has new funding available. Half of the funding was depleted in one week. Don't wait, Apply Now through your bank.
If you need help finding a bank to take your application or need help with your application, contact Pam

SBA Debt Relief provides a mechanism for the SBA to pay the principal, interest, and fees on certain existing SBA loans.

U.S. Small Business Administration, SCORE, Women Business Centers, SBDC and Coastal Community Capital are available to help small businesses with the loan application process.

Community Development Partnership | www.capecdp.org | Eastham, MA 02642
This institution is an equal opportunity provider and employer.