We recognize the severe impact that the economic shutdown due to the COVID-19 pandemic has had on small and medium-sized businesses. The OTM team has assembled this list of resources to assist our clients and partners achieve a full recovery.

According to the U.S. Small Business Administration:

  • There are 30.7 million small businesses in the U.S. economy
  • Small businesses comprise 99.9% of all businesses in this country
  • There are 59.9 million small business employees
  • Small businesses employ 47.3% of the U.S. workforce

There can be no U.S. economic recovery without full participation from small businesses, and yet many of these smaller enterprises remain partially or fully closed, awaiting cues from state and local governments. 

Most states, including Florida, are in the process of phased reopenings, but many of the precautions being recommended or enforced by the government impede the productivity and profitability of many business models. 

Fortunately, we seem to be moving past the point where only “essential businesses” are allowed to remain open. That’s excellent news for many businesses that provide what were recently considered non-essential goods and services, including most retailers, restaurants, providers of personal services, marketing agencies, etc. 

On The Map is Here to Help You Get Your Business Back

As a business-to-business (B2B) service provider, it’s in our best interest to see as many businesses around the country resume full profitability. We list a number of invaluable resources that are available. If you’re in need of a cash infusion, there may be an easy term program for you. 

PPP – The Paycheck Protection Program

Paycheck Protection is an incredibly popular SBA program designed for businesses that have retained their employees and kept them on the payroll during the crisis. If you’ve retained all of your employees, you can apply for 100 percent loan forgiveness. If you were forced to layoff employees to remain viable, you can still apply for loan forgiveness, but not for the full amount. The amount you can receive is based upon the number of employees that you had to let go. 

PPP Details

  • The loan matures in two years and has a 1% interest rate.
  • Sole proprietors, independent contractors, and self-employed persons are eligible.
  • Most businesses with 500 or fewer employees qualify, but there are exceptions for businesses with over 500 employees.
  • Your loan will be forgiven if you keep all of your employees on the payroll for eight weeks and use the money for payroll, rent, mortgage interest, or utilities. 

You can find more details about the Paycheck Protection Program at the Small Business Administration site

SBA Express Loans

If you require a quick cash infusion of $350,000 or less, an SBA Express Loan may be what you’re in need of. This is a loan backed by the U.S. Small Business Administration that is managed by an SBA lender. Among the advantages of these loans are that you can negotiate the rate with the lender and there is a rapid turnaround time. 

Express Loan Details

  • Loan amounts are capped at $350,000
  • Interest rates are negotiable but can’t exceed the SBA maximum (Under $50,000, 6.5%+prime, Over $50,000, 4.5%+prime)
  • There are no listed provisions for debt forgiveness.

In order to apply for an express loan, you must find an SBA lending institution in your region.

Other Types of SBA 7(a) Loans

In addition to the previously mentioned programs, the SBA guarantees other loans available through lending institutions to qualifying businesses. You may be eligible for one or more of these:


  • Maximum loan amount of $5 million
  • Interest rates are negotiable but can’t exceed the SBA maximum (Under $50,000, 6.5%+prime, Over $50,000, 4.5%+prime)
  • Turnaround time is 5-10 business days

Small Loan

  • Maximum loan amount of $350k
  • Interest rates are negotiable but can’t exceed the SBA maximum (Under $50,000, 6.5%+prime, Over $50,000, 4.5%+prime)
  • Turnaround time is 5-10 business days

Export Express

  • Maximum loan amount of $500k
  • Interest rates are negotiable but can’t exceed the SBA maximum (Under $50,000, 6.5%+prime, Over $50,000, 4.5%+prime)
  • Response time is 24 hours

For all 7(a) loans, approval is decided by the lender. 

SBA Debt Relief

If you own a business and you find that you aren’t able to meet all of your SBA financial obligations due to a slowdown or stoppage in revenue, the SBA has debt relief programs that your company may qualify for. If you have a 7(a), 504, or Microloan backed by the SBA, it will pay six months of principal, interest, and fees. This applies to existing loans and new loans disbursed prior to September 27 of this year.

On The Map Marketing and the Pandemic

On The Map, Marketing remains committed to assisting existing and new clients weather this storm. We have a wide array of monthly programs that do not require large cash commitments. We recognize that not all companies can maintain a marketing budget during tough economic times, but we encourage businesses who are seeking a marketing edge to explore our high-value, cost-effective internet marketing products and services. Call us today if we can help in any way. 

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