Coloradans are experiencing increased impacts on their lives and organizations are feeling the strain from COVID-19 coronavirus. Delta Dental of Colorado Foundation is committed to addressing the growing needs of our community and providing timely resources to address the changing dynamics throughout our state. This page lists external resources focused on COVID-19.
Vaccine Equity Fund
Delta Dental of Colorado Foundation donated $50,000 to Together We Protect – Colorado’s COVID-19 Vaccine Equity Fund. This funding supports Colorado community-based organizations, working in partnership with state-contracted vaccine providers, to provide culturally relevant outreach, education, and support to ensure communities who face systemic barriers have access to the COVID-19 vaccine. Grants ranging from $10,000 to $100,000 will be awarded to applicants from across Colorado. Learn more.
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) contains $376 billion in relief for American workers and small businesses, including nonprofits. To be eligible, organizations must have 500 or fewer employees and be in existence on March 1, 2020 or earlier.
In addition to traditional SBA funding programs, the CARES Act established several new temporary programs to address the COVID-19 outbreak:
- SBA Bridge Express Loans: Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.
- SBA Debt Relief: Provides a financial reprieve to small businesses during the COVID-19 pandemic.
- Paycheck Protection Program (PPP): The Small Business Administration resumed accepting nonprofit PPP loan applications on January 11, 2021. When the PPP loan portal system opens, it will initially accept First Draw PPP loan applications from participating CFIs, which include Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified Development Companies (CDCs), and Microloan Intermediaries. The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
- PPP loan forgiveness application: The application requires that charities submit the forgiveness calculation form and an additional schedule. The process can be completed electronically. Charities will be able to count any payroll and eligible non-payroll expenses incurred — but not paid — during the covered period, as long as they are paid by the next regular payroll or billing date.
- SBA is no longer taking Economic Injury Disaster Loan (EIDL) applications as the funding has hit its cap. To learn about alternative funding sources, see a list from the Colorado Office of Economic Development & International Trade.
Applicants are encouraged to apply online. If you do not have access to a computer or smartphone, call 1‐800‐659‐2955 for assistance.