The arts have been hit hard by the coronavirus pandemic. Cancelled events, closed doors, and postponed programs mean lost revenue for so many of MAC’s constituents. As the situation unfolds, we will share opportunities for potential sources of funding with the field as these sources are announced and made available.
Last Friday, Governor Tate Reeves’s request for an Economic Disaster Declaration by the U.S. Small Business Administration (SBA) was approved, which now opens up disaster loan assistance for small businesses and eligible non-profits for economic injury relief.
This declaration means that eligible non-profit arts organizations severely impacted by the Coronavirus (COVID-19) pandemic can now apply for low-interest federal disaster loans.
These loans can provide economic support to help overcome the temporary loss of revenue as a result of the COVID-19 pandemic.
As we know more, we’ll share more. In the meantime, we are greatly encouraged and uplifted by your creative response to this crisis. Stay positive and artful, everyone!