Alexandria Business To Benefit From CARES Paycheck Protection Program

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April 8, 2020April 8, 2020Jodi Ann

The COVID-19 pandemic has businesses in Alexandria scrambling financially and as such these businesses are urged to apply for the Coronavirus Aid, Relief and Economic Security (CARES) Act's 100% forgivable Paycheck Protection Program (PPP) loan. The CARES Act program was implemented by the Alexandria Development Partnership and it offers small businesses with financial assistance during this pandemic. The financial options available under the CARES Act program include:

The Economic Injury Disaster Loans (EIDL) Program - this small business Administration program provides an emergency $10,000 grant or small businesses within three days of applying for a disaster loan. Businesses will not be required to repay the $10,000 grant.
New Paycheck Protection Program (PPP) - this loan is 100% guaranteed by the Federal government and it will assist small businesses to meet their operating needs including payroll for 8 weeks.
Small Business Debt Relief Program - this loan will provide relief to small businesses as they may be unable to repay their non disaster SBA loan and microloans.
Employee Retention Payroll Tax Credit - this will provide a fully refundable 50% credit on the employer's share of payroll taxes on wages of up to $10,000 per employee.
Delayed Payment of Employer Tax Credit - this will defer payment of employer payroll taxes through the end of the year.

Local businesses can apply for these grants by filling out the application provided by the Small Business Administration and submit the application to their bank. This pandemic affects everyone alike and the Small Business Administration in Alexandria is urging all local businesses to apply for the program and get the financial relief they need.

Properties in Alexandria

Home size: 756 sq.ft.

Subdiv: Bolling Brook

Type: Condo for Sale

4520 King St #807

4520 King St #807

4520 King St #807

4520 King St #807

4520 King St #807

[$264,900 - 4520 King St #807, Alexandria, VA 22302]

Added: 04/05/24

Updated: 04/26/2024

Home size: 816 sq.ft.

Subdiv: Mount Vernon

Type: Detached Home for Sale

8100 Kidd St

8100 Kidd St

8100 Kidd St

8100 Kidd St

8100 Kidd St

[$585,000 - 8100 Kidd St, Alexandria, VA 22309]

Added: 04/24/24

Updated: 04/26/2024

Home size: 1,636 sq.ft.

Subdiv: Townes At Cameron Parke

Type: Interior Unit Townhouse for Sale

105 Meadows Ln

105 Meadows Ln

105 Meadows Ln

105 Meadows Ln

105 Meadows Ln

[$674,999 - 105 Meadows Ln, Alexandria, VA 22304]

Added: 04/26/24

Updated: 04/26/2024

Home size: 753 sq.ft.

Subdiv: Edsall Bluff

Type: Condo for Sale

6137 Edsall Rd #C

6137 Edsall Rd #C

6137 Edsall Rd #C

6137 Edsall Rd #C

6137 Edsall Rd #C

[$234,900 - 6137 Edsall Rd #C, Alexandria, VA 22304]

Added: 04/26/24

Updated: 04/26/2024

Home size: 3,672 sq.ft.

Subdiv: Braddock Heights

Type: Detached Home for Sale

207 W Glendale Ave

207 W Glendale Ave

207 W Glendale Ave

207 W Glendale Ave

207 W Glendale Ave

[$1,649,900 - 207 W Glendale Ave, Alexandria, VA 22301]

Added: 02/22/24

Updated: 04/26/2024

Home size: 1,404 sq.ft.

Subdiv: Fair Haven

Type: Detached Home for Sale

2502 Jamaica Dr

2502 Jamaica Dr

2502 Jamaica Dr

2502 Jamaica Dr

2502 Jamaica Dr

[$649,900 - 2502 Jamaica Dr, Alexandria, VA 22303]

Added: 08/15/23

Updated: 04/26/2024

Home size: 2,007 sq.ft.

Subdiv:

Type: Interior Unit Townhouse for Sale

1357 Powhatan St

1357 Powhatan St

1357 Powhatan St

1357 Powhatan St

1357 Powhatan St

[$1,180,000 - 1357 Powhatan St, Alexandria, VA 22314]

Added: 04/26/24

Updated: 04/26/2024

Home size: 1,664 sq.ft.

Subdiv: New Alexandria

Type: Detached Home for Sale

6409 Potomac Ave

6409 Potomac Ave

6409 Potomac Ave

6409 Potomac Ave

6409 Potomac Ave

[$849,900 - 6409 Potomac Ave, Alexandria, VA 22307]

Added: 04/25/24

Updated: 04/26/2024

Home size: 1,153 sq.ft.

Subdiv: 900 North Washington Street Condominiums

Type: Condo for Sale

910 Powhatan St #303n

910 Powhatan St #303n

910 Powhatan St #303n

910 Powhatan St #303n

910 Powhatan St #303n

[$799,000 - 910 Powhatan St #303n, Alexandria, VA 22314]

Added: 04/26/24

Updated: 04/26/2024

Home size: 1,170 sq.ft.

Subdiv: Parkfairfax

Type: Interior Unit Townhouse for Sale

3707 Gunston Rd

3707 Gunston Rd

3707 Gunston Rd

3707 Gunston Rd

3707 Gunston Rd

[$479,900 - 3707 Gunston Rd, Alexandria, VA 22302]

Added: 04/26/24

Updated: 04/26/2024

Home size: 1,917 sq.ft.

Subdiv: Powhatan At Potomac Yard

Type: Interior Unit Townhouse for Sale

1025 Bernard St

1025 Bernard St

1025 Bernard St

1025 Bernard St

1025 Bernard St

[$1,050,000 - 1025 Bernard St, Alexandria, VA 22314]

Added: 04/25/24

Updated: 04/26/2024

Home size: 1,290 sq.ft.

Subdiv: Brookville

Type: Detached Home for Sale

5347 Holmes Run Pkwy

5347 Holmes Run Pkwy

5347 Holmes Run Pkwy

5347 Holmes Run Pkwy

5347 Holmes Run Pkwy

[$799,000 - 5347 Holmes Run Pkwy, Alexandria, VA 22304]

Added: 04/10/24

Updated: 04/26/2024

Home size: 1,301 sq.ft.

Subdiv: Mount Zephyr

Type: Detached Home for Sale

4305 Agnew Ave

4305 Agnew Ave

4305 Agnew Ave

4305 Agnew Ave

4305 Agnew Ave

[$799,000 - 4305 Agnew Ave, Alexandria, VA 22309]

Added: 04/25/24

Updated: 04/26/2024

Home size: 2,662 sq.ft.

Subdiv: Cambria Square

Type: Interior Unit Townhouse for Sale

5127 Cambria Way #102

5127 Cambria Way #102

5127 Cambria Way #102

5127 Cambria Way #102

5127 Cambria Way #102

[$790,000 - 5127 Cambria Way #102, Alexandria, VA 22304]

Added: 04/05/24

Updated: 04/26/2024

Home size: 4,488 sq.ft.

Subdiv: Moore Hill Estates

Type: Detached Home for Sale

1465 N Pegram St

1465 N Pegram St

1465 N Pegram St

1465 N Pegram St

1465 N Pegram St

[$2,500,000 - 1465 N Pegram St, Alexandria, VA 22304]

Added: 04/26/24

Updated: 04/26/2024

Home size: 680 sq.ft.

Subdiv: Place One

Type: Condo for Sale

5500 Holmes Run Pkwy #1118

5500 Holmes Run Pkwy #1118

5500 Holmes Run Pkwy #1118

5500 Holmes Run Pkwy #1118

5500 Holmes Run Pkwy #1118

[$225,000 - 5500 Holmes Run Pkwy #1118, Alexandria, VA 22304]

Added: 04/26/24

Updated: 04/26/2024

Home size: 742 sq.ft.

Subdiv: Eton Square

Type: Condo for Sale

6868 Brindle Heath Way #210

6868 Brindle Heath Way #210

6868 Brindle Heath Way #210

6868 Brindle Heath Way #210

6868 Brindle Heath Way #210

[$295,000 - 6868 Brindle Heath Way #210, Alexandria, VA 22315]

Added: 04/22/24

Updated: 04/26/2024

Home size: 2,221 sq.ft.

Subdiv: Waynewood

Type: Detached Home for Sale

1107 Croton Dr

1107 Croton Dr

1107 Croton Dr

1107 Croton Dr

1107 Croton Dr

[$825,000 - 1107 Croton Dr, Alexandria, VA 22308]

Added: 04/26/24

Updated: 04/26/2024

Home size: 1,654 sq.ft.

Subdiv: Riverside Estates

Type: Detached Home for Sale

8434 Cherry Valley Ln

8434 Cherry Valley Ln

8434 Cherry Valley Ln

8434 Cherry Valley Ln

8434 Cherry Valley Ln

[$849,000 - 8434 Cherry Valley Ln, Alexandria, VA 22309]

Added: 04/24/24

Updated: 04/26/2024

Home size: 1,460 sq.ft.

Subdiv: Place One

Type: Condo for Sale

5500 Holmes Run Pkwy #206

5500 Holmes Run Pkwy #206

5500 Holmes Run Pkwy #206

5500 Holmes Run Pkwy #206

5500 Holmes Run Pkwy #206

[$375,000 - 5500 Holmes Run Pkwy #206, Alexandria, VA 22304]

Added: 04/24/24

Updated: 04/26/2024

Home size: 1,560 sq.ft.

Subdiv: Skyview Park

Type: Interior Unit Townhouse for Sale

4602 Odessa

4602 Odessa

4602 Odessa

4602 Odessa

4602 Odessa

[$629,900 - 4602 Odessa, Alexandria, VA 22309]

Added: 04/18/24

Updated: 04/26/2024

Home size: 647 sq.ft.

Subdiv: Pointe At Park Center

Type: Condo for Sale

3307 Wyndham Cir #2166

3307 Wyndham Cir #2166

3307 Wyndham Cir #2166

3307 Wyndham Cir #2166

3307 Wyndham Cir #2166

[$299,900 - 3307 Wyndham Cir #2166, Alexandria, VA 22302]

Added: 04/04/24

Updated: 04/26/2024

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Jodi Ann

View posts by Jodi Ann

Jodi has been trained in Data Entry, Operations Management and Administrative tasks. She also holds a Bachelors Degree in Banking and Finance with a hope of pursuing a Masters in Banking and Finance. She is a senior writer for Nesbitt Realty and an expert on Alexandria Virginia. Outside of work, Jodi enjoys spending time with her son and her family.