Resources for Small Businesses

The Small Business Administration

The SBA is open for business and has the ability to quickly process low-interest loans for small businesses that may need a short-term bridge. Click here to learn more from the SBA directly. Click here for a summary of SBA activities most relevant to short line railroads, produced by our friends at CC&H and the Seneca Group. 

As small businesses, short line railroads may be able to take advantage of several programs including the Paycheck Protection Program, and the Economic Injury Disaster Loan Program, both administered by the Small Business Administration. In addition, the SBA has provided an Express Bridge Loan Program of up to $25,000.

The Treasury Department has released information on how small businesses can apply for loan forgiveness under the Paycheck Protection Program. The Loan Forgiveness Application explains how to calculate your forgiveness amount, determine your eligible payroll and nonpayroll costs, document eligibility for loan forgiveness and apply the CARES Act’s safe harbor for remedying payroll or headcount reductions. You can access the application form and instructions here, and the Treasury Department’s announcement on the forgiveness procedures is available here.

We encourage ASLRRA members to take advantage of the On-Demand Webinars on these topics, which provide helpful overviews and Q & A Sessions with industry experts. 


Outlining the Impact of COVID-19 Legislation on Small Businesses & Railroads

Learn how the Families First Coronavirus Response Act (FFCRA) and Coronavirus Aid, Relief, and Economic Security Act (CARES) legislation impacts small railroads and industry suppliers. Recorded webinars are available in ASLRRA’s On-Demand Webinars Library.

Learn More