COVID-19 Information for Central Virginia
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The Central Virginia SBDC will strive to provide the most current and helpful information for small businesses to help you make decisions during the Coronavirus outbreak. If you need additional information or have questions please feel free to contact us at sbdc@cvsbdc or (434) 295-8198


How Do I Apply for a Federal Disaster Loan?

Small businesses in Loudoun County are now eligible to apply for Federal Disaster Loans for economic damage. To begin the application process please use the link below:

A few things to keep in mind about these emergency loans:

  • This is a business loan, not a grant, for businesses that are directly impacted by COVID-19.
  • The loan is from the SBA directly, it does not need to go through a bank.
  • You do NOT need to be rejected by a commercial bank before applying for an SBA EID Loan.
  • Please be patient as the SBA will be fielding many calls.
  • Review the entire application before submitting to make sure you’re not missing any information that might slow down the approval process.
  • If you are not able to process a loan online for some reason there is an option to file a paper application. Contact the Loudoun SBDC at mec20175@mec or (703) 466-0466 if that is your situation for assistance.

In order to be prepared for the application process you will want to gather documentation in advance. You will also need to have access to a scanner so you can download, sign and upload documents needed for the application.

The following is a list of some important documents you will need to have access to for the application process:

  • Contact information and social security numbers for all applicants.
  • Employer Identification Number (EIN) for business applicants.
  • Financial information (e.g. income, account balances and monthly expenses for the business).
  • Owner financial information (personal financial statements for owners of 20% or more).
  • Past 3 years of Federal Business Tax Returns (1 year minimum for newer businesses).
  • Past 3 years of Federal Personal Tax Returns for owners of 20% or more (1 year minimum).
  • Deed or lease information for any property (business and personal).
  • Business Insurance information.
  • Articles of Incorporation, Certificate of Good Standing, etc.

The following list of Federal forms will be required to apply:

  • Loan application (SBA Form 5), completed and signed (this is electronic/online in the portal). To see what the form looks like, an example can be found here.
  • Tax Information Authorization (IRS Form 4506-T), completed and signed by each applicant, each principal owning 20 percent or more of the applicant business, each general partner or managing member; and, for any owner who has more than 50 percent ownership in an affiliate business. Affiliates include, but are not limited to, business parents, subsidiaries, and/or other businesses with common ownership or management.
  • Complete copies, including all schedules, of the most recently filed Federal income tax returns for the applicant business; an explanation if not available
  • Personal Financial Statement (SBA Form 413) completed, signed, and dated by the applicant, each principal owning 20 percent or more of the applicant business, and each general partner or managing member
  • Schedule of Liabilities listing all fixed debts (SBA Form 2202may be used)

Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email for more information on SBA disaster assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339.

If you have questions or need help preparing your application contact the Loudoun SBDC for assistance.


Can I Get Help with the Loan Preparation Process?


How Do Non-Native English Speakers Get Assistance with Loans?


Is There Assistance for the Deaf or Hard of Hearing in Applying for Loans?

What Should I Be Communicating During the Crisis?


How Do We Communicate with Customers, Employees and Partners?

Is There Other Information I Should Know?


How Do My Employees File for Unemployment if They are Let Go?


Where Can I Find Out About Other Resources for My Business?

Where Do I Get Information on COVID-19?


Where Can I Get Information About the Coronavirus?

If you are not already an SBDC client please use the button below to get set up in our system. NOTE: All coaching through the SBDC Loudoun is free of charge.

Once you’re set up we will be in touch about scheduling an appointment with an advisor or other appropriate services. If you have visited the SBDC in the past and are unsure of your client status please contact us and we will assist you.

By email: or by phone: (703)466-0466


A special FAQ pertaining to the COVID-19 impact on Virginia small businesses is currently under construction.  It will be added to this page as soon as possible.  Mar 20, 2020

How can the SBDC help me?

The Small Business Development Center program provides no-cost business consulting and guidance as well as low-cost training in proven management fundamentals. This helps small business owners and potential owners make sound decisions for the successful operation of their business. The SBDC is part of a statewide network supported by the Small Business Administration and serves businesses in a five county area through individual, one-on-one, confidential counseling and group training. The Central Virginia SBDC sponsors numerous workshops and courses each year at various locations. Programs are nominally priced to serve the small-business community.

Do I have to be in business to use the services of the SBDC?

No. You only have to be considering the idea of opening a business or researching the feasibility of a proposed profit making venture.

What area does the Central Virginia SBDC serve?

The Central Virginia Small Business Development Center serves the City of Charlottesville and the counties of: Albemarle, Fluvanna, Greene, Louisa, Orange and Nelson.

Where are you located?

The Central Virginia Small Business Development Center is located at the UVA Research Park, 1001 Research Park Blvd., Suite # 301, Charlottesville, VA 22911.   Phone (434) 295-8198 to make an appointment.

Is the SBDC connected to SCORE (Service Corps of Retired Executives)?

SCORE is a volunteer organization; Small Business Development Centers have paid staff to meet the needs of aspiring and existing entrepreneurs. Both organizations provide no-fee consultations and both are supported by the Small Business Administration.

What are your hours of operation?

The Central Virginia Small Business Development Center’s normal hours of operation are from 9:00 a.m. to 5:00 p.m., Monday-Friday. Of course, you’re able to access our homepage and its resource applications 24 hours a day, seven days a week. Consulting sessions are primarily conducted on Tuesdays, Wednesdays, and Thursdays. Appointments may be made for other days of the week by special arrangement. To make an appointment, phone 434-295-8198 or e-mail

What are the basic skills you need to run a business?

The basic survival skills include a working knowledge of record-keeping; financial management; personnel management; market analysis; break-even analysis; product or service knowledge; federal, state and local tax knowledge; legal structures; and communication skills.

How do I get a business loan?

The kind of financing most entrepreneurs seek through commercial lenders is debt financing. Most banks provide debt financing for existing and start-up businesses. Banks vary substantially in their lending practices. While one bank may decline your loan application, another may be willing to take a higher risk or be interested in lending to small businesses. It is advisable to understand a bank’s lending guidelines before applying for a loan. The general guidelines that would enable a lending officer to at least make an informed decision regarding your loan proposal are as follows:

  1. Consideration of the business idea, usually explained in a business plan
  2. Collateral
  3. Down Payment (or equity in an ongoing business)
  4. Credit history and personal financial net worth
  5. Management ability
  6. Ability to repay the debt
  7. Conditions of the economy and/or market area

We recommend that you come see us to ensure that your loan proposal is complete. We can help you to put your best foot forward when meeting with your proposed lender for the first time.

Why do I need a business plan?

The reasons for writing a business plan are essentially for the benefits you receive in planning your business and later monitoring your progress and also for the benefit of banks and potential investors in your business. Preparing a Business Plan:

  • Prompts you to take an objective, critical and unemotional look at your business project and helps to determine how workable and desirable your venture is.
  • Helps you create a clear vision of your goals and objectives.
  • Provides insight into your ability to define and develop strategies for critical areas of the business such as marketing and financial planning that are imperative to your success.
  • You can use the business plan to troubleshoot and avoid costly mistakes.
  • It can provide you with a pathway to profit.
  • It is required if you are planning on applying for a bank loan (particularly as a start-up).
  • It is an important sales tool for raising capital from outside investors.
  • It’s an important management tool for monitoring the growth of your business and developing managerial skills.
  • It serves as a tool for critiquing the success of your business and making any necessary changes during critical stages of your business.
  • Planning is the most important step in starting your business. If you don’t plan for the success of your business, you will fail. It’s that simple.

How long will it take to write a business plan?

A well thought-out business plan generally takes anywhere from a few weeks to a year to complete, but it can be less depending on how committed you are to the business, and how much time you are willing to spend on writing your plan. The SBDC consultant will not write a business plan for you, but will review your plan as it progresses. The writing of the plan is an educational process in which you learn about your business and how you expect it to operate. It should reflect your goals, objectives, priorities and management style.

Are there any “grants” available for my start-up business?

Generally speaking, grants given to for-profit business start-ups are very, very rare.

Does the SBDC provide financing?

The Central Virginia SBDC does not provide financing. We help you to develop a winning loan or investment proposal to take to a lender/investor. We can also assist you in choosing the best financing alternatives for your business needs. We have helped our clients gain access to millions of dollars of capital over the years. Perhaps we can help you too.

What kind of registration and licenses are generally required to start my business?

Obviously, there are specific requirements in each state, county and locality, but it is possible to list the kinds of basic licenses and registrations a new business will need:

  • Local: A business license from city, town or county, depending on your location, will usually be necessary. In addition, you’ll have to meet zoning laws (especially if home-based), building codes, and similar regulations.
  • State: In most states, if your business isn’t a corporation and your full name isn’t in the name of the business, you’ll have to register under what’s called a Fictitious Name Registration. You should also file for a Sales and Use tax number if in retail. In some lines of business (like liquor stores, barber shops, real estate offices) specific licenses are needed.
  • Federal: You may need an Employer’s Identification Number (EIN). Even if you do not have employees, it may be beneficial to have a tax ID number for your business so you won’t have to use your social security number to transact business. It’s also a good idea to request the “Going Into Business Tax Kit, from the IRS.”

Contact Information

300 Preston Avenue, #206, Charlottesville, VA 22902
Phone: 434-295-8198 |         | Email:
Business Hours: Monday-Friday 9:00am-5:00pm


Call (434) 295-8198