The Small Business Administration is offering several different types of loans for companies affected by the coronavirus. You can apply for a loan through the Paycheck Protection Program (PPP) and borrow up to 250% of average monthly payroll costs up to $10 million. You can also apply for an economic injury disaster loan and borrow up to $2 million. Up to a $10,000 advance on an Economic Injury Disaster Loan (EIDL) is available to eligible businesses. This does not have to be paid back if the funds are used for qualifying purposes such as material costs, rent, and payroll expenses. And if you retain employees for eight weeks and do not reduce payroll, your PPP loan can also be fully forgiven as long as 75% or more of the money was used to pay your employees.