COVID-19 has devastated many small businesses. And while there’s federal, state, and private assistance available, understanding the various funding options can be confusing.

Which disaster recovery loans are best for each business? What terms and rates are fair? How can you apply for other COVID-19 grants and help?

We recently spoke with “Tee” Rowe, Chief Executive Officer of America’s Small Business Development Center (SBDC). The SBDC works with the Small Business Administration (SBA) to help entrepreneurs with business planning, management, and financing techniques. During the pandemic, they’re helping business owners understand which financial relief strategies are smartest.

Joining Tee was Matthew Gourgeot, Director of the Thryv Small Business Foundation, a 501(c)(3) nonprofit that empowers, develops, and invests in small businesses. The Thryv Foundation recently delivered the first round of relief grants in response to the COVID-19 crisis.