Employee, Musician and Arts Nonprofit Resources
When it comes to latest Alameda County Health that is public Order authorized open and shut companies, please go to the preparing Resources for Business Re-Opening web site
For updates through the State of California, please check out
Request one-on-one Company Assistance
Companies, nonprofits and sole proprietors are expected to simply take the City’s Company Impact information Survey, to get private help.
Assist us develop an comprehensive data data recovery plan if you take a brief study.
Small enterprises, nonprofits, single proprietors and separate contractors may feel overrun by the numerous help options available. Please contemplate:
SBA’s Paycheck Protection System
SBA is accepting Paycheck Protection Program (PPP) loan requests through might 31, 2021. While the majority of the funds are exhausted, the SBA will likely to be accepting applications that are new Community finance institutions (CFI). Find a participating CFI simply by using SBA’s Lender Match device or this roster of participating regional loan providers.
President Biden additionally announced program that is additional to produce usage of PPP loans more equitable. SBA will:
The Paycheck Protection Program is that loan made to supply an incentive that is direct small enterprises to help keep their employees from the payroll. The maximum loan amount is 2.5 times their average monthly 2019 or 2020 payroll costs up to $2 million for most borrowers. For borrowers within the Accommodation and Food Services sector the maximum loan quantity is 3.5 times their typical monthly 2019 or 2020 payroll expenses as much as $2 million.
SBA will forgive loans if all worker retention requirements are met, in addition to funds can be used for qualified costs.
The U.S. irs allows companies that got their Paycheck Protection Program loans forgiven to publish off costs covered with that money, aligning their policy with legislation passed by Congress in December 2020.
A recently passed away State legislation allows Ca companies to prevent state that is paying on forgiven loans through the federal Paycheck Protection Program and also to subtract the expenses of costs that people loans taken care of.
Require Assistance navigating an SBA loan system?
SBA’s Economic Injury Disaster Loan
March 26, 2021 improvement: beginning the week of April 6, the SBA is enhancing the maximum amount smaller businesses and non-profit companies can borrow up to 24-months of financial damage having an amount that is maximum of500,000.
June 15, 2020 improve: The SBA has reopened the Economic Injury catastrophe Loan (EIDL) system portal to any or all applicants that are eligible financial effects because of . Given that the EIDL application portal is accepting applications that are new additional small enterprises and non-profits should be able to get long-lasting, low-interest loans – decreasing the financial effects of on the organizations, workers while the communities they help.
The SBA has encouraged the town that companies whom sent applications for A financial damage tragedy Loan (EIDL) just before March 30, 2020, should re-apply now utilizing the online portal.
Prepping to try to get crisis SBA Economic Injury Loans – Source: Northern California small company developing Centers
Who’s generally speaking qualified: