Employee, Musician and Arts Nonprofit Resources
When it comes to latest Alameda County Health that is public Order authorized available and shut organizations, please look at the preparing Resources for Business Re-Opening website
For updates through the continuing State of California, please go to
Request one-on-one Company Assistance
Companies, nonprofits and single proprietors are expected to make the City's Company Impact Data Survey, to receive assistance that is one-on-one.
Assist us develop a comprehensive data data recovery plan by firmly taking a survey that is brief.
Smaller businesses, nonprofits, single proprietors and separate contractors may feel overwhelmed by the numerous help choices available. Please contemplate:
SBA Loans
SBA's Paycheck Protection System
SBA is accepting Paycheck Protection Program (PPP) loan requests through might 31, 2021. While all of the funds are exhausted, the SBA will soon be accepting applications that are new Community banking institutions (CFI). Find a participating CFI simply by using SBA’s Lender Match device or this roster of participating lenders that are local.
President Biden additionally announced extra system modifications in order to make usage of PPP loans more equitable. SBA will:
The Paycheck Protection Program is that loan built to offer an incentive that is direct small enterprises to help keep their staff in the payroll. For some borrowers, the utmost loan quantity is 2.5 times their typical monthly 2019 or 2020 payroll costs as much as $2 million. For borrowers into the Accommodation and Food Services sector the most 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 employee retention requirements are met, plus the funds can be used for qualified costs.
The U.S. irs allows companies that got their Paycheck Protection Program loans forgiven to publish down costs taken care of with that cash, aligning their policy with legislation passed away by Congress in December 2020.
A recently passed away State legislation enables Ca companies in order to avoid state that is paying on forgiven loans through the federal Paycheck Protection Program and also to subtract the costs of costs that people loans covered.
Require Assistance navigating an SBA loan program?
SBA's Economic Injury Disaster Loan
March 26, 2021 change: beginning the week of April 6, the SBA is enhancing the optimum amount smaller businesses and non-profit businesses can borrow up to 24-months of financial damage having an amount that is maximum of500,000.
June 15, 2020 modify: The SBA has reopened the Economic Injury Disaster Loan (EIDL) system portal to all or any qualified applicants experiencing financial effects because of . Given that the EIDL application portal is accepting brand new applications, additional small enterprises and non-profits should be able to get long-lasting, low-interest loans – decreasing the financial effects of to their organizations, workers additionally the communities they support.
The SBA has encouraged the town that organizations whom applied for A economic damage tragedy Loan (EIDL) just before March 30, 2020, should re-apply now utilizing the portal that is online.
Prepping to try to get crisis SBA Economic Injury Loans – Source: Northern California small company developing Centers
That is generally speaking qualified: