Employee, Musician and Arts Nonprofit Resources
For the latest Alameda County Health that is public Order authorized available and closed companies, please go to the preparing Resources for Business Re-Opening web site
For updates through the continuing State of California, please go to
Request one-on-one Company Assistance
Organizations, nonprofits and single proprietors are expected to simply take the City’s Business Impact information Survey, to get assistance that is one-on-one.
Assist us develop a comprehensive data recovery plan by firmly taking a brief study.
Small enterprises, nonprofits, single proprietors and separate contractors may feel overrun by the support that is many 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 would be accepting brand new applications from Community banking institutions (CFI). Look for a participating CFI through the use of SBA’s Lender Match device or this roster of participating lenders that are local.
President Biden additionally announced program that is additional to help make usage of PPP loans more equitable. SBA will:
The Paycheck Protection Program is that loan built to provide an incentive that is direct small enterprises to help keep their employees in 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 utmost loan quantity is 3.5 times their normal monthly 2019 or 2020 payroll expenses as much as $2 million.
SBA will forgive loans if all worker retention requirements are met, while the funds can be used for qualified costs.
The U.S. Internal Revenue Service enables companies that got their Paycheck Protection Program loans forgiven to publish down costs taken care of with this cash, aligning legislation passed by Congress to their policy in December 2020.
A recently passed away State legislation enables Ca companies in order to prevent paying http://www.cash-central.net/payday-loans-ia state fees on forgiven loans from the federal Paycheck Protection Program and also to subtract the expense 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 increasing the optimum amount smaller businesses and non-profit companies can borrow up to 24-months of financial injury with an amount that is maximum of500,000.
June 15, 2020 improve: The SBA has reopened the Economic Injury tragedy Loan (EIDL) system portal to all the qualified candidates experiencing financial impacts as a result of . Given that the EIDL application portal is accepting brand new applications, extra small enterprises and non-profits should be able to get long-lasting, low-interest loans – reducing the financial effects of to their companies, workers in addition to communities they help.
The SBA has encouraged the town that companies whom sent applications for A financial damage catastrophe Loan (EIDL) just before March 30, 2020, should re-apply now with 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: