Employee, Musician and Arts Nonprofit Resources
For the latest Alameda County general public wellness Order and authorized available and shut companies, please go to the Planning Resources for Business Re-Opening web site
For updates through the continuing State of California, please check out
Request one-on-one Company Assistance
Companies, nonprofits and single proprietors are expected to use the City’s https://nationaltitleloan.net/installment-loans-nh/ Company 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 consider:
SBA Loans
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 soon be accepting applications that are new Community finance institutions (CFI). Find a participating CFI by utilizing SBA’s Lender Match device or this roster of participating local lenders.
President Biden additionally announced program that is additional in order to make usage of PPP loans more equitable. SBA will:
The Paycheck Protection Program is that loan built to give an incentive that is direct small enterprises to keep their staff regarding the payroll. For the majority of borrowers, the most loan quantity is 2.5 times their typical monthly 2019 or 2020 payroll expenses up to $2 million. For borrowers within the Accommodation and Food Services sector the maximum loan amount is 3.5 times their average monthly 2019 or 2020 payroll expenses as much as $2 million.
SBA will forgive loans if all worker retention requirements are met, together with funds can be used for qualified expenses.
The U.S. irs enables companies that got their Paycheck Protection Program loans forgiven to publish down costs taken care of with that cash, aligning legislation passed by Congress to their policy in December 2020.
A recently passed away State legislation enables Ca organizations in order to avoid spending state fees on forgiven loans from the federal Paycheck Protection Program 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 change: 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 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 qualified candidates experiencing financial impacts because of . Given that the EIDL application portal is accepting applications that are new extra smaller businesses and non-profits should be able to get long-lasting, low-interest loans – reducing the financial effects of on the companies, workers as well as the communities they help.
The SBA has encouraged the town that organizations whom sent applications for a financial damage catastrophe Loan (EIDL) ahead of 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: