Health and government officials are working together to maintain the safety, security and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers and themselves healthy.
The Governor’s Office of Business and Economic Development has compiled helpful information for employers, employees and all Californians as it relates to the coronavirus (COVID-19) outbreak.
CARES ACT Q&A (PAGE 6 SMALL BUSINESSES) (04/02/20)
All small business owners are eligible and ENCOURAGED to apply for an Economic Injury Disaster Loan advance of up to $10,000, and the loan advance will not have to be repaid.
Further, the EIDL program provides small businesses with working capital loans up to $2 million that can provide economic support to small businesses, with terms up to 30 years and deferred payments for one year. Apply Now Online.
June 15, EIDL Update - SBA Re-Opens Economic Injury Disaster Loan Applications
Notice: Now Accepting New Applications for Economic Injury Disaster Loans and Advance: On June 15, SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications from all eligible small businesses and U.S. agricultural businesses. To learn more about eligibility and apply, click here.
EIDL applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.
To learn more about the relief options available for your business, click here.
COVID-19 EIDL Loan and Advance Application
The EIDL program is accepting applications again – Don’t miss out on applying for these funding sources
Under the Paycheck Protection Program (PPP) created by the CARES Act, loans may be forgiven if borrowers use the proceeds to maintain their payrolls and pay other specified expenses.
Congress recently changed the rules regarding loan forgiveness. The Treasury Department and Small Business Administration are responsible for updating the application form and instructions for loan forgiveness. You can find the most up-to-date information here.
An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Payroll Protection Program FAQ’s 04/23 (PDF)
Additional Business Resources: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources
EVICTION AND RENT FREEZE ORDINANCE
The Contra Costa Board of Supervisors voted unanimously to approve an Urgency Ordinance temporarily prohibiting evictions of residential and commercial real property tenants in Contra Costa County impacted by the COVID-19 pandemic and establishing a moratorium on rent increases.
(The FAQ page below has info and quick links on the side of the page.)