Employee, Musician and Arts Nonprofit Resources
For the latest Alameda County Health that is public Order authorized available and shut organizations, 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 use the town’s Business Impact information Survey, to get private support.
Assist us develop an comprehensive data recovery plan if you take a brief study.
Smaller businesses, nonprofits, single proprietors and separate contractors may feel overrun by the numerous help options available. Please think over:
SBA’s Paycheck Protection System
SBA is accepting Paycheck Protection Program (PPP) applications through might 31, 2021. While almost all of the funds are exhausted, the SBA is supposed to be accepting applications that are new Community banking institutions (CFI). Look for a participating CFI by making use of SBA’s Lender Match device or this roster of participating lenders that are local.
President Biden additionally announced extra system modifications to help make use of PPP loans more equitable. SBA will:
The Paycheck Protection Program is that loan made to offer an incentive that is direct small enterprises to help keep their employees regarding 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 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 worker retention requirements are met, as well as the 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 this cash, aligning legislation passed by Congress to their policy in December 2020.
A recently passed away State legislation enables Ca organizations to prevent having to pay state fees on forgiven loans through the federal Paycheck Protection Program and also to subtract the expense of expenses that people loans covered.
Require Assistance navigating an SBA loan system?
SBA’s Economic Injury Disaster Loan
March 26, 2021 up-date: 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 economic damage with a maximum number of $500,000.
June 15, 2020 improve: The SBA has reopened the Economic Injury tragedy Loan (EIDL) system portal to all or any applicants that are eligible financial impacts because of . Given that the EIDL application portal is accepting applications that are new extra small enterprises and non-profits should be able to get long-lasting, low-interest loans – decreasing the economic effects of on the organizations, workers and also the communities they help.
The SBA has encouraged the town that companies whom sent applications for a financial damage tragedy Loan (EIDL) ahead of March 30, 2020, should re-apply now utilising the portal that is online.
Prepping to try to get crisis SBA Economic Injury Loans – Source: Northern California business Development Centers
That is generally speaking qualified: