COVID-19 Business and Employee Resources
COVID-19 Business and Employee Resources Resources for Oakland companies, nonprofits and employees to plan, prepare and answer Coronavirus 2019 (COVID-19). Worker, Musician and Arts Nonprofit Resources Request one-on-one
Resources for Oakland companies, nonprofits and employees to plan, prepare and answer Coronavirus 2019 (COVID-19).
- Worker, Musician and Arts Nonprofit Resources
- Request one-on-one Company Assistance
- SBA Loans & Advance Give
- Give Programs
- Loan Products
- Jobless Benefits
- Sick & Disability Keep
- Help Products & Solutions
- Procedures to Preserve Income
- Eviction Moratorium
- Workplace Security
- Purchases, Releases and Past Updates
- Translated Papers
Employee, Musician and Arts Nonprofit Resources
When it comes to latest Alameda County Health that is public Order authorized available and closed companies, please look at the preparing Resources for Business Re-Opening web site
Request one-on-one Business Assistance
Companies, nonprofits and sole proprietors are expected to use the town’s COVID-19 Company Impact Data Survey, to get assistance that is one-on-one.
Smaller businesses, nonprofits, single proprietors and separate contractors may feel overrun by the support that is many available. Please think over:
- Using now when it comes to SBA’s Economic Injury Disaster Loan and give Advance
- Pursuing a crowdsourced, zero-interest loanfrom KIVA
SBA Loans & Advance Grant
SBA’s Payroll Protection System
Modify: The due date for trying to get the Payroll Protection Program (PPP) ended up being 8, 2020 august. SBA information indicates that significantly more than 6,700 Oakland companies have now been authorized for PPP loans.
SBA’s Paycheck Protection Program offered loans as much as ten dollars million together with choose banking institutions. This is certainly a loan that is forgivable keep workers on payroll and keep income amounts for approximately 24 days. To be forgiven, at the least 60percent for the loan is employed for payroll, like the cost of employer-provided health advantages. If you have already let go your workers, this loan supplies the chance to hire them right back.
- Less cash is needed to be spent on payroll. Initially 75% regarding the loan must be utilized for keeping payroll to enable the mortgage to be forgiven. That limit is currently 60% – enabling as much as 40per cent to be utilized on lease, home loan, interest and resources.
- More hours to pay the cash. Borrowers will are in possession of 24 months to utilize their PPP funds, as opposed to the initial 2 months.
- Additional time to rehire staff. Borrowers will have until December 31 to attain the staffing mandate of keeping the normal amount of workers that they had on payroll at the time of February 15.
- More hours to settle. For the people loans that aren’t completely forgiven, borrowers currently have five years to cover right back loans made on or after June 5. For those of you with loans made ahead of June 5, consult with your loan provider about entering an understanding to give your payment duration.
PPP Loans faqs — might 27, 2020 (includes information about loan forgiveness)
Loan Forgiveness Application and instructions that are detailed been released for the Payroll Protection Program. The shape and guidelines consist of a few measures to lessen conformity burdens and simplify the method for borrowers.
SBA’s Economic Injury Disaster Loan
June 15, 2020 modify: The SBA has reopened the Economic Injury tragedy Loan (EIDL) and EIDL Advance program portal to all or any applicants that are eligible financial effects because of COVID-19. Given that the EIDL and EIDL Advance application portal is accepting brand new applications, extra smaller businesses and non-profits should be able to get long-lasting, low-interest loans and crisis funds – reducing the financial effects of COVID-19 on the organizations, workers as well as the communities they help.
The SBA has encouraged the town that organizations whom sent applications for A financial damage tragedy Loan (EIDL) just before March 30, should re-apply now utilising the portal that is online.
Prepping to utilize for crisis SBA Economic Injury Loans — Source: Northern California small company developing Centers
- Apply on line at SBA’s Disaster Loan Assistance Portal
- Make sure to check out the field at end regarding the application for approximately $10,000 advance grant, grant total will be based upon pre-disaster worker count ($1,000 per worker)
- This is basically the way that is fastest getting fast economic help. Even you still keep the cash advance as a grant if you decide not to take the loan or are declined
- View a video that is informational the Economic Injury Disaster Loan
That is generally speaking qualified:
- Smaller businesses (generally speaking people that have significantly less than 500 workers)
- Sole proprietors, separate contractors and persons that are self-employed
- Cooperatives
- Nonprofits – 501(c), 501(d) or 501 ( ag ag ag e)
- Faith-based companies, no matter whether they supply secular social solutions
Want Assistance navigating and SBA loan system?
- Berkeley Law studentshelp small businesses navigate the CARES that is federal Act
Give Programs
Laney & Merritt students BWOPA CARES Fall 2020 funds of $250. online payday loans in Washington The program due date is 6 pm on 9 december.
The East Bay Community Energy’s (EBCE) COVID-19 Community Grant provides funds as much as $10,000 to for-profit or organizations that are nonprofit provide help in a minumum of one associated with following areas: Assistance in Energy or bills, Food safety, Rent help, bodily and Mental Health Services
The Beauty Changes Lives Nail pro Relief give is present to licensed experts who can maybe perhaps not keep their regular earnings throughout the pandemic that is COVID-19. One-time funds of $1,000 can be found to give you short-term relief that is financial qualifying candidates that show monetary hardships. The two-part application is maybe not attentive to cellular devices, therefore please apply making use of a pc or tablet. Applications are now actually open.
Chance Fund’s Small Company Relief Fund
East Bay Community Foundation’s COVID-19 – A just East Bay Response Fund for nonprofits
The Foundation Directory on the web helps nonprofits find capital by giving information regarding the public that is largest and personal fundamentals when you look at the U.S.
Loan Products
The California Rebuilding Fund is just a loan that is new developed to help Ca’s small enterprises while they adjust and navigate the results of COVID-19. Bbusinesses with as much as 50 employees that are full-time gross profits of lower than $2.5 million or below in 2019 could be entitled to use.
- Centro Community Partners offers entrepreneurs that are local organizations help whenever trying to get a KIVA loan
Tragedy Relief Loan Guarantee Program loans for small enterprises and nonprofits