Company and Worker Resources. Resources for Oakland organizations, nonprofits and employees to prepare, prepare and react to 2019 .

  • Employee, Musician and Arts Nonprofit Resources
  • Request one-on-one Company Assistance
  • SBA Loans
  • California Small Company Relief Give System
  • Grant Programs
  • Webinars & Occasions
  • Loan Products
  • Jobless Advantages
  • Sick & Disability Keep
  • Help Products & Solutions
  • Procedures to Protect Income
  • Eviction Moratorium
  • Workplace Security
  • Instructions, Releases and Past Updates
  • Translated Papers
  • Worker, Musician and Arts Nonprofit Resources

    When it comes to latest Alameda County Health that is public Order approved available and shut organizations, please go to the Planning 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 sole proprietors are asked to make the town’s Company Impact information Survey, to get one-on-one support.

    Assist us develop an comprehensive data data recovery plan by firmly taking a survey that is brief.

    Small enterprises, nonprofits, single proprietors and separate contractors may feel overrun by the support that is many available. Please think over:

  • Trying to get the SBA’s Paycheck Protection Programdeadline stretched until might 31, 2021
  • Obtaining the Restaurant Revitalization Fund Give
  • Trying to get the Shuttered Venue Operators Give
  • Using now when it comes to SBA’s Economic Injury Disaster Loan and give Advance
  • Pursuing a crowdsourced, zero-interest loanfrom KIVA
  • SBA Loans

    SBA’s Paycheck Protection System

    SBA is accepting Paycheck Protection Program (PPP) loan requests through might 31, 2021. While a lot of the funds are exhausted, the SBA may 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 lenders that are local.

    President Biden additionally announced extra system changes in order to make use of PPP loans more equitable. SBA will:

  • Allow sole proprietors, separate contractors, and self-employed people to get more support that is financial revising the PPP’s funding formula of these kinds of candidates;
  • Eliminate an exclusionary limitation on PPP access for small enterprises with previous non-fraud felony beliefs, in line with a bipartisan proposal that is congressional
  • Eliminate PPP access limitations on small businesses who possess struggled which will make education loan re payments by detatching education loan financial obligation delinquency being a disqualifier to taking part in the PPP; and
  • Ensure access for non-citizen business that is small that are legal U.S. residents by making clear that they might make use of Individual Taxpayer recognition quantity (ITIN) to try to get the PPP.
  • The Paycheck Protection Program is that loan built to give 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 when you look at the Accommodation and Food Services sector the utmost 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 Look At This retention criteria are met, together with funds can be used for qualified costs.

    The U.S. irs enables organizations that got their Paycheck Protection Program loans forgiven to publish down costs taken care of with this money, aligning their policy with legislation passed away by Congress in December 2020.

    A recently passed away State law enables Ca organizations in order to avoid spending state fees on forgiven loans through the federal Paycheck Protection Program and also to subtract the expense of expenses 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 small enterprises and non-profit businesses 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 tragedy Loan (EIDL) system portal to any or all applicants that are eligible financial effects 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 – decreasing the financial effects of on the organizations, workers plus the communities they support.

    The SBA has encouraged the town that businesses whom sent applications for a financial damage tragedy Loan (EIDL) ahead of March 30, 2020, should re-apply now utilizing the portal that is online.

    Prepping to apply for crisis SBA Economic Injury Loans – Source: Northern California small company developing Centers

    That is generally speaking qualified:

  • Smaller businesses (generally speaking people that have significantly less than 500 employees)
  • Sole proprietors, separate contractors and self-employed people
  • Cooperatives
  • Nonprofits – 501(c), 501(d) or 501 ( e)
  • Faith-based businesses, no matter whether they give you secular social solutions
  • Share →

    Leave a Reply