Immediate Relief for Businesses
California and the federal government are providing broad assistance to small businesses and employers impacted by COVID-19. Read more
Small Business Relief Grant
Governor Newsom announced the creation of a $500 million COVID Relief Grant. The following business can qualify for a grant up to $25,000.
• Small Businesses
• Non-Profits
• Cultural Institutions
Round 3 Closed March 11, 2021
Round 4(nonprofit & cultural institutions only)
Open Tuesday, March 16, 2021
Program & Application Guide
Employee Retention Credit
December 27, 2020, update to The Taxpayer Certainty and Disaster Tax Relief Act of 2020.
Employers can now claim a refundable tax credit against the employer share of Social Security tax equal to 70% of the qualified wages they pay to employees after December 31, 2020, through June 30, 2021. Qualified wages are limited to $10,000 per employee per calendar quarter in 2021.
California Rebuilding Fund Loan
Businesses that have 50 or less full time equivalent employees and had gross revenues of less than $2.5 million or below in 2019 are eligible to apply for a California Rebuilding Fund Loan. Businesses will fill out a pre-application to be matched with a participating lender.
• If you need assistance with filling out the pre-application you can sign up with Valley Sierra SBDC to get assistance.
SBA Debt Relief
The SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for the following loans. Business owners who have received the following loans do not need to apply for assistance to receive the 6 months of payments from SBA.
• 7(a)
• 504
• Microloans
*This relief is not available for PPP or EIDL Loans
INFORMATION AND BENEFITS FOR BUSINESSES IMPACTED BY COVID-19
Federal Assistance for Business
FINANCIAL ASSISTANCE
Targeted Economic Injury Disaster Loans (EIDL)
The Targeted EIDL Advance provides businesses located in low-income communities with additional funds to ensure small business continuity, adaptation, and resiliency. Businesses located in a low-income community who submitted an application and did not receive funding or submitted an application and received a partial (less than $10,000) EIDL Advance) should look for an email ending in @sba.gov. SBA will reach out to applicants located in a low-income community that received a partial (less than $10,000) EIDL Advance via email in the coming weeks.
FAQ's
Disaster Loan Assistance for Agricultural Businesses leer en español
Application
Agricultural businesses include businesses engaged in the legal production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries. Eligible agricultural businesses must have 500 or fewer employees.
Disaster Loan Assistance leer en español
This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue. Extended to December 31, 2021.
Application
FAQ's
Paycheck Protection Program- Closes March 31, 2021 leer en español
An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. Paycheck Protection Program is currently accepting First Draw PPP loan applications.
SBA will begin applications for eligible businesses that have already received a PPP Loan to apply for a Second Draw PPP Loan on January 13, 2021.
Application for a First Draw PPP Loan
Application for Second Draw PPP Loan
FAQ's
*For more information about the programs above or if you need assistance watch Representative Josh Harder's Small Business COVID-19 Relief Webinar
INFORMATION AND BENEFITS FOR BUSINESSES IMPACTED BY COVID-19
Assistance for Business
COVID-19 BUSINESS RESOURCES
California Grants Portal
Grants.ca.gov is managed and hosted by the California State Library, that provides a centralized location to find state grant opportunities.
California Restaurant Association Resources
Relief for California Restaurants
COVID-19 Survival Guide for Business
America's Small Business Development Center of California (SBDC)
Resources to help employers prepare for the COVID-19 virus leer en español
Workplace Safety, Wages & Leave, Unemployment Insurance Flexibilities, Dislocated Workers & more
U.S. Department of Labor
Plan, Prepare and Respond to Coronavirus Disease 2019 leer en español
Center for Disease Control (CDC)
Small Business Advising and Mentoring
Pacific Community Ventures
FINANCIAL AND TECHNICAL ASSISTANCE FOR SMALL BUSINESS
Small Business Finance Center (SBFC) leer en español
IBank State of California, businesses must first apply for SBA loans and be denied or ineligible in order to apply for IBank.
The Small Business Owner's Guide to the CARES Act
U.S. Senate Committee on Small Business & Entrepreneurship
An Independent Contractor's Guide to CARES Act Relief leer en español
If you are an independent contractor or self-employed individual, you may be eligible for Paycheck Protection Program (PPP) loans/grants, SBA’s Economic Injury Disaster Loans (EIDL), and/or Unemployment Compensation for losses of income related to the coronavirus pandemic.
Work Sharing Program leer en español
Employment Development Department (EDD)
Application
Tax Relief leer en español
State of California