COVID-19 Business and Employee Resources

COVID-19 Business and Employee Resources

Resources for Oakland organizations, nonprofits and employees to prepare, prepare and react to Coronavirus 2019 (COVID-19).

  • Employee, Musician and Arts Nonprofit Resources
  • Request one-on-one Business Assistance
  • SBA Loans & Advance Give
  • Give Programs
  • Loan Products
  • Jobless Advantages
  • Sick & Disability Keep
  • Help Tools & Services
  • Procedures to Preserve 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 authorized available and shut companies, please go to the preparing Resources for Business Re-Opening web site

Request one-on-one Company Assistance

Companies, nonprofits and single proprietors are expected to just take the town’s COVID-19 Company Impact information Survey, to get one-on-one support.

Small enterprises, nonprofits, single proprietors and independent contractors may feel overrun by the numerous help choices available. Please think over:

  • Using now for the SBA’s Economic Injury Disaster Loan and give Advance
  • Pursuing a crowdsourced, zero-interest loanfrom KIVA

SBA Loans & Advance Give

SBA’s Payroll Protection System

Modify: The deadline for trying to get the Payroll Protection Program (PPP) ended up being 8, 2020 august. SBA data demonstrates that significantly more than 6,700 Oakland organizations were authorized for PPP loans.

SBA’s Paycheck Protection Program offered loans as high as ten dollars million together with choose banking institutions. This can be a forgivable loan to keep employees on payroll and keep wage amounts for as much as 24 days. To be forgiven, at the least 60percent for the loan is employed for payroll, like the price of employer-provided health advantages. If you have already let go your staff, this loan gives the possibility to employ them right back.

  • Less cash is needed to be used on payroll. Initially 75% for the loan must be employed for keeping payroll to ensure that the mortgage to be forgiven. That limit is currently 60% – permitting 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 days to utilize their PPP funds, rather than the initial 2 months.
  • Additional time to rehire staff. Borrowers will have until December 31 to attain the staffing mandate of maintaining the normal quantity of workers that they had on payroll at the time of February 15.
  • More hours to settle. For people loans which are not completely forgiven, borrowers currently have 5 years to pay for right right back loans made on or after June 5. For all those with loans made ahead of 5, check with your lender about entering an agreement to extend your repayment period june.

PPP Loans faqs – might 27, 2020 (includes informative data on loan forgiveness)

Loan Forgiveness Application and detail by detail directions have actually been released for the Payroll Protection Program. The proper execution 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 improve: 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 applications that are new additional small enterprises and non-profits should be able to get long-lasting, low-interest loans and emergency funds – reducing the financial effects of COVID-19 on their companies, workers plus the communities they help.

The SBA has encouraged the town that organizations whom sent applications for a financial damage tragedy Loan (EIDL) ahead of March 30, should re-apply now utilizing the online portal Minnesota payday loans online bad credit.

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 associated with application for as much as $10,000 advance grant, grant total is founded on pre-disaster worker count ($1,000 per worker)
  • Here is the way that is fastest to have fast monetary help. Also 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:

  • Small enterprises (generally speaking people that have lower than 500 workers)
  • Sole proprietors, separate contractors and self-employed people
  • Cooperatives
  • Nonprofits – 501(c), 501(d) or 501 ( ag e)
  • Faith-based companies, no matter whether they give you secular services that are social

Want Assistance navigating and SBA loan system?

  • Berkeley Law studentshelp small businesses navigate the CARES that is federal Act

Give Programs

Laney & Merritt College Students BWOPA CARES Fall 2020 funds of $250. The applying 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 after areas: Assistance in Energy or Utility Bills, Food safety, Rent help, bodily and Mental Health solutions

The Beauty Changes Lives Nail pro Relief give is available to licensed experts who can perhaps not keep their regular earnings through the COVID-19 pandemic. One-time funds of $1,000 can be found to deliver short-term financial relief to qualifying candidates that prove monetary hardships. The two-part application is maybe perhaps not attentive to cellular devices, therefore please apply utilizing some type of computer 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 biggest public and personal fundamentals when you look at the U.S.

Loan Products

The California Rebuilding Fund is a brand new loan system created to help Ca’s smaller businesses while they adjust and navigate the consequences of COVID-19. Bbusinesses with as much as 50 full-time workers and gross revenues of significantly less 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