COVID-19 Business and Employee Resources

Resources for Oakland companies, 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
  • Support Tools & Solutions
  • Steps to Preserve Income
  • Eviction Moratorium
  • Workplace Security
  • Instructions, Releases and Past Updates
  • Translated Papers

Employee, Musician and Arts Nonprofit Resources

When it comes to latest Alameda County general public wellness Order and authorized open and shut companies, please go to the preparing Resources for Business Re-Opening website

Request one-on-one Company Assistance

Organizations, nonprofits and single proprietors are expected to use the City’s COVID-19 Company Impact information Survey, to get assistance that is one-on-one.

Smaller businesses, nonprofits, single proprietors and independent contractors may feel overrun by the many help choices available. Please think over:

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

SBA Loans & Advance Give

SBA’s Payroll Protection System

Improve: The due date for trying to get the Payroll Protection Program (PPP) had been 8, 2020 august. SBA information demonstrates that significantly more than 6,700 Oakland organizations 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. It is a loan that is forgivable keep workers on payroll and keep income levels for approximately 24 months. To be forgiven, at the least 60percent associated with the loan can be used for payroll, such as the price of employer-provided health advantages. If you have already let go your staff, this loan supplies the chance to employ them straight back.

  • Less cash is needed to be used on payroll. Originally 75% associated with loan must be useful for keeping payroll to allow the mortgage to be forgiven. That threshold is currently 60% – enabling as much as 40per cent to be utilized on lease, mortgage, interest and resources.
  • Longer to pay the income. Borrowers will are in possession of 24 months to utilize their PPP funds, as opposed to the initial 2 months.
  • Longer to rehire staff. Borrowers are in possession of until December 31 to attain the staffing mandate of keeping the number that is average of that they had on payroll at the time of February 15.
  • Additional time to settle. For people loans that aren’t completely forgiven, borrowers are in possession of 5 years to cover right straight straight 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 home elevators loan forgiveness)

Loan Forgiveness Application and instructions that are detailed been released for the Payroll Protection Program. The shape and directions consist of a few measures to lessen compliance burdens and simplify the method for borrowers.

SBA’s Economic Injury Disaster Loan

June 15, 2020 Update: The SBA has reopened the Economic Injury catastrophe Loan (EIDL) and EIDL Advance program portal to any or all applicants that are eligible financial impacts 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 – decreasing the financial effects of COVID-19 on the companies, workers plus the communities they help.

The SBA has encouraged the town that companies whom sent applications for A financial Injury catastrophe Loan (EIDL) just before March 30, should re-apply now utilising the portal that is online.

Prepping to use for crisis SBA Economic Injury Loans – Source: Northern California business developing Centers

  • Apply on line at SBA’s Disaster Loan Assistance Portal
  • Make sure to check the package at end regarding the application for approximately $10,000 advance grant, grant total is dependant on pre-disaster worker count ($1,000 per worker)
  • Here is the way that is fastest to obtain fast monetary support. Also in the event that you decide to not make the loan or are declined, you continue to keep consitently the advance loan as a grant
  • Watch an informational movie on the Economic Injury Disaster Loan

That is generally speaking qualified:

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

Want Assistance navigating and SBA loan system?

  • Berkeley Law studentshelp small businesses navigate the federal CARES Act

Grant Programs

Laney & Merritt students BWOPA CARES Fall 2020 funds of $250. The application form due date is 6 pm on December 9.

The East Bay Community Energy’s (EBCE) COVID-19 Community Grant provides funds as high as $10,000 to for-profit or nonprofit businesses that provide help in a minumum of one associated with after areas: Assistance in Energy or bills, Food safety, Rent help, bodily and Mental Health solutions

The Beauty Changes Lives Nail pro Relief Grant is present to licensed experts who can perhaps perhaps not maintain their regular earnings throughout the COVID-19 pandemic. One-time funds of $1,000 can be obtained to give you short-term monetary relief to qualifying candidates that indicate monetary hardships. The two-part application is maybe not tuned in to cellular devices, therefore please apply utilizing some type of computer or tablet. Applications are now actually available.

Chance Fund’s payday loans AL Business Relief Fund

East Bay Community Foundation’s COVID-19 – a simply East Bay Response Fund for nonprofits

The Foundation Directory on the web helps nonprofits find capital by giving information on the biggest public 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 because they adjust and navigate the consequences 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 might be qualified to use.

  • Centro Community Partners offers entrepreneurs that are local companies help whenever obtaining a KIVA loan

Catastrophe Relief Loan Guarantee Program loans for smaller businesses and nonprofits