Office of Community and Economic Development
Businesses and Employers:
Kings County
- Agency: Kings County
- Description: This new program is intended to provide resources to Kings County small businesses that have suffered significant negative impacts due to the shutdown orders issued in furtherance of public health
- Link(s): https://www.countyofkings.com/departments/general-services/assessor-clerk-recorder/cares-act-funding
- Type of assistance: Grant
- Amount: Awards of up to $20,000 per applicant.
- Restrictions/Eligibility:
must have completely or partially shutdown to comply with the various shutdown
orders issued by the California Governor’s Office. - Due date: Phase 1: 8/20/20 through 10/2/20. Phase 2: 10/2/20 through 12/31/20
- Time before assistance is approved: Award announcement will be
contingent upon date of receipt
and processing.
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: IRS
- Description: The employee retention credit is designed to encourage businesses to keep employees on their payroll.
- Link(s): https://www.irs.gov/newsroom/new-employee-retention-credit-helps-employers-keep-employees-on-payroll
- Type of assistance: Credit
- Amount: The refundable tax credit is 50% of up to $10,000 in wages paid by an eligible employer whose business has been financially impacted by COVID-19.
- Restrictions/Eligibility:
The credit is available to all employers that have experienced an economic hardship due to COVID-19. This includes tax-exempt organizations. Only two exceptions apply:
-Federal, state and local governments and their instrumentalities, and
-Small businesses that receive small business loans under the Paycheck Protection Program. - Due date: Eligible employers can claim this credit for wages paid after March 12, 2020, and before January 1, 2021.
- Time before assistance is approved: Employers can be immediately reimbursed for the credit by reducing their required deposits of payroll taxes that have been withheld from employees' wages by the amount of the credit.
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: IRS
- Description: The paid sick leave credit is designed to allow business to get a credit for an employee who is unable to work (including telework) because of Coronavirus quarantine or self-quarantine or has Coronavirus symptoms and is seeking a medical diagnosis.
- Link(s): https://www.irs.gov/newsroom/irs-three-new-credits-are-available-to-many-businesses-hit-by-covid-19
- Type of assistance: Credit
- Amount: Employees are entitled to paid sick leave for up to 10 days (up to 80 hours) at the employee's regular rate of pay up to $511 per day and $5,110 in total.
- Restrictions/Eligibility: Employees who are unable to work (including telework) because of Coronavirus quarantine or self-quarantine or has Coronavirus symptoms and is seeking a medical diagnosis. The employer can also receive the credit for employees who are unable to work due to caring for someone with Coronavirus or caring for a child.
- Due date: 12/31/20
- Time before assistance is approved: Employers can be immediately reimbursed for the credit by reducing their required deposits of payroll taxes that have been withheld from employees' wages by the amount of the credit.
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
Applications are now closed
- Agency: Hello Alice and Verizon
- Description: To ensure Business for All, Hello Alice with the support of Verizon, Silicon Valley Bank, Ebay, and others is offering $10,000 emergency grants, being distributed immediately to small business owners impacted by this pandemic.
- Link(s): http://www.covid19businesscenter.com/
- Type of assistance: grants
- Amount: $10K in emergency grants
- Restrictions/Eligibility: your business has been severely impacted by COVID-19
- Due date: Until funds are depleted
- Time before assistance is approved: not determined
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
The grant application process is now closed
- Agency: Salesforce has partnered with Ureeka
- Description: Salesforce is partnering with Ureeka to offer eligible small businesses the opportunity to receive a $10,000 grant to help them through the COVID-19 outbreak.
- Link(s): https://apply.salesforce.ureeka.biz/prog/salesforce_small_business_grants_west/
- Type of assistance: grants
- Amount: $10,000
- Restrictions/Eligibility: For-profit company, Have between 2 to 50 employees,Have been in business for 2 full years as of March 2020, Have an annual revenue between $250k and $2M, Have experienced challenges from COVID-19
- Due date: Applications will open in 2 phases. Each phase will have 1 week to apply. California phase 1 closes on May 4th
- Time before assistance is approved: You will receive a confirmation email with next steps within 24 hours after you have completed all parts of the application and submitted.
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: betterfin
- Description: Betterfin Launches Free TurboTax-Like Concierge to Assist Small Businesses in Securing $350B in Fiscal Stimulus Funds. Hours filling out forms and, on average, forty-three days for funds is not good enough to save businesses who need help now. Betterfin has built an easy-to-use, consumer facing platform for small business owners and a white-label version for Small Business Development Center advisors to use with small business clients. ReadyRelief™ has digitized and simplified a process that is hindering businesses in dire need. The intention behind ReadyRelief™ is to take the entire process down from forty-three days to less than a week.
- Link(s):https://www.betterfin.com/blog/readyrelief
- Amount: NA
- Restrictions/Eligibility: Small Businesses
- Due date: NA
- Time before assistance is approved: NA
- Who can receive assistance: NA
Notice: PPP Resumes April 27, 2020
- Agency: SBA- Small Business Administration
- Description: This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program. NOTE: Please contact your local participating bank for additional infomation, online applications vary per local bank. MORE INFORMATION FROM SBA HERE
- Link(s): https://www.sba.gov/document/sba-form-2483-paycheck-protection-program-borrower-application-form
- Type of assistance: FUNDING $$$ - LOAN
- Amount: $1K to $100K
- Restrictions/Eligibility: Any small business concern that meets SBA’s size standards (either the industry based sized standard or the alternative size standard)
- Due date: Until funds are depleted
- Time before assistance is approved: Varies by bank application. Check with local bank
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on June 15 to qualified small businesses and U.S. agricultural businesses.
Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.
- Agency: SBA- Small Business Administration
- Description: Apply for an Economic Injury Disaster Loan advance of up to $10,000. The SBA’s Economic
Injury Disaster Loan program provides small businesses with working capital loans
of up to $2 million that can provide vital economic support to small businesses to
help overcome the temporary loss of revenue they are experiencing.
The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. This loan advance will not have to be repaid. MORE INFORMATION FROM SBA HERE
- Link(s): https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/economic-injury-disaster-loan-emergency-advance
- Type of assistance: CASH $$$ ASSISTANCE
- Amount: Up to $2,000,000
- Restrictions/Eligibility: Applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis. For agricultural businesses that submitted an EIDL application through the streamlined application portal prior to the legislative change, SBA will process these applications without the need for re-applying.
- Due date: Until funds are depleted
- Time before assistance is approved: Varies by application. Check with local SBA office
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: SBA- Small Business Administration
- Description: Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.
- Link(s): https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/sba-express-bridge-loans
- Type of assistance: Express Loan
- Amount: SBA Express Lender to access up to $25,000
- Restrictions/Eligibility: TermsUp to $25,000Fast turnaroundWill be repaid in full or in part by proceeds from the EIDL loan
- Due date: Until funds are depleted
- Time before assistance is approved: Varies
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: SBA- Small Business Administration
- Description: As part of SBA's debt relief efforts,The SBA will automatically pay the principal, interest, and fees of current 7(a), 504, and microloans for a period of six months.The SBA will also automatically pay the principal, interest, and fees of new 7(a), 504, and microloans issued prior to September 27, 2020.
- Link(s): https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/sba-debt-relief
- Type of assistance: SBA's debt relief
- Amount: Based on your current SBA loan
- Restrictions/Eligibility: The SBA will automatically pay the principal, interest, and fees of current 7(a), 504, and microloans for a period of six months.The SBA will also automatically pay the principal, interest, and fees of new 7(a), 504, and microloans issued prior to September 27, 2020.
- Due date: December 31, 2020
- Time before assistance is approved: Call your local SBA office or lender who approved your current SBA loan
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: The California Department of Tax and Fee Administration (CDTFA)
- Description: Effective March 30, 2020 all taxpayers who file a return less than $1 Million dollars will have an additional 3 months to file their return, between now and July 31, 2020.If you qualify for this extension it is automatic and you do not need to apply.
- Link(s): https://www.cdtfa.ca.gov/services/covid19.htm#small-business-payment
- Type of assistance: DEFERRAL PAYMENT
- Amount: Based on your current sales tax liability-will vary
- Restrictions/Eligibility: taxpayers who file a return less than $1 Million dollars
- Due date: 7/31/2020
- Time before assistance is approved: Automatic - based on qualifications
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: The California Department of Tax and Fee Administration (CDTFA)
- Description: Effective April 2, 2020, small business taxpayers, those with less than $5 million in taxable annual sales, can take advantage of a 12-month, interest-free, payment plan for up to $50,000 of sales and use tax liability.
- Link(s): English- https://www.cdtfa.ca.gov/services/covid19.htm#small-business-payment Spanish: https://www.cdtfa.ca.gov/services/covid19-es.htm
- Type of assistance: Payment plan requests
- Amount: Based on your current sales tax liability-will vary
- Restrictions/Eligibility: At this point, the program is only available for sales and use tax liabilities.
- Due date: Effective April 2, 2020
- Time before assistance is approved: Payment plan requests can be made through our online services system in the coming months. Please bookmark this page and check back for additional updates.
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: Small Business Finance Center (SBFC)
- Description: The SBFC helps businesses create and retain jobs, and encourages investment in low- to moderate-income communities. The SBFC has several programs to support small business, including a Disaster Relief Loan Guarantee, a Jump Start Loan Program and more. The State of California is allocating $50 million to the Small Business Finance Center at California’s IBank to mitigate barriers to capital for those small businesses (1-750 employees) that may not qualify for federal funds (including businesses in low-wealth and immigrant communities). The $50 million allocation will be used to recapitalize the IBank Small Business Loan Guarantee Program.
- Link(s): https://www.ibank.ca.gov/small-business-finance-center/
- Type of assistance: Loan
- Amount: This disaster program provides guarantees for loans of up to $50,000 for small business borrowers in declared disaster areas
- Restrictions/Eligibility: Small Businesses located in California with 1-750 employees that have been negatively impacted or experienced disruption by COVID-19 Eligible Nonprofits
- Due date: Based on Funds availability
- Time before assistance is approved: Varies on Bank process
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: Verizon Small Business Recovery Fund
- Description: Thanks to a $2.5 million investment from Verizon, we are offering grants to help small businesses fill urgent financial gaps until they can resume normal operations or until other more permanent financing becomes available.
- Link(s): https://www.lisc.org/covid-19/verizon-small-business-recovery-fund/
- Type of assistance: Grant
- Amount: up to $10,000
- Restrictions/Eligibility: LISC will use the Verizon funding to provide grants of up to $10,000 to businesses facing immediate financial pressure because of COVID-19—especially entrepreneurs of color, women-owned businesses and other enterprises in historically underserved communities who don’t have access to flexible, affordable capital.
- Due Date: Applications for round 3 are now closed. Register here for updates.
- Time before assistance is approved: 28 days upon approval
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: CDTFA
- Description: Under the program released today, qualifying businesses can enter into payment plans to distribute up to $50,000 of sales tax liability over a 12-month period, interest-free. For taxpayers choosing to defer their 1st quarter 2020 liability, for example, up to $50,000 of the obligation would now be paid in twelve equal monthly installments, with the first payment not due until July 31, 2020.
- Link(s): https://www.cdtfa.ca.gov/news/20-07.htm
- Type of assistance: Payment plan
- Amount: varies
- Restrictions/Eligibility: gives all businesses with less than $5 million in annual taxable sales the ability to defer payment on up to $50,000 in sales and use tax liability without incurring any penalties or interest.
- Due Date: Check website for updates
- Time before assistance is approved: Check website for updates
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: CPUC
- Description: Utility Consumer Protections During California COVID-19 Outbreak
- Link(s): https://www.cpuc.ca.gov/covid19protections/
- Type of assistance: Payment plan requests
- Amount: Based on current utilities
- Restrictions/Eligibility: Utility customers
- Due date:Based on Utility company
- Time before assistance is approved: N/A
- Who can receive assistance:
US Citizens and Legal Residents: | ITIN and/or Undocumented: |
---|---|
Yes | Yes |
- Agency: EDD
- Description: Pandemic Unemployment Assistance (PUA) program helps unemployed Californians who are business owners, self-employed, independent contractors, have limited work history, and others not usually eligible for regular state UI benefits who are out of business or services are significantly reduced as a direct result of the pandemic.
- Link(s): https://www.edd.ca.gov/about_edd/coronavirus-2019/pandemic-unemployment-assistance.htm
- Type of assistance: Financial Assistance
- Amount: up to $600.00 per week
- Restrictions/Eligibility: February 2, 2020, through the week ending December 26, 2020
- Due date:12/26/2020
- Time before assistance is approved: Based on Eligibility
- Who can receive assistance:
US Citizens and Legal Residents: | ITIN and/or Undocumented: |
---|---|
Yes | Yes |
- Agency: IRS
- Description: Form 7200, Advance Payment of Employer Credits Due to COVID-19
- Link(s): https://www.irs.gov/forms-pubs/about-form-7200
- Type of assistance: IRS Credit
- Amount: up to 10,000 per qualifed Employee
- Restrictions/Eligibility: US employers
- Due date: December 31 2020
- Time before assistance is approved: Check with IRS
- Who can receive assistance:
info US Citizens and Legal Residents: ITIN and/or Undocumented: Yes Yes
- Agency: United States Department of the Treasury
- Description: If you received communication from someone claiming to be from the Social Security Administration, please report that activity to the Social Security Administration’s Fraud Hotline.
- Link(s): https://www.treasury.gov/tigta/contact_report_scam.shtml
- Type of assistance: Public Information
- Amount: N/A
- Restrictions/Eligibility: N/A
- Due date: N/A
- Time before assistance is approved: N/A
- Who can receive assistance: N/A