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 Company Assistance
• SBA Loans & Advance Grant
• Give Programs
• Loan Products
• Jobless Benefits
• Sick & Disability Leave
• Help Tools & Solutions
• Procedures to Protect Income
• Eviction Moratorium
• Workplace Security
• Requests, 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 available and closed organizations, please go to the preparing Resources for Business Re-Opening web site

Request one-on-one Company Assistance

Organizations, nonprofits and single proprietors are expected to just take the town’s COVID-19 Company Impact Data Survey, to get assistance that is one-on-one.

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

• Using now when it comes to 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

Improve: The due date for trying to get the Payroll Protection Program (PPP) ended up being August 8, 2020. SBA information reveals that significantly more than 6,700 Oakland organizations have already been authorized for PPP loans.

SBA’s Paycheck Protection Program offered loans as high as ten dollars million together with choose banking institutions. This really is a loan that is forgivable keep workers on payroll and keep maintaining income amounts for approximately 24 days. To be forgiven, at the least 60percent regarding the loan is employed for payroll, like the price of employer-provided health advantages. If you have already laid off your workers, this loan gives the chance to hire them right back.

• Less cash is needed to be used on payroll. Initially 75% associated with the loan needed to be employed for maintaining payroll to ensure that the mortgage to be forgiven. That threshold happens to be 60% – permitting as much as 40% to be utilized on rent, home loan, interest and utilities.
• More hours to expend the income. Borrowers will currently have 24 months to make use of their PPP funds, as opposed to the initial 2 months.
• Longer to rehire staff. Borrowers are in possession of until December 31 to ultimately achieve the staffing mandate of keeping the normal wide range of employees that they had on payroll at the time of February 15.
• Additional time to settle. For everyone loans that aren’t completely forgiven, borrowers will have 5 years to cover straight right right back loans made on or after June 5. For the people with loans made just before June 5, consult with your loan provider about entering an understanding to increase your payment duration.

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

Loan Forgiveness Application and detail by detail instructions have actually been released when it comes to Payroll Protection Program. The proper execution and directions consist of several measures to cut back 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 catastrophe Loan (EIDL) and EIDL Advance program portal to all or any applicants that are eligible financial effects as a result of COVID-19. Given that the EIDL and EIDL Advance application portal is accepting new applications, extra smaller businesses and non-profits should be able to get long-lasting, low-interest loans and emergency funds – reducing the financial effects of COVID-19 on the organizations, workers as well as the communities they help.

The SBA has encouraged the town that organizations whom sent applications for a financial damage tragedy Loan (EIDL) just before March 30, should re-apply now utilizing the online portal.

Prepping to try to get crisis SBA Economic Injury Loans – Source: Northern California business Development Centers

• Apply on line at SBA’s Disaster Loan Assistance Portal
• Make sure to check out the package at end associated with application for as much as $10,000 advance grant, grant total will be based upon pre-disaster worker count ($1,000 per worker)
• This is actually the quickest method to obtain fast monetary help. Even you still keep the cash advance as a grant if you decide not to take the loan or are declined
• View an informational movie on the Economic Injury Disaster Loan

That is generally speaking eligible:

• Smaller businesses (generally speaking individuals with lower than 500 workers)
• Sole proprietors, separate contractors and persons that are self-employed
• Cooperatives
• Nonprofits – 501(c), 501(d) or 501 ( ag ag e)
• Faith-based companies, no matter whether they supply secular services that are social

Want Assistance navigating and SBA loan system?

• Berkeley Law studentshelp small businesses navigate the federal CARES Act

Give Programs

Laney & Merritt College Students BWOPA CARES Fall 2020 funds of $250. The program due date is 6 pm on December 9.

The East Bay Community Energy’s (EBCE) COVID-19 Community Grant provides funds all the way to $10,000 to for-profit or organizations that are nonprofit offer help in a minumum of one of the after areas: Assistance in Energy or 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 maybe perhaps not maintain their regular earnings throughout the pandemic that is COVID-19. One-time funds of $1,000 can be obtained to give you short-term economic 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 actually open.

Chance Fund’s Business Relief Fund

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

The Foundation Directory on line helps nonprofits find capital by giving information about the public that is largest and personal fundamentals within the U.S.

Loan Products

The California Rebuilding Fund is just a brand new loan system created to https://installmentpersonalloans.org/payday-loans-nd/ help Ca’s smaller businesses while they adjust and navigate the results of COVID-19. Bbusinesses with as much as 50 full-time workers and gross profits 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