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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 Company Assistance
- SBA Loans & Advance Give
- Give Programs
- Loan Products
- Jobless Advantages
- Sick & Disability Keep
- Help Tools & Solutions
- Procedures to Protect Income
- Eviction Moratorium
- Workplace Security
- Purchases, Releases and Past Updates
- Translated Papers
Employee, Musician and Arts Nonprofit Resources
For the latest Alameda County general public wellness Order and authorized available and shut companies, please look at the preparing Resources for Business Re-Opening web site
Request one-on-one Company Assistance
Companies, nonprofits and single proprietors are expected to simply take the town’s COVID-19 Company Impact information Survey, to get assistance that is one-on-one.
Smaller businesses, nonprofits, single proprietors and separate contractors may feel overrun by the numerous help choices available. Please contemplate:
- 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 demonstrates that significantly more than 6,700 Oakland organizations have now been authorized for PPP loans.
SBA’s Paycheck Protection Program offered loans as high as ten dollars million together with choose banking institutions. This might be a loan that is forgivable keep employees on payroll and continue maintaining wage amounts for approximately 24 days. To be forgiven, at the least 60percent associated with the loan is employed for payroll, like the price of employer-provided health advantages. This loan provides the opportunity to hire them back if you’ve already laid off your employees.
- Less overall is needed to be used on payroll. Initially 75% associated with loan must be utilized for keeping payroll to help the mortgage to be forgiven. That limit has become 60% – enabling as much as 40per cent to be utilized on lease, home loan, interest and utilities.
- More hours to pay the funds. Borrowers will will have 24 months to make use of their PPP funds, as opposed to the initial 2 months.
- Additional time to rehire staff. Borrowers will have until December 31 to ultimately achieve the staffing mandate of keeping the number that is average of that they had on payroll at the time of February 15.
- More hours to settle. For people loans that aren’t completely forgiven, borrowers will have 5 years to pay for straight right back loans made on or after June 5. For those of you with loans made ahead of June 5, consult with your loan provider about entering an understanding to increase your payment duration.
PPP Loans faqs – might 27, 2020 (includes all about loan forgiveness)
Loan Forgiveness Application and instructions that are detailed been released for the Payroll Protection Program. The shape and directions consist of several 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 any or all qualified candidates experiencing financial effects as a result of COVID-19. Given that the EIDL and EIDL Advance application portal is accepting brand new applications, extra small enterprises and non-profits should be able to get long-lasting, low-interest loans and crisis funds – reducing the financial effects of COVID-19 on the companies, employees while the communities they help.
The SBA has encouraged the town that companies whom sent applications for A financial damage tragedy Loan (EIDL) ahead of March 30, should re-apply now utilizing the portal that is online.
Prepping to try to get crisis SBA Economic Injury Loans – Source: Northern California small company Development Centers
- Apply on line at SBA’s Disaster Loan Assistance Portal
- Make sure to check out the package at end regarding the application for approximately $10,000 advance grant, grant total is founded on pre-disaster worker count ($1,000 per employee)
- This is actually the fastest method 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 individuals with significantly less than 500 workers)
- Sole proprietors, separate contractors and self-employed people
- Cooperatives
- Nonprofits – 501(c), 501(d) or 501 ( ag ag e)
- Faith-based companies, no matter whether they offer secular social solutions
Want Assistance navigating and SBA loan system?
- Berkeley Law studentshelp small businesses navigate the CARES that is federal Act
Give Programs
Laney & Merritt students BWOPA CARES Fall 2020 funds of $250. The applying 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 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 Services
The Beauty Changes Lives Nail pro Relief Grant is available to licensed experts who can perhaps maybe not keep their regular earnings throughout the pandemic that is COVID-19. One-time funds of $1,000 can be found to give short-term economic relief to qualifying candidates that prove monetary hardships. The application that is two-part maybe maybe not tuned in to mobile phones, therefore please apply utilizing a computer or tablet. Applications are now actually available.
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 on the public that is largest and personal fundamentals into the U.S.
Loan Products
The California Rebuilding Fund is really 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 not as much as $2.5 million or below in 2019 can be qualified to use.
- Centro Community Partners offers neighborhood business owners and organizations support whenever trying to get a KIVA loan
Tragedy Relief Loan Guarantee Program loans for small businesses and nonprofits
