Resources for Oakland organizations, nonprofits and employees to prepare, prepare and answer 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
• Steps to Protect Cashflow
• Eviction Moratorium
• Workplace Security
• Sales, Releases and Past Updates
• Translated Papers

Employee, Artist and Arts Nonprofit Resources

When it comes to latest Alameda County Health that is public Order authorized available and shut organizations, 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 make the City’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 support that is many 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 obtaining the Payroll Protection Program (PPP) ended up being 8, 2020 august. SBA information demonstrates that significantly more than 6,700 Oakland companies are authorized for PPP loans.

SBA’s Paycheck Protection Program offered loans all the way to ten dollars million together with choose banking institutions. This might be a loan that is forgivable keep workers on payroll and keep income amounts for as much as 24 months. 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 workers, this loan gives the possibility to employ them right back.

• Less overall is needed to be used on payroll. Initially 75% regarding the loan must be employed for keeping payroll to ensure that the mortgage to be forgiven. That limit has become 60% – permitting as much as 40per cent to be utilized on lease, home loan, interest and resources.
• Additional time to invest the amount of money. Borrowers will currently have 24 months to utilize their PPP funds, as opposed to the initial 2 months.
• More hours to rehire staff. Borrowers will have 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.
• More hours to settle. For all loans that aren’t completely forgiven, borrowers will have 5 years to pay for right right right back loans made on or after June 5. For anyone 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 when it comes to Payroll Protection Program. The shape and directions include a few measures to cut back conformity burdens and simplify https://americashpaydayloans.com/payday-loans-wi/ the method for borrowers.

SBA’s Economic Injury Disaster Loan

June 15, 2020 modify: The SBA has reopened the Economic Injury tragedy Loan (EIDL) and EIDL Advance program portal to all or any qualified candidates experiencing financial effects as a result of COVID-19. Given that the EIDL and EIDL Advance application portal is accepting applications that are new extra small enterprises 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 organizations, workers therefore 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 online portal.

Prepping to try to get Emergency SBA Economic Injury Loans – Source: Northern California Small Business developing Centers

• Apply on line at SBA’s Disaster Loan Assistance Portal
• Be sure to look at the package at end for the application for as much as $10,000 advance grant, grant total is founded on pre-disaster employee count ($1,000 per worker)
• This is actually the quickest method to have 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 a video that is informational the Economic Injury Disaster Loan

That is generally speaking qualified:

• Small enterprises (generally speaking people that have not as much as 500 workers)
• Sole proprietors, separate contractors and persons that are self-employed
• Cooperatives
• Nonprofits – 501(c), 501(d) or 501 ( e)
• Faith-based businesses, no matter whether they offer 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 students BWOPA CARES Fall 2020 Grants 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 as much as $10,000 to for-profit or organizations that are nonprofit provide help in a minumum of one associated with following areas: Assistance in Energy or bills, Food safety, Rent Support, bodily and Mental Health solutions

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

Opportunity Fund’s Small Company 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 regarding the public that is largest and private fundamentals when you look at the U.S.

Loan Products

The California Rebuilding Fund is really a loan that is new created to help Ca’s small enterprises 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 might be qualified to use.

• Centro Community Partners offers regional entrepreneurs and companies help whenever trying to get a KIVA loan

Catastrophe Relief Loan Guarantee Program loans for smaller businesses and nonprofits