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
• Support Tools & Services
• Procedures to Protect Cashflow
• Eviction Moratorium
• Workplace Security
• Sales, Releases and Past Updates
• Translated Papers

Worker, Musician and Arts Nonprofit Resources

When it comes to latest Alameda County Health that is public Order authorized available and shut companies, please look at the preparing Resources for Business Re-Opening website

Request one-on-one Company Assistance

Companies, nonprofits and single proprietors are expected to make the town’s COVID-19 Company Impact Data Survey, to get private help.

Smaller businesses, nonprofits, sole proprietors and separate contractors may feel overrun by the support that is many 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 Grant

SBA’s Payroll Protection System

Modify: The due date for obtaining the Payroll Protection Program (PPP) ended up being 8, 2020 august. SBA information indicates that significantly more than 6,700 Oakland companies 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 forgivable loan to keep workers on payroll and keep maintaining income amounts for approximately 24 days. To be forgiven, at the least 60percent for the loan must be used 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 needed to be utilized for maintaining payroll to ensure that the loan to be forgiven. That limit happens to be 60% – permitting as much as 40per cent to be utilized on lease, home loan, interest and utilities.
• Additional time to invest the funds. Borrowers will currently have 24 days to utilize their PPP funds, rather than the original 2 months.
• More hours 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 many loans which are not completely forgiven, borrowers are in possession of 5 years to pay for straight straight back loans made on or after 5 june. 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 informative https://www.americashpaydayloans.com/payday-loans-nd data on loan forgiveness)

Loan Forgiveness Application and step-by-step directions have actually been released for the Payroll Protection Program. The proper execution and guidelines consist of a few measures to cut back conformity burdens and simplify the method for borrowers.

SBA’s Economic Injury Disaster Loan

June 15, 2020 modify: The SBA has reopened the Economic Injury catastrophe Loan (EIDL) and EIDL Advance program portal to all or any eligible candidates experiencing financial effects as a result of COVID-19. Now 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 impacts of COVID-19 on the companies, workers additionally the communities they help.

The SBA has advised the town that companies who sent applications for A financial damage tragedy Loan (EIDL) just before March 30, should re-apply now utilising the online portal.

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

• Apply on line at SBA’s Disaster Loan Assistance Portal
• Make sure to check out the package at end associated with application for approximately $10,000 advance grant, grant total is dependent on pre-disaster worker count ($1,000 per worker)
• Here is the quickest method to obtain fast monetary help. Also in the event that you decide never to make the loan or are declined, you continue to keep the advance loan as a grant
• View an informational video clip on the Economic Injury Disaster Loan

That is generally speaking qualified:

• Small enterprises (generally speaking individuals with not as much as 500 workers)
• 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 supply secular social solutions

Want Assistance navigating and SBA loan program?

• Berkeley Law studentshelp small businesses navigate the federal CARES Act

Give Programs

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

The East Bay Community Energy’s (EBCE) COVID-19 Community Grant provides grants all the way to $10,000 to for-profit or nonprofit companies that provide help in a minumum of one associated with after areas: Assistance in Energy or bills, Food Security, Rent Support, bodily and Mental Health solutions

The Beauty Changes Lives Nail expert Relief give is available to licensed experts who can not keep their regular earnings throughout the COVID-19 pandemic. One-time funds of $1,000 can be obtained to present temporary relief that is financial qualifying candidates that prove monetary hardships. The two-part application is perhaps maybe perhaps not attentive to mobile phones, so please apply utilizing some type of computer or tablet. Applications are actually available.

Opportunity 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 biggest public and personal foundations when you look at the U.S.

Loan Products

The California Rebuilding Fund is just a brand new loan system developed to 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 lower than $2.5 million or below in 2019 can be qualified 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