Resources for Oakland organizations, nonprofits and employees to prepare, prepare and react to Coronavirus 2019 (COVID-19).
- Worker, 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 Products & Services
- Procedures to Protect Income
- Eviction Moratorium
- Workplace Security
- Sales, 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 closed organizations, easy online payday loans in Wyoming please go to the Planning Resources for Business Re-Opening web site
Request one-on-one Company Assistance
Companies, nonprofits and sole proprietors are expected to simply take 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 numerous help choices 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
Update: The deadline for trying to get the Payroll Protection Program (PPP) ended up being 8, 2020 august. SBA data implies 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 banks. This really is a loan that is forgivable keep workers on payroll and keep wage amounts for approximately 24 months. To be forgiven, at the least 60percent of this loan is employed for payroll, such as the price of employer-provided health advantages. If you have already let go your staff, this loan offers the possibility to employ them straight back.
- Less overall is needed to be used on payroll. Initially 75% associated with loan must be useful for keeping payroll to allow the mortgage to be forgiven. That limit happens to be 60% – permitting as much as 40per cent to be utilized on lease, home loan, interest and resources.
- More hours to blow the funds. Borrowers will are in possession of 24 months to utilize their PPP funds, as opposed to the initial 2 months.
- Additional time 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.
- Additional time to settle. For anyone loans which are not completely forgiven, borrowers are in possession of 5 years to pay for straight right back loans made on or after 5 june. For the people with loans made just before 5, check with your lender about entering an agreement to extend your repayment period june.
PPP Loans faqs – might 27, 2020 (includes info on loan forgiveness)
Loan Forgiveness Application and detail by detail instructions have actually been released for the Payroll Protection Program. The shape and guidelines consist of a few measures to lessen 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 any or all applicants that are eligible financial effects as a result of COVID-19. Given that the EIDL and EIDL Advance application portal is accepting applications that are new additional 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 and also the communities they help.
The SBA has encouraged the town that organizations whom sent applications for A financial Injury tragedy Loan (EIDL) ahead of March 30, should re-apply now making use of the online portal.
Prepping to utilize for crisis SBA Economic Injury Loans – Source: Northern California business developing Centers
- Apply on line at SBA’s Disaster Loan Assistance Portal
- Make sure to check out the box at end of this application for approximately $10,000 advance grant, grant total is dependent on pre-disaster worker count ($1,000 per worker)
- This is actually the way that is fastest to have fast economic help. Also 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
Who’s generally speaking eligible:
- Smaller businesses (generally speaking individuals with significantly less than 500 workers)
- Sole proprietors, separate contractors and self-employed individuals
- Cooperatives
- Nonprofits – 501(c), 501(d) or 501 ( 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 application form deadline is 6 pm on December 9.
The East Bay Community Energy’s (EBCE) COVID-19 Community Grant offers funds as high as $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 Utility Bills, Food protection, Rent help, bodily and Mental Health solutions
The Beauty Changes Lives Nail pro Relief give is present to licensed experts who can perhaps not keep their regular earnings through the COVID-19 pandemic. One-time funds of $1,000 can be obtained to give short-term economic relief to qualifying candidates that display monetary hardships. The application that is two-part maybe maybe not tuned in to cellular devices, therefore please apply using a computer or tablet. Applications are now available.
Chance Fund’s Small Company Relief Fund
East Bay Community Foundation’s COVID-19 – A just 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 personal fundamentals into 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 can be entitled to use.
- Centro Community Partners offers entrepreneurs that are local companies support whenever obtaining a KIVA loan
Tragedy Relief Loan Guarantee Program loans for small enterprises and nonprofits