COVID -19 Business Resource List

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COVID -19 Business Resource List

Resources for Businesses Reeling from COVID-19

REOPENING: CURRENT STAGE 2.5 CLICK HERE FOR DETAILS
Program	Why	Benefits	How to File
Benefits for Businesses
Madera County Pandemic Assistance Grant	This grant program is for businesses impacted by COVID-19 and are located in Madera County, City of Chowchilla and City of Madera. If your business has not received disaster relief funding such as Paycheck Protection Program, SBA Economic Injury Disaster Relief Loan or any other CARES Act funded business assistance program you may be eligible for a $5,000 or $10,000 grant.	$5,000 grant for up to 20 full-time employees $10,000 grant for 21-50 full-time employees	Click here for guidelines and an application. Deadline is August 14, 2020
SBA Disaster Assistance SBA.gov	If you are in need of economic support to help overcome the temporary loss of revenue	Low interest disaster loans to help business recover from declared disasters. SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance. The interest rate is 3.75% for small business	SBA Disaster Loan Application
SBA Economic Injury Disaster Loans to provide relief to U.S. agricultural businesses	SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis only to provide relief to U.S. agricultural businesses. At this time, only agricultural business applications will be accepted due to limitations in funding availability and the unprecedented submission of applications already received.	The new eligibility is made possible as a result of the latest round of funds appropriated by Congress in response to the COVID-19 pandemic. Agricultural businesses includes those businesses engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries (as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)). SBA is encouraging all eligible agricultural businesses with 500 or fewer employees wishing to apply to begin preparing their business financial information needed for their application.	Eligible agricultural businesses may apply for the Loan Advance here.
SBA Economic Injury Disaster Loans Click here	SBA has resumed processing EIDL applications that were submitted before the portal stopped accepting new applications on April 15 and will be processing these applications on a first-come, first-served basis.	This will help meet capital needs caused by the declared disaster and help pay financial obligations and operating expenses had the disaster not occurred. EIDL does not replace lost revenue, profits or fund expansions. Loans limited to $2m, less business interruption insurance and other recoveries. Requires collateral. Apply online.	or call (800) 659-2955, email: disastercustomerservice@sba.gov
CA iBank Disaster Relief Loan Guarantee Program iBank.ca.gov	If your business is experiencing capital access barriers in light of a declared disaster	Provides loan guarantees and direct loans for small businesses. Loan amounts range from $500 to $10,000. Term up to 5 years, fully amortized.	Please visit
CA iBank Jumpstart Loan Program iBank.ca.gov	If you are a low-to-moderate income (LMI) business owner or operate a business in a LMI community	Provides microloans, technical assistance and financial literacy training. Loan amounts range from $500 to $10,000. Term up to 5 years, fully amortized.	Please visit iBank.ca.gov to apply.
California Capital Access Program for Small Business (CalCap) Click here	The California Capital Access Program for Small Business (CalCAP SB or Program) encourages banks and other financial institutions to make loans to small businesses that have difficulty obtaining financing.	If you own a small business and need a loan for start-up, expansion or working capital, you may receive more favorable loan terms from a lender if your loan is enrolled in the CalCAP Loan Loss Reserve Program. This program helps communities by providing financing to businesses that create jobs and improve the economy. CalCAP is a loan loss reserve program which may provide up to 100% coverage on losses as a result of certain loan defaults. With CalCAP portfolio support, a lender may be more comfortable underwriting small business loans. Check to see if your lender participates in (CalCap) if not it’s easy to get signed up. Click here.	Loan enrollment
Facebook Small Business Grants Program Facebook for Business	If you are a small business experiencing disruptions resulting from the global outbreak of COVID-19.	Keep your workforce going strong, help with your rent costs, connect with more customers, cover operational costs. Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses	deadline updates- Click here
USDA Business & Industry Loan Guarantees	This program offers loan guarantees to rural businesses. What is considered an eligible area? Rural areas outside of a city or town with a population of fewer than 50,000 people. The borrower’s headquarters may be based within a larger city as long as the project is located in an eligible rural area. The lender may be located anywhere in the United States. Projects may be funded in rural and urban areas under the Local and Regional Food System Initiative. Check eligible addresses for Business Programs.	How may guaranteed loan funds be used? Eligible uses include (but are not limited to): Business conversion, enlargement, repair, modernization or development. The purchase and development of land, easements, rights-of-way, buildings or facilities. The purchase of equipment, leasehold improvements, machinery, supplies or inventory. Debt refinancing when refinancing improves cash flow and creates jobs. Business and industrial acquisitions when the loan will maintain business operations and create or save jobs.	Click here
USDA Programs		USDA Rural Development has taken a number of immediate actions to help rural residents, businesses and communities affected by the COVID-19 outbreak.	Click here
Workforce Development Board of Madera County Click here	Rapid Response- Services for layoffs or closure	The Rapid Response team can present options and provide assistance to employers who wish to develop lay-off aversion strategies, business retention, recruitment services or link to local economic development activities.Provide assistance to both employer and employees to manage changes and lessen the impact	or call (559) 662-4589
CA Employment Development Dept. Work Sharing Program Click here	If business interruption or slowdowns are causing you to consider layoffs	Business assistance to employees and employers.Full-time employees receive UI benefits, keep current job, and avoid financial hardships	Work Sharing Unemployment Insurance Plan Application
IRS Click here	Federal Income Tax Extension	Taxpayers do not need to file any additional forms or call the IRS to qualify for this automatic federal tax filing and payment relief. For additional time to file beyond the July 15 deadline, send in a Form 4868 through a tax professional, tax software or using the Free File link on IRS.gov. Businesses who need additional time must file Form 7004. The federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.	866-255-0654 800-829-4933
Franchise Tax Board Click here	State Income Tax Deadline Extended	FTB is postponing until July 15 the filing and payment deadlines for all individuals and business entities for: 2019 tax returns, 2019 tax return payments, 2020 1st and 2nd quarter estimate payments, 2020 LLC taxes and fees, 2020 Non-wage withholding payments. Taxpayers do not need to claim any special treatment or call FTB to qualify for this relief. Taxpayers claiming the special COVID-19 relief should write the name of the state of emergency (for example, COVID-19) in black ink at the top of the tax return to alert FTB of the special extension period. If taxpayers are e-filing, they should follow the software instructions to enter disaster information.
Employment Development Department Click here	EDD Tax Filing Extension	Employers experiencing a hardship as a result of COVID-19 may request up to a 60-day extension of time from the EDD to file their state payroll reports and/or deposit state payroll taxes without penalty or interest. A written request for extension must be received within 60 days from the original delinquent date of the payment or return.
Employment Development Department Click here	Unemployment Insurance Benefits	California’s Employment Development Department (EDD) provides a variety of support services to individuals affected by COVID-19 in California	888-745-3886
Office of the Attorney General or local law enforcement Attorney General advice, click here.	Anti-Price Gouging Guidance for Online Marketplace Platforms and Consumers	Anti-COVID-19-related price gouging guidance for online marketplace platforms and consumers. By state law, Penal Code 396, for a period of 30 days after a declared state of emergency no person or business entity may do any of the following: Sell or offer to sell consumer items at a price greater than 10 percent of the price charged for those items immediately prior to the declaration of emergency. Offer contracted repair or reconstruction services at a price greater than 10 percent of the price charged for those services immediately prior to the declaration of emergency. Increase the rate of hotel rooms greater than 10 percent of the charge for those rooms immediately prior to the declaration of emergency. Increase the cost of rental housing greater than 10 percent of the cost of that housing immediately prior to the declaration of emergency. Raise the cost of rental housing at a price greater than an evicted tenant was charged. The time period for these restrictions can be extended for an additional 30 days if needed.	Madera Police Department: (559) 675.4205 Chowchilla Police Department: (559) 665-8600 Madera Co. Sheriff’s Office: (559) 675-7770
Valley Small Business Development Center	Hosting free webinars on how to manage your small business during COVID-19		Click here for the latest webinars.
The Small Business Owner’s Guide to the CARES Act	U.S. Senate Small Business Committee	The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security(CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain nonprofits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.	Click here for the guide
Emergency Loan and Checklist guide for Small Business (CARES guide)	The U.S Chamber of Commerce has prepared a guide and checklist to help you navigate the CARES Act.	The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, the initiative provides 100% federally guaranteed loans to small businesses.	Click here for the guide
List of Essential Workers		On March 19, 2020, Governor Newsom issued Executive Order N-33-20 directing all residents immediately to heed current State public health directives to stay home, except as needed to maintain continuity of operations of essential critical infrastructure sectors and additional sectors as the State Public Health Officer may designate as critical to protect health and well-being of all Californians.	Click here for a list
Small Business Paycheck Protection Program SBA.gov Reopened April 27th.	The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.	Funds are provided in the form of loans that will be fully forgiven when used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll). Loan payments will also be deferred for six months. No collateral or personal guarantees are required. Neither the government nor lenders will charge small businesses any fees.	Starting April 3rd Click here to apply

COVID -19 Business Resource List

REOPENING: CURRENT STAGE 2.5 CLICK HERE FOR DETAILS

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