COVID-19 Business Resources

It’s heartbreaking to think of the struggle that many of our local businesses are facing during this pandemic. We applaud you for your strength and efforts to continue to provide your services through online, remote, and take out options.  Many of you have found ways to leverage your services to assist others in our community too. Thank you!

There are several resources evolving from the County, State, and Federal levels for the business community.  As these continue to be developed, we will work to provide you with links and connections to find assistance that may be appropriate for your business on this webpage.   

The Chamber of Commerce has also been working tirelessly to be a conduit of information for our businesses and community.  

In addition, I am happy to continue to be a resource for our current and perspective businesses.  Please do not hesitate to contact me directly with questions, or for assistance getting connected to a resource.  Hang in there. I wish you all health, wellness, and resiliency.

Warm regards, Monica Renn, Economic Vitality Manager 

COVID-19 Resource Links for Businesses

County of Santa Clara Eviction Moratorium Includes Small Businesses Santa Clara County has issued an Ordinance covering March 24 through to May 31, unless otherwise extended, ordering that small businesses located across the County renting or leasing real property for commercial, business, income-producing, or otherwise non-residential use, cannot be evicted for nonpayment of rent if such business suffered substantial loss of income due to COVID-19. Refer to County Ordinance NS-9.287 for further details. The County’s ordinance relies on U.S. Small Business Administration (SBA) definitions of small businesses based on industry. Find detailed information and an FAQ on the County’s moratorium page.

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Joint Statement by SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin on the Resumption of the Paycheck Protection Program

Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today on the resumption of the Payroll Protection Program (PPP):

“We are pleased that President Trump has signed into law the Paycheck Protection Program and Health Care Enhancement Act, which provides critical additional funding for American workers and small businesses affected by the coronavirus pandemic. We want to thank Leader McConnell, Leader Schumer, Speaker Pelosi, and Leader McCarthy for working with us on a bipartisan basis to ensure that the Paycheck Protection Program is funded so that small businesses can keep hardworking Americans on the payroll.

“The Small Business Administration will resume accepting PPP loan applications on Monday, April 27 at 10:30 AM EDT from approved lenders on behalf of any eligible borrower. This will ensure that SBA has properly coded the system to account for changes made by the legislation.

“The PPP has supported more than 1.66 million small businesses and protected over 30 million jobs for hardworking Americans. With the additional funds appropriated by Congress, tens of millions of additional workers will benefit from this critical relief.

“We encourage all approved lenders to process loan applications previously submitted by eligible borrowers and disburse funds expeditiously. All eligible borrowers who need these funds should work with an approved lender to apply. Borrowers should carefully review PPP regulations and guidance and the certifications required to obtain a loan.

“The Trump Administration is fully committed to ensuring that America’s workers and small businesses continue to get the resources they need to get through this challenging time.”

Learn more about the Paycheck Protection Program

The Governor’s Office of Business and Economic Development 

Known as GO-Biz, the State Governor’s office provides a comprehensive California COVID-19 website: https://covid19.ca.gov/

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Facebook is Awarding $15 million in Grants for Bay Area Small Businesses!

Which businesses are eligible?
  • For-profit
  • 2-50 employees
  • In business for at least one year
  • Experienced COVID-19 related challenges
  • Located in the Bay Area

How much are the individual grants?

  • Grants of $4,000 are being awarded to the selected businesses:
    • $2,500 in cash
    • $1,500 in ad credit on the FB platforms, including Instagram

When may I apply?

  • Applications are now being accepted online
  • Deadline to apply is May 6, 2020
  • Grant money will be awarded about a month after the application period has ended.  

Ready to apply, or need more information?  Visit the Facebook Grants Resource page: www.facebook.com/business/boost/grants  

#boostwithfacebook

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Main Street Lending Program

The Federal Reserve has announced that it is establishing a Main Street Lending Program (Program) to support lending to small and medium-sized businesses that were in good financial standing before the onset of the COVID-19 pandemic. The Program will operate through two facilities: the Main Street New Loan Facility (MSNLF) and the Main Street Expanded Loan Facility (MSELF). Term sheets for each facility providing more information regarding eligibility and conditions can be found below. Follow the link above or visit this website to learn more: https://www.federalreserve.gov/monetarypolicy/mainstreetlending.htm

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Webinar Audio from California Insurance Commissioner, Ricardo Lara

Town staff attended a webinar on Friday, April 17 provided by California Insurance Commissioner Ricardo Lara.  Below is a follow up message from his staff, and call in information if you’d like to listen to the recorded audio.  

Dear Business Leader,

Thank you for joining California Insurance Commissioner Ricardo Lara for a Small Business Insurance Tele Town Hall. Following is the phone number of a complete replay for your use:

Access Number: (866) 207-1041
Access Code: 4385156

The recording will be available through Friday, April 24th. Please feel free to share the information with friends and colleagues who may be interested in the subject. If you need assistance with your insurance claim, please contact the Department of Insurance at: (800) 927-4357 or www.insurance.ca.gov.

The California Department of Insurance is here to help you, your family and your business during his extraordinary time.

Best regards,

Julia Svetlana Juarez, Deputy Commissioner, Community Relations and Outreach

Insurance Commissioner Ricardo Lara

California Department of Insurance

300 South Spring Street, 14th Floor

Los Angeles, California 90013

Office Phone (213) 346-6412

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Small Business Administration: Small Business Guidance & Loan Resources

NOTE: Lapse in Appropriations Notice: SBA is unable to accept new applications at this time for the Paycheck Protection Program or the Economic Injury Disaster Loan (EIDL)-COVID-19 related assistance program (including EIDL Advances) based on available appropriations funding.  EIDL applicants who have already submitted their applications will continue to be processed on a first-come, first-served basis.

SBA Financial Assistance Slideshow Presentation: The SBA provided a series of webinars to share information regarding their business assistance programs during this COVID crisis.  While new applications have been suspended at this time, the SBA is recommending that  businesses not in the process understand the information and prepare should more funding be appropriated.

The Small Business Administration (SBA) has a variety of small business assistance programs.  Visit the link above to learn more about the programs.  Please check their page often.  The programs are continuously evolving.  In addition, the SBA offers business counselors to assist you with your individual questions and needs: find local assistance now.

To register your email address to receive updates from the SBA, visit: https://public.govdelivery.com/accounts/USSBA/subscriber/new?topic_id=USSBA_205?

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The State Treasurer is providing information and resources for local businesses.  Including a Press Release dated 3.23.20 providing information and links to business, food, and tax relief resources.

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The California Labor & Workforce Development Agency (LWDA) is an executive branch agency that provides leadership to protect and improve the well-being of California’s current and future workforce. https://www.labor.ca.gov/coronavirus2019/#chart

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Essential Businesses: Is my business defined as an essential business? 

On March 31, 2020 by order of the Health Officer of Santa Clara County, the Shelter in Place order was extended and included an update to those businesses considered essential.  Please take a moment to review this information carefully to ensure that your businesses is in compliance with the order. The County’s site also offers the opportunity to ask additional/unaddressed questions or share concerns.