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  • Resources for Your Business from SBA

    Resources, including SBA Economic Injury Disaster Loan and Paycheck Protection Q&A

    EIDL Reconsideration Q&A

    If you missed the EIDL Decline & Reconsideration Webinars featuring Corey Williams, Public Information Officer, Office of Disaster Assistance, you can access the recordings here.

    PPP Extension

    The Paycheck Protection Program resumed accepting applications July 6, 2020, at 9:00 AM EDT in response to the Paycheck Protection Program Extension Act. The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020. 

    SBA Offers Disaster Assistance to California Businesses and Residents Affected by Civil Unrest

    Low-interest federal disaster loans are available to California businesses and residents affected by civil unrest that began May 26, 2020. The disaster declaration makes SBA assistance available in Kern, Los Angeles, Orange, San Bernardino and Ventura counties. 

    In response to the Coronavirus pandemic, for this disaster SBA will establish a virtual Disaster Loan Outreach Center to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their electronic loan application.

    Virtual Disaster Loan Outreach Center:

    Mondays – Fridays
    8 a.m. – 4:30 p.m.
    (916) 735-1500

    These services are only available for the California disaster declaration as a result of civil unrest that began May 26, 2020, and not for COVID-19 related assistance. For the full news release, click HERE.

    New EZ & Revised Full Forgiveness Application for PPP

    The U.S. Small Business Administration, in consultation with the Department of the Treasury, posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, signed into law by President Trump on June 5, 2020. In addition, the new EZ application requires fewer calculations and less documentation for eligible borrowers. Both of these topics will be discussed in today's call.

    EIDL Portal Reopened!

    The Economic Injury Disaster Loan (EIDL) application portal is now OPEN TO ALL eligible small businesses, non-profits, and agricultural businesses impacted by COVID-19. Click HERE to learn more & apply for Disaster Assistance!