This page is intended to provide LAGLCC Members and other local small businesses and nonprofits with financial, operational, and healthcare resources regarding the COVID-19 outbreak.
LAGLCC is currently working to connect with all of our members to hear about how this situation has impacted their business and understand their needs. Email us here to share how COVID-19 has impacted your business.
If you know of a resource which should be added to this page, please contact us here.
Support for Small Business & Nonprofit Employers
Grants & Funds
- US Small Business Administration - several types of low-interest loans are available from the SBA, including Economic Injury Disaster Loans. You will be asked to fill out a simple, one-page Economic Injury Worksheet
- Overview of Program
The main features for small businesses under the passed CARES Act are emergency grants and the EIDL forgivable loan program for companies with 500 or fewer employees. There are also changes to rules for expenses and deductions meant to make it easier for companies to keep employees on the payroll and stay open in the near-term.
Emergency grants: The bill provides $10 billion for grants of up to $10,000 to provide emergency funds for small businesses to cover immediate operating costs.
Forgivable loans: There is $350 billion allocated for the Small Business Administration to provide loans of up to $10 million per business. Any portion of that loan used to maintain payroll, keep workers on the books or pay for rent, mortgage and existing debt could be forgiven, provided workers stay employed through the end of June.
Relief for existing loans: There is $17 billion to cover six months of payments for small businesses already using SBA loans.
You are eligible for if you are:
- A small business with fewer than 500 employees
- A small business that otherwise meets the SBA’s size standard
- A 501(c)(3) with fewer than 500 employees
- An individual who operates as a sole proprietor
- An individual who operates as an independent contractor
- An individual who is self-employed who regularly carries on any trade or business
- A Tribal business concern that meets the SBA size standard
- A 501(c)(19) Veterans Organization that meets the SBA size standard
In addition, some special rules may make you eligible:
- * If you are in the accommodation and food services sector, the 500-employee rule is applied on a per physical location basis
- * If you are operating as a franchise or receive financial assistance from an approved Small Business Investment Company the normal affiliation rules do not apply.
- Los Angeles City Small Business Emergency Microloan Program - the City's Small Business Microloan Program is offering loans ranging from $5,000 to $20,000 with 0-3% interest rates
- The Small Business Finance Center (SBFC) partners with Financial Development Corporations to provide loan guarantees and direct loans for small businesses that experience capital access barriers.
- Resources for small businesses are available through the Office of the Small Business Advocate (OSBA). OSBA has a network of small business centers throughout the state to offer consulting and training and access to capital. Local centers can be found here.
- IBank will issue loan guarantees up to 95 percent of the loan through its partner Financial Development Corporations to help small business borrowers who were impacted by disasters or public safety power shutoffs and who need term loans or lines of credit for working capital. Small businesses, including small farms, nurseries, agriculture-related enterprises and nonprofits that have suffered an economic loss Resources for Businesses and/or physical damage may apply. For more information on how to apply, visit the IBANK website.
- IBank is offering loans from $500 to $10,000 to low-wealth entrepreneurs in the declared disaster and emergency areas through its Jump Start Loan Program.
Many city/county/state government departments have delayed payments, waived penalties and fees, and have offered assistance for any business impacted by COVID-19. Their advice so far is to call them directly and set up a personal plan that suits your needs.
On March 12, 2020, Governor Newson issued an Executive Order in response to the COVID-19 State of Emergency. Pursuant to this Executive Order, through May 11th, the CDTFA has the authority to assist individuals and businesses impacted by complying with a state or local public health official’s imposition or recommendation of social distancing measures related to COVID-19. This assistance includes granting extensions for filing returns and making payments, relief from interest and penalties, and filing a claim for refund.
Learn how to apply for special assistance including filing and payment extensions, and/or relief from interest and penalties.
Resources for California businesses impacted by COVID-19
Employee & Workplace Resources
JOB PORTAL Resource: For those whose jobs have been impacted by COVID-19, this website enables unemployed or underemployed Angelenos to find and apply to job opportunities across all industries, so they can start working right NOW.
What employees are entitled to may be confusing. THIS CHART makes it easier to understand what resources may be available. More information below:
Resources from Our Corporate Partners
- SoCalGas Announces Suspension of Service Disconnections as Part of Company's COVID-19 Response
Southern California Gas Co. (SoCalGas) has announced a suspension of service disconnections to any customers who are having a hard time paying their bill. Read more.
- Charter to Offer Free Access to Spectrum Broadband and Wi-Fi For 60 Days For New K-12 and College Student Households and More
Charter will offer free Spectrum broadband and Wi-Fi access for 60 days to households with K-12 and/or college students who do not already have a Spectrum broadband subscription and at any service level up to 100 Mbps. To enroll call 1.844.488.8395. Installation fees will be waived for new student households. Read more.
The United States Department of Health Occupational Safety & Health Administration has a comprehensive guide for employers which includes impacts in your workplace, specific precautions for vulnerable populations, how to emphasize hygiene and respiratory etiquette, and incorporate routine environmental cleaning practices.
- There are resources on addressing fear and coping with stress, health access and guidance, connecting to free/low-cost resources, legal rights as employees, and more
- Available in english and spanish
- Volunteer opportunity: If you are trans, speak english or spanish, then you can also train to take call shift from home as a volunteer operator
- Donation-based and no one turned away for lack of funds. As of March 17th, 2020, they are taking on 3 free clients.
- QTBIPOC are prioritized
- The Trevor Project: Support network specializing in crisis intervention and suicide prevention. Text START to 678678 for the 24-hour text line or call 1-866-488-7386
- Teenline: Teens helping teens. Non-emergency local hotline for advice, listening ears, or just someone to talk to. Call 1-310-855-4673 from 6pm-10pm or text text TEEN to 839863
- GLBT National Youth Talkline: provides phone, online private on-to-one chat and email peer support, as well as information and local resources for cities and towns across the US. Call 1-800-246-7743
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