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Tips, advice, and news from Inland Empire to help you start, run, and grow your business.

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  • Thu, April 09, 2020 11:44 AM | Sandra Arreola (Administrator)

    An accurate count is critical to communities across the country. Don't let misinformation keep your friends and family members from responding. The results of the 2020 Census will help determine how hundreds of billions of dollars in federal funding flow into communities every year for the next decade. Funding shapes many different aspects of every community, no matter the size, no matter the location.

    Join us for the 2020 Census Webinar to learn more.

    Friday, April 10, 2020 | Census Webinar

    Census Toolkit for Business Owners in California

  • Fri, April 03, 2020 2:51 PM | Sandra Arreola (Administrator)

    California’s network of small business support centers help businesses figure out which loans are best for them, develop resiliency strategies, and find other resources. These centers are deployed to respond in disasters. Please click here to find the center nearest you.


    Check these links at regular intervals, as guidance continues to evolve: 

    Government-backed loan programs are available, including special disaster assistance at the state and federal levels: 

    U.S. SBA: 

    • Economic Injury Disaster Loans (EIDL) are available to all California counties, up to $2 million per business, and now include an Emergency Economic Injury Advance of up to $10,000 upon request within three days of applying for EIDL. To apply directly online, go to the SBA Website HERE. 24hr SBA Customer Service Line: 1-800-659-2955 / 1-800-877-8339 (TTY), or  by email at: disastercustomerservice@sba.gov
    • Paycheck Protection Program offers cash-flow assistance with a 100% federally guaranteed loan at a max of 2x the average monthly payroll costs from the last year plus an additional 25% of that amount with a max of $10 million to employers who maintain payroll. Loan forgiveness will be available on allowable expenses – but 75% of the forgivable amount must be for payroll. The program will be available through SBA's 7(a) lenders (banks, credit unions, nonprofit lenders). Small businesses and sole proprietors can start applying April 3rd and independent contractors and self-employed can apply April 10th. Match to your lender HEREMore details HERE.
    • Small Business Debt Relief - if you are a current borrower under SBA 7(a) not through PPP, 504 loan program or a microloan, you are eligible for debt relief and SBA will cover all loan payments for 6 months. View all of SBA's programs HERE.

    Additionally:

    If you are an employer, please see the following, most frequently sought resources:

    Financial Relief
    Consumers and homeowners may be eligible for financial relief after contacting their financial institution. Citigroup, JP Morgan Chase, US Bank, Wells Fargo, and nearly 200 state-chartered banks, credit unions, and servicers have committed to providing relief for eligible consumers and homeowners in California in the form of mortgage-payment forbearances of up to 90 days: https://dbo.ca.gov/2020/03/25/covid19/

    • Residential eviction protections are covered here: https://covid19.ca.gov/get-financial-help/ Issued a statewide moratorium on residential evictions for renters who cannot pay their rent, from March 27 and through May 31, 2020.
    • Commercial eviction protections: On March 16, Governor Newsom authorized local governments to halt evictions, slow foreclosures, and protect against utility shut offs. The protections are in effect through May 31, 2020, unless extended. The order also requests banks and other financial institutions to halt foreclosures and related evictions during this time period.

    Tax Relief

    • State and Local Taxes, and Sales Tax: CDTFA is providing a 90-day extension for tax returns and tax payments for all businesses filing a first-quarter return for less than $1 million in taxes. No request is necessary to take this extension. Small businesses will have until the July 31, 2020 to file their first-quarter returns. 
    • State Payroll Taxes: 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.
    • EDD Taxpayer Assistance Center:

    Toll-free from the US or Canada: 1-888-745-3886
    TTY: 1-800-547-9565
    Outside the US or Canada: 1-916-464-3502

    • Business Tax Relief

    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.

    We encourage you to continually check your county’s websites for local new loan programs, resources and language translations. We know that now, more than ever, businesses and entrepreneurs need our support to build resiliency. We will keep you on future list serves with updated information.  

  • Mon, March 30, 2020 6:13 PM | Sandra Arreola (Administrator)


    Coronavirus Update: Emergency Paid Sick Leave and Paid FMLA- Webinar

    April 3, 2020 (10AM-11AM PDT)


    HR Webinar- Layoffs, Furloughs, and More

    April 10, 2020 (10AM -12Noon PDT)


    Remote Workers During Pandemic Crisis- Webinar

    April 17, 2020 (10AM-12PM PDT)


    Leadership During a Crisis

    April 24, 2020 (10AM-12PM PDT)


    Crucial Conversations In The Workplace

    May 1, 2020 (10AM-12PM PDT)

  • Mon, March 30, 2020 12:49 PM | Sandra Arreola (Administrator)

    The Coronavirus Aid, Relief and Economic Security (CARES) Act, also known as phase III of the COVID-19 federal response, was signed by the president on March 27. The CARES Act provides almost $2 trillion of stimulus to individuals and $349 billion in loans to small businesses, including auto dealerships. Known as The Paycheck Protection Program, these loans will be forgiven if payrolls are maintained through the COVID-19 crisis and afterwards. The U.S. Chamber of Commerce has created a guide to help small businesses and self-employed individuals figure out if they qualify for The Paycheck Protection Program. Click here for details (click here to PDF).

  • Fri, March 27, 2020 3:50 PM | Sandra Arreola (Administrator)

    The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19).

    Upon a request received from a state's or territory's Governor, SBA will issue under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, an Economic Injury Disaster Loan declaration. The SBA's Office of Disaster Assistance is working with the State of California to complete this step.

    Once SBA makes an Economic Injury Disaster Loan (EIDL) declaration in response to a Governor's request, small businesses in primary declared counties, as well as contiguous counties, will be able to apply online for EIDL assistance at SBA.gov/disaster.

    SBA continues to assist small businesses with accessing federal resources, such as working capital loans and counseling, and navigating their preparedness plans through our network of 68 District Offices and numerous Resource Partners located around the country. Find more information on the SBA's available resources at: SBA.gov/Coronavirus.

    SBA also provides disaster assistance loans to those affected states or territories following a declared disaster. Once a Governor makes a formal request to SBA certifying that at least five small businesses in a designated area have suffered substantial economic injury as a result of the Coronavirus, the SBA will quickly review the request and if the Administrator then issues an Economic Injury Disaster Loan (EIDL) declaration, the agency will be able to provide Economic Injury Disaster Loans of up to $2 million per small business. These loans can provide vital economic assistance to small businesses to help overcome the temporary loss of revenue they are experiencing. Find more information on the SBA's Economic Injury Disaster Loans at: SBA.gov/Disaster.

    Small businesses are encouraged to do their part to keep their employees, customers and themselves healthy. The Centers for Disease Control and Prevention (CDC) offers the most up-to-date information on COVID-19, as well as Guidance for Businesses and Employers to Plan and Respond.

    Economic Injury Disaster Loan details:

    • Any such Economic Injury Disaster Loan assistance declaration issued by the SBA makes loans available to small businesses and private, non-profit organizations in designated areas of a state or territory to help alleviate economic injury caused by the Coronavirus (COVID-19).
    • SBA's Office of Disaster Assistance will coordinate with the state's or territory's Governor to submit the request for Economic Injury Disaster Loan assistance.
    • Once a declaration is made for designated areas within a state, the information on the application process for Economic Injury Disaster Loan assistance will be made available to all affected communities as well as updated on our website: SBA.gov/disaster.
    • SBA's Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
    • These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can't be paid because of the disaster's impact. The interest rate is 3.75% for small businesses without credit available elsewhere; businesses with credit available elsewhere are not eligible. The interest rate for non-profits is 2.75%.
    • SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower's ability to repay.
    • SBA's Economic Injury Disaster Loans are just one piece of the expanded focus of the federal government's coordinated response, and the SBA is strongly committed to providing the most effective and customer-focused response possible.
    • For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or email disastercustomerservice@sba.gov.


    SBA To Provide Economic Injury Disaster Loans
    For Coronavirus Related Economic Disruptions

  • Fri, March 27, 2020 3:41 PM | Sandra Arreola (Administrator)



    AmPac's Valued Clients
    If you are seeking deferment, click here for answers.

    SBA Disaster Loans
    These loans are processed by SBA. Click here to learn the process and find the forms you need.

    AmPac Micro and Refinance Loans
    Fill out our easy form to get started and one of our AmPac Champions will contact you!

    Apply Today!

  • Fri, March 27, 2020 3:30 PM | Sandra Arreola (Administrator)

    Visit the CHCC Healthcare Program Homepage to learn more today:

    https://chcchealth.net/


  • Tue, July 02, 2019 12:14 PM | Sandra Arreola (Administrator)
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