COVID-19: Updates & Resources
The Lomita Chamber continues to monitor local city, county and federal orders, as well as gather resources to help our businesses and community. We hope these are helpful.
NOTE: INFORMATION CHANGES FREQUENTLY. WE’RE DOING OUR BEST TO STAY ON TOP OF THESE CHANGES. SOME RESOURCES OR UPDATES MAY HAVE CHANGED SINCE PUBLISHING. PLEASE USE COMMON SENSE AND OBSERVE ALL CURRENT ORDERS FROM PUBLIC HEALTH OFFICIALS.
If you need resources or support, please contact the Chamber at firstname.lastname@example.org. We are working with our Local, County, State and other leaders and Partners to provide information and help.
State of CA COVID-19 Grant Relief Program
The State of California has a new grant opportunity available for small businesses. Visit their website to learn eligibility requirements and get your documents ready.
The application opens on Wednesday, December 30 and closes on Friday, January 8 – EXTENDED TO JANUARY 13, 2021
If you have questions about this grant, the SBDC Network is hosting free webinars in multiple languages to provide you with answers and help you prepare to apply.
PPP Loans Open
The Small Business Administration launched an online portal for eligible businesses to apply for Paycheck Protection Program (PPP) loans based on the latest Covid-19 stimulus package.
You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating.
First-time borrowers are welcome to start submitting applications now.
Second-time borrowers can start requesting a new loan starting on Wednesday, January 13.
If you wish to begin preparing your application, you can download PPP borrower application forms to see the information that will be requested from you when you apply with a lender:
Grant Opportunity: Found/L.A.
Brick and mortar businesses in LA County with under 20 employees, can apply for the Found/LA grant (not a loan). Grants will be between $5,000 and $25,000 depending on the size of the business. Eligibility and information can be found at the website.
Round 2 – Application Window Opens: Monday, January 11, 2021 @ 9:00am
Application Window Closes: Sunday, January 17, 2021 @ 11:59pm
Winners Selected: Monday, January 18, 2021
Keep LA County Dining Grant Program Guide
- Up to $30,000 for working capital assistance for eligible restaurants
- Application period opens December 3 and closes once 2,500 applications are received or Sunday, December 6, 2020
- Below is a checklist and sample Impact Statement letter to help you complete your application
- Eligible if you have a fixed location, less than 25 employees, no more than 5 locations, and have a current inspection grade of “C” or better.
To apply or find more info on this grant, please visit: https://keeplacountydining.lacda.org/
New California Small Business Fund
The California Rebuilding Fund will support California’s small businesses by offering flexible, affordable capital and free advisory services through community-based lenders. This program is built to be a resource in the market for the next year as businesses pivot and recover. The Fund was developed as a result of recommendations from the Governor’s Task Force on Business and Jobs Recovery, which emphasized the need to ensure that this economic recovery is equitable.
The California Rebuilding Fund is funded with support from IBank and initial private funders including Wells Fargo, First Republic Bank, the Grove Foundation, Kapor Center, the Panta Rhea Foundation and generous individual donors. Community Reinvestment Fund’s Connect2Capital platform is hosting applications at www.CALoanFund.org.
PPE Unite: Free PPE for LA County Small Businesses
A joint effort to give small business owners and their employees access to much-needed personal protective gear. Get your 30 day supply of free Personal Protective Equipment to keep your business compliant and employees safe. Sign up now to get PPE while supplies last. Get Info Here at PPEUnite.org
Reopening Protocols & Guidelines
California Department of Public Health
The following guidelines are provided by the California Department of Public Health for different business sectors and industries to help with reopening. Statewide industry guidance can be accessed here.
The Reopening Protocols, COVID-19 Surveillance Interactive Dashboard, Roadmap to Recovery, Recovery Dashboard, and additional things you can do to protect yourself, your family and your community are on the Public Health website www.publichealth.lacounty.gov.
COVID-19 Safety Compliance Certificate Program
Business owners can take this training to receive a COVID-19 Safety Compliance Certificate to be placed at all public entrances to their facility. This certificate acknowledges that their facility is following all the required Public Health COVID-19 Protocols. Employees can also watch this training to learn more about the Protocols and the steps their employers must take to offer required workplace protections.
Local, State & Federal Resources
- LA County Public Health Dept.
- Guidance for Food Facilities
- City of Lomita
- Lomita Coronavirus information and udpates.
- Lift Up Lomita
- Small Business Development Center at El Camino College
- Small Business Administration (SBA) Economic Injury Disaster Loan
- SBA Guidance for employers to plan and respond to COVID-19
- Centers for Disease Control (CDC)
- Guidance on Preparing Workplaces for COVID-19 (Dept of Labor, OSHA)
- Cal/OSHA Guidance on Requirements to Protect Workers from Coronavirus
- Employment Development Department (EDD) – Reduced Work Hours – Unemployment Insurance Work Sharing Program – alternative to layoffs. Employer Info and Information for Workers.
- EDD Tax Assistance – request a 60-day extension to file payroll and more. Call the EDD Taxpayer Assistance Center 1-888-745-3886 (toll-free).
- CA Infrastructure and Economic Development Bank (IBANK)
Other Funding Options & Resources
- State of California Funding Assistance and Resources for Small Businesses
- LA COVID19 Fund
- Facebook Small Business Grants Program
- James Beard Foundation Food and Beverage Industry Relief Fund
- Kiva US Small Business Loans
- Opportunity Fund COVID-19 Small Business Relief Fund
- Restaurant Workers Community Foundation COVID-19 Relief Fund
- The Main Street Initiative by Mainvest
- Verizon and LISC Small Business Recovery Fund
- Jewish Free Loan Association
- LA County Employer Assistance Grant Fund information
- Main Street Lending Program – speak to your bank about this program
- Save Small Business Fund – 90717-based businesses are eligible!
Business Risk Planning – Small Business Development Center (SBDC)
Advisors are available at the Small Business Development Center at El Camino College to help businesses adapt to the current situation. We encourage businesses to schedule a virtual consultation with the SBDC by calling 1-866-588-SBDC.
Their advisors can help you walk through important decisions you may need to make now related to cash flow, deferred payments and assistance for employees due to business interruption.
SBDC Webinars: PPP Forgiveness, Reopening Resources & Protocols
The LA SBDC is pleased to partner with LA County to detail reopening protocols and resources for small businesses. Each week in the 4-part series they focus on a different business type.
Coronavirus Small Business Loan Info
3 easy-to-understand guides to all federal programs and aid for small business coronavirus assistance:
- 10 Commonly Asked Coronavirus Small Business Loan Questions
- How to Get a Coronavirus Emergency Paycheck Protection Loan
- A Step-by-Step Guide on How to Apply for an SBA Economic Injury Disaster Loan
See more coronavirus resources provided by US Chamber of Commerce
Starting April 3, small businesses and sole proprietorships can apply for loans. Starting April 10, independent contractors and self-employed individuals can apply for loans. There is a funding cap, so the Treasury Department recommends applying as soon as possible.
- Coronavirus Small Business Emergency Business Loan Guide & Checklist (Spanish version here)
- One-sheet guide to SBA’s Economic Injury Disaster Loans (EIDL)
- One-sheet guide to employee retention tax credit for COVID-19 impacted employers
- Apply for SBA EIDL here
Paycheck Protection Program (PPP)
U.S. Department of Treasury issued additional guidance regarding the Paycheck Protection Program. Links to the resources provided by Treasury can be found, or on their webpage.
- A top-line overview of the program can be found here.
- If you’re a lender, more information can be found here.
- If you’re a borrower, more information can be found here.
- The application for borrowers can be found here.
As the Paycheck Protection Program (PPP) and Small Business Administration’s Economic Injury Disaster Loan (EIDL) programs continue to process applications, some businesses have received funding while others are waiting. It is advisable to continue to speak with your bank or find a bank that is accepting new clients to assist you with the PPP process and continue to follow up with the SBA (or work with our partners at SBDC) for the status of your EIDL loan application.
What can you do today…
- Overcommunicate with your customers and clients. Ask them what they need.
- Know this is temporary. It’s constantly shifting. You won’t have all the answers and it’s okay to say I don’t know.
- Prepare your business financially by walking through worst-case scenarios projecting out over the next 6 to 8 weeks or longer in order to know what you can do today from a cash flow perspective. Even if this does blow over sooner than later, it’s better to plan and take precautions.
- Partner together with vendors to find ways to help defer expenses or offer support or trade services if cash flow is going to be a concern.
- Think about how you can offer services virtually or via delivery (i.e., Zoom Zumba classes, virutal open box parties to showcase new merchandise for online sales, or curbside and food delivery services).
- Rather than cancelling service, think about the small businesses that won’t be here after the pandemic is over if we don’t invest in them. If you’re in a financial position to continue to pay for services, please do.
We will get through this together. Your Chamber is here to help.
Please contact us via email email@example.com or call 424-378-7111.
Support local businesses safely!
This content is for information purposes only and information provided should not be considered legal, accounting or tax advice or a substitute for obtaining such advice specific to your business.