There is no question that COVID-19 is going to have a major impact on the lives of all small business owners. We’ve pooled the latest and greatest tips, tricks, resources, guidance suggestions, loans, etc. below. This list will be updated regularly and we hope it will help provide valuable information in these uncertain times.
COVID Response & Guidance for Small Business Owners
Center for Disease Control and Prevention (CDC)
US Department of Labor, Occupational Safety and Health Administration (OSHA)
Small Business Administration (SBA)
Small Business Majority (SBM)
US Chamber of Commerce
- Coronavirus Small Business Guide
- Resources to Help Your Small Business Survive the Coronavirus
- Coronavirus: 8 Things Your Small Business Needs to Do
Emergency Grants/Loan Support
- Plan to Implement Coronavirus-related Paid Leave for Workers and Tax Credits to Small and Midsize Businesses to Swiftly Recover the Cost of Providing Coronavirus-related Leave
Small Business Administration
- Disaster Loan Assistance: for businesses, private nonprofits, homeowners and renters
City of Los Angeles
- Micro-loan Program: Provides financing between $5,000 – $20,000 for small businesses that have been affected by COVID-19
- Small Business Grants Program: Facebook is offering $100M in cash grants and ad credits to help up to 30,000 small business owners
- US Loan Program: Kiva has expanded their eligibility requirements for US businesses, raised their maximum loan amount to $15,000, and new borrowers have access to an increased grace period of 6 months
CDC Small Business Finance
- Quick Deferment Program: offers a temporary monthly loan payment deferment designed for businesses whose revenues are being affected by COVID-19
Pacific Community Ventures
Other Kinds of Support
Small Business Majority
- Has proposed an immediate stimulus relief package along with other measures to help small businesses.
Employment Development Department
- Provides a variety of services for employers who anticipate a reduction of work hours or potential closure or layoffs as a result of Coronavirus.
- Employers can receive 60 day extensions for payroll tax;
- Employers can apply for the Unemployment Insurance “Work Sharing Program” if reduced production, services, or other conditions cause them to seek an alternative to layoffs. The program helps employees whose hours have been reduced;
- A rapid response team is available to help avert layoffs, and provides onsite services to employers.