On Thursday, April 2nd, Governor Newsom’s
press conference included the following highlights:
1) Website established
for businesses COVID19.CA.GOV
provides information on grant, loans, unemployment insurance, job search
and construction directives.
2) GRANT PAY CHECK PROTECTION PLAN — APPLICATIONS DUE
04/03/20!!!!!!!!! THIS IS GRANT FUNDED; NO PAYBACK. Go to the website for more information. The
grant is for up to $10Mil but there is a fee.
3) SBA Loans are
available – First go to sba.gov to determine if
you’re covered under SBA for disaster loan. You need your NAICS# and your
receipts over last 3 years. Calculator will determine if you’re covered. They have
information for businesses with 500 employees or less, and, for those who have
more than 500 employees. See below for how to calculate employee count.
4) IBank provides
5) EDD – Unemployment
insurance – provides for $40 to $450/week plus bonus $600/week for 4 months.
6) Jobs – onwardca.org
website matches individuals with job
opportunities throughout the state. Four areas hiring today are
healthcare, agriculture, logistics and grocers.
YOU NEED TO KNOW/////
established directives – go to the COVID19.CA.GOV site, but in addition to the
state directives six counties ruled that nonessential construction must stop
through at least May3 because of the coronavirus. The six counties are
Alameda, Contra Costa, Marin, San Francisco, San Mateo and Santa Clara.
Commercial prohibited. Only residential construction that includes at
least 10% affordable units is permitted to continue. Construction on a
single-family home may continue only if the home was already being built and
the work is necessary to put it in a safe condition for the rest of the
stay-at-home order. Other permitted construction:
maintenance and operation or repair of essential infrastructure
associated with health care operations
works projects if designated as essential by the lead governmental agency
and temporary housing but not hotels or motels
or repair necessary to ensure that residences are safe, sanitary or
(SF Chronicle and
CARES ACT SPOTLIGHT
- The Coronavirus Aid, Relief,
and Economic Security (CARES) Act passed through both Houses of Congress and
was signed into law last week (3/27/20).
- $2 Trillion in
- Significant resources
available to assist local governments, small businesses and non-profit organizations
in responding to the COVID-19 pandemic. Many kinds of relief are available
including both grants and loans.
- $350 billion in
funding that will provide zero-fee loans of up to $10 million, with up to 8
weeks of average payroll and other costs forgiven in the business retains its
employees and their salary levels.
- Emergency Economic
- $10 billion in funding
to provide an advance to SBA applicant small businesses and non-profits that
apply for economic injury disaster (EIDL) loans within 3 days of applying.
- $562 million to ensure
that SBA has the resources to provide EIDL to businesses that need financial
- Economic Development
- $1.5 billion for
economic adjustment assistance, to be competitively awarded across the country
with states, local governments, economic development districts, universities
and other non-profits eligible to apply.
- Small Business
Development Centers of Northern California has extensive resources available
- Visit: https://www.norcalsbdc.org/covid‐19
Contra Costa Workforce
California Health Corps
Small Business Administration (loan information)
ASSOCIATION – CALUCLATING # EMPLOYEES
The information I
found for calculating employees for the SBA can be found at:
121.106 How does SBA calculate # employees:
(a) In determining a concern’s number of employees,
SBA counts all individuals employed on a full-time, part-time, or other basis.
This includes employees obtained from a temporary employee agency, professional
employee organization or leasing concern. SBA will consider the totality of the
circumstances, including criteria used by the IRS for Federal income tax
purposes, in determining whether individuals are employees of a concern.
Volunteers (i.e., individuals who receive no compensation, including no
in-kind compensation, for work performed) are not considered employees.
(b) Where the size
standard is number of employees, the method for determining a concern’s size
includes the following principles:
(1) The average number of
employees of the concern is used (including the employees of its domestic and
foreign affiliates) based upon numbers of employees for each of the pay periods
for the preceding completed 12 calendar months.
(2) Part-time and
temporary employees are counted the same as full-time employees.
(3) If a concern has not
been in business for 12 months, the average number of employees is used for
each of the pay periods during which it has been in business.
(4)(i) The average number
of employees of a business concern with affiliates is calculated by adding the
average number of employees of the business concern with the average number of
employees of each affiliate. If a concern has acquired an affiliate or been
acquired as an affiliate during the applicable period of measurement or before
the date on which it self-certified as small, the employees counted in
determining size status include the employees of the acquired or acquiring
concern. Furthermore, this aggregation applies for the entire period of
measurement, not just the period after the affiliation arose.
(ii) The employees of a former
affiliate are not counted if affiliation ceased before the date used for
determining size. This exclusion of employees of a former affiliate applies
during the entire period of measurement, rather than only for the period after
which affiliation ceased. However, if a concern has sold a segregable division
to another business concern during the applicable period of measurement or
before the date on which it self-certified as small, the employees used in
determining size status will continue to include the employees of the division
that was sold.
[61 FR 3286, Jan. 31, 1996,
as amended at 69 FR 29203, May 21, 2004; 84 FR 66579, Dec. 5, 2019
Go to: small business website- to
qualify as a small business there is a limit on annual receipts- they have a quick
calculator that will determine if based on your employer class you are covered.