Business & Tech
Venice Coronavirus Business & Individual Resources
This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.
August 25, 2020
TIME SENSITIVE
- LA County COVID-19 Rent Relief
- Accepting applications August 17 - 31
- LA County COVID-19 Rent Relief is open to renters in Los Angeles County. Eligible renters must qualify based on income and have struggled to pay rent, due to the COVID-19 pandemic.
- More information
- Apply here
- LA Regional COVID-19 Recovery Fund – ROUND 4 OPEN 8/31
- Round 4 open Monday, August 31st
- Adding an additional grant opportunity for for-profit entities with gross revenues of $1,000,000-$5,000,000. Eligible entities will receive a $25,000 grant.
- 501C6 entities are now eligible to apply!
- More info: https://www.lacovidfund.org/
ONGOING
- City of Los Angeles: LA Al Fresco
- The City is offering streamlined, immediate approval for eligible businesses to provide outdoor seating in the following areas: sidewalks, private parking lots, street parking spaces, lane closures, street closures.
- More information
- Apply here
- SBA COVID-19 Resources for Small Businesses
- Updated 7/21/20
- A rundown of the financial programs and guidance available through the SBA for small businesses recovering from the COVID-19 pandemic.
- View here: https://www.sba.gov/blog/covid-19-resources-small-businesses
- SBA Paycheck Protection Program – DEADLINE EXTENDED
- New deadline to apply: August 8, 2020
- This loan program provides loan forgiveness for retaining employees by temporarily expanding the traditional SBA 7(a) loan program.
- More info & apply here: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program
- SBA Disaster Assistance due to civil unrest
- Disaster recovery loans from the U.S. Small Business Administration (SBA) are now available to all LA County small business owners and nonprofits who suffered physical damage or economic injury due to the recent civil unrest that began on May 26, 2020.
- Applications for Property Damage are due by August 17, 2020. Applications for Economic Injury are due by March 17, 2021.
- Apply Online: applicants may apply online, receive additional disaster assistance information & download applications at disasterloanassistance.sba.gov.
This press release was produced by the Venice Chamber of Commerce. The views expressed are the author's own.