Venice Coronavirus Business Resources

Press release from the Venice Chamber of Commerce:

August 18, 2020

TIME SENSITIVE –

• 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
• LA Regional COVID-19 Recovery Fund – ROUND 3 NOW OPEN
  • Round 3 open Monday, August 3 – Friday, August 7
  • The LA Regional COVID-19 Recovery Fund will deploy $3 million in grants available at $5,000 or $15,000 to micro-entrepreneurs, small businesses, and 501(c)(3) non-profits. There are 6 total rounds, with finalists notified after each round. Round 3 is now open through 11:59 pm, August 7, 2020.
  • More info: https://www.lacovidfund.org/
  • Apply here: https://lisc.tfaforms.net/57
• 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.