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IT'S A RACE FOR MONEY | HOW TO GET YOUR GOV MONEY NOW | SBA Paycheck Protection

IT'S A RACE FOR MONEY | HOW TO GET YOUR GOV MONEY NOW | SBA Paycheck Protection HOW TO GET YOUR GOVERNMENT MONEY NOW:

SBA loans:




CA 16332 -01 SBA Offers Disaster Assistance to California Small Businesses Economically Impacted by the Coronavirus (COVID-19)
SACRAMENTO, Calif. – The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to California small businesses suffering as a result of the Coronavirus (COVID-19),

“Small businesses, private non-profit organizations of any size, small agricultural cooperatives that have been financially impacted as a direct result of the Coronavirus (COVID-19) since Jan. 31, 2020, may qualify for Economic Injury Disaster Loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred,” .
Eligibility for Economic Injury Disaster Loans is based on the financial impact of the Coronavirus (COVID-19). The interest rate is 3.75 percent for small businesses. The interest rate for private non-profit organizations is 2.75 percent.
Applicants may apply online, receive additional disaster assistance information and download applications at Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email for more information on SBA disaster assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
The deadline to apply for an Economic Injury Disaster Loan is Dec. 16, 2020.
For more information about Coronavirus, please visit: Coronavirus.gov.
For more information about available SBA resources and services, please visit: SBA.gov/coronavirus.

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CALIF UNEMPLOYMENT PAYOUTS:
EDD: Employment Development Department State of California:



The EDD provides a variety of support services to people who have lost their jobs or have had their hours reduced due to the impacts of COVID-19 in California.

Latest News for Workers
IMPORTANT INFORMATION: If you have already applied for Unemployment Insurance (UI) benefits, refer to our step-by-step chart for what to expect through the course of your claim for receiving benefit payments as long as you’re eligible.
As part of the federal CARES Act, the federal government has approved funding for additional UI benefits to workers impacted by COVID 19, including the self-employed. The EDD has received only overarching information from the U.S. Department of Labor but needs further details to finish building the programming for implementing these changes.
Visit this page for more details on these provisions as they become available: the additional $600 on top of the current weekly benefit amount, a new 13-week extension of benefits paid for by the federal government when someone exhausts their regular UI claim, and a brand new Pandemic Unemployment Assistance program which will help the self-employed. The EDD is working quickly with state partners to set up this new program as we await final guidance from the federal government.
For faster processing, read How to Set Up a UI Online Account (DE 2338H) (PDF) to help you apply for benefits.
For help completing the application, call your local America’s Job Center of CaliforniaSM to schedule a phone appointment with an EDD representative.
It takes at least three weeks to process a claim for unemployment benefits and issue payment to most eligible workers. We appreciate your patience.
Federal funds are available to get you back to work quickly, including supportive services for basic needs, such as housing, child care, and transportation costs. For more information, visit COVID-19 Additional Funds for Workers and Businesses.
Latest News for Employers
If you had to close your business or downsize, Governor Newsom’s executive order temporarily suspends the 60-day notice requirement for employers who give written notice to employees and meet other requirements.
If your business is directly affected by COVID-19, you can request up to a 60-day extension to file your state payroll reports and deposit state payroll taxes without penalty or interest. Include the impact of COVID-19 in your written request for the extension. Your request must be received within 60 days from the original past-due date of the payment or return.
Federal funds are available to help businesses in the Los Angeles region facing layoffs and closures and their affected workers. For more information, visit COVID-19: Additional Assistance Funds for Workers and Businesses.

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