COVID-19 Resources

U.S. Department of the Treasury
Office of Public Affairs

Additional Guidance Regarding the Paycheck Protection Program: Applicable Affiliation Rules

For more information and updates, visit Treasury.gov/CARES and SBA.gov/PayCheckProtection.

El Movimiento Adelante y Self Made (Adelante Emprendedora) lanzan una serie de seminarios web que conecta a Mujeres Propietarias, Pequeños Negocios y Contratistas Independientes con recursos a nivel Federal y Estatal.
Únase a nuestro primer seminario web
con la participación de:
Victoria Guerrero, Directora de Distrito de la Administración de Pequeños Negocios de Estados Unidos (SBA)
Entrevistada por Nely Galán
¡COMPLETEMOS JUNTOS LOS FORMULARIOS DEL PPP!
La Máxima Clase sobre los Programas y Aplicaciones de ayuda de la SBA para COVID-19 dirigido a Mujeres Propietarias y Pequeños Negocios
¡Es una sesión de trabajo! Completaremos juntos la aplicación del Programa de Protección de Salarios o Paycheck Protection Program (PPP), seguido por una sesión de preguntas y respuestas EN VIVO.
Jueves, 16 de Abril, 2020
12:00pm PST
¡Haz clic aquí para registrarte!
Después de inscribirte, recibirás una confirmación por correo electrónico que incluye un enlace para descargar la aplicación.
Si se completa la capacidad del seminario web por favor envía un correo a info@becomingselfmade para recibir una grabación.

Not all business will benefit but you can check if your business is eligible by going to the site

The LACDA Small Business Recovery Loan Program is available exclusively to businesses in the target area. Eligible businesses must have 25 or fewer employees. Businesses must have been operating for a minimum of 2 years. Non-profit organizations are not eligible. Loan maximum amount is $20,000. Interest rate is 2.44%. Loan term is 5 years, no payments of principal or interest due for the first 12 months. No collateral is needed. This is loan, not a grant. All loans will be underwritten.

To access our online application and for additional details please visit: https://wwwa.lacda.org/economicdevelopment/business-recovery-loans.

Should you have any questions or concerns, please feel free to reach out.

Carolina Romo
Economic Development Unit
Community & Economic Development Division
Los Angeles County Development Authority
700 West Main Street
Alhambra, CA 91801
Phone: 626.296.6298
Fax: 626.943.3838
www.lacda.org

In response to small businesses affected by COVID-19, the Los Angeles County Development Authority (LACDA) has created the Small Business Recovery Loan Program (SBRLP).

The SBRLP provides easy to access, timely, and sufficient financial relief to small businesses that are most impacted by an acute downturn in revenue caused by an unforeseen emergency outside their immediate control. This program will ensure businesses can keep their employees and businesses afloat during this time of economic hardship and prevent a chain reaction of reduced spending, inability to pay bills, job losses, or even closure. Below are key SBRLP components:

Eligibility:

Any forprofit business with 25 or fewer employees
Businesses located within the unincorporated Los Angeles County
Businesses located within cities participating in the County’s Community Development Block Grant Program .
Loan Proceed Uses:

Working capital, including payroll or rent.
Loan Amount:

The maximum loan amount is $20,000
Term:

Five (5) years
Interest:

Interest rate currently at 2.44% (dependent upon underwriting)
Other Terms:

Principal and interest will be deferred up to 12 months. Loans may be prepaid, in part or in whole, at any time without penalty. There is no loan origination fee and no collateral is needed to secure the loan.
The link to SBRLP website and online application follows: https://wwwa.lacda.org/economicdevelopment/business-recovery-loans

Dear Business Owner,

The County of Los Angeles in partnership with Goldman Sachs 10,000 Small Businesses initiative and Community Reinvestment Fund, USA (CRF) has created a new application portal for small businesses seeking to apply for the federal Paycheck Protection Program (PPP), a forgivable loan product created by the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act.

The online portal will open TODAY, April 15th at 1pm and can be accessed at https://crfusa.com/ppp/la-ppp-inquiry/.

Business owners who access the application portal will initially submit an inquiry with CRF. Business owners should be prepared to provide information on their business. After successfully submitting an inquiry, loan processers at CRF will follow up directly with business owners to obtain necessary documents and information to process the loan request. All eligible business owners who have been unable to apply for a PPP loan through a bank or other financial institutions are encouraged to submit an inquiry. We urge you to apply at your earliest opportunity. If you have any questions, please contact the Los Angeles County Disaster Help Center at 833-238-4450.

If you have called my office with a concern about your unemployment benefits in the past couple of weeks, you know that we are working hard to ensure that all of your questions are answered. The Employment Development Department (EDD) has been overrun by calls just like yours and people clinging to hope, just like you. It is clear that patience has run out and I think it is important to offer what clarity I can provide.

First, I want to remind us all that no one could have predicted the toll that this pandemic would take on each of us. From its effects on small businesses to emotional and physical damages, we have all experienced frustration, loss and anxiety. This is no excuse for the performance of the EDD, but it is certainly a factor to be considered.

My office has been working tirelessly with EDD, late into the night and through weekends, to submit every report, story and question as quickly as possible. Simply put, the system has been overloaded with millions of applicants and not enough staff to assist in those cases.

Regardless, we are still here to help you navigate the system as efficiently as possible. Below are three circumstances you may currently find yourself in.
If you have not yet created an account or started a claim through the EDD website, you can begin one here. It does not matter what kind of Unemployment Insurance (UI) you are eligible for, just fill out the form and the EDD will determine which you are best suited for.

If you already have an EDD account or have submitted an application without receiving your benefits, log into your account on the UI Online portal and select the option to “File a New Claim.” EDD will reexamine your case and should be in communication with you further. If they do not contact you or send confirmation within 5 business days, contact my office.

If you do not qualify for state unemployment insurance and meet one or more of the following conditions, you may be eligible to receive PUA benefits:

You are a sole proprietor, independent contractor, or gig economy worker
You previously exhausted your unemployment benefits
You do not have a sufficient work history or enough wages to establish a regular unemployment insurance claim

Please Be Aware: If you qualify for PUA and have submitted an application prior to April 28, you must submit a new claim. Any application you submitted before Tuesday, April 28 will not be automatically processed for PUA eligibility.

As you navigate the EDD website or experience issues, please share your concerns with me and my team. We want to hear from you and pass your feedback to the EDD.

We understand that these times are painful and frustrating; we are here to help you and give you a voice. Please do not hesitate to call with questions or concerns throughout the process of applying for your benefits. You have worked hard for them, let us advocate for you.

Feel free to send an email to Assemblymember.Lackey@asm.ca.gov or give my office a call at 661.267.7636. We are in this together.

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