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The City is exploring additional resources and measures to alleviate the pressure that you are facing as a Business as a result of COVID-19. We will continue to post new details as they become available. Since this is a fluid situation, check back frequently and Follow us @CityofPS on Facebook, and Twitter for the latest updates.

Below find information and resources to help you during this challenging time.

Federal Resources:

  • U.S. Small Business Administration (SBA) - Disaster Assistance

The SBA provides low-interest disaster loans to help Businesses recover from declared disasters. SBA issued a disaster declaration officially designating Riverside County eligible for the Economic Injury Disaster Loan (EIDL) program.  EIDL loans can provide vital economic assistance to help overcome the temporary loss of revenue Businesses are experiencing. These low interest loans can be made for up to $2 million and may be used to pay for operations such as fixed debts, payroll, accounts payable and other bills that could not be paid due to the impact of COVID-19.  Click here to view full SBA Press Release.

APPLY FOR A DISASTER LOAN ONLINE

 The deadline to apply for an Economic Injury Disaster Loan is Dec. 16, 2020.

For additional SBA information visit: www.sbs.gov/coronavirus

If you have questions or interest in applying for this Federal resource, your contact is:

Christopher Lorenzana, Deputy Director
Orange County / Inland Empire District Office
U.S. Small Business Administration
714-560-7453

  • U.S. Department of Labor

The U.S. Department of Labor has resources to help workers and employers prepare for the COVID-19 virus.  Guidance about employer responsibilities, employee rights and compensatory information is available at U.S. Department of Labor Website and/or call their toll free information and helpline, available 8 a.m. to 5 p.m., 1-866-4USWAGE (1-866-487-9243).

  • Export-Import Bank of the United States (EXIM)

EXIM is announcing relief provisions for exporters and financial institutions located throughout the U.S. that may have been affected by COVID-19 (coronavirus).  The Bank is an independent federal agency that fills gaps in private export finance in order to bolster U.S. job growth.  EXIM provides trade financial solutions and is offering: Working Capital Guarantee Program; Multi-Buyer and Single Buyer Short Term Insurance Program; Medium-Term Single Buyer Insurance Policies Issued to Exporters; Waivers; deadline extensions; and streamlined processing.  For more information visit, EXIM Website.

State Resources:

  • California Small Business Development Center (SBDC) Network has developed a useful guide on COVID-19 to assist Businesses and Employers.  To download the COVID-19 Employer Guide CLICK HERE.

  • Free Coachella Valley SBDC Virtual Business Consulting Appointments

    Not sure where to start? The Small Business Development Center business consultants are here to help you during this time. For the safety and convenience of both parties, they are offering virtual consulting sessions online – all at no cost. Make an appointment to learn more about every application, resource, and question you have to help your business prepare and recover.  Their role is provide the tools, forms and guidance to help businesses submit a complete, well prepared submission online that will have a better chance of prompt processing and loan approval.  For more information sign-up for a consulting appointment or contact the  consultant below:

                                          Sign-up Here For Virtual Consulting Appointment

Mike Pagani
Senior Business Consultant
Coachella Valley SBDC
Workforce Development Center 
44-199 Monroe St., corner Fred Waring Dr.
Indio, CA 92201
Phone: 760-848-4096

  • The California Governor’s Office of Business and Economic Development (GO-Biz) provides many services to Employers affected by COVID-19. For the most up-to-date state resources for Businesses, visit the GO-Biz resource page
  • ***There are alternatives to layoffs that can help employers keep their employees
    when there is a lack of work, or during financial hardship.***
  • Telecommuting

    Employers may be able to avert layoffs or work reduction by offering flexibility in work location and hours through telecommuting. The U.S. General Services Administration website provides an array of resources to help guide employers in offering and managing telecommuting or remote work.
    For more information, visit Resources for Managing Teleworkers.

  • Partial Claims

    Partial claims are for Employees whose Employers want to keep them but have temporarily laid them off or reduced their hours. A partial Unemployment Insurance claim can be used for any claimant who works less than their normal full-time hours, and whose Employers want to keep them.
    For more information, visit Partial Claims.

  • Work Sharing Program

    Employers can apply for the Work Sharing Program if they are looking for alternatives to layoffs due to reduced production, services, or other conditions. This program helps you keep your trained Employees so that when business conditions improve, you can avoid the expense of recruiting, hiring, and training new Employees, and save your Employees the hardship of becoming fully unemployed.
    For more information, visit Work Sharing.

  • State of California Infrastructure and Economic Development Bank (IBank), Small Business Finance Center (SBFC)

IBank, a unit within California Governor’s Office of Business and Economic Development (GO-Biz), offers the following loan programs for businesses from one to 750 Employees (small businesses) affected by disasters:

Disaster Relief Loan Guarantee Program (DRLGP)
IBank will issue loan guarantees up to 95 percent of the loan through its partner Financial Development Corporations to help small business borrowers who were impacted by disasters or public safety power shutoffs and who need term loans or lines of credit for working capital.  Small businesses and nonprofits that have suffered an economic loss should apply.

Jump Start Loan Program (Jump Start)
The Jump Start Loan Program (Jump Start) helps small businesses start, grow, and thrive. Jump Start provides microloans from $500 to $10,000 to low-wealth entrepreneurs in the declared disaster and emergency areas, technical assistance and financial literacy training.

Access to IBank’s Disaster Relief Loan Guarantee Program and Jump Start Loan Program can be made through its partner Financial Development Corporations (FDCs).  For more information on how to apply, visit the IBANK Website.

  • Tax Relief - State of California Franchise Tax Board

The Franchise Tax Board (FTB) announced special tax relief for California taxpayers affected by the COVID-19 pandemic.  Affected taxpayers are granted an extension to file 2019 California tax returns and make certain payments to July 15, 2020, for ALL tax filings and payments due between March 15, 2020, through July 15, 2020.  For more information, visit Franchise Tax Board Website

  • Tax Relief - State of California Employment Development Department

Employers experiencing a hardship as a result of COVID-19 may request up to a 60-day extension of time from the EDD to file their state payroll reports and/or deposit state payroll taxes without penalty or interest. A written request must be received within 60 days from the original delinquent date of the payment or return. For more information, visit  EDD Website

  • Potential Closure or Layoffs

Employers planning a closure as a result of COVID-19 can get help through the Rapid Response program.  Rapid Response will meet with you to discuss your needs, help avert potential layoffs, and provide immediate on-site services to assist workers facing lob losses. For more information refer to the Rapid Response Services for Businesses Fact Sheet (DE 87144RRB) (PDF).

For Small Business Owners:

The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to California small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19) - Applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more info.

To discuss the eligibility and/or learn more about additional CDC Small Business Finance Loan Options consult with your local loan officer:

Stacey Sanchez
Senior Community Loan Officer
CDC Small Business Finance Corporation
Phone: 714-918-0886

Local Resources:

Jay Virata, Director 
Community and Economic Development 
Phone: 760-323-8259

Additional Resources

  • Facebook: Facebook is offering $100M in cash grants and ad credits to help during this challenging time. For more information, visit Facebook For Business Website.