CA begins sending extra $300 per week in unemployment benefits, but many will not receive the supplemental aid (ABC 30)
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New PPP Rules From SBA Aimed At Clarifying Loan Forgiveness (Forbes)
The U.S. Small Business Administration, which administers the Payroll Protection Program (PPP), began accepting loan forgiveness applications Aug. 10. Just two weeks later, the agency, in conjunction with the Treasury Department, released additional guidelines surrounding forgiveness of the pandemic loans designed to keep workers on payrolls. Read more by clicking this link.
Gov. Newsom orders hair salons, gyms, churches, other businesses to close indoor operations in most Central CA counties – ABC30
More business and workplace closures under way. Read more here.
Senate Extends PPP Five More Weeks, Indicates More Help To Come – Forbes
More PPP help on the way. Read more here.
Bredefeld, Karbassi pitch $30mil in coronavirus cash for south Fresno renewal – SJVSun.com
Proposal to invest $30 million in CARES dollars in Fresno’s southern neighborhoods. Read more here.
These Fresno County Businesses Received CARES Grants – The Business Journal
More information regarding HUB grant recipients. Read more here.
1000 local small businesses awarded $5,000 grants by Fresno County – KSEE 24
If you applied for a Fresno County HUB grant, the awardees have been selected. Watch the coverage here.
City Businesses Get More Time to Apply for COVID Impact Money. County Applications Soar. – GVWire
Now you have more time to apply for the City of Fresno Save Our Small Businesses Grant. Read more here.
City of Fresno donating 14,000 face masks to small businesses opening this week – ABC 30
City of Fresno donating 14,000 face masks to small businesses opening this week. Read more here.
Gov. Newsom: Barbershops, hair salons can reopen in 47 CA counties starting today – ABC30
FRESNO, Calif. (KFSN) — California Gov. Gavin Newsom says barbershops and hair salons can open immediately in the 47 counties that have received approval to fully enter Phase 2, often called “Phase 2.5” of reopening. Read more here.
California releases guidelines for churches, synagogues, mosques to open for in-person worship – ABC 30
FRESNO, Calif. (KFSN) — California state officials released new guidelines on Monday for churches and other places of worship to open after weeks of being closed due to the coronavirus pandemic. The guidelines for churches, mosques, and synagogues were broken down into sections about how to resume modified in-person services. Read more here.
Council Approves $4 Million for Renters, Small Businesses, Farmers – GV Wire
The Fresno City Council voted to take the next step on two grant programs, one for small businesses and one for residents to keep their homes, with a 6-1 vote Thursday. Read more here.
Free COVID Test Site Opens in NW Fresno With ‘Painless’ Swabs – GVWire
Quick, painless, easy, and best of all, free. COVID-19 testing in Fresno ramped up in a big way Wednesday with the addition of a drive-up testing site at United Health Centers‘ Fresno location near Herndon and Milburn avenues. District 2 Fresno City Councilmember Mike Karbassi helped launch the site and was first to get a test. The test…
Many California stores can reopen Friday from coronavirus lockdown, Newsom announces – The Fresno Bee
Big news out of Sacramento. We can begin Phase 2 of reopening Friday and some regional variation will be allowed according to data. Read more here.
U.S. Chamber of Commerce providing $5,000 grants to small businesses – NBC Las Vegas
Here is a good opportunity for small businesses to apply for more grans, this time from the US Chamber of Commerce. Click here for more information.
SBA Disaster Assistance Update: EIDL Advance
The SBA just released latest figures on loan advances for Economic Injury Disaster Loans. Just in California, 114,980 loan advances were processed for a total of $484,604,000. Read the document here.
Here are the biggest industry winners and losers from the first post-coronavirus retail sales report — one that saw a record spending plunge – Business Insider
What industries are doing well during the COVID-19 pandemic? Find out: click here.
How IRS Non-Filers Can Get Stimulus Checks…
If you are a non-filer or a senior who needs to update their contact information with the IRS in order to receive the CARES Act stimulus: https://www.irs.gov/coronavirus/non-filers-enter-payment-info-here
Faith-Based Organizations: Guidance for Eligible Paycheck Protection Program Loans – National Law Review
Interesting information for faith-based organizations applying for SBA’s PPP: https://www.natlawreview.com/article/faith-based-organizations-guidance-eligible-paycheck-protection-program-loans
Fresno Business Resilience Toolkit
Click to download the Fresno Business Resilience Toolkit
What to Do If Your Bank Is Stalling on Your PPP Loan Application – Inc
One of the biggest complaints you have shared with us is that not enough banks are taking SBA applications. Here are some good tips: https://www.inc.com/brit-morse/paycheck-protection-program-ppp-small-business-loans-bank-alternatives.html?icid=hmhero
Some Coronavirus Stimulus Checks Delivered, IRS Says. How to Make Sure You Get Yours – GVWire
Learn how to ensure you get your stimulus check: https://gvwire.com/2020/04/11/coronavirus-stimulus-checks-delivered-irs-says-how-to-make-sure-you-get-yours/
California COVID-19 Projections
Follow this link for a great statistical resource on COVID-19 in California from the Institute for Health Metrics and Evaluation (IHME): https://covid19.healthdata.org/united-states-of-america
The Paycheck Protection Program: Uncertainty Reigns – Inc
Great questions, which need answers: https://www.inc.com/cameron-albert-deitch/coronavirus-paycheck-protection-program-funding-uncertainty.html?icid=hmhero You can watch our webinar with Fresno SBA District Director Dawn Golik for answers: Click HERE.
Furloughed due to the coronavirus? Here’s what you need to know – CBS News
Great article on options for displaced employees: https://www.cbsnews.com/news/furlough-unemployment-layoff-coronavirus/
Fresno businesses hurt by pandemic can apply for 0% interest loans. But they must hurry – Fresno Bee
Learn more about the City’s rollout of the Save Our Small Businesses Act, forgivable loans for local small businesses. Read the article here: https://www.fresnobee.com/news/coronavirus/article241802041.html
Paycheck Protection Program Loans: Three Things The SBA And Banks Need To Agree On Now – Forbes
Interesting questions which need answers, especially for sole proprietors applying for assistance. Read the article: https://www.forbes.com/sites/anthonynitti/2020/04/05/paycheck-protection-program-loans-three-things-the-sba-and-banks-need-to-agree-on-now/amp/
Frequently asked questions about the CARES Act – ICSC
Great early resource on FAQ’s about the CARES Act and SBA funding options for businesses, non-profits, the self-employed, etc: https://www.icsc.com/news-and-views/icsc-exchange/frequently-asked-questions-about-the-cares-act
Gov. Newsom Announces $50,000 Sales Tax Bridge Loans for Small Businesses
Click here to learn more about this great opportunity for small businesses to use sales tax receipts for a 1-year penalty free bridge loan, up to $50,000. Read the article here: https://abc7.com/coronavirus-california-small-businesses-covid-19-shelter-in-place-gavin-newsom/6071621/
Fresno Covid-19 Town Hall
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Fresno Offers 0% Loans for Small Businesses Affected by COVID-19 – GV Wire
Fresno Offers 0% Loans for Small Businesses Affected by COVID-19