During this extraordinary time, AnewAmerica is committed to working with our team, clients, small businesses, partners and supporters to work through the current situation and help our entrepreneurs and small business owners to mitigate the impacts of the COVID 19 virus (Coronavirus). We will be using remote tools during this time to work with clients. We thank you in advance for your cooperation and understanding as we all transition to keep productive in new ways. We will share as many resources as possible via our site and staff. Below you will find more specific information. In general, for our small business clients and clients at -large, we hope you keep in mind the following:
- Keep calm as best you can and make decisions based on facts.
- Follow the guidelines and orders of the Federal, State, County and Municipal governments during this time.
- Be aware of potential scams related to the current situation. Unfortunately, during times like these you have individuals that will try to take advantage. Please use caution.
- Get your information from trusted and verifiable sources.
- Check your business insurance policies to see if business disruption is included and if so, what does it cover.
There are a great number of resources coming together to assist small businesses during this time.
We will get through this together!
-AnewAmerica Community Corporation
Effective March 20, 2020 at 12:01 a.m. the Governor of California Declared a Shelter at Home Order for the entire State of California until further notice. For more details and resources go to https://covid19.ca.gov/
Information and Resources
(Please review the entire page for information that may be important to you)
- The center is physically closed due to the Legal Order to Shelter at Home by the County of Santa Clara. However, the team is working with clients remotely. Please note work arounds are in place to facilitate the acceptance and completion of normal forms related to counseling requests. For more information, (Click Here)
- The center is physically closed due to the Legal Order to Shelter at Home by the County of Alameda. However, the team is working with clients remotely. Please note work arounds are in place to facilitate the acceptance and completion of normal forms related to counseling requests. For more information, (Click Here)
U.S. Small Business Administration (SBA) Disaster Loans
Economic Injury Disaster Loans and Cash Advances (PLEASE NOTE: SBA will begin accepting new Economic Injury Disaster Loan (EIDL) and EIDL Advance applications on a limited basis only to U.S. agricultural businesses.
The new eligibility is made possible as a result of the latest round of funds appropriated by Congress in response to the COVID-19 pandemic.
- Agricultural businesses includes those businesses engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries (as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)).
For more information, Click Here.
Paycheck Protection Program
The Paycheck Protection Program has resumed as of 04/27/20. The program is designed to help small businesses keep many of their employees during the crisis. The program is to help cover payroll expenses and certain other items such as lease and rent payments, electricity, telephone, gas, and mortgage interest for an 8-week period. There is a provision that the loan can be forgiven if certain employee retention requirements are met. The term is 2 years and the rate is 1% per year. Applications are accepted only by participating financial institutions. Applicants will need to apply directly with a participating financial institution and provide the required documentation along with the application. Please click here for more information on the program. You can also obtain an updated FAQ (Frequently Asked Questions). In addition, to get guidance on how to calculate potential loan amounts click here.
Here are some suggestions:
- If you had submitted an application with a lender and have not heard the status, contact them ASAP to get the status as of 04/27/20
-Check with your financial institution to see if they are participating in the second round of applications
-Try to get 2 -3 names of potential participating lenders from trusted resources and look at the requirements each has in terms of required documentation needed in order to apply
-Apply with a participating lender for whom you have the documentation at hand or it is readily available so you can expedite the processing of your application
-Follow the instructions provided by the lender and compile and file all the documents that the lender requires
-Know that regardless of the participating lender you go to, the terms of the loan will be the same (rate and term)
PPP Forgiveness Application and Instructions
The SBA and U.S. Treasury have released the information and application regarding applying for forgiveness under the Paycheck Protection Program. To access and download the materials, please click here.
Please note: The application should be submitted to your lender for the PPP loan. It is suggested that you contact your lender to find out their process for submission of the Forgiveness Application and required documents.
Federal and State Tax Filing and Payment Deadlines Extended unitl July 15, 2020
The deadline for filing both Federal and State taxes has been extended to July 15, 2020. For Federal taxes, please click here to get more information from the Internal Revenue Service. For California State taxes information, please click here for information from the Franchise Tax Board.
PLEASE NOTE: If you will received a refund, it is highly recommended that you file your taxes as soon as possible. Processing of refunds are taking place at both the Federal and State levels.
Other Potential Resources for Loans or Grants
California Bank’s Small Business Finance Center
Verizon Small Business Recovery Fund
Grants up to $10,000 for eligible small businesses. 3rd round to open 05/14/20. For information click here.
Resource List from City of San Jose (information in English,Spanish and Vietnamese)
SPANX -The Red Backpack Fund
For female entrepreneurs to help support their businesses, families and employees. Click Here for more information.
Silicon Valley Strong Fund
Capital grants of $10,000 to eligible small businesses in San Jose owned by low-income residents of Santa Clara County who have suffered financial losses due to COVID 19. Application deadline is Sunday, May 17th at 11:59 p.m. PST. For more information and to apply, click here. Vui lòng vào đây để đọc thông tin bằng Tiếng Việt
Great Plates Delivered Program - State of California
For restaurants and food providers looking for revenue opportunities during this time, this program may be for you! The program leverages accepted and approved restaurants and food providers to supply meals to seniors. For more information on the program and to submit an interest form, please click here. Look under the "Want to Provide Meals?" section.
Potential Technology Resources Available for Small Businesses
A resource guide has been compiled for potential technology resources for small businesses during this time. Please note that any reference to a specific product, process or service or to the use of any vendor is for the information and convenience of the small business community and does not constitute or imply an endorsement by the California Department of Technology (CDT), GO-Biz, the State of California or AnewAmerica.
Are You a Non-Essential Business as it Relates to the Shelter at Home Order?
The 7 county Bay Area came together on 03/16 to announce a legal order to shelter at home effective 12:01 a.m. 03/17/20. It was extended by 6 of the counties. For some counties, until further notice. This order included all non-essential businesses. Currently, to verify if your business is considered non-essential or if certain restrictions have been lifted, it is best to review the updated Legal Order for your County via your county's website. In addition, changes have been made to some of the restrictions depending on the county. Therefore, it is recommended that you refer to the current order and information for your county for the most current status and restrictions. Also, please be aware that some counties have made face coverings mandatory when in public spaces. Please refer to your county to get the requirements and /or recommendations at it relates to face covering.
Santa Clara County
Contra Costa County
San Mateo County
Santa Cruz County
San Francisco County
Preparing for Business Re-Opening
The State of California has created stages as it relates to businesses reopening. These stages are based on industry type and the stages are applied both at the State and County level. Therefore, in addition to the State, businesses must also follow their county's guidance as to when their business can re-open and under what circumstances.
However, businesses can begin the process of preparing themselves for the requirements and protocols that will be needed to re-open. To get the State's re-opening guidance by industry, please click here. Again, in addition to the state, businesses must be familiar with any additional requirements for their county and city. Please refer to you specific county and city for that information. For industries that are currently not able to open at a Statewide level, please click here and look under the heading "County-by-County Guidance."
Upcoming and On Demand Webinars for Small Businesses
Wed, June 3, 2020 12:00 PM - 1:00 PM PT Small Business Roundtable
Strong leadership is key to navigating a crisis. While no playbook exists for leadership under high stakes circumstances, small businesses that are adaptable and resilient during the current pandemic will thrive. As a leader, the current COVID-19 crisis can be the defining moment for your small business. Our experienced professionals will share their perspectives on what they have found works best.
Ron Busby, President & CEO, United States Black Chambers, Inc.
Jen Earle, CEO, National Association of Women Business Owners
Keith Hall, President & CEO, National Association for the Self Employed
Corinne Hodges, CEO, Association of Women's Business Centers
Reopening Guidance for Restuarants
On Demand Webinars
The GO-Biz California Entrepreneurship Task Force (ETF) continues its virtual learning series to connect with small businesses and startups, and share resources, strategies, and insights on how to adapt to the marketplace during COVID-19. As businesses ready for modifications in anticipation of re-opening, technology will become increasingly important, and there are digital resources available.
Listen to a conversation with:
Nuria S. Wolfe, Chief Marketing Officer and Co-Founder, Encantos
and Manal Richa, Business Consultant, OC/IE SBDC
Moderator: Dilawar Syed, CEO, Lumiata and ETF Chair
Hosted by: Isabel Guzman, Director, CalOSBA
To view the webinar, please click here.
Statewide Updates for California Small Businesses Impacted by COVID-19 (On Demand Webinar)
Small Business Majority, Go-Biz, Employment Development Department (EDD) and Small Business Development Centers (SBDC) cover policy updates related to COVID-19. You can learn about what the State of California and Governor Newsom are implementing to ensure public safety.
Even though this is on-demand, you will still need to register at: https://app.livestorm.co/small-business-majority/statewide-updates-for-small-businesses-impacted-by-covid-19
Funding Updates for Small Businesses Impacted by COVID19 (Coronavirus)
Small Business Majority, LA Chamber of Commerce, Opportunity Fund, Lendistry, iFundWomen, and the Small Business Development Center present an interactive presentation on the current small business funding landscape and funding options to help entrepreneurs and small business owners in California.
Even though this is on-demand, you will still need to register at: https://app.livestorm.co/small-business-majority/funding-updates-for-california-small-businesses-impacted-by-covid-19
Go - Biz COVID-19 Rapid Response Session #2 with Small Businesses and Entrepreneurs
The GO-Biz California Entrepreneurship Task Force (ETF) hosted its second session as part of its virtual learning series to connect and share resources, challenges, barriers, and opportunities for small businesses to improve pivot and adapt to the marketplace during COVID-19.
This session to #MeetThisMoment featured:
• Dilawar Syed, CEO, Lumiata and ETF Chair
• Isabel Guzman, Director, CA Small Business Advocate
• Irma L. Olguin Jr., Co-Founder & CEO, Bitwise Industries
• Teddy Liaw, CEO, NexRep
• Patti Röckenwagner, Co-Owner, Röckenwagner Bakery
To view the webinar, please click here.
How Young Firms Can Access Capital
- Dilawar Syed, CEO, Lumiata and ETF Chair
- Isabel Guzman, Director, Cal-OSBA
- Bulbul Gupta, President & CEO, Pacific Community Ventures
- Carmen Palafox, Partner, MiLA Capital
- Charles Hudson, Managing Partner, Precursor Ventures
To view the webinar, please click here.
Other Important Sites
- The latest information on business assistance for resilience can be found at the Governor’s Office of Business and Economic Development website (Click here).
- Small business employers can access support for their businesses and their employees with these helpful resources.
- City of San Jose - Important Information from the Office of Economic Development (Click Here), COVID 19 Updates (Click Here)
- City of Oakland - Information for Businesses and Workers
- Access to No-Cost Legal Resources for Low-Income Small Business Owners Impacted by COVID-19 in San Jose (Click Here)
Please check back often as this page will be update as information warrants.