Note: all yellow text are clickable links.
CARES Act - What it means for your business.
Overview of COVID Legislation Passed to Date
Loan and Payroll Forgiveness Program Guide by SBDC
Payroll Protection Program (PPP)
PPP FAQs from SBDC
This program is implemented through the SBA and US Dept of Treasury, but it is processed through local commercial banking institutions beginning Friday, April 3 2020. Please contact your banking institution directly for more information and most up-to-date application forms.
Guidance on Business Loans, Mortgage and Consumer Loan Relief from PVB
SBA Economic Injury Disaster Loans (SBA EIDL)
EIDL FAQs from SBDC
Helpful hint: The Cal Poly SBDC has a 12 person task force ready and able to assist you with the SBA EIDL loan application process. Please contact Judy Mahan, Cal Poly SBDC Director, at 805-458-0610 or sign up for an appointment at this link.
The EIDL also has an up-to $10,000 EIDL Advance. If you applied for the EIDL prior to 3/30/20, you MUST reapply at this link for the $10k supplement. The information takes ten minutes to fill out, there are no forms needed, but you must have your business account and bank routing number ready.
Most Recent SBA EIDL Application Link (3/30/20)
Grants for Non-Profits
Financial Assistance for Self-Employed Individuals
Click on yellow for Disaster Unemployment Assistance (DUA)
DUA consists of weekly payments that are com in the same way as regular unemployment insurance (UI) payments, that is, figured on a base period of earnings as prescribed by state UI law. The base period for all DUA claimants is the most recently completed tax year prior to their last date worked. For most claimants this is the prior calendar year. The exception to this is that unemployed self-employed individuals may base a claim on net self-employment earnings. The minimum weekly amount will be 50 percent of the average unemployment compensation amount in California during the quarter immediately preceding the date of the disaster. Access the fact sheet here.
Click for State's Eviction Resolution
CA Disaster Legal Assistance
Free and Low Cost Legal Assistance
A word from local attorney, Jane Heath:
There is some relief for renters (both residential and commercial) in avoiding eviction. But, don’t just stop paying rent. Talk to your landlord if you are in financial difficulty and try to work something out (Temporary reduction? Bartering some services in exchange since you can’t go to work? Rent abatement for a month or two followed by raised rent thereafter that will pay back over a period of time?). Landlords have expenses, too, and some are more able to extend themselves than others. If you work with your landlord you will be better off in the long term than just avoiding eviction and then facing a huge bill you can’t pay down the road.
FMLA Tax Credits
Temporary Rule on Paid Leave announced April 1 2020 by Dept of Labor
FAQ (Engle and Associates Insurance)
Unemployment Insurance Assistance
Note: The enhanced UI at $600 per week ends on or before July 31, 2020.
Guide to Employment during COVID-19 (Jane Heath)
Information for Employees and Employers (Layoff Assistance)- EDD
Information for Employees and Employers - CA
Webinar Library and How-Tos
South County Chamber SBA Webinar On-Demand (3/18/20)
South County Chambers Families First Relief Act/Payroll Tax Credits (3/26/20)
Cal Chamber Families First Relief Act/Payroll Tax Credits
Small Business Majority Webinar On-Demand (3/12/20)
GO-Biz Help Center
Borrowing 101/Loan Preparedness
Information and Alert Centers
City of Morro Bay COVID-19 Information Page
CDC Coronavirus Information
California Department of Public Health
Governor's Office Newsroom
California Office of Emergency Services
Governor’s Office of Business and Economic Development
Financial Market Updates
Link to Sarah Santana, Raymond James
Additional Resource Pages:
Resource Page at SLO CAL
Office of Congressman Salud Carbajal's Resource Page
Technical Assistance Providers Master List
REAL TIME UPDATES:
Morro Bay Police Twitter
Morro Bay Fire Twitter
Business Adaptation Community Page
Recursos en Español:
Oficina de Desarrollo Comercial y Económico del Gobernador*
(*Utilice la función de traducción en la esquina superior izquierda o derecha de la página.)
Departamento de Salud de California
Administración de pequeñas empresas de EEUU
We will continue to update this page as more information becomes available.