Business Member Resources

COVID-19 RETURN TO WORK POLICY

Island Businesses Encouraged to Adopt

Workforce Policy Regarding COVID-19 and Travel

At the recommendation of Avalon Mayor Ann Marshall, Catalina Island Businesses are encouraged to adopt a COVID-19 related return to work policy regarding out of area/country travel, that will protect fellow workers and the community as a whole from pandemic spread. Click here to find the City of Avalon's recently implemented policy from which you may implement similar protections in your place of business. Note that the policy shared here may not be in compliance with the ever changing and evolving best practices and/or OSHA rules.


NEW: PPP Rule Change to Benefit Small Businesses

A temporary, two-week rule change will benefit businesses with fewer than 20 employees and sole proprietors. Starting Wednesday, February 24 the Small Business Administration will only accept applications from qualifying small businesses for forgivable PPP loans. President Biden also announced additional program changes to make access to PPP loans more equitable.

The changes are designed to make it easier for businesses with no employees — sole proprietors, independent contractors, and self-employed people such as house cleaners and personal care providers — that previously could not qualify because of business cost deductions. Read more.

New Opportunities

The Barstool Fund

If you are a small business owner in need of help due to the impacts of COVID, you can submit your application at: TheBarstoolFund.com/apply

Note: You still have to be paying your employees to qualify for The Barstool Fund

If you are able to help, you can make a tax deductible contribution to support small businesses by clicking “Contribute to the Fund" on The Barstool home page. You can also support small businesses by purchasing one of their shirts. 100% of the net proceeds will go towards supporting small businesses.

Shuttered Venue Operators Grant

The Shuttered Venue Operators (SVO) Grant program includes $15 billion in grants to shuttered venues, to be administered by the SBA’s Office of Disaster Assistance.

Eligible applicants may qualify for SVO Grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million.

$2 billion is reserved for eligible applications with up to 50 full-time employees.

Who can apply: Live venue operators or promoters, Theatrical producers, Live performing arts organization operators, Relevant museum operators, zoos and aquariums who meet specific criteria, Motion picture theater operators, Talent representatives.

Other requirements of note:
Must have been in operation as of February 29, 2020
Venue or promoter must not have received a PPP loan on or after December 27, 2020

The SBA is not accepting applications just yet but you can read more about the program here.

Paycheck Protection Program (PPP) is OPEN

The Paycheck Protection Program provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. The SBA also offers additional Coronavirus relief.

SBA is currently offering:

Guidance & Facts Sheets:
First Draw Loans and Second Draw Loans guidance from US Treasury & SBA
PPP fact sheet from US Travel

U.S. Bank is now accepting Protection Program (PPP) loan applications through March 31 or until funds run out, whichever comes first. More information including the digital application link is available through our online portal at usbank.com/ppp. The digital process will guide you through the application. As a reminder, there is no need to fill out a paper application for First or Second Draw loans.

California Rebuilding Fund Recovery Loans

  • Businesses who employed 50 or less full-time equivalent employees and had gross revenues of less than $2.5 million or below in 2019 are eligible to apply.
  • Not associated with the federal Paycheck Protection Program (PPP) or any other SBA program; the loans are not forgivable in part or whole.
  • Learn more and apply

FOUND/LA Small Business Recovery Fund - Round 3 Now Open

Applications for Round 3 of the FOUND/LA Small Business Recovery Fund are now open. Grant sizes range from $5,000 to $25,000.

Applications close this Sunday, February 21, 2021 at 11:59 pm. 
Learn More & Apply Here

Please note: Round 4 application window opens Monday, March 15, 2021 at 9:00am and closes Sunday, March 21, 2021 at 11:59pm.

NEW: SMALL BUSINESS CA GRANT RELIEF PROGRAM

Four New Funding Rounds Announced

California’s Office of the Small Business Advocate (CalOSBA), part of the Governor’s Office of Business and Economic Development (GO-Biz), announced on Wednesday, March 3 (read press release) four new funding rounds for the California Small Business COVID-19 Relief Grant Program following Governor Gavin Newsom signing into law a comprehensive package of immediate actions that speeds much-needed relief to individuals, families, and businesses suffering the most significant economic hardship due to COVID-19.

Guided by a principle of equity, the Program provides a crucial financial lifeline to traditionally underserved small businesses and non-profits. In its first two funding rounds, the Program selected just over 40,000 small businesses and non-profits to receive approximately $500 million in grant funding. More than 350,000 small businesses and non-profits applied in a competitive process, with funding requests totaling more than $4.5 billion. Additional preliminary data can be found here.

The recently signed package provides $2.075 billion – a four-fold increase to that initial $500 million – for grants up to $25,000 for small businesses impacted by the pandemic. The new package also includes a $50 million allocation for non-profit cultural institutions. Four competitive funding rounds will be conducted by CalOSBA’s selected intermediary, Lendistry. Additional information can be found at CAReliefGrant.com.

New Funding Rounds:

Round 3 (waitlisted applicants from Rounds 1 and 2): Friday, March 5th through Thursday, March 11th, 2021

  • Eligible applicants: This is a closed round and only available to eligible applicants who were waitlisted in Rounds 1 and 2 – only existing applicants will be selected. If you were waitlisted, you do not need to reapply.
  • Eligible grant award: $5,000 to $25,000
  • Details: This is a closed funding round; no new applications will be accepted

Round 4 (non-profit cultural institutions only): Tuesday, March 16th through Tuesday, March 23rd, 2021

  • Eligible applicants: Only non-profit cultural institutions with any revenue size that meet eligibility criteria found at CAReliefGrant.com
  • Eligible grant award: $5,000 - $25,000
  • Details: Eligible non-profit cultural institutions must complete a new application even if they already applied in Rounds 1 and 2; grants will only be available to non-profits cultural institutions that did not receive funding in Rounds 1, 2 or 3; grants will be prioritized based on the documented percentage revenue declines based on a reporting period comparing Q2 and Q3 of 2020 versus Q2 and Q3 of 2019

Round 5: Thursday, March 25th through Wednesday, March 31st

  • Eligible applicants: current waitlisted small businesses and non-profits not selected in Rounds 1, 2, or 3 and new applicants that meet eligibility criteria found at CAReliefGrant.com
  • Eligible grant award: $5,000 - $25,000
  • Details: Applicants not selected to receive a grant in Rounds 1, 2, & 3 do not need to reapply as they will be automatically moved into Round 5. New applicants will need to apply at CAReliefGrant.com

Round 6: Date to be announced soon

  • Eligible applicants: current waitlisted small businesses and/or non-profits not selected in Rounds 1, 2, 3, 4 or 5 and new applicants that meet eligibility criteria found at CAReliefGrant.com
  • Eligible grant award: $5,000 - $25,000
  • Details: Applicants not selected to receive a grant in Rounds 1, 2, 3 & 5 do not need to re-apply and will be automatically moved into Round 6. New applicants will need to apply at CAReliefGrant.com

Reminder: LICENSE FEE WAVIERS


Information from https://covid19.ca.gov/business-and-employers/, outlined below:

California and the federal government are providing broad assistance to small businesses and employers impacted by COVID-19. This includes:

Employer policies and resources

As California reopens, every business will need to create a safer, low-risk environment. If you own or manage a business, follow the employer playbook to help plan and prepare your business for reopening. And follow the industry-specific guidance that applies to your business to protect your workers and customers.

As workplaces reopen, employees will need both childcare support and workplace flexibility. It’s also important that employees with COVID-19 know they should stay home. Your sick leave policies need to support that. See more information on:

Financial assistance

Federal programs

The U.S. Small Business Administration is accepting new applications to the Economic Injury Disaster Loan (EIDL) from all eligible businesses. Visit U.S. SBA’s Disaster Loan Applications website for more information. The U.S. SBA will continue to process EIDL Loan applications already submitted on a first-come, first-served basis.

Small businesses may get reimbursed for paid leave costs related to COVID-19. This funding is available for businesses with fewer than 500 employees. Employers can receive a credit for wages paid for such leave between April 1 and December 31, 2020. Visit Paid Leave under the Families First Coronavirus Response Act (FFCRA) for more information. Also check frequently asked questions about tax credit reimbursement for paid leave.

Financial and technical assistance for small businesses 

Labor and workforce support for businesses