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/ 

 

 

CARES NOTICE III 

Information and Resources

(Please review the entire page for information that may be important to you
 

AnewAmerica Women’s Business Center – San Jose

  • 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)

AnewAmerica Women’s Business Center – Oakland 

  • 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 

The U.S. Small Business Administration is now accepting applications for low-interest federal disaster loans for working capital (Economic Injury Disaster Loans) for small businesses and private, non-profit organizations in all U.S. States, Washington, D.C.  and U.S. territories to help alleviate economic injury caused by the Coronavirus (COVID-19).  This includes the ability to apply for a cash advance for up to $10,000.  If approved, the Loan Advance portion is designed to get money to businesses in an expedited manner while the loan application is being reviewed. Currently, the loan application is designed to be done online.  To apply, click here.

There is a video produced by the California Network of Women's Business Centers that gives an overview of the current application and process.  You can click here to view the video.  For additional assistance, you can contact one of our Women's Business Centers listed above or an SBA Resource Partner in your area.

Some suggestions in completing the application:

-Make sure to check the box that indicates you would like to also apply for the Loan Advance
- Have your banking information, account number, routing number etc. available when you do the application
- Once submitted, make sure you note and keep the submission number for your application

Economic Injury Disaster Loans are working capital (rather than loans for physical damage) to help small businesses and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster.  These loans are intended to assist through the disaster recovery period. 

For more information from the SBA on the program, please click here.  To review a loan Fact Sheet, (Click Here)

 

Paycheck Protection Program

The Paycheck Protection Program is designed to help small businesses keep as many of their employees employed during the crisis. The program is to help cover payroll expenses and certain other items such as lease and rent payments, utilities and mortgage interest for an 8-week period. There is a provision that the loan can be forgiven if certain retention requirements are meet. The term is 2 yrs. and the rate is 1%. The applications will be accepted by only participating financial institutions. Applicants will need to apply directly with a participating financial institution and provided the required documentation along with the application.  Some participating institutions may start accepting applications on April 3, 2020 for small businesses and sole proprietorships. For Independent Contractors and Self-Employed individuals, the start date is currently targeted for April 10, 2020. Please click here to get the exact details of the program as stated by the U.S. Department of Treasury. Since the program is new and the list of participating financial institutions can grow over time, for now, here are some suggestions:

-Contact your current financial institution to see if they are participating in the program.

-If not, ask if they know of an SBA 7(a) Lender in the area and contact them.

-Once a participating lender is identified, contact them to verify their process and requirements for the application.  Please note: It may be prudent to contact the identified lender via phone or online since many locations may be in areas under an order to stay in place; thererfore, institutions may have modified their hours and access to their physical locations.

-Follow the instructions provided by the Lender and compile and submit all documents that they require.

-Have documentation of your payroll costs for the period listed in the Borrower’s Information Sheet and as requested by the participating lender for the applicable periods.

-Know that regardless of the participating lender you go to, the terms of the loan will be the same. (i.e. loan term and interest rate) 

For additional information, click here.

 

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

City of Oakland - Oakland Small Business Emergency Grant Program

This leverages funds from the Oakland Covid 19 Relief Fund to provide grants up to $5,000 for eligible businesses.  The program is being administered by Working Solutions.  For more information and to apply go to https://www.workingsolutions.org/oakland-grants. Information is available at the site in English, Spanish, Chinese and Vietnamese. You can also go to the Oakland Business Assistance Center site to apply. For any questions about the Emergency Grant Program, please contact This email address is being protected from spambots. You need JavaScript enabled to view it. or call (415) 780-1217.

California Bank’s Small Business Finance Center

California Treasurer’s CalCAP

Verizon Small Business Recovery Fund

Grants up to $10,000 for eligible small businesses. Application due by 04/04/20 11:59 p.m. ET. For information and to apply click here.

Resource List from City of San Jose (information in English,Spanish and Vietnamese)
Click Here

SPANX -The Red Backpack Fund 

For female entrepreneurs to help support their businesses, families and employees.  Click Here for more information.

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.  This has now been extended until May 3, 2020.  This order includes all non-essential businesses. Currently, to verify if your business is considered non-essential, it is best to review the Legal Order for your County. 

Santa Clara County

https://www.sccgov.org/sites/phd/DiseaseInformation/novel-coronavirus/Pages/order-health-officer-033120.aspx

Alameda County 

http://www.acphd.org/media/563688/health-officer-order-20-04-shelter-in-place-20200331.pdf

Contra Costa County

https://www.contracosta.ca.gov/DocumentCenter/View/64727/2020-0331-Health-Officer-Order-COVID19

San Mateo County 

https://www.smcgov.org/sites/smcgov.org/files/Final%203-31%20Order.pdf

Marin County

https://coronavirus.marinhhs.org/

Santa Cruz County

http://santacruzhealth.org/Portals/7/Pdfs/Coronavirus/PHO%20Order%20Extending%20SIP%20March%2031%202020.pdf

San Francisco County 

https://www.sfdph.org/dph/alerts/files/HealthOfficerOrder-C19-07b-ShelterInPlace-03312020.pdf

 

Upcoming and On Demand Webinars for Small Businesses

Programs Supporting Employee Retention - City of San José Speaker Series
Thursday, April 9, 2020, 3:00 pm - 4:30 pm.

Join this webinar to find out about programs which will help you retain your employees and affordably provide benefits during the COVID-19 crisis.  The  Small Business Majority will lead this webinar to provide information on Payroll Tax Relief, Paycheck Protection Program, Workshare, and other tools that can help both you and your employees during this time.  To register, please click here and for more information click here.

Go - Biz COVID-19 Rapid Response Session #2 with Small Businesses and Entrepreneurs
Friday, April 10th, 11:00 a.m. - 12:00 p.m.

The GO-Biz California Entrepreneurship Task Force (ETF) is hosting 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.

Plan to join this Friday, April 4th for the session to #MeetThisMoment featuring:

• 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

For more information and to register, click here.

The CARES Act and CalCAP: Resources for Small Businesses in the South Bay

Friday, April 10th, 12:00 p.m. - 1:00 p.m.

Join Small Business Majority, the Silicon Valley Black, the Hispanic and Filipino-American Chambers of Commerce, the Silicon Valley SBDCWinchester Business Association, Anew America Women's Business Center, San Jose and Silicon Valley SCORE for an interactive webinar on how self-employed, sole-proprietors and small business owners can take advantage of this new federal and state funding.

 
Topics will include:

  • California iBank's California Capital Access Program (CalCAP)
  • Overview of the new Paycheck Protection Program (PPP) available through SBA 7(a) lenders
  • What expenses are eligible for loan forgiveness through PPP
  • Overview of the Economic Injury Disaster Loan (EIDL), including details about the loan advance offered through the program
  • How your local SBDC and SCORE office can help you prepare to apply for the PPP and EIDL
  • Small Business Majority's Lender Checklist, Q&A

For more information and to register, click here.

 
 

On Demand Webinars  

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

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) 
  • City of Oakland - Information for Businesses and Workers

 

    Please check back often as this page will be update as information warrants. 

                                                            Thank you!