818-823-4717
Call M-F 9am-5pm
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Covid Vaccination Required
Small Business Emergency Resources
Get Organized First
BUSINESS LOANS
1. LA Mayor Gacetti $11 million dollar no-fee Microloans
Follow link: https://ewddlacity.com/index.php/microloan-program
NEW Independent Contractors Unemployment
https://www.labor.ca.gov/pandemic-unemployment-assistance-pua-program/
NEW You may also visit https://ewddlacity.com/index.php/lacarescorps
NEW Opens April 21st https://www.savesmallbusiness.com/
NEW https://www.annuity.org/financial-literacy/covid-19-financial-guide/
2. Small Business Administration - Economic Injury Disaster loan.
Follow link: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options
NEW PPP loan fund will be replenished. Please get your application ready and also contact your lender now to see if they have a wait list. https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-ppp
3. Jewish Free Loan Program - Urgent financial needs
Contact jfla.org for application. Up to 10K no fees, no interest
4. CA iBank Disaster Relief Loan Guarantee Program - capital access barriers in light of a declared disaster. Another resource.
Contact ibank.ca.gov for information or pcrcorp.org/california-small-business-loan
5. California Capital Access Program
Contact https://www.treasurer.ca.gov/cpcfa/calcap/sb/index.asp
6. Lendistry Loan Products
Contact: MyLendistry.com
7. iFundWomen
Contact: https://ifundwomen.com
8. Venturize
Contact venturize.org
Venturize Matchfinder application: https://matchfinder.venturize.org
EMPLOYEES
1. Benefits for Businesses
CA Employment Development Dept Work Sharing Program - if business interruption is causing consideration of layoffs
Contact edd.ca.gov for application
2. LA Economic Development Corporation Layoff Aversion Program - confidential counseling to prevent layoffs
Contact laedc.org for information, call 888-4LA-EDC1, email bap@laedc.org
3. Benefits for Workers
LA BusinessSource Centers - Business and loan packaging consultation
Contact LABusinessSource.org
4. LA Economic & Workforce Development Dept Rapid Response - support through layoff process
Contact ewddlacity.com for information, call 213-744-7205, email maricela.hernandez@lacity.org
OTHER ORGANIZATIONS OFFERING ASSITANCE
1. Facebook Small Business Grants
Follow Link: https://www.facebook.com/business/boost/grants
2. California Capital Financial Development Corporation
Follow Link: https://cacapital.org
3. California Coastal Rural Development Corporation
Follow Link: https://www.calcoastal.org
4. California Southern Small Business Development Corporation
Follow link: https://casouth.com
5. Nor-Cal Financial Development Corporation
Follow Link: http://nor-calfdc.org
6. Small Business Development Corporation of Orange County
Follow Link: https://sbfdoc.org
Pacific Coast Regional Small Business Development Corporation
Follow Link: https://www.pcrcorp.org
Asian Pacific Islander Women’s Business Center
231 3rd st #G106
Los Angeles, CA 90013
213-473-1605
http://www.apisbp.org/womens-business-center.html
California Manufacturing Technology Consulting (CMTC)
690 Knox St. Suite 200
Torrance, CA 90502
310-263-3060
College of the Canyons Small Business Development Center
26455 Rockwell Canyon Road
Canta Clarita, CA 91355
661-362-5900
http://canyonsecondev.org/sbdc/
OC Hispanic Small Business Development Center and Orange County Hispanic Chamber of Commerce
1 Banting Suite A
Irvine, CA 92618
714-953-4289
Pacific Asian Consortium in Employment (PACE)
1055 Wilshire Blvd Suite 1475
Los Angeles, CA 90017
213-353-3982
LA County Procurement Technical Assistance Center
133 N. Sunal Dr.
Los Angeles, CA 90063
323-881-3964
https://dcba.lacounty.gov/ptac/
Launchpad Small Business Development Center at Octane
65 Enterprise
Aliso Veijo, CA 92656
949-330-6564
Lead Small Business Development Center at CSU Fullerton
800 N. State College Blvd.
Fullerton, CA 92831
657-278-2719
https://business.fullerton.edu/center/entrepreneurship/SBDC
Pacific Asian Consortium in Employment Women’s Business Center
1055 Wilshire Blvd. Suite 900B
Los Angeles, CA 90017
213-353-9400
Pacific Coast Regional Small Business Development Center
3255 Wilshire Blvd Suite 1501
Los Angeles, CA 90010
213-739-2999
Pacific Coast Regional Small Business Development Corporation
3255 Wilshire Blvd Suite 1501
Los Angeles, CA 90010
213-739-2999 ext. 222
Pasadena City College Small Business Development Center
3035 E. Foothill Blvd. Room 122
Pasadena, CA 91107
626-585-3105
https://pasadena.edu/community/economic-workforce-development/employer-portal/sbdc.php
Pasadena Minority Business Development Agency Business Center
177 E. Colorado Blvd. Suite 200 Space 2054
Pasadena, CA 91105
909-315-3339
Before you start applying for any type of asstistance, get organized. And it is important that you get organized quickly or your balance sheet will be less because of lost incomes.
If you find this confusing and need help you may also reach out to Small Biz LA for help regarding loan applications.
LA Small Business Center Lead Center
4900 E. Conant St. Bldg 02, Suite 109
Long Beach, CA 90808
562-938-5020
1. Figure out how much money you are going to need to cover only your operating expenses. They are not giving loans out to cover lost profits.
2. Business and/or Personal Financial Statement (Interim, YTD - Profit & Loss and Balance Sheet)
3. last 3 years of personal and business taxes including 2019 if they have it, if not than year to date 2019 income statement and balance sheet.
4. 2020 year to date(as current as possible) income statement and balance sheet.
5. Personal financial statement https://www.pdffiller.com/jsfiller-desk15/?projectId=423718999#01d08d48a780dcb50ff82100b165e0e1
6. Start writing a narrative of why you need the money and comparing 2019 feb & March numbers (revenue) to 2020 feb & March or compare it to the last 6 months if your overhead has increased.
OTHER RESOURCES
NEW free assistance webinars
https://www.new-wbc.org/workshops-events/
1. City Of LA Small Business Resilience Toolkit
Follow Link: https://dpw.lacity.org/blog/city-los-angeles-small-business-resilience-toolkit
2. On-Demand Webinar for Affected Businesses
3. Los Angeles County Economic Development Corporation
Contact https://laedc.org
4. Small Business Majority with online webinars and other important Covid 19 updates. https://smallbusinessmajority.org/covid-19-daily-updates-for-small-businesses