We`re here to help small businesses in New York State rethink, rebuild and renew. Learn more about our Corporate Pandemic Recovery Initiative programs – including $800 million in government funding for small businesses – and rent assistance for tenants. And find a national network of centers staffed with people who can guide you through the app. See below for more details. SBA`s debt relief program pays principal, interest and fees for six months for 7(a), 504, and microloans paid before September 27, 2020. Since February 2021, this facilitation has been extended to certain companies. Has your storefront been vandalized? The Paycheque Protection Program (PPP) ended on May 31, 2021. It has offered loans to help small businesses and non-profit organizations employ their workers. If you follow the guidelines, your loan may be cancelled. The Small Business Administration (SBA) offers programs that can help your business if it is affected by the coronavirus pandemic.
An Economic Disaster Loan (EIDL) helps small businesses and nonprofits that are losing money during the coronavirus pandemic and need funds for their financial obligations and operating costs. FINANCIAL RESOURCES The city continues to provide resources to help San Francisco small businesses affected by COVID-19 and support their economic recovery. New York has a national community network of organizations that provide technical support to guide your business through program applications. The Window Vandalism Relief Grant provides up to $2,000 in financial assistance for the recovery of small businesses affected by deliberate actions that result in the destruction or damage of small business storefronts. This program offers amounts of $1,000 or $2,000, depending on the total cost of repairing physical damage (without loss of property or stolen property) and is available depending on the availability of funds. ✺ Significant Economic Impact ✺ Businesses and Not-for-Profit Organizations with Fewer Than 500 Employees ✺ Some Self-Employed, Sole Proprietors and Independent Contractors Qualify ✺ You Don`t Need to Prove You Can`t Get Credit Elsewhere The SBA Express Bridge Loan allows small businesses that currently have an existing business relationship with an SBA Express lender up to $25,000 with less paperwork Access. If you urgently need money while waiting for a decision and withdrawal of an EIDL loan, contact your company`s bank to see if you qualify The Employee Retention Tax Credit (ETC) is a refundable tax credit that rewards businesses up to $33,000 per employee. The ERTC is designed to reward and encourage companies to keep their employees on the payroll.
It has been significantly expanded to offer more financial assistance to a larger group of employers. Employers can use the ERTC against federal labour taxes on eligible wages paid to their employees from March 13, 2020 to December 31, 2021. Businesses can claim the loan retroactively for past quarters. The ERTC has a maximum credit of $5,000 per employee in 2020 and a maximum of $28,000 per employee in 2021. NOTE: Businesses that have received a PPP loan are eligible to take advantage of this loan. We strongly recommend that you speak to your CPA to help your business maximize the value of CTREC. If you`re not currently working with one, the San Francisco Chamber of Commerce has a list of local CPAs link.oewd.org/CPA. For more information, see oewd.org.ERTC.
Please fill out the form below and answer any questions you may have. After pressing the Filter Programs button, scroll down to see a list of filtered programs that your business may be eligible for. ✺ A commercial tenant and/or subtenant ✺ Registered to do business in San Francisco ✺ Annual gross revenue of $25 million or less ✺ Monthly or remaining tenants are eligible The Paycheck Protection Program provides small businesses with the resources they need to maintain their payroll, hire employees who may have been laid off and cover applicable overhead costs. We`re thrilled that you`ve found us – supporting SF businesses impacted by covid-19 is our top priority. Read below to learn more about urban, state, and federal resources. The COVID-19 public health crisis and the resulting economic crisis have created a variety of challenges for small, micro and individual businesses in communities across the country. The Department of Finance provides vital support to small businesses across the country and facilitates the urgent use of capital and support to help these organizations not only persevere, but also recover on a solid foundation. Businesses with white and/or green zones can receive Color Curb renewal invoices. Renewals for white and green zones are billed every two years. If your business is closed due to COVID-19, please email email@example.com to postpone renewal or revoke the zone.
All late fees will be temporarily waived. More information can be found here. The City allows businesses to apply for a free, expedited permit to use the sidewalk or parking lane for restaurant pickup and general retail. Apply here. According to the guidelines of the I.R.S. published on May 12, 2020, companies now have more flexibility to allow workers to make changes to their health insurance plans outside of a filing period. The change does not require employers to offer these options. They need to sign up if they want to give their employees additional flexibility. This can be applied to health insurance plans retroactively to January 1, 2020.
The Economic Disaster Loan (EIDL) is the Disaster Loan from the Federal SBA. It offers loans of up to $2 million to SF companies, non-profit organizations, some self-employed, sole proprietors, and independent contractors. USD with interest rates of 3.75% (2.75% for non-profit organizations). Loans can be used to pay fixed debts, pay slips, accounts payable, and other bills. No personal guarantee required for loans of $200,000 or less. On December 27, 2020, new funding was added to the LTRT`s Advance Grant Program. The SBA has resumed processing applications on a first-come, first-served basis. See Google Translate versions of this page: عربى (Arabic), বাঙালি (Bengali), 中文 (Chinese), German (German), Kreyòl ayisyen (Haitian Creole), हिंदद (Hindi) ), italiano (Italian), 한국어 (Korean), Polski (Polish), Русскийy (Russian), español (Spanish), יידיש (Yiddish) Mission Economic Development Agency (MEDA) (415) 282-3334 Have you been affected by COVID-19 or the On-Site Shelter Order and have your employees continued to pay? Need help? ✺ Read our FAQ to learn more ✺ If you still have questions, contact our Small Business Support Center 415-554-6134, firstname.lastname@example.org ✺ Or contact one of these San Francisco-based legal advice providers: Legal Services for Contractors 415-543-9444 x217, email@example.com SF Bar Association 415-782-8940, firstname.lastname@example.org Vaccines.gov makes it easy to find COVID-19 vaccination sites.
Select the vaccine you want and search by postal code. Depending on your location, you may be able to choose from pharmacies, Ministry of Health clinics, and other health care providers. For more information on calculating your number of full-time equivalents, check out our detailed guide. Eligibility For more information on what to do if you are unable to pay your rent and forbearance process, please visit our Moratorium on Commercial Eviction page. Are you involved in a low-interest SBA catastrophe loan of up to $2 million interested? Emergency Capital Investment Programs Support the Efforts of Low- and Middle-Income Financial Institutions SFMTA Color Curb Renewal Late Fees ━ TEMPORARILY SUSPENDED ✺ Find ALL COVID-19 health regulations and policies published since the beginning of the pandemic ✺ CDC COVID-19 Guidance for Businesses & Workplaces ✺ Right to re-employment after leave due to the COVID-19 pandemic If you are looking for rental help Looking for of residential real estate, please visit the New York State Temporary Help and Disability Office (OTDA) for more information on the Emergency Rent Assistance Program (ERAP). .