Identity Verification Technology and UI Benefits: The California Employment Development Department launched identity verification technology, which is a new component of the unemployment benefit application process. The new technology is intended to more efficiently and effectively verify the identity of a claimant at the onset of a claim thus reducing delays associated with the manual review, while also making it more difficult for scammers to enter the application process. https://www.edd.ca.gov/About_EDD/pdf/news-20-52.pdf Daily updates are available through EDD’s new:
Unemployment Continued Claims Backlog Dashboard: Reflects individuals who received at least one payment and are now waiting more than 21 days for further processing of payment or disqualification in this week-by-week eligibility based program.
PPP Loan Forgiveness: According to news reports, the Small Business Administration will be announcing new policies regarding the loan forgiveness provisions under the Paycheck Protection Program (PPP). Multiple accounts are stating the lenders will have the ability to approve loan forgiveness without prior approval from the SBA. Congress is considering at least one proposal to provide a blanket loan forgiveness approval for PPP loans under $180,000.
Federal Reserve Calls for Fiscal and Monetary Economic Supports: Federal Reserve Board Chair Jerome H. Powell spoke at the National Association for Business Economics annual meeting on October 6, 2020. Excerpts from his speech include the following:
“Given the condition of the economy, in the early stages of the crisis it seemed plausible that, with a rapid, forceful, and sustained policy response, many sectors of the economy would be able to bounce back strongly once the virus was under control…
Widespread economic shutdowns began in March, and in the United States, with many sectors shut down or operating well below capacity, real GDP fell 31% in the second quarter on an annualized basis. Employers slashed payrolls by 22 million, with those on temporary layoff rising by 17 million…
In response, we deployed the full range of tools at our disposal, cutting rates to their effective lower bound; conducting unprecedented quantities of asset purchases; and establishing a range of emergency lending facilities to restore market function and support the flow of credit to households, businesses, and state and local governments...
The burdens of the downturn have not been evenly shared. The initial job losses fell most heavily on lower-wage workers in service industries facing the public—job categories in which minorities and women are overrepresented…
We should continue do what we can to manage downside risks to the outlook. One such risk is that COVID-19 cases might again rise to levels that more significantly limit economic activity, not to mention the tragic effects on lives and well-being…
A second risk is that a prolonged slowing in the pace of improvement over time could trigger typical recessionary dynamics, as weakness feeds on weakness. A long period of unnecessarily slow progress could continue to exacerbate existing disparities in our economy…
At this early stage, I would argue that the risks of policy intervention are still asymmetric. Too little support would lead to a weak recovery, creating unnecessary hardship for households and businesses. Over time, household insolvencies and business bankruptcies would rise, harming the productive capacity of the economy, and holding back wage growth...
Refunds from Health Insurers: California Insurance Commissioner Ricardo Lara issued a Notice to California health insurance and specialized health insurance companies. The notice encouraged insurers to provide refunds to their policy and certificate holders reflecting the substantially lower utilization of medical care in response to the COVID-19 pandemic and the resulting “stay-at-home” orders. The announcement notes that months’ long deferral of medical care and treatment for ailments unrelated to COVID-19 has resulted in record net profits. http://www.insurance.ca.gov/0400-news/0100-press-releases/2020/release098-2020.cfm
2020 California Steward Leader Awards: California Forward announced that nominations are being accepted for the 2020 California Steward Leader Awards. These awards will be presented at this year's California Economic Summit to individuals who have contributed significantly to the alignment of public, private, and civic sector resources toward advancing the triple bottom line of promoting economic, social and environmental progress. Submissions are due by October 31. https://summit.caeconomy.org/steward
Credit Builder Loan Toolkit: The Credit Builders Alliance (CBA) has launched a Credit Builder Toolkit. CBA is a national nonprofit network dedicated to building the capacity of a diverse and growing network of hundreds of nonprofits across the country. https://cbatraininginstitute.org/credit-builder-loan-toolkit/
Free Disaster-related Legal Services for Wildfire Survivors: Governor Newsom announced a new program to provide free disaster-related legal services for qualifying wildfire survivors in Butte, Lake, Monterey, Napa, San Mateo, Santa Clara, Santa Cruz, Solano, Sonoma and Yolo counties. This program is a partnership between the state, FEMA, and the American Bar Association Young Lawyers Division. To access resources, survivors should call the disaster legal services hotline at (888) 382-3406. Help is available in several languages. http://www.oesnews.com/free-legal-help-available-for-disaster-survivors/.
Modification of Federal Prevailing Wage Methodology: The US Department of Labor issued an Interim Final Rule that modifies the prevailing wage methodology used by the Department in several foreign worker programs, including the H-1B, H-1B1, and E-3 Visa programs. https://www.dol.gov/newsroom/releases/eta/eta20201006
CURRENT GUIDANCE ON COVID-19 AND FIRE RESPONSE AND RECOVERY ACTIONS
Blueprint for a Safer Economy: Businesses can check out the status of the reopening of their county through the Blueprint for a Safer Economy (https://covid19.ca.gov/safer-economy/). This is the state’s four tier reopening plan. Tier 4 (purple) has the most restrictions and Tier 1 (yellow) has the fewest.
Blueprint Updates: On Tuesday, October 6, 2020, the California Department of Public Health announced changes to county placement within the 4-tier Blueprint for a Safer Economy. Changes listed below and an updated California map provided:
Merced, Ventura, and Yuba Counties moved to Red – Substantial Tier
Inyo County moved to Orange – Moderate Tier
Humboldt, Plumas, Siskiyou, and Trinity moved to Yellow – Minimal Tier
Shop Safe Shop Local: GO-Biz is leading a campaign to remind Californians to shop local and help small businesses prepare for the business realities of COVID-19. The #ShopSafeShopLocal website highlights free / discounted resources to help small businesses get digital, find e-commerce tools, learn more about industry guidance, locate small business centers, and access PPE. https://business.ca.gov/shopsafeshoplocal/
Safely Making Web Platform: California manufacturers who produce PPE, including face masks and gloves, can advertise their wares on https://www.safelymakingca.org/. The website is a joint effort by the California Manufacturers and Technology Association (CMTA) and the State of California. A manufacturer does not have to be a member of CMTA to participate. To apply, manufacturers should complete this form. At his September 9, 2020, press conference, Governor Newsom announced that the web platform currently included 450 California manufacturers.
Equity Metric Added to Blueprint for Re-Opening: The Blueprint for a Safer Economy has been expanded to include a health equity metric. This information will be used in combination with the county’s case rate and test positivity rates to determine a county's tier. https://www.cdph.ca.gov/Programs/CID/DCDC/Pages/COVID-19/CaliforniaHealthEquityMetric.aspx The purpose of this new metric reflects the disproportionate impact COVID-19 has had on certain population groups, including rates of hospitalizations and death. The health equity metric and requirements become effective October 6, 2020.
Individuals and Businesses Impacted by Fires: The Employment Development Department is accepting Federal Disaster Unemployment Assistance applications for workers, business owners and self-employed individuals who lost their jobs or businesses or had their work hours substantially reduced as a result of the wildfires that began in several California counties on August 14, 2020. https://www.edd.ca.gov/About_EDD/pdf/news-20-43.pdf Individuals can receive up to $450 per week in benefits for a maximum period of 27 weeks. Applications can be submitted through this webpage: https://www.edd.ca.gov/unemployment/UI_Online.htm
SBA Fire Disaster Assistance: The US Small Business Administration has opened a virtual Business Recovery Center and virtual Disaster Loan Outreach Center. The centers are available Mondays – Fridays from 9:00 a.m. – 6:00 p.m. and can be accessed through this email (FOCWAssistance@sba.gov) or (916) 735-1500. These services are only available for the California disaster declaration as a result of the wildfires that began Aug. 14, 2020, and not for COVID-19-related assistance.
FEDERAL AND STATE LEGISLATIVE ACTIONS RELATED TO COVID-19, ADDRESING STRUCTURAL RACISM, AND ECONOMIC RECOVERY
Congressional Testimony on PPP and EIDL Fraud: The Inspector General of the US Small Business Administration testified before the Committee on Small Business, Subcommittee on Investigations, Oversight and Regulations in the US House of Representatives. The hearing was titled "Preventing Fraud and Abuse of PPP and EIDL: An Update with the SBA Office of Inspector General and the Government Accountability Office.” https://www.sba.gov/article/2020/oct/01/testimony-inspector-general-hannibal-mike-ware-house-committee-small-business-subcommittee
Analysis of US House of Representatives Stimulus Package: The US House of Representatives Speaker Pelosi passed a $2.2 trillion stimulus package on October 1, 2020, House Resolution 8406. This package was scaled back from the $3.4 billion package passed by the House in May 2020 in House Resolution 6800, and more than double the size of the last official Senate Republican proposal of $1 billion. According to an analysis prepared by the National Association of Counties, the revised House package includes the following:
A $600-per-week supplemental pandemic jobless benefit
A second round of $1,200 direct payments to most individuals
Scales back the aid package to state and local governments to $436 billion, including $89.5 billion to counties
Provides retroactive changes to increase the flexibility of the Coronavirus Relief Fund established under the CARES Act, including expanding the use of those funds to cover lost, delayed or decreased revenue stemming from the COVID public health emergency and extending the date of expenditure for CARES funds to December 31, 2021
Re-capitalizes the Paycheck Protection Program: 25% (up to $15 billion) to community lenders
Calls on the SBA to reduce the interest rate on the EIDL, defer payments for up to 4 years, and use discretion in applying underwriting requirements on loans to the hardest hit small businesses
$50 billion in grants to small businesses impacted by the COVID-19 pandemic, most likely through EIDL Cash Advance program
Establishing a new $15 billion state and local grant program that would be provided through a network of community-based partners
A large gap exists between the number of students who hope to transfer and those who do: 19% of students with a stated transfer goal do so within four years; 28% do so within six years.
Transfer rates are higher among students who successfully complete 12 units and take any English or math course within their first three years: 26% transfer within four years and 39% within six.
Many students transfer without completing a full lower-division course load. Slightly over half of students who transfer earn enough transferable units that would grant them junior status.
Equity gaps are a big concern. While Latino students represent 51% of students who declare a degree/transfer goal, they represent 35% of those who transfer within four years; African American students represent 7% and 5%, respectively.
Transfer rates are higher for students who successfully complete gateway transfer-level math (51% within four years) or accumulate 30 or more transferable units (73%) in their first year, and for those who earn an Associate Degree for Transfer (50%).
Recent reforms have made it possible for more students to successfully complete gateway math and English courses in their first year.
Women’s Well-Being Index: The California Budget and Policy Center released a Women’s Well-Being Index, which provides a breakdown of women’s well-being statewide and by all 58 counties, plus information by race and ethnicity. https://calbudgetcenter.org/resources/womens-well-being-index/ The Women’s Well-Being Index covers a range of issues, including health, personal safety, employment and earnings, economic security, and political empowerment.
CA Completing 2020 US Census: The US Census Bureau maintains a website displaying information on each state’s progress in completing the 2020 Census. According to the website, as of October 6, 99.9% of all California households have submitted census forms. Approximately 30.6% of those households reported after being canvased by official census takers. California is one of 33 states and territories reporting 99.9% completion rates. These rates do not include individuals with informal housing arrangements. https://2020census.gov/en/response-rates/nrfu.html?utm_campaign=20200920msc20s1ccallnl&utm_medium=email&utm_source=govdelivery The 2020 Census concluded data collection operations on October 5, 2020.
State Unemployment Benefit Data: The Employment Development Department (EDD) released new unemployment insurance data for California on October 1, 2020. https://www.edd.ca.gov/About_EDD/pdf/news-20-51.pdf EDD stopped accepting new claims between September 20 to October 4, 2020, in order to address the million+ backlog. Among other information, the weekly Unemployment Benefits report for the period prior to the shutdown states:
137,016 initial Unemployment Insurance (UI) and Pandemic Unemployment Assistance (PAU) claims were filed for the week ending September 19, 2020.
11 million initial and extension unemployment benefit claims have been filed with EDD between March 14 and September 19, 2020.
$93.8 billion has been paid to out-of-work Californians since the start of the pandemic, including the back-logged claims processed during the reset period.
National Unemployment Data: The US Bureau of Labor Statistics released national unemployment figures for September 2020, showing total US nonfarm payroll employment rose by 661,000 and the unemployment rate fell to 7.9%. These numbers reflect 13.6 million unemployed people in the US with a labor participation rate of 61.7%. While moving in a positive direction, economists note that the rate of re-employment has slowed considerably this month as compared to the 1.4 million month over gain in additional jobs between July and August 2020. https://www.bls.gov/news.release/empsit.nr0.htm The labor force participation rate continued to decrease in September to 61% and is 2.0% lower than in February 2020.
State Unemployment Data: California unemployment for August 2020 was 11.4%, down 2.1% from July 2020. For yearly comparison, in August 2019, California unemployment was reported as 3.9%. State-level data for September 2020 will be available on or after October 15.
California Community Reinvestment Grants Available: The Governor’s Office of Business and Economic Development announced that the California Community Reinvestment Grants program application for Fiscal Year 2020-21 is now available via a link at www.business.ca.gov/CalCRG. A pre-recorded technical assistance/program overview webinar, the California Community Reinvestment Grants Online Application Portal User Guide, and the Fiscal Year 2020-21 Grant Solicitation are also available at www.business.ca.gov/CalCRG. The application process is divided into two phases, and Phase 1 applications must be submitted no later than 11:59 pm on Monday, November 2, 2020.
Economic Mobility Corps Grants Available: The Community Development Financial Institutions Fund (CDFI Fund) and AmeriCorps announced the availability of $1.9 million in grants to support the Economic Mobility Corps. The Economic Mobility Corps is a joint initiative of the two organizations that place full-time national service members in Certified Community Development Financial Institutions (CDFIs) to enhance their capacity to provide financial literacy, financial planning, budgeting, saving, and other financial counseling activities. Economic Mobility Corps members receive training on the principles of financial counseling and financial literacy and assist CDFIs in promoting access to capital and credit in distressed and underserved areas. https://www.cdfifund.gov/news-events/Pages/news-detail.aspx?NewsID=397&Category=Updates
Dislocated Worker Grants: The US Department of Labor announced the awarding of 15 additional Dislocated Worker Grants (DWGs) totaling $118,034,389 to help address the workforce-related impacts of the coronavirus public health emergency. This additional funding is being provided using the Dislocated Worker Grant National Reserve Funds. California Department of Employment Development received $847,750. https://www.dol.gov/newsroom/releases/eta/eta20200929-3
CDFI Fund Awards $204.1 Million: The US Department of the Treasury announced the awarding of $204.1 million to 397 Community Development Financial Institutions (CDFIs) under its CDFI Fund Program. The awards are intended to support CDFIs as they increase lending and investment activity in low-income and economically distressed communities across the nation.
General CDFI Program: Of the $127 million awarded through the general program, funding went to 207 loan funds, 108 credit unions, 36 banks/holding companies, and 6 venture capital funds. Over 60 California applicants received awards, including CAMEO, California Capital, AmPac Tri-State CDC, California Community Economic Development Association, Clearinghouse CDFI, Genesis LA Economic Growth Corporation, Opportunity Fund, REDF Impact Investing Fund, and Working Solutions CDFI. https://www.cdfifund.gov/Documents/DRAFT%202020%20CDFI%20FA%20TA%20Award%20Book%20091820_vapproval2.pdf
Native American CDFI Assistance Program: $12.5 million in financial assistance was awarded to 20 CDFIs headquartered in 13 states. An additional $2.0 million was awarded in technical assistance grants to 20 CDFIs headquartered in 14 states to provide technical assistance. None of the CFDIs receiving funds are headquartered in California. https://www.cdfifund.gov/Documents/DRAFT%202020%20NACA%20Award%20Book%20091820_v%20approval2.pdf
FALL IS CONFERENCE TIME
2020 Space and Cybersecurity Symposium: The California Polytechnic State University at San Luis Obispo is hosting the 2020 Space and Cybersecurity Symposium from October 5 to 8, 2020.
Major Speakers: Representatives from US Space Force, industry, and higher education. On October 8, Deputy Secretary Stewart Knoxof the Labor Agency will be discussing workforce issues.
Inland Empire Latino Economic and Policy Summit: The Inland Empire Economic Partnership, a member of the California Stewardship Network, is hosting the Inland Empire Latino Economic and Policy Summit on October 13 and 14, 2020, from 9:00 am to noon.
Major Speakers: The Summit will bring together high-level regional policy makers, corporate partners, and education and community leaders to tackle these issues and create a roadmap for a stronger Inland Empire.
CHCC Statewide Convention: California Hispanic Chamber of Commerce is holding its annual statewide convention October 14 to 16, 2020. This year’s theme is Momentum.
CalAsian Resiliency & Recovery Summit: The California Asian Pacific Chamber of Commerce is hosting a California Resiliency and Recovery Summit on October 13, 2020, from 9:00 am to noon. The event is being held in partnership with California State University, Sacramento and Asian/Pacific Islander Chamber of Commerce and Entrepreneurship.
Major Speakers: Labor Secretary Julie Su and Assemblymembers Low, Kalra, and Muratsuchi.
Lunch: There is no cost to attend and lunch will be "provided" by Postmates in form of a meal credit on their platform.
Additional Information: David Nelson | dnelson@calasiancc.org | 916.446.7883.
California Retailers Annual Meeting: The California Retailers Associationis holding itsannual meeting on October 23, 2020, beginning at 8:00 am. The meeting will include the election of the association’s Board of Directors, a legislative and regulatory update, briefing on the November ballot initiatives, and a discussion of member priorities for the next legislative session. https://calretailers.com/cra-annual-meeting-2020/
California Economic Summit: California Forward announced the opening of registration for the 2020 California Economic Summit, which is the ninth annual gathering of private, public, and civic leaders dedicated to building an inclusive and sustainable economy. The event will be 100% virtual with workshops and general sessions scheduled for December 3 and 4. https://summit.caeconomy.org/registration
LOSS OF A SMALL BUSINESS FRIEND
Dr. Alma Salazar passed. Below is a thoughtful notice published by the California Edge Coalition.
The California EDGE Coalition Board and staff are heartbroken over the loss of our amazing Board Vice President, Dr. Alma Salazar. Alma was a fighter and a bright light to everyone who knew her. She never stopped showing up for the cause, lending her fighting spirit and expertise everywhere she could, even while facing her own tremendous struggle with cancer.
Alma has been a guiding force on the EDGE Coalition Board for many years, most recently serving on the Executive Committee and as Vice President of the Board. She brought her deep insight, courageous voice and commitment to equity and social justice to all she undertook. Her unwavering focus on the urgent need for leaders across the public and private sectors to come together to make a difference challenged us to aim higher and achieve more.
As many know, Alma was a powerhouse across a variety of leadership roles including her longtime work at UNITE-LA, most recently as Executive Vice President, and her service on the California Community Colleges Board of Governors, the National Skills Coalition Board of Directors, the Coalition for Humane Immigrant Rights’ Board of Directors, as well as the CA EDGE Coalition Board. Her passion and commitment to fighting for equity and economic mobility for all moved California and the nation closer to shared prosperity. For this, and for so much more, we will forever be grateful to Alma.
In accordance with her family’s wishes and the work to which she dedicated her career, Unite-LA is establishing a scholarship in her name. For those wishing to join in honoring Alma, please reach out to Natalie Pitman, UNITE-LA's Director of Operations and Strategy, at npitman@unitela.com, or feel free to send checks with a note indicating, Alma Salazar Scholarship, to UNITE-LA, 1055 Wilshire Blvd., Suite 1750, Los Angeles, CA 90017.
All of us here at EDGE send our deepest sympathies and condolences to Alma’s family. Alma, we will miss you.
With gratitude, love and utmost respect,
The California EDGE Coalition Family
GOOD NEWS ABOUT SMALL BUSINESS AND ECONOMIC DEVELOPMENT FRIENDS
October is Manufacturing Month: Plans are getting underway for national Manufacturing Day 2020 on Friday, October 2, 2020. Here in California, we recognize that manufacturing is too important for a single day, so we celebrate October as Manufacturing Month!
Social Media Tips: Use the hashtag #MFGDay20 and #MakingCA. Don’t forget to add your manufacturing partners, such as @cmta and @cmtc, as well as other service providers and elected officials who support manufacturing throughout the year. Some good suggestions include @AsmCevantes (JEDE Committee Chair) and @IsabelCGuzman (California Small Business Advocate).
October is Women Business-Owner Month: If your organization is planning events that you think the small business community should know about – send Ben and I an email: benjamin.warheit@asm.ca.gov and toni.symonds@asm.ca.gov. We would love to help spread the word.
October is National Disability Employment Awareness Month: The US Department of Labor will lead the commemoration of October 2020 as National Disability Employment Awareness Month. This year’s theme is the 30th anniversary of the Americans with Disabilities Act. Economic and business development organizations are encouraged to use this as an opportunity to hold events and activities highlighting and honoring the contributions of our other-abled workers to the success of our communities and economy. https://www.dol.gov/newsroom/releases/odep/odep20201001
The American Indian Chamber of Commerce of California and the American Indian Chamber Education Fund are hosting a Heritage Month Commemorative Luncheon on Friday, November 6, 2020, at the Agua Caliente Resort. There will be special presentations of the 21st Annual Warrior Awards and American Indian Student Scholarships. https://www.eventbrite.com/e/native-american-heritage-month-luncheon-2020-tickets-124464120535 or call (213) 448-2330 or events@aicccal.org.
The American Indian Chamber of Commerce of California, the Procurement Technical Assistance Center serving Native American entrepreneurs, is hosting a Tribal Business Empowerment Journey Program on Thursday, November 5, 2020.
National Apprenticeship Week is November 8 to 14: The US Department of Labor announced that the sixth annual National Apprenticeship Week will occur from November 8 through 14, 2020. According to the announcement, National Apprenticeship Week is a “nationwide celebration that gives businesses, communities, and educators the opportunity to highlight their apprenticeship programs and apprentices, and demonstrate the value apprenticeship programs offer businesses, careers seekers, and the community as a whole. The weeklong initiative will focus on themes and industries in which apprenticeships are making a significant difference for American workers, including technology, healthcare, financial services, advanced manufacturing, cybersecurity, and more.” https://www.dol.gov/newsroom/releases/eta/eta20201007
UPDATES ON COVID-19 RESPONSE AND RECOVERY PROGRAMS
New UI and PUA Claim Processing is on Hold: The Employment Development Department (EDD) announced a two-week reset period (September 20 to October 4, 2020) on the processing of new unemployment insurance (UI) benefits, including the Pandemic Unemployment Assistance payments for independent contractors. The processing hold comes as a result of a report released by a Strike Team deployed in July 2020 to review the EDD’s processes and identify improvements to address the historic claim volumes experienced during the pandemic. This two-week reset will also allow EDD to reduce UI claim backlog. The reset does not impair existing claimants from managing their UI Online account. https://www.edd.ca.gov/Jobs_and_Training/pubs/wsin20-13.pdf
The Federal Reserve Board updated its Frequently Asked Questions (FAQs) for the Main Street Program to reflect the Board and Department of Treasury's expectations regarding lender underwriting. According to the announcement, the revised FAQs emphasize that lender underwriting should look back to the borrower's pre-pandemic condition and forward to their post-pandemic prospects. https://www.federalreserve.gov/newsevents/pressreleases/monetary20200918a.htm
COVID-19 PPP Aggregate-Level Data Update: The US Small Business Administration released program utilization information for the Paycheck Protection Program (PPP). As of August 8, 5.2 million PPP loans have been approved in the US for a total of $525 billion. In California, 623,360 PPP loans have been approved for a total of $68.6 billion. This program is closed to new applicants.
SBA Weekly Lending Reports: The US Small Business Administration (SBA) released its weekly lending report for the week ending September 30, 2020. Information includes race, ethnicity, gender, and veteran participation in the SBA 7(a), 504, and Advantage Loan Programs. https://www.sba.gov/document/report-2020-weekly-lending-reports
COVID-19 EIDL Aggregate-Level Data Update: The US Small Business Administration released program utilization information for the Economic Injury Disaster Loan (EIDL). As of September 14, 3.5 million EIDL loans have been approved in the US for a total of $190 billion. In California, 546,783 EIDL loans have been approved for a total of $33.9 billion. Link to a PowerPoint displaying data for loan activity through 09/14/2020: https://www.sba.gov/document/report-covid-19-eidl-loans-report-9-14-20 A new FAQ was issued on September 24, 2020 (https://www.sba.gov/document/support-faq-covid-19-economic-injury-disaster-loan-eidl).
CA Small Business Loans: The Governor’s Office of Emergency Services received updates from the US Small Business Administration on small businesses that are utilizing the two federal disaster loan programs, the Economic Injury Disaster Loan and Paycheck Protection Program (closed to new applicants).
Wildfire - SBA Disaster Assistance
CA Loans (EIDL) Approved (as of 10/01)
15
Dollar Amount of CA Loans (EIDL) Approved (as of 10/01)
$971,200
CA Home Loans Approved (as of 10/06)
152
Dollar Amount of CA Home Loans Approved (as of 10/06)
$17,657,300
Total Dollars Approved (as of 10/06)
$18,628,500
COVID - SBA Disaster Assistance
CA Loans (EIDL) Approved (as of 8/15)
533,876
Dollar Amount of CA Loans (EIDL) Approved (as of 8/15)
$33,022,133,987
CA Loan Advances (EIDL) Approved (as of 7/15)
809,792
Dollar Amount of CA Loan Advances (EIDL) Approved (as of 7/15)
$2,666,662,000
Payment Protection Plan (as of 8/8)
5,212,128
Payment Protection Plan Approved (total) (as of 7/31)
*Data received from Great Plates Data Portal updated twice per week.
FREE WEBINARS
JEDE maintains a list of on-demand webinars on our website. You can access this list at https://ajed.assembly.ca.gov/content/demand-webinars-available-24-7. Webinars cover a range of topics, including federal disaster programs, marketing during the COVID-19 pandemic, and accessing international markets.
