State COVID-19 Response and Recovery Programs
In response to the increasing dangers of the coronavirus emergency, the California state government implemented a series of programs to support small businesses through this difficult time.
Free Technical Assistance Through Local and Regional Small Business Centers
Califoria has a robust set of small business technical assistance and financial assistance centers.
At these centers, small businesses can access free and low cost business counseling and workshops to address their specific needs. The network of over 90 centers, means small businesses throughout the state can access help from business professions who understand local market conditions. One-on-one business counseling and workshops available in over 17 languages.
Get connected to a center near you: Small Business Centers | California Office of the Small Business Advocate (CalOSBA)
Centers Serving California Small Businesses: Small Business Development Centers, Wmen's Business Developemnt Centers, Minority Business Development Adminsitration Centers, Procurement Technical Assistance Centers, Small Business Financial Development Centers, and Veteran Business Outreach Centers.
Sales and Use Tax Deferrals
Effective December 15, 2020, small business taxpayers with less than $5 million in taxable annual sales, can take advantage of a 12-month, interest-free, payment plan for up to $50,000 of sales and use tax liability only. All payment plans must be paid in full by April 30, 2022, to qualify for zero interest. https://www.cdtfa.ca.gov/services/covid19.htm#small-business-payment While the program is now closed, the website includes information relating to repayments.
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Businesses with $5 million or more in annual taxable sales in sectors particularly impacted by operational restrictions due to the pandemic may also apply for this 12-month interest-free payment plan.
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A business that previously took advantage of the 12-month, interest-free payment plan that must be paid in full by July 31, 2021, may also request to participate in this new 12-month interest-free payment plan.
California Small Business COVID-19 Relief Grant Program
The Legislature approved and the Governor signed the largest grant program in the nation to help small businesses and small nonprofits make ends meet during the pandemic. With over $4 billion in funding available, the California COVID-19 Relief Grant Program makes awards of $5,000, $10,000, and $25,000 to eligible applicants, based on the size of the business.
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Grant Portal: https://careliefgrant.com/
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The program is now closed for new applications.
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Summary of Awards: Publications (Please scroll to the "California Small Business COVID-19 Relief Grant Program.")
California Small Business Relief Loan Guarantee Program
Businesses who do not qualify for the either the Payment Protection Program or the Economic Injury Disaster Loan Program had the option of applying to a state disaster program, the California Small Business Disaster Relief Loan Guarantee Program.
While the disster program is now closed, the regular Small Business Loan Guarantee Program is available. Loan guarantees are offered through a statewide network of seven Small Business Financial Development Corporations who will assist small businesses in applying for a loan of up to $1.5 million.
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Small Business Disaster Relief Loan Guarantee Program Overview
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List and Contact Information for the Seven Small Business Financial Development Corporations
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Small Businesses may also apply directly to 13 lenders, who are specifically designated to participate in this program