Resources - Businesses

Valuable information and resources for local businesses and employers impacted by COVID-19 and government orders, including financial support services.

FINANCIAL ASSISTANCE

Federal Aid - SMALL BUSINESS ADMINISTRATION (SBA)

STATE & COUNTY ASSISTANCE

  • The Small Business Stabilization Loan Program being launched in January 2021 is an affordable and flexible business loan program to support and help stabilize businesses in Los Angeles County. Loans range from $50,000 to $3 million, and can be used for working capital, equipment purchases, inventory, or refinancing of existing loans at higher interest rates. Applications will begin being accepted on Thursday, January 28, and the application period will remain open indefinitely. In order to apply, eligible businesses will be required to attend the “Applying for An Affordable & Flexible LACDA Loan” webinar and complete a one-on-one counseling session. Learn more at bizstabilization.lacda.org.

  • The LA County Development Authority (LACDA) launched "Keep LA County Dining," a grant program to assist small restaurant owners impacted by COVID-19 restrictions by providing $30,000 to use as working capital for employee payroll expenses, capital to continue operations, payment of outstanding business expenses, and adaptive business practices needed to remain open.
  • The LA County Department of Public Health (DPH) is offering the COVID-19 Safety Compliance Certificate Program (CSCCP), a no-cost, online training program to help educate and train business owners on the implementation of the County's COVID-19 safety protocols. The training will soon be available in 13 languages. After completing the training, businesses receive a COVID-19 Safety Compliance Certificate that can be posted on storefronts informing consumers the business has completed essential training to prevent the spread of COVID-19.
  • The LA Regional COVID-19 Recovery Fund has been established by the County and City of Los Angeles, in partnership with institutional and corporate philanthropy, to provide support for micro-entrepreneurs, small businesses, and non-profits across LA County. Grants up to $5,000 are available to micro-entrepreneurs and $15,000 for small businesses and nonprofits .Learn more and apply online at www.LACovidFund.org or call 833-238-4451.
  • The California Governor’s Office of Business & Economic Development has a website for businesses impacted by COVID-19 at Business.CA.gov/Coronavirus-2019.. 
  • The Los Angeles Economic Development Corporation (LAEDC) offers one-on-one consultation regarding non-traditional loans for impacted businesses, capital and tax incentives, and cost containment strategies to maintain operations and avoid layoffs. Email LAEDC at COVID19Response@LAEDC.org.
  • Los Angeles County Rapid Response offers services for businesses and their workers impacted by layoffs. Connect with benefits, unemployment insurance, and other services by emailing BizDev@WDACS.LACounty.gov.
  • California’s Work Sharing Program provides an alternative to layoffs for businesses with reduced work or production. Visit EDD.ca.gov/Unemployment/Work_Sharing_Program.htm
  • The California Dept of Insurance strongly recommends that businesses review their business interruption insurance policies and contact their insurance companies to determine what their policies cover with regard to loss of business income due to recent orders suspending business operations. If your commercial insurance claim was denied, request an investigation at Insurance.CA.gov/01-Consumers/101-help.

ADDITIONAL INFORMATION & RESOURCES