The Shasta EDC is committed to provide information on resources that are available for businesses. This is not the complete list of information but provide resources for manufacturers and small businesses. If you have any questions or need assistance, please don’t hesitate to contact the Shasta EDC at (530) 224-4920.
Under the Paycheck Protection Program, you can receive funding from your bank that is 100% Federally Guaranteed. You can be eligible for up to 8 weeks of the loan forgiven that covers your operating expenses including, payroll, rent, mortgages, and utilities.
This is the link to Frequently Asked Questions from the U.S. Senate Committee on Small Business and Entrepreneurship. To receive the funds, you must apply with a bank that is an SBA Approved Lender. Most local banks are eligible. Contact your bank for more information. The program will be live on Friday, April 3, 2020.
The Economic Injury Disaster Loan from the Small Business Administration (SBA) is the best source of working capital from the Federal Government. EVERY business should apply if they are in need of financing. Here are some details for the EIDL:
Critical Infrastructure: If you are part of a supply chain for critical infrastructure, it is imperative that you are open and are following federal and state guidelines to operate. For the complete list of Critical Infrastructure from the Department of Homeland Security click here.
The Governor’s Office of Business and Economic Development (GO-Biz) has compiled helpful information for employers, employees, and all Californians as it relates to the Coronavirus (COVID-19) pandemic. For the State Website, click here.
This page compiled by the U.S. Small Business Administration offers information on other programs offered by the SBA and information for employers. Click Here.