The deadline for the latest round of COVID-19 relief for California’s small businesses is Wednesday and child care providers are encouraged to apply.
In this latest round of funding, $2 billion in grants will provide up to $25,000 for small businesses impacted by the pandemic.
The program is not on a “first come, first served” basis. Instead, recipients will be awarded based on program priority factors, including COVID health and safety restrictions following California’s Blueprint for a Safer Economy, local county status and the new Regional Stay At Home Order.
Funds may be spent on payroll and employee benefits, rent, utilities and other overhead expenses, costs associated with re-opening after a full or partial closure, and COVID-19 compliance expenses like personal protective equipment, masks and cleaning supplies.
Businesses that claimed up to $100,000 on 2019 taxes may receive up to $5,000 through this grant. For businesses with gross revenue between $100,000 and $1 million, the maximum award is $15,000. The full $25,000 grant is available to businesses that claimed over $1 million in 2019 income.
To qualify, the small business must be based in California and operating since before June 1, 2019. Business must be impacted by COVID-19 health and safety restrictions such as business interruptions or business closures. Applicants must be able to provide organizing documents including 2019 tax returns and other tax documents, as well as an acceptable form of government-issued photo ID.
To apply for the grant, visit CAReliefGrant.com and complete an application through an online portal by Lendistry. Then upload financial and organizational documents. Self-certify the information is accurate and submit the application.
Additional information about the application process can be found here.
A sixth round of grant funding may become available to CA small businesses in the future but a date has not been announced.