CA Relief Grant Reopens: Rounds 7-9 begin August 3rd
The California Small Business COVID-19 Relief Grant Program just announced rounds 7-9 will commence in the coming weeks. These $5,000 to $25,000 grants are available to eligible small businesses impacted by COVID-19.
“….The additional $1.5 billion expansion, for a total of $4 billion, makes California’s small business relief program the largest in the country. The funding will support small businesses and nonprofits that have been highly impacted by COVID-19.”
Round 7: Waitlisted applicants from certain previous rounds
Selection Window: Tuesday, August 3rd through Thursday, September 16th
New applications will not be accepted in this round.
Round 8: Nonprofit cultural institutions only:
Application window: Friday, August 27th through Wednesday, September 8th
Eligible applicants: Only non-profit cultural institutions with any revenue size that meet eligibility criteria found at CAReliefGrant.com
Round 9: New Applicants and Waitlisted applicants from certain previous rounds
Application window: Thursday, September 9th through Thursday, September 30th
Eligible applicants: current waitlisted applicants from certain previous rounds and new applicants that meet eligibility criteria found at CAReliefGrant.com
Visit www.
CAReliefGrant.com for more info
Contact your local SBDC for general questions or Lendistry Support for portal issues.
Lendistry Contact Information:
Monday – Friday – 7AM – 7PM PST
888.612.4370
careliefgrant@lendistry.com
~~~
The SBA just issued a press release, stating that a new PPP forgiveness online portal (for loans of $150k or less) is set to go live on Wednesday, August 4th:
WASHINGTON – The
U.S. Small Business Administration (SBA) is launching a streamlined application portal to allow borrowers with
Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.
“The SBA’s new streamlined application portal will simplify forgiveness for millions of our smallest businesses -- including many sole proprietors -- who used funds from our Paycheck Protection Program loans to survive the pandemic,” said Administrator Isabel Casillas Guzman. “The vast majority of businesses waiting for forgiveness have loans under $150,000. These entrepreneurs are busy running their businesses and are challenged by an overly complicated forgiveness process. We need to deliver forgiveness more efficiently so they can get back to enlivening our Main Streets, sustaining our neighborhoods and fueling our nation’s economy.”
…. Borrowers that need assistance or have questions should call (877) 552-2692, Monday – Friday, 8 a.m. - 8 p.m. EST.
….Over 600 banks have opted in to direct forgiveness, enabling over 2.17mm borrowers to apply through the portal (This represents 30% of loans $150,000 or less that have not yet submitted for forgiveness)...
See the full Press release
here. 
Below are the current highway closures in Caltrans District 2.