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American Rescue Plan

All funding programs below will be administered by the Small Business Administration (SBA).


  • Paycheck Protection Program (PPP)
    • Status: Open! All lenders are eligible to submit applications for a 1st or 2nd Draw PPP loan.
      Deadline: May 31, 2021 if funding is still available. For more information: Paycheck Protection Program 
    • Small businesses and eligible nonprofits may apply for their first PPP loan or, if they meet the criteria, a second PPP loan, if they have used all the funds from their first PPP loan. This loan is forgivable if borrowers used the funds in the authorized manner and spend at least 60% of the loan proceeds on payroll costs and no more than 40% on authorized non-payroll costs.
    • +$7.25 billion in funding
    • Expansion of eligibility to include 501(c) and larger non profits
      • Fewer than 300 employees
      • Does not receive more than 15% of its receipts from lobbying activities
      • Lobbying activities must not compromise more than 15% total activities
      • Cost of lobbying activities for most recent tax year ending prior to 2/15/20 must not exceed $1 million
    • 501(c)(3) organizations that employ no more than 500 employees per physical location are now eligible for first draw PPP loans
    • Internet-only news or periodical publishers, or organizations that are majority owned or controlled by such:
      • Fewer than 500 employees per physical locations or meet NAICS size standard
      • Certify in good faith that proceeds of the loan will be used to support expenses at the component of the business concern or organization that supports local or regional news
      • For applications received after 3/10/21: Expanded criteria to include payments made for premiums on behalf of individuals who qualify for COBRA health insurance continuation coverage.

  • Economic Injury Disaster Loan Program (EIDL)
    • Status: Open! 
      Deadline: December 31, 2021. For more information: COVID-19 Economic Injury Disaster Loans
    • The EIDL program offers a working capital loan for small businesses and nonprofits adversely affected by COVID-19. Loans direct from SBA's Office of Disaster Assistance are available with a 3.75% interest rate (2.75% for nonprofits) and 30-year term and payments are deferred for 12 months.
    • +$15 billion
    • For businesses who did not receive the full amount or received no loan at all in 2020
    • As of March 11 – SBA announced extended deferment periods for all disaster loans, including Covid-19 EIDL program until 2022
    • The Three Step Process: Disaster Loans (PDF)
    • Economic Injury Disaster Loan Information
  • Shuttered Venue Operators Grant (SVOG)
    • Status: Opening on/around April 8, 2021 
    • +$1.25 billion in funding
    • Tax-free Federal Grant
    • Information webinar on March 30th from 230-4 pm ETRegister Here
      • PREPARE for the Application by:
        • Reviewing the Shuttered Venue Operators Grant Preliminary Application Checklist
        • Preparing 2019 and 2020 financial statements, including month-by-month breakdown of revenues
        • Calculate the average number of employees that business had 3/1/19-2/29/2
    • Eligible Businesses must be defined as:
      • Live venue operator/promoter
      • Theatrical producer
      • Live performing arts organization operator
      • “Relevant” museum operator
      • Motion picture theater operator
      • Talent representative under the Economic Aid Act
    • Business is not a publicly traded company
    • Business must have been fully operational on 2/29/2
    • Experienced reduction in gross earned revenue at least 25% during one quarter in 2020 vs 2019
    • Recipient intends to resume its respective operations
    • Business can apply for both PPP and SVOG grants
    • FAQ
  • Restaurant Revitalization Fund (RRF)
    Status: COMING SOON! 
    • $28.6 billion total available funding
    • Tax-free Federal Grant
      • Eligible expenses include:
        • Payroll
        • Principal or interest on mortgage obligations
        • Rent
        • Utilities
        • Maintenance
        • Supplies
        • Food and beverage inventory
        • Operational expenses
        • Paid sick leave
    • Grants equal the amount of pandemic-related revenue loss for period from 2/15/20-12/31/20 IF
      • Applicant is not a publicly traded company 
      • Has no more than 20 locations as of 3/13/20
      • Good faith certification that the uncertainty of current economic conditions makes it necessary to request the grant to support ongoing operations
      • Applicant has not applied or received a “Shuttered Venue Operators” grant
  • Community Navigator Pilot Program
    • $100 million
    • Eligible organizations include those supporting efforts to improve access to Covid-19 pandemic assistance programs and resources, as well as create a telephone hotline. 
  • Targeted EIDL Advanced Grant
    • Status: Eligible applicants contacted by SBA. For more information: COVID-19 Economic Injury Disaster Loans
    • Newly created as part of the recent legislation, the Economic Aid Act, to provide businesses located in low-income communities with additional funds of up to $10,000 to ensure small business continuity, adaptation, and resiliency.


    IBank-Logo-120x120California Small Business Disaster Relief Loan Guarantee Program (via IBank). $50 million in state funding, providing potential capital for individuals who may not qualify for federal funds.

    CalCAP-Logo-120x120The California Capital Access Program (CalCAP) for Small Business encourages banks and other financial institutions to make loans to small businesses that have difficulty obtaining financing. If you own a small business and need a loan for start-up, expansion or working capital, you may eligible for this program. CalCAP is a loan loss reserve program which may provide up to 100% coverage on losses as a result of certain loan defaults. Loans are available up to $5 million.

    US-Treasury-Logo-120x120The U.S. Department of the Treasury and Federal Reserve Board Announce New and Expanded Lending Programs to Provide Up To $2.3 Trillion in Financing: On Thursday, April 9, Treasury launched a Main Street Business Lending program and a Municipal Liquidity Facility to support the flow of credit to American workers, businesses, states, counties, and cities impacted by the coronavirus pandemic. The Municipal Liquidity Facility (MLF) will provide up to $500 billion in direct financing to states, counties, and cities to help ensure they have the funds necessary to provide essential services to citizens and respond to the coronavirus pandemic. More here. MLF term sheet and guidance can be found here.

    California-rebuilding-fund-Logo-200The California Rebuilding Fund is a loan program to support California’s small businesses—especially those located in economically disadvantaged and historically under-banked areas of the state. Businesses who employed 50 or less full-time equivalent employees (FTEs) and had gross revenues of less than $2.5 million or below in 2019 are eligible to apply. The loans are flexible, transparent and are designed to help businesses access the capital and advisory services they need to get through these challenging economic times.

    Tax Relief

    • Main Street Small Business Tax Credit – Allows a small business hiring credit against California state income taxes or sales and use taxes.
      • Eligible businesses must have 100 or fewer employees as of Dec. 31, 2019, and
      • Suffered a 50% decrease or more in income tax gross receipts, when comparing Q2 2020 to Q2 2019
    • Tax Relief & Extensions
      • Taxpayers returns due between Dec. 1, 2020 and April 30, 2021 (for all but the largest taxpayers) will be extended.


    • California Small Business Relief Grant
      • Status Round 6: April 28-May 4
      • Grants of up to $25,000 will be distributed to underserved micro and small businesses throughout the State of California. Please note, this is NOT a first come first serve grant. Applicants who submitted their application and submitted all documentation in the round 1, 2, 3, 4, or 5 do not need to reapply; qualified applications will be automatically rolled over into the next funding round for consideration.
        For more information: California Small Business COVID-19 Relief Grant Program

    Disaster Funding

    • Fema-Logo-120x120Businesses can begin applying for FEMA Disaster Assistance while we await a disaster declaration to release these funds.

    Business Expenses

    • When events cause people and businesses to suffer serious and costly losses and insurance benefits become critically important to recovery, United Policyholders provides guidance, advocacy support and information to facilitate fair claim payouts.

    Contact Information

    Lauren Cartwright

    Business Retention and Expansion Program Manager

    Economic Development Board

    Contact me by Phone

    Contact Information

    Marcos J. Suarez

    Asistencia a Negocios en Español

    Economic Development Board
    Contact us by Phone

    Contact Information

    Christine Palmer

    Business Development Program Manager

    Economic Development Board

    Contact me by Phone

    141 Stony Circle, Suite 130
    Santa Rosa, CA 95401