The Milpitas Chamber of Commerce wishes to see that all businesses make it through these tough times. Information here is to get you quickly to sources of support for many aspects of your business and your employees.
Your survival until the disaster clears up is very important to us. You may need disaster financial support, information from EDD Disaster-Related Services (https://www.edd.ca.gov/about_edd/disaster_related_services.htm) to help your employees. EDD
To help you get started the documents can be easily found at the Small Business Development Centers site Silicon Valley SBDC (https://www.SVSBDC.org/) also at (https://www.californiasbdc.org/covid19) CalSBDC
The status of Milpitas and sources of information for local status is at the website of Milpitas City Economic Development and Trade Department (http://www2.ci.milpitas.ca.gov/economicdev/) MilpitasEDTD
Also the most current City of Milpitas updates for your business at ( www.ci.milpitas.ca.gov/covid-19-availability-city-services/covid-19-business-resources-and-relief-information/ ) UPDATES
There you can find current news, resources for financial support – disaster loans, employment support programs, disease status, and updates.
As a Small Business are you needing financial support right now ? Please visit - Coronavirus (COVID-19): Small Business Guidance & Loan Resources SBA
Please take the initial step of immediately covering yourself financially by filing at the SBA website for a COVID-19 Economic Injury Disaster Loan advance of up to $10,000, the full loan process may take a few weeks and this will help until then.
Need Help ASAP with the SBDC financial support filing ?
Call or Email : Chris Horton, Regional Lending Manager, NorCal SBDC Finance Center & Director, Milpitas Chamber of Commerce
NorCal SBDC Finance Center, 705 Gold Lake Drive, Suite 250, Folsom, CA 95630
Tel : (408) 823-2660 Email : firstname.lastname@example.org
Coronavirus Aid, Relief, and Economic Security (CARES) – Paycheck Protection Program (PPP) are forgivable loans for small businesses to cover payroll costs, mortgage interest, rent and utility costs. PPP will be active Friday April 3rd .
Loans of up to $10M are available for small businesses employing under 500 employees, sole-proprietors, independent contractors, gig economy workers, and self-employed individuals.
California Launches $50M Small Business Microlending Program - Governor Newsom has announced that California is putting $50 million toward micro-loans for businesses that are not eligible for SBA loans for the PPP will be from IBank. Applications can be made starting Friday April 3rd on the State's coronavirus site : https://COVID19.CA.Gov/
COVID California Sales Tax and Fee Relief
California Department of Tax and Fee Administration (CDTFA) has programs that you as a Business can benefit from. Eg You want to spread out your sales tax payments ? Start by going to CDTFA
Public counters are accessible by appointment only because of COVID. For scheduling, questions about filing, extensions, relief, and more call: 1-800-400-7115.
Everything helps !!
PrePlan on your sales tax payments so you can delay your 1Q21 and 2Q21 dues go to CDTFA
Thank you - working together to get through this difficult period
Please Stay Safe
Let the Milpitas Chamber know what else you need to get your business through this disaster
to a future where your business flourishes in the future.