North Coast Small Business Pandemic Update
How can North Coast SBDC help you in 2021?
California Relief Grant Program
Apply by 11:59 pm Friday, Jan. 8
$5,000 | $15,000 | $25,000 grants for businesses, nonprofits, and Tribes impacted by the pandemic. You might qualify if you were in operation by June 1, 2019 and reported between $1,000 and $2.5 million in gross revenue on your last tax filing (2019 or 2018). Learn more at careliefgrant.com
$ 5,000 | $ 15,000 | $ 25.000 subvenciones para las empresas, ONGs, e Tribus afectadas por la pandemia. Es posible que califique si estaba en funcionamiento el 1 de junio 2019 y reportó entre $ 1.000 y $ 2.5 millones en ingresos brutos en su última declaración de impuestos (2019 o 2018). Aprenden mas en careliefgrant.com
SBA Economic Injury Loan program
deadline extended to 12/31/2021!
You now have one more year to apply for a Small Business Administration Economic Injury Disaster Loan (SBA EIDL) for pandemic-impacted businesses and self-employed folks!

These loans are offered at a 3.75% interest rate with 30-year maturity and an automatic deferment of one year before monthly payments begin.

Let us help you figure out if this is right for you. Contact your business advisor directly, email admin@northcoastsbdc.org to get a reminder if you don't have their contact info, and sign up at northcoastsbdc.org/apply if you're new to SBDC business advising.

What's up with the federal stimulus bill?
The “Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act" is still pending. As soon as we have definite, trusted information we will pass it on to you!

Meanwhile, for some outlines of what's going on and what might happen with the Paycheck Protection Program, tax relief, and more read here and here.
North Coast Small Business Development Center
Humboldt: (707) 445-9720 | Del Norte: (707) 464-2168
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