Businesses that have been mandated to close or change business model:
All businesses that sell alcohol and do not serve food shall close (not grocery/market).
All businesses that serve food shall close on-site dining. Food shall be served by pick-up (social distancing required), delivery, or drive-thru.
All gyms and fitness centers shall close
All other businesses shall maintain social distancing (less than 10 people or 6ft per person whichever is less), increase sanitation standards, and suspend any policy requiring doctor verification for sick leave.
CARES Act Paycheck Protection Program
Applications open Friday, April 3rd! Applications are available through the SBA or your own bank. If you have not already done so please contact your lender today for more information and prepare your application or visit the SBA website The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. All businesses, including non-profits, Veterans organizations, Tribal concerns, sole proprietorship, self-employed individuals, and independent contractors, with 500 or fewer employees are eligible. This is a 100% guaranteed loan up to $10million for employers who maintain payroll. You can hire back employees that have already been laid off.
Get Ready Before You Apply: Here is a basic list of what you will need for any loan application, gather this stuff NOW before you start your application. Once you have this information ready, you can easily apply for many recovery relief programs!
-Last Years’ Business’s Tax Returns (Have 3 Years Handy).
-Last Years’ Business Monthly Sales Data.
-List of Businesses Monthly Expenses
-Last Years’ Monthly or Quarterly Payroll Details (+Payroll Taxes)
-List of Your Business Creditors and How Much You Owe
-List of Your Businesses Monthly Expenses
-Personal Financial Statement (Personal Assets & Liabilities)
U.S. Small Business Administration:
Disaster Loan Program: low-interest disaster loans to help businesses and homeowners recover from declared disasters. Contact: firstname.lastname@example.org, (800) 659-2955
Economic Injury Disaster Loans: The United States Small Business Administration (SBA) offers low-interest loans up to $2 million for small businesses, nonprofits of any size, small agricultural cooperatives, and small aquaculture enterprises. The interest rate is 3.75% for small businesses. The interest rate for private non-profit organizations is 2.75%. Loan repayment terms can last as long as 30 years. The deadline to apply for an Economic Injury Disaster Loan is Dec. 16, 2020. The loan does not replace lost revenue, profits or fund expansions.
Contact: email@example.com, (800) 659-2955
FEMA: Businesses can begin applying for FEMA Disaster Assistance while awaiting a disaster declaration to release the funds.
California Department of Tax and Fee Administration (CDTFA) will allow small business taxpayers to enter into 12-month interest-free payment plans for up to $50,000 of sales and use tax liability. This offers what is effectively an immediate interest-free loan to small businesses, providing a bridge until they can get relief from the SBA or their businesses can get back on their feet. This extends beyond the previous executive order that all small businesses will have an additional three months to file returns and pay taxes administered by the department. Additionally, all businesses will have an extra 60 days to file claims for a refund from CDTFA or to appeal a CDTFA decision to the Office of Tax Appeals.
The governor is allocating $50 million for micro-lending to the Small Business Finance Center at California’s IBank to mitigate barriers to capital for those small businesses that may not qualify for federal funds.
State Treasurer’s Office: California Capital Access Program (CalCAP): The California Capital Access Program 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 receive more favorable loan terms from a lender if your loan is enrolled in the CalCAP Loan Loss Reserve Program. This program helps communities by providing financing to businesses that create jobs and improve the economy. CalCAP is a loan loss reserve program which may provide up to 100% coverage on losses as a result of certain loan defaults. With CalCAP portfolio support, a lender may be more comfortable underwriting small business loans. Contact: firstname.lastname@example.org,
IBank: Small Business Finance Center: The Small Business Finance Center (SBFC) partners with Financial Development Corporations to provide loan guarantees and direct loans for small businesses that experience capital access barriers. Contact: SBFC@ibank.ca.gov
The Franchise Tax Board has extended the state tax deadline. This relief includes moving the various tax filing and payment deadlines that occur on March 15, 2020, through June 15, 2020, to June 15, 2020. Partnerships and LLCs who are taxed as partnerships whose tax returns are due on March 15 now have a 90-day extension to file and pay by June 15. Individual filers whose tax returns are due on April 15 now have a 60-day extension to file and pay by June 15. Quarterly estimated tax payments due on April 15 now have a 60-day extension to pay by June 15.
Employment Development Department: providing rapid response services for businesses, offering help to avert potential layoffs and provide immediate on-site services to assist workers facing job losses.
American Institute of Certified Public Accountants: the AICPA has a document that summarizes the latest developments on state tax filings related to the coronavirus.
For more information on State efforts, click here: business.ca.gov/coronavirus-2019
City of San Diego Public Utilities – The City has suspended all water shutoffs as a result of nonpayment and utility bills will not be charged interest fees for late or nonpayment. Customers are encouraged to pay utility bills to the extent possible based on individual circumstances.
City of San Diego Parking – The City of San Diego will limit parking enforcement and issuance of citations to holiday or Sunday enforcement regulations, including no longer enforcing parking meters, yellow
commercial zones, short-term green zones and 1- to 2-hour time parking zones. Red, white, blue,
and other all-time enforcement areas will continue to be enforced to maintain public safety
San Diego Gas & Electric – With the coronavirus pandemic causing significant impact on the economy and people’s livelihoods, San Diego Gas & Electric (SDG&E) announced today that it will temporarily suspend service disconnections. The disconnection moratorium will remain in place until further notice. The company is urging customers who are struggling to pay their utility bill due to financial hardships stemming from the coronavirus to call its Customer Contact Center at 1-800-411-7343to make payment arrangements. SDG&E will also waive late payment fees for business customers whose finances have been hit hard by the coronavirus. The company does not charge residential customers a late payment fee.
Facebook – Small Business Grants Program: Facebook is offering $100M in cash grants and ad credits to help during this challenging time. Applications will be accepted in the coming weeks. In the meantime, you can sign up to receive more information when it becomes available.
Citi Bank: Citi Bank is providing assistance for Retail Bank Customers, waiving monthly service fees and penalties for early CD withdrawal. For Retail Bank Small Business Customers, fee waivers are being provided for monthly service fees and remote deposit capture; waived penalties for early CD withdrawal; Bankers available after hours and on weekends for support.
Forbes: has produced a list of banks offering relief to customers affected by COVID-19.
Public Health and Other
Centers for Disease Control and Prevention| COVID-19
California Department of Public Health | COVID-19
San Diego County | COVID-19
2-1-1 | COVID-19 Resources
Map of Hand-Washing Stations
San Diego County Office of Education – Student Food Service
KPBS At-Home Learning Resources
Resources for Restaurants and Workers from RWCF
To Our Pacific Beach Community:
We realize recent changes in the COVID-19 updates will significantly impact our business community which doesn’t just impact our business owners but their employees, their families, and their employees’ families. We are committed to being here for the entire community of Pacific Beach. Our prayers and well wishes go out to everyone as we all navigate these uncharted waters together. Please continue to follow our social media updates at both @discoverpb and @pacificbeachmarket.
Stay healthy, wash your hands, and #FlattentheCurve.
Sara Berns, Executive Director