Business Insights

We recognize there is a lot of information available to process. This business news section and its resources will help SMBs manage ongoing business challenges in a dynamic environment.

Leadership lesson of the week: “If we see something, we speak to it, and we offer an opinion on it. We try to be direct and clear — and not sugarcoat it.” Ryan Gellert, CEO of Patagonia, as quoted by Inc.

COVID-19 resources (archived content)

BUSINESS INFO

  • Round two of the PPP program will become available on Jan 11. Restrictions apply, learn more
  • Why are borrowers not seeking PPP forgiveness? Only 56,000 have applied
  • Nearly one-third of small businesses surveyed survived thanks to PPP
  • Efforts around the PPP loan forgiveness plans emerge

California Specifics

  • Only a few days remain to apply for the California Relief Grant. $500M with applications due by January 13, 2021
  • How long unemployment will last is a burning question. Check your state portal for more info. California, info here
  • California’s unemployed should still go online for claims. Be sure to update your certifications so your benefits also stay current.
  • California has launched a microlending program to help small businesses; check out the coronavirus portal
  • Check in with your local Chamber of Commerce. Many communities are banding together to keep businesses intact.
  • Department of Labor info regarding Family First Coronavirus Response Act here
  • California specific response information is best obtained from the California Department of Public Health (CDPH) website
  • California specific response to the undocumented is available here