Small Business Quick Resources
Paycheck Protection Program (PPP) Lending Operations Update – Wednesday, April 29, 2020
SBA and Treasury value all lenders and their small business customers.
To ensure access to the PPP loan program for the smallest lenders and their small business customers, starting at 4 p.m. today EDT through 11:59 p.m. EDT, SBA systems will only accept loans from lending institutions with asset sizes less than $1 billion dollars.Please note, lending institutions with asset sizes less than $1 billion will still be able to submit PPP loans outside of this time frame. Please also note that lenders with asset sizes greater than $1 billion will be able to submit loans outside of today’s 4pm -11:59pm EDT reserved processing time. This reserved processing time applies today April 29, 2020. SBA and Treasury will evaluate whether to create a similar reserved time again in the future. SBA and Treasury continue to monitor loan system performance and will continue to provide frequent updates to the lending community.
Businesses can go to a participating SBA 7(a) lender, bank, or credit union, to apply for a loan; expedited approval for these loans will also take place. A sample application is available below so you can prepare before contacting a lender. Learn more on this and other funding resources for employers.
Coronavirus Recovery Information in Other Languages
SBA is providing materials in languages other than English to help business owners recover.
- Sample PPP application from the SBA
- US Treasury Overview 1-sheet on PPP
- US Chamber of Commerce PPP Guide & Checklist for Small Businesses
- PPP Loan Forgiveness Application
Small Business Disaster Relief Loans are available through California Infrastructure and Economic Development Bank or IBank. These loans are only available to those that did not receive a PPP or EIDL loan from the SBA. This disaster program provides guarantees for loans of up to $50,000 for small business borrowers and nonprofits, with low interest rates and 7-year terms. Apply directly with local lenders including California Capital Financial Development Corporation
SBA Emergency Loans
Economic Injury Disaster Loan Program, guidance for businesses and employers, government contracting, and local assistance information is available from the US Small Business Administration.
(Live agent to guide you through the process 1-800-659-2955)
A guide to the legislation’s provisions impacting small businesses.
California Governor Newsom Mandates Public Mask Policy | June 18,2020
Cloth face coverings for public when outside the home or in any indoor public space including public transportation, work environments, etc. Some exceptions are permitted. Social distancing and hand washing still in place as well.
Sacramento Bee Facebook Live on Mental Health | May 5, 2020
Amanda Blackwood was joined by Dr. Jonathan Porteus of Wellspace Health on the importance of being self-aware to your own mental health, the mental health of your employees and the tools and resources available for support.
Sacramento County Health Officer Extends COVID-19 Order
The Sacramento County Public Health Officer has issued a new Public Health Order effective at 11:59 p.m., May 1, and will be in effect until 11:59 p.m., May 22, 2020, or until it is extended, rescinded, superseded or amended in writing by the Health Officer.
Sacramento Bee Facebook Live on Financial Decisions for Business | April 14, 2020
Amanda Blackwood was joined by Creative Answers to walk business owners through questions that will help with financial decisions will impact them 2 years from now and even 5 years from now. The exercise helped businesses understand the impacts of the various funding options available, how to find a bank, how to conserve cash flow and what decisions will impact employees.
Many Small Businesses Cry for Help via Stateline | April 9, 2020
Stateline via Pew Trusts shared the stories of what cities like Sacramento are doing to support their small businesses
Impacts of COVID-19 on Transit Operations and Funding Webinar | April 9, 2020
Metro Chamber CEO Amanda Blackwood was a guest speaker with local public transit experts to discuss how COVID-19 has impacted public transit ridership, operations and funding during the pandemic.
Local Chambers Launch Business Triage Hotline via Sacramento Business Journal | April 8, 2020
The Sacramento Metro Chamber and Sacramento Asian Pacific Chamber have set up a free hotline to navigate businesses through access to capital, human resources and legal advice during the coronavirus crisis. Read more >>
Twenty-six Sacramento Bars and Restaurants Receive Micro-Grants | April 8, 2020
A coalition of organizations within the city of Sacramento, including the Metro Chamber, announced 26 recipients that will receive micro-grants from the Emergency Response Micro-Grant Program for Sacramento Restaurants & Bars. The recipients represent a diverse array of independent food and beverage establishments across seven of the eight Council districts in the city of Sacramento.
Read more via Sacramento Bee
Read more via Sacramento Business Journal
Watch Full Press Conference with Mayor Steinberg
Sacramento Bee Facebook Live on Employee Issues & Decisions | April 7, 2020
Metro Chamber CEO Amanda Blackwood and Jennifer Madden of Delfino Madden hosted a Facebook Live event with the Sacramento Bee to answer questions about the impact of COVID-19 on employees. Items addressed included updates to family and sick leave, unemployment benefits and payroll and payroll tax relief resources for employers.
Local Businesses Grab Temporary Lifelines | April 3, 2020
SN&R examines with local chamber leaders what temporary lifelines local business is grabbing, knowing many businesses may not survive.
CARES Act Impact on Business via Fox40 | March 31, 2020
Metro Chamber CEO Amanda Blackwood joins Nikki Laurenzo to talk about the CARES Act and its benefit to business.
Virtual Townhall with Mayor Steinberg | March 18, 2020
On Wednesday, March 18, 2020, Mayor Darrell Steinberg and Sacramento Metro Chamber President and CEO Amanda Blackwood led a virtual townhall meeting addressing the needs and concerns of the regional community regarding disruption caused by the COVID-19/coronavirus outbreak.
We will rise stronger than ever.
We are in daily talks with our local, county, state, and federal partners advocating for the resources you need to support your employees, your businesses, and your families through these dynamically changing times.
On this site, you will find a resource hub with critical information to provide answers to your questions. We will continue to update this information on an on-going basis as new information and resources become available. If your question can not be answered via this resource hub, please click on the button below to connect directly to the team who will get back to you as soon as possible.
The Metro Chamber has been the leader in advancing economic progress for 125 years and this year will be no different. We are the indomitable region and together we will rise stronger than ever.
President & CEO
Sacramento Metro Chamber of Commerce