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The City of Goleta is sharing this information from the Workforce Development Board of Santa Barbara County.
Attention Businesses: COVID-19 Grant Opportunities
Restaurant Revitalization Fund
Here's what we know so far: The restaurant industry, more than any other industry in the nation, has suffered the most significant sales and job losses since the COVID-19 outbreak began. The new American Rescue Plan Act established a $28.6 billion “Restaurant Revitalization Fund” (RRF) within the U.S. Small Business Administration (SBA).
How to Prepare for the Restaurant Revitalization Fund
The Restaurant Revitalization Fund is NOT yet accepting applications. Sign up to receive more info when released: https://restaurantsact.com/rrf/. Please use the following steps to help you prepare for the application:
- To receive a RRF grant or access any federal government grants, your business will need to register for a free System for Award Management (SAM) number. Use the following steps to get started:
- Create a Login.gov account at https://login.gov/.
- Sign up for a Dun & Bradstreet D-U-N-S® Number if you do not already have one at https://fedgov.dnb.com/webform/index.jsp. This typically takes 1-2 days to process.
- Register with SAM at https://sam.gov/SAM/ using your Login.gov information, DUNS number and standard business information (such as your Tax ID Number). It can take up to 2 weeks to receive your SAM number.
- Do not register for a SAM number on any other website or pay for a SAM number.
- Work with an accountant to prepare relevant paperwork that clearly shows your gross revenue loss in 2020 as compared to 2019.
For more information on the Restaurant Revitalization Fund visit RestaurantsAct.com.
Santa Barbara Foundation
Small Capacity Building Program grants (formerly Express Grants) are awards of up to $5,000 aimed at strengthening the organizational capacity and programmatic effectiveness of nonprofit organizations serving Santa Barbara County.
Application Deadlines: May 3 | June 7 | July 6 | August 2 | September 7 | October 4 | November 1
Grant Guidelines: https://www.sbfoundation.org/nonprofits/grant-opportunities/scb-grant-guidelines/
Contact: GClark@SBFoundation.org
United Way of Santa Barbara County & Partners
COVID-19 Joint Response Grants
United Way of Santa Barbara County, Santa Barbara Foundation, and Hutton Parker Foundation are leading a countywide collaborative with members of the Foundation Roundtable to provide assistance to individuals and families as well as organizations actively engaged in assistance efforts for members of the community affected by the COVID-19 pandemic.
Individuals
United Way of Santa Barbara County will be providing grants to individuals for those disproportionately impacted by coronavirus and the economic consequences of the pandemic.
Organizations
Santa Barbara Foundation and Hutton Parker Foundation will provide grants up to $25,000 to nonprofit organizations serving all regions of Santa Barbara County: https://www.unitedwaysb.org/covid-19-joint-response-grants
Small Business Relief Fund
Round 6: April 28 - May 4, 2021
- Eligible applicants: current waitlisted small businesses and/or non-profits not selected in Rounds 1, 2, 3, 4 or 5 and new applicants that meet eligibility criteria found at CAReliefGrant.com
- Eligible grant award: $5,000 – $25,000
- Details: Applicants not selected to receive a grant in Rounds 1, 2, 3 & 5 do not need to re-apply and will be automatically moved into Round 6. New applicants will need to apply at CAReliefGrant.com
Paycheck Protection Program (PPP) Extension
Apply until May 31st
The Paycheck Protection Program (PPP) re-opened the week of January 11, 2021 and loans will be available through May 31, 2021 or until all allocated funds are exhausted. New regulations have created retroactive changes to PPP loans borrowed in 2020 and outlined guidelines for first and second draw loans in 2021. For more information about the updated tax information, expanded expense eligibility and simplified forgiveness application for existing PPP loans, guidelines for new borrowers and borrowers interested in applying for a second draw loan or an increase to their first PPP loan please review the Economic Development Collaborative (EDC’s) detailed guide PPP.
Updates 1-14-2021: https://edcollaborative.com/wp-content/uploads/2021/01/PPP-Updates-1-14-2021.pdf
If you have received a PPP loan, please work with your lender to process your Paycheck Protection Loan Forgiveness Application. https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program/ppp-loan-forgiveness
Self-employed, business owners with no employees, contractors, free lancers, gig economy workers and sole proprietors- Did you know you are eligible for PPP? Review the EDC Guide to PPP for Sole Proprietors: https://edcollaborative.com/wp-content/uploads/2020/09/EDC-Guide-to-PPP-For-Sole-Proprietors-1-29-2021.pdf for more information.
Have questions about PPP? Call (805) 384-1800
Some business may find additional funding resources that fit their business type here: https://www.sba.gov/covid-19-funding-sources/index.html
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