The state and federal government are providing broad assistance to small businesses and employers impacted by COVID-19. This includes:
- Tax relief, including deferrals and credits
- Providing capital to the California Rebuilding Fund to support small business loans
- $50 million in state funding for the Small Business Disaster Relief Loan Guarantee Program and $50 million for the Small Business Loan Guarantee Program via IBank to provide loans to underserved small businesses
- Small Business Debt Relief for existing Small Business Administration (SBA) borrowers
- Federal small business stimulus programs like Paycheck Protection Program and Economic Injury Disaster Loans
- State-supported small business centers that provide direct assistance from a local advisor
- Authorization for local governments to halt evictions for commercial renters