Beverly Hills Chamber

of Commerce

Business Resources In Response to COVID-19 LOCAL TAKEOUT, DELIVERY AND BUSINESS OFFERINGS BEVERLY HILLS BACK TO BUSINESS
Business Resources In Response to COVID-19 LOCAL TAKEOUT, DELIVERY AND BUSINESS OFFERINGS BEVERLY HILLS BACK TO BUSINESS

The Novel Coronavirus is an important topic in our community and around the world. The Beverly Hills Chamber of Commerce will continue to serve as a resource for our business community during this difficult time. Please find a few business and community resources below.


For Employers:

Guidance for Re-Opening Your Business:

***Please note that these resources are guidance and are not legal requirements.  Please make sure to follow your applicable city, county and state laws with regard to COVID-19 requirements.

Protocols for Retail Establishments Opening for Curbside Pickup on Friday, May 8, 2020 – find them here

LA County Launches small Business Recovery Loan Program: Find the application here | Find the 4.13.20 press release here

Small Business Administration Approved Lenders for Paycheck Protection Program Loans and Economic Injury Disaster Loans. – Funding for the PPP and EIDL loans has reached capacity at this time (4.16.20). New applications are not currently being accepted. We expect further updates about the program shortly. In the meantime, we encourage you to explore other opportunities at the local, county and state level. Click here for a PPP loan forgiveness calculator.

US Chamber of Commerce resources: Coronavirus Small Business Guide and Checklist | Workplace tips

The U.S. Senate Committee on Small Business & Entrepreneurship Small Business Owners Guide to the CARES Act 

(Photo taken from City of Beverly Hills website)

State of California Governor’s Office of Business & Economic Development updates & resources

California Labor & Workforce Development Agency – updates & resources for employers & workers

Los Angeles County Economic Development Corporation – Layoff Alternative Program information

Small Business Resources from Google including: communicating with your customers, employees, pivoting your advertising strategy and more

State ABC Office Relaxes Limitations on Restaurants and Allows Off-Site Alcohol Sales


For Employees:

California Employment Development Department updates & resources for employees

City of Los Angeles Economic & Workforce Development Department – Business Transition Services


Complimentary Consultations & Educational Seminars for Small Businesses

In partnership with the Chamber, the Small Business Development Center (SBDC) offers complimentary one-on-one consultations for small businesses in Beverly Hills, in addition to complimentary educational seminars.

  1. View the March 25 presentation by the SBDC on disaster resources for business impacted by COVID-19 here.
  2. Beverly Hills businesses are eligible for complimentary one-on-one consultations with a business advisor through the SBDC. These sessions can either be done virtually or in person at the Chamber offices or your place of work when available. To sign-up please register at www.southbaysbdc.org/newclient, if you have any questions email eccsbdc@elcamino.edu.

Past Webinars

4.23.20 Small Business Development Center Webinar: EIDL & PPP Loan Updates & Other Relief Programs – view the presentation here. Watch for an update by Larry Johnson, Director at the Small Business Development Center (SBDC) at El Camino College. Mr Johnson reviews the status of the existing Federal Government support programs, EIDL & PPP, as well as identifying other viable relief programs offered by State and Local Government as well as private industry. View the slideshow here.

4.15.20 Podcasting Your Healthcare Practice and Building Your Audience Webinar by BHCC Health & Wellness Committee – view the presentation here. Chris Machetto, CEO, Frenchy Digital discusses how to effectively create a podcast for your healthcare practice. With many practices closed due to COVID-19 now is an ideal time to reach your patients, and future patients, through an engaging podcast.

4.14.20 Restaurant Industry Options in the midst of COVID-19 by the SBDC – view the presentation here. This webinar features key industry leaders from major national restaurant and foodservice delivery businesses, including US Foods, Kraft Foods, Taco Bell, and KFC, as well as several successful local restauranteurs.

4.1.20 Effectively Market & Communicate Online During COVID-19 featuring SBDC expert Deborah Deras – view the video presentation here. In today’s new world dealing with COVID-19, and staying at home, businesses have a captive audience who is online virtually all of their waking hours.

3.25.20 SBDC Economic Injury Disaster Loan Overview – view the presentation here. Features Larry Johnson, Director, SBDC at El Camino College, with critical information about resources and assistance available to businesses affected by COVID-19. Amongst other resources, your business may be eligible for an Economic Injury Disaster Loan (EIDL), other resources available through the Small Business Administration (SBA) as well as other federal, state and local resources.


SPECIAL BUSINESS OFFERINGS

Click here for a list restaurants, markets and pharmacies serving our community with takeout & delivery options.

Click here for additional member offers.


City of Beverly Hills COVID-19 updates & resources

  1. City of Beverly Hills press release – 4.9.20 Beverly Hills Orders Face Coverings in Public
    1. Chamber member Clement Shield Security has imported a shipment of N95, KN95, and medical surgical masks, gloves, face shield, and protective gowns, directly from an FDA approved factory. To learn more, contact Clement Shield Security President, Delphine Tso here.
    2. Chamber member Pioneer Hardware has a supply of masks available. Pioneer Hardware is open for in-store shopping and curbside pickup. To learn more, visit their website here.
  2. City of Beverly Hills press release – 3.16.20 City of Beverly Hills Orders Non-Essential Retail Stores Closed to the Public
  3. Letter from Beverly Hills Police Department Chief Spagnoli

Los Angeles County updates & resources

  1. LA County Launches small Business Recovery Loan Program – 4.13.20 Find the application here | Find the 4.13.20 press release here
  2. LA County Health Department – 3.21.20 Safer at Home Order for Control of COVID-1
  3. LA County press release – 3.16.20 LA County Public Health Issues Order to Prohibit Group Events and Gatherings, Require Social Distancing Measures and the Closure of Certain Businesses
  4. LA County Business & Worker Disaster Help Center

California Department of Public Health updates & resources

Centers for Disease Control & Prevention updates & resources


Funding

What Financial Relief Programs are Available for Beverly Hills Businesses Impacted by COVID-19?
Program Name Type Why What Benefits More Info How to File
SBA Disaster Assistance – Economic Injury Disaster Loan (EIDL) Loan If you are in need of economic support to help overcome the temporary loss of revenue. Low interest disaster loans to help business recover from declared disasters. SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance. The interest rate is 3.75% for small businesses. Learn more about your eligibility for SBA Disaster Assistance
SBA – Economic Injury Disaster Loan (EIDL) Advance Loan/Grant Small business owners currently experiencing a loss of revenue. Loan advance. First apply for Economic Injury Disaster Loan and then request advance. Advance does not need to be repaid under any circumstance even if you are not approved for the loan. Loan advance of up to $10,000. Funds will be made available within 3 business days of a successful application. Can be used on payroll, debts, rent, and mortgage payments. Learn more about your eligibility for SBA Disaster Assistance
SBA – Express Bridge Loan Program Loan If you are in need of immediate economic assistance while waiting on long-term financing. Provides express financing to help small businesses recover from COVID-19. The maximum gross loan amount is $25,000. Please visit: www.SBA.gov
SBA – Debt Relief Program Grant Current businesses with SBA loans that are impacted by COVID-19. Businesses with current SBA Loans including current 7(a), 504, and microloans can get debt relief. SBA will automatically pay the principal, interest and fees for a period of 6 months. Please visit: www.SBA.gov
Paycheck Protection Program (PPP) Loan/Grant If your business is impacted by COVID-19 and wants capital to cover the costs to maintain payroll or receive assistance in paying rent, utilities, or interest payments on a mortgage. Cash-flow assistance through 100% federally guaranteed loans to employers who maintain their payroll during this emergency. Forgivable loans up to $10 million to cover up to 8 weeks of payroll, no SBA fees, and at least 6 months of deferral with a max deferral of 1 year. For any amounts not forgiven, max term is 10 years, interest rate of 4%. No loan fees and no prepayment fee. Please visit this site
CA iBank Disaster Relief Loan Guarantee Program Loan If your business is experiencing capital access barriers in light of a declared disaster. Provides loan guarantees and direct loans for small businesses. Loans up to $20 million; max guarantee $1 million, guaranteed up to 7 years (term can be longer); and guarantees up to 80% – 95% of loan. Please visit www.ibank.ca.gov for additional information
EDD Work Sharing Program Layoff Aversion If business interruption or slowdowns are causing layoff considerations. Business assistance to employees and employers. Full-time employees receive Unemployment Insurance benefits, keep current job, and avoid financial hardships. Please visit: www.EDD.ca.gov
EDD Tax Assistance Deferrment Employers experiencing hardship as a result of COVID-19 may request extension for filing payroll taxes. Extension of up to 60 days without penalty or interest on payroll reports and payroll taxes. Extension without penalty to retain needed capital during COVID-19. Please visit this site
Call the EDD Taxpayer Assistance Center: 888-745-3886.
LA County Employer Assistance Grant Fund Grant Business impacted by COVID-19 in Los Angeles County that demonstrate significant economic hardship as a result of COVID-19. LA County to provide grants of up to $10,000. Applications will close after 150 applications have been received. Total of $500,000 to award. Between 2-50 full-time employees and under $2 million in annual revenue. Funds may be used for utilities, rent, inventory, mortgage payments, operational costs. Priority given to businesses in unincorporated areas of LA County. FAQ can be found here.
LA County Community Development Authority – Small Business Recovery Loan Program Loan Any for-profit business with 25 or fewer employees located within the unincorporated Los Angeles County or city participating in the County’s Community Development Block Grant Program is eligible. (Beverly Hills is within the program area) Loan proceeds may be used for working capital, including payroll or rent. The maximum loan amount is $20,000 with a term of five (5) years. Principal and interest payments deferred for the first 12 months. No collateral needed. Please visit: www.lacda.org
LA County Property Tax Relief Deferment Business property taxes are due on April 10. While the County is not able to extend the deadline, businesses can submit a request for a penalty cancellation online. Businesses that can demonstrate a need to pay property tax late due to COVID-19 may submit a penalty cancellation request online. Can pay partial payment or no payment with no penalty charge assessed. Please visit this site
Jewish Free Loan Program Loan If you are a business or individual with urgent financial needs. Jewish Free Loan offers interest-free loans on a non-sectarian basis to those affected by COVID-19. Loans up to $10,000 can be turned around in a matter of days. No fees. No interest. Please visit www.jfla.org for additional information
Updated 4.13.20
Download a printable version of this here.

Should you have feedback for our team on issues you are experiencing or a request for a specific resource, please do not hesitate to contact a member of our staff. Find staff contact information here.
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