Financial Assistance

If you have had your hours cut, been furloughed, or laid off:

If your employer has reduced your hours or shut down operations due to COVID-19, you can file for unemployment insurance. If you are expecting to return to your job after the dust settles, you do not have to be actively seeking new work during the outbreak. But you must be "able and available to work" to get these benefits, which generally range from $40-$450 per week for up to six months. For more information, visit: https://edd.ca.gov/Unemployment/Filing_a_Claim.htm

If you are currently sick with the coronavirus or have been exposed:

Individuals who are unable to work due to having or being exposed to COVID-19 (certified by a medical professional) can file a Disability Insurance (DI) claim.

Disability Insurance provides short-term benefit payments to eligible workers who have full or partial loss of wages due to a non-work-related illness, injury, or pregnancy. Benefit amounts are approximately 60-70 percent of wages (depending on income) and range from $50 - $1,300 a week. For more information, visit: https://edd.ca.gov/Disability/How_to_File_a_DI_Claim_in_SDI_Online.htm/t_blank?fbclid=IwAR37UBdHJK4O3IRzK9Ff_sY1xdK7LuD1QKeb60xPK_-DC6cvtmF6Ejxbtxw

If you are caring for someone else who is sick:

Californians who are unable to work because they are caring for an ill or quarantined family member with COVID-19 (certified by a medical professional) can file a Paid Family Leave (PFL) claim.

Paid Family Leave provides up to six weeks of benefit payments to eligible workers who have a full or partial loss of wages because they need time off work to care for a seriously ill family member or to bond with a new child. Benefit amounts are approximately 60-70 percent of wages (depending on income) and range from $50-$1,300 a week. For more information, visit: https://edd.ca.gov/Disability/How_to_File_a_PFL_Claim_in_SDI_Online.htm/t_blank?fbclid=IwAR1h6aChB9g-qjbT5S2SGOeOfJQtjbj-BqlJsUEYmloPvtHDWeCVhEIsyN8

Special Enrollment Period for Health Care Coverage due to COVID-19

Have you lost your health insurance due to COVID-19? If you’ve recently lost your coverage or will soon lose it, Covered California has issued a special enrollment period for those impacted by income changes, reduced hours or lay off due to COVID-19.

If the following circumstances apply to you, you may be eligible for health care coverage through Covered CA:

  • You’ve lost Medi-Cal coverage
  • You’ve lost your employer-sponsored coverage
  • Your COBRA coverage is exhausted
  • You are no longer eligible for student health coverage

To learn if you’re eligible, visit apply.coveredca.com To apply, you may apply online or call a Covered CA Certified Insurance Agent or Navigator for free and confidential enrollment help.

Those without access to the Internet can call Covered CA’s Service Center at 1-800-300-1506 for assistance with determining eligibility and/or applying for health care coverage.

Small Businesses

Help for RPV Businesses

On April 7, the Rancho Palos Verdes City Council voted unanimously to create programs to provide financial assistance to small businesses in the City affected by the COVID-19 pandemic.

2020 Business License Tax Refund
The City is offering brick-and-mortar businesses in Rancho Palos Verdes that generated less than $1.5 million in gross receipts in 2019 a one-time refund of their 2020 business license tax. These refunds are expected to total about $65,000 for 189 businesses, with an average refund of $332.

To apply, and for frequently asked questions, visit the Business License Information page.

Additionally, the council authorized using $116,500 in Community Development Block Grant funds to provide loans and grants to low- and moderate-income owners of businesses with five or fewer employees. These funds could be used for short-term working capital for operating expenses to retain jobs and support service delivery.

In coming weeks, City staff will share details of the small business loan program and how to apply.

The council is scheduled to receive an update on the effectiveness of the programs on June 2.

Help Center

L.A. County Business and Worker Disaster Help Center 

The L.A. County Business and Worker Disaster Help Center is a centralized call center and website providing free, one-on-one counseling and support for business owners, workers nonprofits, tenants and landlords who have been adversely affected by the ongoing COVID-19 emergency.

Whether you are a business owner struggling to keep your doors open or a worker who’s uncertain about their next paycheck, L.A. County now has a single location where you can get immediate help, tailored to your situation. You can get assistance from the L.A. County Business and Worker Disaster Help Center in the manner that’s most convenient to you:

The Business and Worker Disaster Help Center, operated jointly by the Departments of Consumer and Business Affairs (DCBA) and Workforce Development, Aging and Community Services, is open to answer calls Monday to Friday from 8:30 a.m. to 5:30 p.m. and Saturday from 10 a.m. to 3 p.m. With the support of our County partners, the Help Center is staffed with dedicated, helpful, and multilingual support.

Los Angeles County Paycheck Protection Program Application Portal

The County of Los Angeles in partnership with Goldman Sachs 10,000 Small Businesses initiative and Community Reinvestment Fund, USA (CRF) has created a new application portal for small businesses and nonprofits seeking to apply for the federal Paycheck Protection Program (PPP), a forgivable loan product created by the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act.

The online portal opened April 15 and can be accessed at https://crfusa.com/ppp/la-ppp-inquiry/.

Business owners and nonprofits who access the application portal will initially submit an inquiry with CRF. Business owners should be prepared to provide information on their business. After successfully submitting an inquiry, loan processers at CRF will follow up directly with business owners to obtain necessary documents and information to process the loan request. All eligible business owners and nonprofits who have been unable to apply for a PPP loan through a bank or other financial institutions are encouraged to submit an inquiry. We urge you to apply at your earliest opportunity. If you have any questions, please contact the Los Angeles County Disaster Help Center at 833-238-4450. 

L.A. County Small Business Recovery Loan Program

In response to small businesses affected by COVID-19, the Los Angeles County Board of Supervisors has created the Small Business Recovery Loan Program, administered by the Los Angeles County Development Authority (LACDA).

The Small Business Recovery Loan Program provides easy to access, timely, and sufficient financial relief to small businesses that are most impacted by an acute downturn in revenue caused by an unforeseen emergency outside their immediate control. This program will ensure businesses can keep their employees and businesses afloat during this time of economic hardship and prevent a chain reaction of reduced spending, inability to pay bills, job losses, or even closure.

The loans will be made available through the County’s existing Economic Development Administration (EDA) Loan fund as the primary source of funding.  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 (CDBG) Program is eligible. 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, and the minimum interest rate is authorized by the EDA (4%) or Wall Street Journal Prime (75%), whichever is lower. Principal and interest will be deferred up to 12 months. Loans may be prepaid, in part or in whole, at any time without penalty. There is no loan origination fee and no collateral is needed to secure the loan.

To obtain an application, visit bizrecoveryloans.lacda.org. Additional resources for small businesses can be found at: https://dcba.lacounty.gov. For more information on the Small Business Recovery Loan Program, please contact Carolina Romo, Supervisor at LACDA, at (626) 296-6298 or by email at BizRecovery@lacda.org.

Please note that this program is separate from the local CDBG-funded small business loan program approved by the Rancho Palos Verdes City Council on April 7. Details of that program are forthcoming.

L.A. County Employer Assistance Grant Fund

The Los Angeles County Department of Workforce Development, Aging and Community Services (WDACS) has launched the LA County Employer Assistance Grant Fund, which will provide a total of $500,000 to local businesses. Individual businesses may be awarded up to $10,000 based on demonstrated need. Approximately 25% of awards will be reserved for social enterprises that demonstrate a need and ability to serve vulnerable populations. Applications will be processed on a first-come-first-served basis, and will close once 150 applications are received.

The application site opened on April 9 at workforce.lacounty.gov

In order to qualify to apply for the Employer Assistance Grant Fund, the business must:

  • Be a for-profit corporation, partnership, or non-profit with a for-profit activity in Los Angeles County. Social enterprises and non-profit (501(c)3) firms qualify.
  • Application review priority will be given to businesses in the unincorporated areas of LA County: http://planning.lacounty.gov/znet
  • Have between 2 and 50 full-time employees. (Note: Applicants that serve high barrier and/or vulnerable populations may exclude transitional employees from this count).
  • Have less than $2,000,000 in gross receipts or annual revenue
  • Demonstrate significant economic hardship as a result of COVID-19. (Businesses that have demonstrated evidence of a loss of revenue of at least 20% will have met the burden of demonstrating significant economic hardship)
  • Have been established at least one quarter prior to March 4, 2020 (on or before December 4, 2019)
  • Be able to produce tax returns

Funding is not guaranteed. Factors that will be considered when determining grant awards will include (1) impact of the COVID-19 crisis; (2) best use/highest impact; (3) years in business operation; (4) number of employees impacted; and (5) ability to leverage alternate funds. Compliance with the grant will be monitored for three years.

Grant funding may be used for the following:

  • Mortgage payments
  • Bridge funding to other lending or financial resources (e.g. SBA Payroll Protection)
  • Working capital costs
  • Inventory
  • Rent
  • Utility expenses
  • Other debt obligations incurred before the covered period

Funds cannot be used to satisfy any outstanding tax liens, legal judgements, any lobbying activities, employee payroll, or fringe benefit expenses.

SBA Disaster Loans

The U.S. Small Business Administration (SBA) is offering low-interest federal disaster loans for working capital to California small businesses suffering substantial economic injury as a result of the novel coronavirus.

Applicants may apply online, receive additional disaster assistance information and download applications at disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339. Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155. The deadline to apply for an Economic Injury Disaster Loan is December 16, 2020.

Paycheck Protection Program

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.

The U.S. Small Business Administration (SBA) will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.

The Paycheck Protection Program will be available through June 30, 2020*.

Key Dates

  • February 15, 2020 - your business, mortgage, rental contract, or business loan must have been in effect prior to this date.
  • April 3, 2020 - the first date in which small business owners and non-profits can apply for this loan
  • April 10, 2020 - the first date in which sole proprietors, independent contractors and self-employed individuals are eligible to apply for this loan
  • June 30, 2020 - the final date to apply for this loan, unless funds are exhausted prior to this date.*

For more information, visit https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp