Business Resources & Services
(Page updated: December 29th, 2020 at 2:11 PM)
MARIPOSA COUNTY BUSINESS HOTLINE - (209)742-1345
COVID Relief Grant
Governor Newsom announced a new relief grant for small businesses and non-profits that will be administered by the California Office of the Small Business Advocate (CalOSBA). This grant will award up to $25,000 to underserved micro and small businesses throughout the State of California by early 2021. This fund has made 500 Million dollars available to our state's small businesses. To remain up to date on when this grant will be available, please click here.
The SECOND ROUND application portal will open February 2nd, 2021 at 8:00am and close February 8th, 2021 at 6:00 pm - Click here to be directed to the application portal.
To work with a partner, Mariposa County businesses can go to:
UC Merced SBDC - (209) 228-3506
Rick Leibowitz - firstname.lastname@example.org
Access Capital – (559) 263-1351
Tate Hill - Tate.Hill@accesspluscapital.com
California Association of Nonprofits (CalNonprofits) -
(800) 776-4226 https://calnonprofits.org/
Paycheck Protection Program (PPP)
The portal to apply for the Paycheck Protection Program (PPP) will open on January 11th, 2021 at 9:00 AM. They will initially begin to accept First Draw PPP loan applications from participating CFIs, which include Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified Development Companies (CDCs), and Microloan Intermediaries.
First Draw Application can be accessed by CLICKING HERE
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.
SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.
- PPP loans have an interest rate of 1%.
- Loans issued before June 5 have a maturity of 2 years. Loans issued after June 5 have a maturity of 5 years.
- Loan payments will be deferred for borrowers who apply for loan forgiveness until SBA remits the borrower's loan forgiveness amount to the lender. If a borrower does not apply for loan forgiveness, payments are deferred 10 months after the end of the covered period for the borrower’s loan forgiveness (either 8 weeks or 24 weeks).
- No collateral or personal guarantees are required.
- Neither the government nor lenders will charge small businesses any fees.
How To Apply
You can apply through any existing SBA 7(a) lender or any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.
If you wish to begin preparing your application, you can download the following PPP borrower application forms to see the information that will be requested from you when you apply with a lender:
- Paycheck Protection Program First Draw Borrower Application Form (revised 01-08-21)
- Paycheck Protection Program Second Draw Borrower Application Form (01-08-21)
- Top-line Overview of PPP First Draw Loans
- Top-line Overview of PPP Second Draw Loans
- Frequently Asked Questions for Lenders and Borrowers (12-09-20)
- How to Calculate Loan Amounts (06-26-20)
- Frequently Asked Questions for Faith-Based Organizations Participating in the Paycheck Protection Program and Economic Injury Disaster Loan Program
- PPP Myth vs. Fact
California Rebuilding Fund - $12.5 Million added
Governor Newsom announced 12.5 Million dollars had been added making $25 Million available to help those small businesses impacted. For more information on these funding opportunities, visit:
Tax Relief Available
For information on Tax Relief please click here.
(Application deadline: 5 PM, March 31st, 2021)
CARES ACT 2020
The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is a law meant to address the economic fallout of the 2020 coronavirus pandemic in the United States.
SBA ECONOMIC INJURY DISASTER LOANS (EIDL)
The U.S. Small Business Administration approved a disaster relief loan program for small businesses and non-profits in Mariposa County that have been impacted by COVID-19. To apply online, receive additional disaster assistance information, and download applications, go to https://www.sba.gov/funding-programs/disaster-assistance
Call: (800) 659-2955
Individuals who are deaf or hard of hearing may call (800) 877-8339.
SBA - Declaration
For further Business Resources and Services, please select a subcategory by using the menu on the left side of the page, or click on the links below.
We’ll continue to update the Business Resources section as more information becomes available.
The Mariposa Chamber of Commerce website also has a COVID-19 section with additional information and resources for businesses in Mariposa.