Palmdale offers helpful resources during pandemic

Assisting businesses, employees

Merdies Hayes Managing Editor | 3/27/2020, midnight

The City of Palmdale has prepared a comprehensive list of resources available to businesses and employees who are being adversely affected as a result of the coronavirus pandemic.

“We understand that the threat of coronavirus (COVID-19) may be impacting several employers and employees in Palmdale,” said Palmdale City Manager J.J. Murphy. “As part of our ‘Palmdale Cares’ initiative, we have assembled a list of resources that may be available to our local businesses and their employees during this difficult time.”

As of March 20, the following resources were made available:

SBA coronavirus disaster relief lending

The U.S. Small Business Administration (SBA) is now offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of COVID-19. An Economic Injury Disaster Loan assistance declaration issued by the SBA makes loans available to small businesses and private, non-profit organizations in designated areas of a state or territory to help alleviate economic injury caused by the coronavirus. SBA's Economic Injury Disaster Loans offer up to $2 million in assistance and can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.

For details, visit: https://disasterloan.sba.gov/ela/Documents/Three_Step_Process_SBA_Disaster_Loans.pdf.

The application link is now open for any California business wishing to apply for a disaster loan related to the economic damage from the COVID-19 health crisis. Link: https://disasterloan.sba.gov/ela.

For more information, contact the SBA disaster assistance customer service center at (800) 659-2955 or e-mail disastercustomerservice@sba.gov.

Jewish Free Loan Association - coronavirus microloan

Jewish Free Loan offers no-fee and interest-free loans up to $10,000 to cover small business losses, lost wages because you can't go to work, child care costs when schools are closed, funds lost due to cancelled travel plans, and more. Loans can be turned around in a matter of days. For more information, visit https://www.jfla.org/coronavirus-loans

Tax filing and payment deadline extension

The Franchise Tax Board (FTB) announced special tax relief for California taxpayers affected by the COVID-19 pandemic. Affected taxpayers are granted an extension to file 2019 California tax returns and make certain payments until June 15. This relief includes moving the various tax filing and payment deadlines that occur on March 15, through June 15. For more information, visit the FTB California Tax Service Center at www.taxes.ca.gov .

Work sharing program

Employers experiencing a slowdown in their businesses or services as a result of the coronavirus impact on the economy may apply for the Unemployment Insurance (UI) Work Sharing Program. This program allows employers to seek an alternative to layoffs - retaining their trained employees by reducing their hours and wages that can be partially offset with UI benefits. Workers of employers who are approved to participate in the Work Sharing Program receive the percentage of their weekly UI benefit amount based on the percentage of hours and wages reduced, not to exceed 60 percent. Visit https://www.edd.ca.gov/Unemployment/Work_Sharing_Program.htm to learn more about its benefits for employers and employees, and how to apply.

Potential closure or layoffs

Employers planning a closure or major layoffs as a result of the COVID-19 can get help through the Rapid Response program. Rapid Response teams will meet with you to discuss your needs, help avert potential layoffs, and provide immediate on-site services to assist workers facing job losses. For more information, refer to the Rapid Response Services for Businesses Fact Sheet (DE 87144RRB) (PDF) available at https://www.edd.ca.gov/pdf_pub_ctr/de8714rrb.pdf or contact America's Job Center of California at (661) 265-7421.