Small Business COVID-19 Resources

Submitted by SJPL Works on Wed, 03/25/2020 - 9:00 AM
Calculator, pen, and glasses on top of accounting sheet

The current Coronavirus (COVID-19) outbreak has affected many of us in various ways. One of the areas that has been greatly impacted by this virus are businesses in San José and across the country as many are forced to close their doors as a safety precaution. With their businesses closed, this is a huge loss of revenue for small business owners and can leave owners uncertain about the future of their business.

Fortunately, there are resources available through business organizations and government agencies that can help businesses that are affected by COVID-19.

Business Organization Resources (BOS) - A City of San José-led collaboration of various local public, private, and non-profit businesses and organizations that offer free to low cost assistance to small business owners.

Many of the BOS partners are still hosting their programs and services online, such as:

To see more BOS partners, please visit the partner page.

BOS has also created a summary of business guidance as of 3/13 that are available through the following links: English, Español, Tiếng Việt, 中文

Small Business Administration (SBA) Economic Injury Loan Program - The SBA is offering Disaster Assistance Loans to businesses in designated states and territories affected by COVID-19. The application portal is now open and can be found through the SBA COVID-19 webpage.

  • Loan interest rates are 3.75% and payments can be made over 15 years to a maximum of 30 years based on cash flow.
  • There is an initial 5-month grace period on interest and principal payments.
  • The loan program is open to businesses from single person, sole proprietorships, to larger companies up to the 500+ employee limits set by the SBA.
  • Non-profits can also apply. Their interest rate is 2.75% but other factors are the same as small business loans.
  • Loans under $25,000 require no collateral.
  • Loans can be up to a maximum of $2 million though collateral will be needed.
  • All borrowers must apply on-line.
  • BOS partners: SBDC, AnewAmerica, MBDA, and SCORE are available to help prepare loan paperwork.

Small Business Finance Center (SBFC) - This is a Disaster Relief Loan Fund from the California Governor’s Office. SBFC is partnering with Financial Development Corporations to provide loan guarantees and direct loans for small businesses that experience capital access barriers.

Start Small, Think Big - A non-profit organization dedicated to providing under-resourced entrepreneurs with the tools they need to grow their businesses. Start Small are continuing to offer their services online along with continued access to their network of legal, finance, and marketing experts.

Small Business Majority Daily Updates for Small Businesses - Small Business Majority's daily updates page is updated with useful information and webinars about the ways small businesses can prepare for the impact of COVID-19 on their business and community.

Government Agencies

Keep up-to-date with new information and available resources with these government web pages:

  • City of San José - The City of San Jose's Economics Department has created a help page with updates and local business organizations offering funding and resource assistance.
  • Santa Clara County - The County has a dedicated up-to-date COVID-19 Business Resource page that provides information for local, state, and federal resources for small businesses.
  • Governor's Office of Business and Economic Development - The State of California has compiled additional resources and FAQs for businesses.

Government agencies have also created COVID-19 guidelines and information for workplace safety and employees:


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Submitted by Dixie Sinkovits on Tue, 03/31/2020 - 11:30 AM


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