As part of the CARES Act passed by Congress, a new meal program is being implemented right now for Cathedral City and throughout Riverside County for seniors making less than $74,940 who need meals delivered to their homes from local restaurants in order to avoid being stricken by the coronavirus.
Category: News
Business Owners, Independent Contractors, 1099 Tax Filers Can Apply for Pandemic Unemployment Assistance
Watch the following video hosted by CCTV’s Conrad Angel Corral and Cathedral City’s Economic Development Director Stone James as they discuss a recently implemented unemployment assistance program for business owners, independent contractors, gig workers, and those who receive 1099 tax forms.
SBDC Offering Spanish Webinar for Small Businesses / Orientación y Recursos Para Pequeñas Empresas
Acompáñenos mientras discutimos opciones de financiamiento y cómo proteger su negocio ahora, el Préstamo por Desastre y Daño Económico del SBA (EIDL), el Programa de Protección de Cheques De Pago (PPP), su seguro de interrupción de negocios, información del empleado y más.
Labor Secretary Issues Open Letter to Californians Regarding Unemployment Insurance (UI) Payments and Pandemic Unemployment Assistance Timeline
California Labor Secretary Julie A. Su issued an open letter to unemployed and self-employed Californians who are seeking benefits through unemployment insurance or the new Pandemic Unemployment Assistance (PUA) program.
iHUB Radio Offers Free Ad Campaigns Through May
iHub Radio, the all-digital news, talk and entertainment radio station that exclusively serves the Coachella Valley region with an around-the-clock schedule of locally-produced and hosted current events and lifestyle-oriented content has announced that the broadcast service will be offering 100-percent of its advertising inventory at no charge to Coachella Valley-based businesses doing their best to operate and remain viable in the wake of the COVID-19 crisis through at least the end of May.
Chamber of Commerce and City Working Together as Information Hubs
The Cathedral City Chamber of Commerce, in partnership with the Greater Coachella Valley Chamber of Commerce, is expanding their Visitor Center operations in this time of need to assist our community.
Payroll Protection Program
As many of you may know, President Trump's CARES Act is providing a $2.2T stimulus to help our Country get through the COVID-19 situation. While the CARES Act is funding several popular loan programs, the programs getting the most attention from businesses are the Payroll Protection Program (a forgivable loan of up to $10m based on your average monthly payroll expenses subject to certain conditions and requirements) and SBA's Economic Injury Disaster Loan Program along with its $10,000 cash advance.
CARES Act – Payroll Protection Program
The Paycheck Protection Program (PPP) was enacted under the CARES Act to help small businesses cover their near-term operating expenses during the COVID-19 crisis and provide a strong incentive for employers to retain their employees. This is a new $349-billion Small Business Administration (SBA) lending program, with a 100% government guarantee, as opposed to the 75% guarantee for traditional SBA 7(a) loans.
Riverside County Town Hall Video
Supervisor V. Manuel Perez, alongside the Small Business Development Center and the Riverside County Economic Development Agency, hosted a Webinar to highlight available resources, funding options and assistance to businesses through these difficult times.
Riverside County Town Hall with Supervisor V. Manuel Perez
Join Chairman of the Board of Supervisors for Riverside County, Manuel Perez for a Town Hall on Resources for Business Owners in Response to COVID-19.