During this time your Chamber is here to help you navigate resources and answer any questions you may have.
Click Here for our Coronavirus (COVID-19) resource page.
Click Here for Frequently Asked Questions.
Click Here for Resources for Employers.
We’re receiving continual updates from Ventura County and LA County Public Health as well as our local cities and state officials.
If you have any questions we’re here to help. Our phone is 805.370.0035.
Are there any sources of funding to help my business during the COVID-19 Pandemic?
Yes! There are two main sources of financial support for businesses – the Small Business Administration (SBA) and the Economic Development Collaborative.
The SBA offers low interest disaster assistance loans for businesses affected by COVID-19. Loans can be for terms up to 30 years, in order to make the payments manageable. In some industry categories a company under 500 employees qualifies as a small business.
The Economic Development Collaborative offers low interest micro loans from $5,000- $50,000 through their Disaster Loan Fund to give a cash flow boost to businesses impacted by reduced sales, supply chain disruption or other challenges related to COVID-19.
- Contact Marvin Boateng, Lending Manager to apply at marvin@edcollaborative.com or call (805) 409-9158.
Is there anything that I can do to support employees that will be impacted by my business shut down?
If your employees have their hours reduced or are temporarily or permanently laid off, then they should qualify for unemployment benefits from the Employment Development Department (EDD).
Employees can apply for benefits immediately after a work cut back or stoppage.
- The website to apply for benefits is https://edd.ca.gov/Unemployment/
Also, if a child’s school is closed, and employees have to miss work to be there for them, they may be eligible for Unemployment Insurance benefits. Eligibility considerations include if they have no other care options and if you are unable to continue working your normal hours remotely.