These unprecedented weeks are proving very difficult for so many including local small businesses, employees who suddenly find themselves without a job, and those who are worried about being displaced because they cannot pay for rent or mortgage.
The City of Chula Vista is providing the following resources for its residents and businesses: Regional small business loans are available to businesses that are impacted by COVID-19. Loans range from $10,000 to $20,000 with interest rates as low as 2.5% with no payments due and no interest accrued for the first six months of the loan term. This program is only available to businesses located in the cities of Chula Vista and San Diego.
This program, https://www.sba.gov/funding-programs/disaster-assistance is administered on behalf of the City of Chula Vista by the City of San Diego Economic Development Department through the City of San Diego Small Business Relief Fund. The Small Business Administration’s (SBA) Economic Injury Disaster Loan program provides small businesses, including non-profits with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.
Find more information on the SBA’s Economic Injury Disaster Loans at https://www.sba.gov/funding-programs/disaster-assistance In addition, the South County Economic Development Council is offering one-time, zero interest loans up to
$5,000 to South Bay restaurants to assist in staying open and continuing to serve food. Additional information is available at https://fd417926-b584-4cae-b70f-916106985972.usrfiles.com/ugd/061260_94542cde533a4adabbdb1f3df3d7356a.pdf
If your employer has reduced your hours or shut down operations due to COVID-19, you can file an Unemployment Insurance (UI) claim at https://edd.ca.gov/Unemployment/Filing_a_Claim.htm UI provides partial wage replacement benefit payments to workers who lose their job or have their hours reduced, when it isn’t their fault. Workers who are temporarily unemployed due to COVID-19 and expected to return to work with their employer within a few weeks are not required to actively seek work each week. However, they must remain able and available and ready to work during their unemployment for each week of benefits claimed and meet all other eligibility criteria. Eligible individuals can receive benefits that range from $40-$450 per week.
The Governor’s Executive Order waives the one-week unpaid waiting period, so you can collect UI benefits for the first week you are out of work. If you are eligible, the EDD processes and issues payments within a few weeks of receiving a claim. The City’s Economic Development web pages offer information including what to do if you get sick from COVID19, worker’s compensation, caregivers and more. Read all about it at https://www.chulavistaca.gov/Home/Components/News/News/2061/17?backlist=%2f
Housing and the fear of being evicted is another concern for many Chula Vista residents.
Recently, the Chula Vista City Council approved an eviction moratorium for all residents and commercial tenants to help stabilize housing and those businesses financially impacted by COVID-19. Additional tips and information to help support the community to figure out paying everyday bills and maintain housing during this difficult time can be found on the