Small Business Grant Program

Application opens Wednesday, July 8, at 8 am. Click here to apply.

This page was updated on July 10, 2020.  

In partnership with the Orange County Small Business Development Center (SBDC), the City of La Palma has created a Small Business Emergency Grant Program to provide funding to small businesses needing financial assistance in overcoming the temporary loss of revenue due to the COVID-19 outbreak.

Small businesses may be eligible to receive a grant of $7,500. 

The grant may be used for working capital to cover the day-to-day business operating expenses such as payroll, rent/lease payments, mortgage payments, utility expenses, inventory, Personal Protection Equipment (PPE), or other similar expenses that occur in the ordinary course of operations.

Grants

Informational Webinar

The City of La Palma and the SBDC conducted two webinars (on July 6 and July 7) prior to the opening of the application period for the Small Business Grant Program that outlined the program, the application, and additional documents needed to respond.

Application Information

Online applications will be available starting Wednesday, July 8, at 8 AM through Monday, July 13 at 5 PM.

Click here for the online application.

Eligibility

To be eligible to apply for the Small Business Emergency Grant Program, a business must meet certain criteria that has been established by the City of La Palma and both the CARES Act and the U.S. Department of Treasury for activities utilizing funds. The business must also demonstrate the need for financial support resulting from the temporary loss of revenue due to the impact of COVID-19. The business applicant must meet the following minimum requirements to be considered for grant funding:

  • The business can be a for-profit or a non-profit;
  • The business must be a business physically located in La Palma;
  • The business must be located in a commercial/industrial space;
  • The business must have an active La Palma business license for a minimum of six (6) months;
  • The business must not have than 25 employees (full-time equivalent), including the business owners;
  • The business must be in good standing with the City (current on bills, no liens or judgments, etc.), unless directly correlated to COVID-19 impacts;
  • The business that received access to capital through alternative sources (e.g. Economic Injury Disaster Loan (EIDL) or Paycheck Protection Program (PPP) Loan) is eligible to apply;
  • The business must submit the application and all required supporting documentation; and
  • The business applicant must provide proof of financial hardship causing business interruption due to COVID-19 in one of the following ways:
    • The business has been deemed non-essential and has been forced to shut down by the state or local government;
    • Sales from the business are down more than 25% compared to the previous three months (Prior to February 15, 2020);
    • The business has had to lay off at least one of its employees (full- or part-time employee); or
    • One or more of the employees in the business have contracted COVID-19, while at work.

Lottery

If the number of applications far exceeds the amount of funding that is available for disbursement, the City will implement a lottery system for all eligible small businesses. Once applications and eligibility have been approved, they will be assigned a number and entered into a lottery.  Potential grant recipients will be contacted by email, phone and/or letter starting July 22, 2020.

Verification and Eligibility Determination

Upon pre-approval and selection, SBDC shall request of the applicant all required documentation for review and verification for grant approval. Documentation will be submitted directly to SBDC. If the grant request meets the criteria for program funding all required documentation must submitted within ten (10) business days of awardee notification.

Contact Information

For additional information regarding the Small Business Emergency Grant Program, please contact the following:

Joseph Cisneros
Management Analyst
City of La Palma
(714) 690-3358
jcisneros@cityoflapalma.org 

For questions about the guidelines and application or assistance in completing the Small Business Emergency Grant application and to set up a one-on-one consultation (at no cost), please contact the Small Business Development Center at:

Mike Daniel 
Regional Director
Orange County/ Inland Empire SBDC Network
Hosted at California State University, FullertonMihaylo College of Business and Economics
800 N. State College Blvd. SGMH 4157
Fullerton, CA 92831
(657) 278-1803
midaniel@fullerton.edu