{"id":1169,"date":"2021-01-05T00:11:00","date_gmt":"2021-01-05T05:11:00","guid":{"rendered":"https:\/\/www.mgocpa.com\/?post_type=perspective&p=1169"},"modified":"2025-06-26T06:18:39","modified_gmt":"2025-06-26T11:18:39","slug":"california-small-business-covid-19-relief-grant-deadline-extended","status":"publish","type":"perspective","link":"https:\/\/www.mgocpa.com\/perspective\/california-small-business-covid-19-relief-grant-deadline-extended\/","title":{"rendered":"California Small Business COVID Grant Deadline Extended"},"content":{"rendered":"\n

The State of California Small Business COVID-19 Relief Grant Program<\/a>, which offers grants of $5,000 to $25,000 to eligible small businesses and nonprofits adversely affected by the pandemic, has extended the deadline for the first round of applications to January 13th, 2020.<\/p>\n\n\n\n

Start a grant application here: https:\/\/careliefgrant.com\/partners\/county\/<\/a><\/p>\n\n\n\n

Basics of the COVID-19 Relief Grant Program<\/h2>\n\n\n\n

The program, which allocates $500 million in financial relief to small businesses and nonprofits that have been impacted by the COVID-19 pandemic, was first announced by Gov. Newsom and the California state legislature on November 30th, 2020<\/a>.<\/p>\n\n\n\n

All California-based small businesses (including sole proprietors, home-based businesses, and independent contractors) and not-for-profits with a yearly gross revenue of $2.5 million or less, and have been in operation since at least June 1, 2019, may be eligible for the grant. It is worth noting that applicants with multiple business entities\/franchises\/locations, etc. are not eligible for multiple grants and are only allowed to apply once using their eligible small business with the highest revenue.<\/p>\n\n\n\n

Grant Awards by Entity Revenue<\/h2>\n\n\n\n

The grant award ranges from $5,000 to $25,000 based on your operation\u2019s annual gross revenue as reported in the most recent federal tax return.<\/p>\n\n\n\n

Gross Annual Revenue – Grant Award<\/strong>
$1,000 to $100,000 – $5,000<\/strong>
Greater than $100,000 up to $1,000,000 – $15,000<\/strong>
Greater than $1,000,000 up to $2,500,000 – $25,000<\/strong><\/p>\n\n\n\n

The award is a true grant, not a loan that has to be forgiven. The funds are intended to be used as working capital for your business\u2019s operating expenses \u2013 payroll, rent, loan payments, COVID-protective measures, etc.<\/p>\n\n\n\n

Award Selection Process<\/h2>\n\n\n\n

The grants are not<\/strong> issued on a \u201cfirst-come, first-served\u201d basis; rather all applications will be assessed following the close of each application round. The program prioritizes distribution based on key factors, including:<\/p>\n\n\n\n