Financial Assistance for Businesses

Guide to Available Grants and Loans for Small Businesses

Click here for a list of available funding sources for small businesses.

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Disaster Assistance Loans for Small Business Owners in LA County Affected by Civil Unrest
Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. SBA low-interest loans can also help businesses with the cost of improvements to protect, prevent, or minimize the same type of disaster damage from occurring in the future.
There are two important deadlines to apply for assistance from SBA. Business owners must file an application by August 17, 2020, for property damage applications and by March 17, 2021, for economic injury applications. There are several ways to apply:

Complete an application online at disasterloanassistance.sba.gov 

Call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. 

Individuals who are deaf or hard of hearing may call (800) 877-8339.

If you need assistance with your application, visit the Los Angeles County Disaster Help Center at lacountyhelpcenter.org. Interested applicants who do not have access to the internet, have limited computer proficiency or speak languages other than English may instead contact LA County’s Disaster Help Center at (833) 238-4450. Multilingual business counselors are standing by to assist business owners in completing applications Monday through Friday, from 8:30 a.m. to 5:30 p.m.

The SBA is also offering assistance through its Virtual Disaster Loan Outreach Center at FOCWAssistance@sba.gov. SBA disaster loans are only available for damages and losses due to the civil unrest that began May 26, 2020, and not for COVID-19 related losses.

Guidance for Businesses Re-Opening 

Select businesses are allowed to reopen, provided they follow strict distancing and infection control protocols outlined by the LA County and California Departments of Public Health. Resources and guidelines for these businesses are linked below.

Business Assistance
For businesses, the City is exploring ways to facilitate public access to federal grants that are and may become available. 

The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to California small businesses suffering substantial economic injury as a result of the COVID-19. As Los Angeles County has been declared a disaster area for COVID-19, businesses in Artesia are eligible to apply for Economic Injury Disaster Loans. For more information, click here.

Los Angeles County has compiled a list of resources available for affected businesses, available here.

LACovidFund.org has grants and loans available for small businesses and entrepreneurs.

Senator Dianne Feinstein's office has produced responses to frequently asked questions about the federal Coronavirus Aid, Response, and Economic Security (CARES) Act, the federal relief bill signed on March 27. Please see links to these below:

Unemployment Information for Businesses

This link is for employers to follow to find what services are best for their situation.  

There are Los Angeles-specific federal funds available that business owners can access through their local America's Job Center of California. If your business is planning a closure or major layoffs as a result of the coronavirus, you can get help through the Rapid Response program. Rapid Response teams will meet with business owners to discuss their needs, help avert potential layoffs, and provide immediate on-site services to assist workers facing job losses. You can find their closest location here.

Artesia Chamber COVID-19 Resources

You can view a resource page compiled by the Artesia Chamber of Commerce.