CA Relief Grant 

ROUND 6 Closed on 5/4/21 at 5:00 PM

Eligible applicants: current waitlisted small businesses and/or nonprofits not selected in Rounds 1, 2, 3, 4 or 5 and new applicants that meet eligibility criteria.

Eligible grant award: 5,000 - 25, 000

Application dates April 28th at 9:00 AM to Tuesday, May 4th at 5:00 PM

Details: Applicants not selected to receive a grant in Rounds 1, 2, & 3 do not need to reapply as they will be automatically moved into Round 5. New applicants will need to apply on this website.

Webinars:

April 13, 16, 20, 21, 28 and 29th

Details: Applicants not selected to receive a grant in Rounds 1, 2, 3 & 5 do not need to re-apply and will be automatically moved into Round 6. New applicants will need to apply on this website.


Visit the Loan Source to apply
Flagstar Bank is here for you
Your branch manager or relationship manager is here to support you. We appreciate your business, and we are committed to assisting you through any disruptions that may arise relating to COVID-19.

Guiding you through the PPP process

To our valued nonprofit partners,

Congress recently approved $284 billion in additional relief to support small businesses and nonprofit organizations during the coronavirus crisis. This latest iteration of the SBA Paycheck Protection Program (PPP) targets organizations with up to 300 employees that have experienced at least a 25% reduction in revenue in any quarter in 2020 compared to the same period in 2019. It also promises a simpler process for loan forgiveness than earlier programs.

Flagstar is participating in this round of PPP. We are now partnering with Loan Source/ACAP, a firm specializing in helping businesses and nonprofits access their PPP funds and maximize loan forgiveness.

How to apply for a PPP loan

The Loan Source Smart Portal brings together in one place the information you need to determine if a PPP loan is right for you. Starting today, you can submit your PPP application from within the Smart Portal, which provides helpful digital tools to guide you through the process.

Visit the Loan Source to apply

For questions about the PPP loan application and approval process, please contact Loan Source directly:

Loan Source/ACAP

theloansource.com/partners/flagstar/

1-800-929-2235   support@theloansource.com 


All info about RRF

1. Get the program details.

Get the program details such as eligibility, funding amount, allowable use of funds and more. If you haven’t already, sign up for RRF email updates.

2. How to prepare.

Currently, SBA is not accepting applications for RRF. However, you can prepare your application by reviewing the sample application, program guide and cross-program eligibility chart on SBA COVID-19 relief options. You will be able to apply through SBA-recognized Point of Sale Restaurant Partners or directly via SBA in a forthcoming online application portal. Registration with SAM.gov is not required. DUNS or CAGE identifiers are also not required.

3. When to apply.

The official application launch date will be announced shortly. Ahead of the application launch and over the next two weeks, the SBA will establish a seven-day pilot period for the RRF application portal and conduct extensive outreach and training on how to apply, application requirements and where to apply. Participants in this pilot will be randomly selected from existing PPP borrowers in priority groups for RRF and will not receive funds until the application portal is open to the public. 

Following the pilot, the application portal will be opened to the public. For the first 21 days that the program is open, the SBA will prioritize reviewing applications from small businesses owned by women, veterans, and socially and economically disadvantaged individuals. Following the 21-day period, all eligible applicants are encouraged to submit applications.


MORE information

Posted 4/21/21

The LA Regional COVID-19 Recovery Fund will be disseminating $4.7 million in financial relief through the new Keep Our Shops on the Block Grant, a $10,000 grant for small brick-and-mortar businesses in the personal care and retail sectors.

Led by the County of Los Angeles in partnership with LISC LA, the LA Regional COVID-19 Recovery Fund was designed to provide a much-needed wave of financial relief to businesses during the COVID-19 pandemic.

Finalists in round 1 of the program will be notified via email during the week of April 19th. If you applied in round 1 and were not selected, you do not need to reapply. If you have not yet applied, eligible businesses can apply for the $10,000 grant from Monday, April 26th through Sunday, May 2nd.

Eligible businesses include: hair and beauty salons, nail salons, esthetic, skin care, electrology, barbershops, shoe repair shops, dry cleaners, automotive or appliance repair, flower shops, party supply stores, bookstores, apparel stores, bakeries, donut shops, community grocery stores/markets, variety discount stores, and more! See full list of eligible businesses on the LA Regional COVID-19 Recovery Fund website.

For all eligibility requirements and to apply, visit the LA Regional COVID-19 Recovery Fund website.

Please note that while grant winners will be chosen through a randomized application system, applicants who meet certain criteria will be weighted more heavily in the system in order to support the most vulnerable Angelenos. Businesses that will receive higher weightings include those that are veteran-owned and are located in County Districts with higher poverty rates, lower educational attainment and lower median income.

If you have any further questions and/or need assistance, please email: lacovidfund@lisc.org.

MORE information


Posted 4/23/21

The Small Business Association has created the Restaurant Revitalization Fund.

This fund will provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location.

Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.

More Information

Posted 4/5/21

The Fisher House Foundation

The Fisher House Foundation, through the Newman’s Own Awards, is making funds available to support organizations that are working to improve the lives of military families.

The Foundation is seeking to support creative plans that will increase the quality of life for military service members and their families. Proposals are encouraged to think outside of the box and demonstrate a responsiveness to the acute needs of active duty military families.

Application Deadline: April 22, 2021

More Information

Posted 4/5/21

Inland Empire Community Foundation:

Field of Interest Funds

The current Field of Interest funds are:

Irene S. Rockwell Fund - Benefits the residents of the city of Perris. Average grant award is $2000.

Seraphim Fund - Aids women and children, including the economically disadvantaged, victims of domestic abuse, and those suffering from physical or mental illness or substance abuse. Average grant award is $10,000.

Fred and Eva V. Stebler Fund - Provides funds for the treatment and care of indigent children in Riverside County, with a strong emphasis on children with special needs. Average grant award is $10,000.

James Bernard and Mildred Jordan Tucker Fund - Benefits wheelchair users (ADA compliance projects are eligible). Average grant award is $10,000.

Application Deadline: May 15, 2021

More information

Posted 4/5/21

The American Legion Child Welfare Foundation offers support to organizations that contribute to the physical, mental, emotional, and spiritual welfare of children. The foundation awards grants to organizations that contribute to the welfare of children through:

The dissemination of information about new and innovative programs designed to benefit youth or information already possessed by well-established organizations.

The dissemination of knowledge already possessed by well-established organizations, to the end, that such information can be more adequately used by society.

Projects must have the potential of helping American children in a large geographic area (more than one state) and be completed by December 31st of the award year.

Application Deadline: July 15, 2021