The new Health Care Reform Act will require no changes for businesses with less than 50 employees.
PRESS RELEASE dated 4/1/11
Sacramento, CA – Low-interest Federal disaster loans are now available to California small businesses that have suffered financial losses due to the closure of the April 10 through September 30, 2010 California Salmon fishery season, U.S. Small Business Administration (SBA) Administrator Karen G. Mills announced today.
By declaring a disaster, Administrator Mills’ action makes low interest Economic Injury Disaster Loans (EIDL) available immediately to help meet financial needs caused by the closure of the 2010 salmon fishery season. SBA acted under its own authority to declare a disaster following a March 25, 2011 request from Governor Edmund G. Brown, Jr.’s designated representative, Mike Dayton, Acting Secretary of California Emergency Management Agency.
The declaration covers the coastal California counties (from North to South) of Del Norte, Humboldt, Mendocino, Sonoma, Marin, San Francisco, San Mateo, Santa Clara, Santa Cruz, Monterey, San Luis Obispo and Santa Barbara and the additional neighboring counties of Alameda, Glenn, Kern, Kings, Lake, Merced, Napa, San Benito, Siskiyou, Solano, Stanislaus, Tehama and Trinity and the neighboring Oregon counties of Curry and Josephine.
Helpful information from Mendocino County Supervisor (5th District), DAN HAMBURG from the last Annual Meeting:
1) The USDA Office of Rural Development has focused attention on our county over the past several years. That office recently granted $250,000 to the California Association of Resource Conservation and Development Councils to support the growth of local food systems in our region. USDA has provided sizable grants for construction of commercial kitchens and for the expansion of farmers’ markets. We have also applied for USDA support for the development of a county meat processing facility.
2) The Small Business Administration (SBA) offers training and information for small business. Information is available online at www.sba.gov/training.
3) The County operates a Community Development Block Grant (CDBG) business assistance loan program. This federally funded program has specific requirements, generally regarding the creation of jobs. Loan terms are attractive for qualified businesses. The program operator is Jeff Lucas, with Community Development Services (CDS).
4)The County provides CDBG funding to support the work of the WEST Company (www.westcompany.org). Through training and consultant services, WEST Company uses effective management tools to help start-up and established businesses develop strategies for success.
5) The County’s Economic Development & Finance Corporation (EDFC) operates a loan program which currently has a current portfolio of nearly a quarter of a million dollars and has another quarter million to loan. If you aren’t aware of EDFC, visit their website at www.edfc.org or call Economic Development Coordinator John Kuhry.
You can reach Dan Hamburg at email@example.com.