Business Resources
Outdoor Dining Guidance
These documents provide guidance for conducting outdoor dining and outdoor displays of retail goods. This guidance will remain in place until the Shelter-in-Place Order is lifted to allow unrestricted dining and retail operations, or until the City revokes these interim provisions.
Business Resilience Emergency Loan Program
Rapid Relief for Business
Fast Approvals for Businesses Facing Revenue Loss During the COVID-19 Pandemic
Up to $10,000
Bridge Funding while you apply for other financing
Payments Deferred for 6 Months
Longer Term Financing up to five years when federally backed financing is not available
2.5% Rate
No Prepayment Penalty
For payroll, critical accounts payable, rent or mortgage payments, utilities, etc.
Application Needs
Make appointment to speak with an adviser from the SBDC (Small Business Development Center) *
Certify gross revenue decline of at least 25% due to COVID-19
Describe how the loan will help
Self-certify you have checked with your bank about available financing
Provide additional information requested on the application
* appointment may be completed after funding
How to Apply
Complete the application and gather information on the checklist.
Email your application and information to Susan Diehl McCarthy at sdiehlmccarthy@cityofarcata.org.
Your application is checked then forwarded the AEDC for processing and funding.
The City of Arcata may have other financing and grant options. Contact Susan at the email address above for more information.
Help from the SBDC in Coping with COVID-19
Contact the SBDC to find important resources for employers, employees, and specific industries. They are also your source for information about available financial help, including:
SBA Economic Injury Disaster Loan
Provides a $10,000 rapid advance, which may not need to be repaid
CARES Act Paycheck Protection Program
Funding to cover payroll and some operating expenses, like mortgage interest, rent & utilities. All or part may be forgiven if employees are kept on payroll.
