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MEDIA CONTACT INFORMATION
Simone McFarland Communications Manager (818) 238-5840
Sgt. Derek Green Police Department (818) 238-3240
Battalion Chief John Owings Fire Department (818) 238-3361
Joe Flores Burbank Water and Power (818) 238-3773

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Burbank Small Business Assistance Program – Application Now Open

Post Date:06/23/2020 2:55 PM

 Burbank, CA (June 29, 2020) – If you are a small business impacted by COVID 19, you can apply for a Burbank Small Business Assistance loan between $5,000 to $10,000. Eligible businesses include self-employed contractors, entrepreneurs, gig workers, or businesses with less than 20 employees.  

Microenterprise Assistance up to $5,000**  

  • Must be Burbank resident and business owner with no employees (contractor, gig worker, or entrepreneur)  

  • A business must be financially impacted by COVID 19 

  • A business has unpaid, extended, or soon to be delinquent operating expenses, such as rent, utilities, inventory, taxes, etc. 

  • Current annual household income must be at or below the Low-Income Level (see table below) 

Low Income Household Reference Chart

# of People

1

2

3

4

5

6

7

8

Annual Income Limit

$63,100

$72,100

$81,100

$90,100

$97,350

$104,550

$111,750

$118,950

 

Small Business Assistance up to $10,000** 

  • Must be a Burbank Small Business Owner with at least 2 but fewer than 20 employees 

  • A business laid-off, furloughed, or reduced work hours/shifts for any of their employees  

  • A business has unpaid, extended, or soon to be delinquent operating expenses, such as rent, utilities, inventory, taxes, etc. 

  • Must create or retain 1 full-time equivalent position for a low-income employee 

**If a small business received financial assistance from a CARES Act SBA loan, the amount received will be deducted from the amount eligible under this program. CARES Act SBA funding in the amount exceeding $4,999 for the microenterprise assistance program or in the amount exceeding $9,999 for the small business assistance program denotes ineligibility. 

The application period will begin on Monday, June 29, 2020, starting at 8:00 a.m. (Pacific Standard Time (PST)) and end on Friday, July 10, 2020 5:00 p.m. PST. Due to limited funding, the City will only accept 100 applications by or before the application period end date, whichever comes first. All applications must be submitted on-line at: https://burbank.cceda.com/ by clicking the Small Business Assistance Banner that will appear on the website at 8:00 a.m. on June 29. Loans will be provided to eligible small businesses on a first-come, first served basis.   

For other general questions or assistance, please call the Application Call Center at (818) 238-5180, Monday – Friday, from 8 a.m. – 5 p.m., and someone will be able to assist you. 

 

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Facebook: @BurbankCA, Twitter: @BurbankCA, Website: www.burbankca.gov 

 

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