Businesses may be eligible for forgiveable loans of up to $20,000 from the City of Burbank.*
City of Burbank
Small Business Assistance Program
The City of Burbank, in partnership with the California Community Economic Development Association (CCEDA), has launched the City of Burbank Small Business Assistance Program to provide support for small businesses impacted by the COVID-19 virus and associated restrictions.
The application period for this program has ended. Click below and enter your business information to be placed on a waiting list should additional funding become available.
UPDATE - The application period for this program has ended. Join the wait list above to be notified should additional funding become available.
Apply for Assistance Today
If you have already submitted your loan application to the SBA for an EIDL or to your bank for a PPP loan, you can apply through the City of Burbank Small Business Assistance Program. Microenterprises in Burbank are eligible for forgivable loans of up to $5,000, small business are eligible for forgivable loans of up to $10,000 from the City of Burbank.
Microenterprise Assistance up to $5,000*
- Must be Burbank resident and business owner with no employees (contractor, gig worker, or entrepreneur)
- Your business was financially impacted by COVID-19
- Your business has unpaid, extended, or soon to be due delinquent operating expenses, such as rent, utilities, inventory, taxes, etc.
- Annual household income must be at or below the Low-Income Level
Small Business Assistance up to $10,000*
- Must be a Burbank Small Business with at least 2, but fewer than 20, employees
- Your business had to lay-off, furlough, or reduce work hours/shifts for any of your employees
- Your 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
- A valid business license from the City of Burbank that was issued prior to January 21, 2020
- All applicable business insurances must be valid and up to date
- Valid and current federal and state tax ID numbers
*Is My Business Eligible?
The City of Burbank’s Small Business Assistance Program is offering $10,000 to $20,000 in loans to eligible Burbank businesses impacted by Covid-19.
- All interested and eligible microenterprises (with less than 2 employees, self-employed, gig workers, and entrepreneurs) and small businesses with more than two and less than 200 employees, based in the City of Burbank, are invited to apply for CARES Act CDBG-CV funding to assist in the preparation, prevention and response to the Covid-19 pandemic.
- Eligible businesses who are awarded funding and continue to meet the requirements of the program are not expected to pay back the loan. To be eligible, 51% of employees of the business must fall into the Low Income Limits. (Shown Below)
FY 2020 Income Limit – Median Family Income
| Number of Persons in Household | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| Low (80%) Income Limits - Annual | $63,100 | $72,100 | $81,100 | $90,100 | $97,350 | $104,550 | $111,750 | $118,950 |
| Low (80%) Income Limits - Monthly | $5,258 | $6,008 | $6,758 | $7,508 | $8,113 | $8,713 | $9,313 | $9,913 |
Small Business Resources
For more information or to learn about other resources, please call the City of Burbank at (818) 238-5180, or call CCEDA at (213) 625-0105.
Visit the websites below for information about Small Business Administration programs in response to the pandemic, and for State of California coronavirus response assistance.
Brought to you by the City of Burbank in partnership with the California Community Economic Development Association (CCEDA)
