Custom Search
CivicLifeSportsSchoolsBusinessFoodOur HomesLetters/OpinionsCalendar

Published March 3rd, 2021
City holds webinars, answers questions on free business assistance program

The city of Lafayette is once again making available the Business Assistance Program to assist Lafayette-based businesses and nonprofits as a resource to help navigate the maze of loans available with the latest round of federal stimulus packages.
Any Lafayette business with less than 300 employees, gig workers and those without employees can qualify for the free consulting service, overseen by Townsend Public Affairs - a service paid for by the city.
Currently 152 local small businesses have registered for free guidance with the BAP.
According to TPA Associate Johannus Reijnders, these 152 businesses reflect over 910 employees and independent contractors within the Lafayette community. Total reported Paycheck Protection Program funds, self-reported by those businesses that choose to share the information, currently come in at $232,000, which, says Reijnders in a Feb. 17 memo to the city, "is in addition to the $1.5M in 2020 awards that we are continuing to guide to forgiveness and grant compliance."
The BAP is providing webinars to discuss the PPP and to offer tips for successful applications, including a Q&A panel for answering questions live, with the next one planned for March 4, from 4 to 5 p.m. (See link below to register.)
Those Lamorinda businesses located outside of Lafayette should not fear the process either, however, according to Lamorinda Weekly Co-Publisher Wendy Scheck who says that the application process has been streamlined for this second round of funding.
With Lamorinda Weekly's revenue impacted by COVID shutdowns, Scheck, who is responsible for the company's accounting, decided earlier this month to apply for a PPP loan. As a Mechanics Bank customer, Lamorinda Weekly used the bank's online application process.
"All necessary documents were reports in our accounting and payroll systems and of course a copy of the tax return was needed," said Scheck. "We decided to apply for the loan instead of reducing costs again. The pandemic and its impact should eventually come to an end and we hope the loan will help us to keep our service to the community going," Scheck added, noting that the loan was approved and funded within a week.
For more information on the BAP, go to: https://www.lovelafayette.org/businessassistance?fbclid=IwAR0ix70hMz_8QnCZZ1L8Lr9lxWZf6S7cwERnC84g_meqtsUhq1IVbEgTeh4
To register for the webinar, go to: https://register.gotowebinar.com/rt/8894497526695144719?fbclid=IwAR1JmybtNgUKibkM6R2ilpIMbZoSdVS-sjncqOZszIX3dkeWR9f625k3oCY

print story

Before you print this article, please remember that it will remain in our archive for you to visit anytime.
download pdf
(use the pdf document for best printing results!)
Send your comment to:
Reach the reporter at:

This article was published on Page A2:

Quick Links for LamorindaWeekly.com
send artwork to:
Classified ads
Lamorinda Service Directory
About us and How to Contact us
Letter to the Editor
Send stories or ideas to:
Send sports stories and photos to:
Subscribe to receive a delivered or mailed copy
Subscribe to receive storylinks by email
Our Homes
Copyright Lamorinda Weekly, Moraga CA