Business Briefing with the White House | CA Relief Grant Has Ended

In this Must Know… 

Business Briefing with the White House for an Economic Update

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CAMEO is partnering with Small Business for America’s Future TOMORROW, May 14, 2021 at 12:00pm PT for an update on the state of the economy and to discuss the American Jobs Plan and the American Families Plan and what they mean for small businesses and entrepreneurs.

Administrator Isabella Casillas Guzman of the U.S. Small Business Administration and Bharat Ramamurti, Deputy Director of the National Economic Council will be the featured speakers.


#CAReliefGrant

CA Relief Grant Has Ended

The 6th and final round of the California Relief Grant is closed. Applicants can still log into the Portal to complete unfinished applications, upload documents, and check their application status. Notifications about selection decisions began being sent on May 7, 2021 and will continue for the next few weeks. Please ask your clients to be patient, as Rounds 5 and 6 saw the biggest influx of applicants.

Watch testimonials from Sabrina Bell-Bonadeo and Janie Hodge to learn how the Grant is already changing small business owners’ lives.


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ICYMI: AB 80

Governor Gavin Newsom signed AB 80, a bill that will give small businesses hit hardest by this pandemic a $6.2 billion tax cut over the next six years.

Under this legislation, the forgiven PPP loans that businesses received from the federal government during the pandemic will not be counted as taxable income for their California tax return, and these businesses also can deduct the costs of eligible expenses under those loans.


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