- Doing Business
The process of starting a business can be complicated. Many business owners are unfamiliar with the variety of regulations, permits, licenses and fees associated with the process. A Resource Guide has been designed to help make the process easier for those interested in doing business in Banning.
The City of Banning is pleased to provide the City of Banning Business Resource Guide as part of the City's commitment to encourage and facilitate the growth of business in the community. The Guide is designed for those starting a business and for those who are contemplating a move or expansion.
ATTENTION SMALL BUSINESS OWNERS:
The U.S. Small Business Administration is offering a paycheck protection program to small businesses. The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. This program is only available through June 30, 2020.
This program is for any small business with less than 500 employees (including sole proprietorships, independent contractors and self-employed persons), private non-profit organization or 501(c)(19) veterans organizations affected by coronavirus/COVID-19. Businesses in certain industries may have more than 500 employees if they meet the SBA’s size standards for those industries.
Note that for small businesses, existing banks who are eligible to lend under the SBA 7(a) program can begin lending on Friday, April 3. For sole proprietors, they can begin lending on the 10th.
The sample application form can be found here: https://www.sba.gov/sites/default/files/2020-03/Borrower%20Paycheck%20Protection%20Program%20Application_0.pdf
Small Business Administration website: https://www.sba.gov/
CARES Act information:
Inland Empire Small Business Development Center: