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Doing Business
Introduction
The City of Banning welcomes you to its business community. Starting a business can be exciting and challenging. We wish you success in your new venture.
When a Business License is required
A business license is a tax for doing business within the city limits of Banning.
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:
https://www.sbc.senate.gov/public/_cache/files/9/7/97ac840c-28b7-4e49-b872-d30a995d8dae/F2CF1DD78E6D6C8C8C3BF58C6D1DDB2B.small-business-owner-s-guide-to-the-cares-act-final-.pdf
Covid-19 Resources:
https://www.californiasbdc.org/covid19
Inland Empire Small Business Development Center:
https://inlandempiresbdc.org/resource/covid-19/