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April 21st, 2021

Office Address : 531 W. Main Street. Suite B, Merced, CA 95340

Mailing Address: PO BOX 2246, Merced, CA 95344

Office: (209) 384-9537 / Fax: (209) 384-0934 / Email: info@mercedhcc.com

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Upcoming Events

Ribbon Cuttings

 

New Members

 

Restaurant Revitalization Grants


The restaurant industry has been hit especially hard during the COVID-19 pandemic. In efforts to provide some relief to the industry, the American Rescue Plan Act of 2021 (ARPA) signed into law on March 11, 2021 includes $28.6 billion for a Restaurant Revitalization Fund. The money will be available until expended, and the U.S. Small Business Administration (SBA) will administer the Fund.

Eligible restaurants, food trucks, caterers, and similar businesses will be able to apply for a restaurant revitalization grant equal to an entity’s “pandemic-related revenue loss” with a maximum grant size of $10 million per eligible entity and limited to $5 million per physical location of the entity. For federal income tax purposes, any grants received by an eligible entity are not taxable, and deductions are allowed for otherwise deductible costs paid with the grant funds. The funds can be used to cover allowable costs for the period from February 15, 2020 through December 31, 2021. Allowable costs include payroll costs, mortgage payments (no prepayments), rent (no prepayments), utilities, maintenance expenses, supplies, food and beverage expenses, covered supplier costs, operational expenses, paid sick leave, and any other expense determined by the SBA to be essential to maintaining the business.

The SBA is expected to put forth additional guidance including an application and approval process. While we wait for further developments, we encourage potentially eligible entities to review information from the Independent Restaurant Coalition which explains what businesses can do now to prepare for the application. To receive a grant, entities will need a Data Universal Numbering System (DUNS) number and to be registered with the System for Award Management (SAM). For additional assistance or to discuss your eligibility and further details including required certifications, interaction with the Payroll Protection Program and other programs, and provisions for return of funds, please reach out to your Kemper tax professional.

Please contact Merced County Hispanic Chamber of Commerce if you have questions or need additional information.


 



MCHCC Ambassador / Undergrad Experience: Magali Torres Cervantes


Name: Magali Torres Cervantes

Year: Third year

Major: Management and Business Economics

Hometown: Merced

 

What is a memorable project that you worked on during your time at UC Merced?

A memorable project I worked on during my time at UC Merced is being part of the 2020 Creating a Path to Success (CAPS) cohort with the California Hispanic Chamber of Commerce (CHCC). I learned about the opportunity through our Center for Career and Professional Advancement and decided to apply. About five months after I had submitted my application, I was offered the opportunity to join the program. CAPS is a program in which you get to develop yourself as a professional, network with a lot of amazing and talented individuals — not only within your fields of interest but also within your cohort — and work collectively on a research project that you present at the annual CHCC Convention. Now, as a CAPS alumna, I accepted the opportunity to intern with the CHCC for the Spring 2021 semester to give back to the program that began my career.

What did you learn personally and academically by participating in this?

Coming into the program as a first-generation student, one thing that was always emphasized to us by our mentors was that we are deserving of the professional spaces we occupy and that it’s important to voice our opinions! Personally, I learned that it’s also very important to build meaningful relationships with everyone you meet. I’ve become best friends with members of my cohort who are also like-minded goal-oriented individuals, and who because of COVID-19 I have yet to meet in-person, but still fully support me as a person and a professional.

UC Merced has a lot of opportunities for experiential learning. What would you say to a future student who wants to be involved?

I’d say that it’s important to immerse yourself in all the opportunities you take on, be passionate about all you do and always make sure to put your best foot forward. You always get out what you put in, and the more involved you are the more memorable your experiences will be!

 


**********Attention all Merced County restaurants**********

**********Atención a todos los restaurantes del condado de Merced**********

In partnership with the Merced County Hispanic Chamber of Commerce, Merced County and its six cities will be promoting local restaurants through a #TakeoutTuesday and #WeDeliverWednesday campaign! If you would like for your restaurant to be spotlighted on social media, please email info@mercedhcc.com with your restaurant name, phone number for takeout or delivery, and a link to your online menu and/or website.

En asociación con la Cámara de Comercio Hispana del Condado de Merced, el Condado de Merced y sus seis ciudades promoverán restaurantes locales a través de las campañas #TakeoutTuesday y #WeDeliverWednesday. Si desea que su restaurante sea destacado en las redes sociales, envíe un correo electrónico a info@mercedhcc.com con el nombre de su restaurante, el número de teléfono para llevar o entrega a domicilio, y un enlace a su menú en línea y / o sitio web.

We’re all in this together! #SupportMercedCountyRestaurants


In the following link you can find the information of the registered restaurants:

¡Estamos todos juntos en esto! #SupportMercedCountyRestaurants


En el siguiente enlace puede encontrar la información de los restaurantes registrados:

 

MESSAGE FROM OUR MEMBERS

 

Make The Most of the Employee Retention Credit

The Employee Retention Credit (ERC), which was created to encourage employers to keep their workforces intact during the COVID-19 pandemic, has been with us for a year. But questions about it remain for many employers. With the new American Rescue Plan Act (ARPA) extending the credit and expanding eligibility — and the credit worth as much as $28,000 per employee for 2021 — employers should brush up on the details.

Credit History

The CARES Act, which was enacted in March of 2020, generally made the ERC available to employers whose:

  • Operations were fully or partially suspended due to a COVID-19-related government shutdown order, or
  • Gross receipts dropped more than 50% compared to the same quarter in the previous year (until gross receipts exceed 80% of gross receipts in the earlier quarter).

The credit originally equaled 50% of “qualified wages” — including health care benefits — up to $10,000 per eligible employee from March 13, 2020, through December 31, 2020. As a result, the maximum benefit for 2020 is $5,000 per employee.

The Consolidated Appropriations Act (CAA), which was enacted in December of 2020, extended the credit for eligible employers that continue to pay wages during COVID-19 closures or recorded reduced revenue through June 30, 2021. That wasn’t the only change the law made to the ERC, though.

The CAA increased the amount of the credit to 70% of qualified wages, beginning January 1, 2021, and raised the limit on per-employee qualified wages from $10,000 per year to $10,000 per quarter . In other words, you can obtain a credit as high as $7,000 per quarter per employee.

The CAA also expanded eligibility by reducing the requisite year-over-year gross receipt reduction from 50% to only 20%. And it raised the threshold for determining whether a business is a “large employer” — and therefore subject to a stricter standard when computing the qualified wage base — from 100 to 500 employees.

Under the CARES Act, Paycheck Protection Program (PPP) loan borrowers weren’t allowed to claim ERCs. The CAA also provided that employers that receive PPP loans still qualify for the ERC for qualified wages not paid with forgiven PPP funds. (This provides an incentive for PPP borrowers to maximize the nonpayroll costs for which they claim loan forgiveness.)



Venta de Primavera

Spring Sale

 


MCHCC member survey

MCHCC Encuesta para nuestros miembros

Hello everyone, this survey is to gather information on how our chamber can better assist our members. We ask that you take five minutes to complete it, we appreciate your feedback.


Hola a todos, esta encuesta es para recopilar información sobre cómo nuestra cámara puede ayudar a mejorar el servicio que brindamos a nuestros miembros. Le pedimos que tome cinco minutos para completarla, agradecemos sus comentarios.


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