06.22.2020

June 24 WEBINAR: Small Business Recovery Loan Program

June 24 WEBINAR: Small Business Recovery Loan Program

SMALL BUSINESS RECOVERY PROGRAM

The Small Business Recovery Program will provide up to $25,000 in forgivable loans and technical assistance to businesses located in the City of Sacramento to financially assist local businesses and non-profits that have been impacted by the COVID-19 pandemic.

The forgivable loan program aims to ensure an equitable distribution throughout the City of Sacramento to assist local businesses and non-profits that have been affected by the COVID-19 pandemic. To ensure this happens, the City has set a goal to have at least:

  • 75% of funds go to economically disadvantaged communities
  • 25% of the funds go to micro-enterprises, defined as those with fewer than five employees

The application period will be from Monday, June 29 through Monday, July 13. Once the application window closes, applications will be screened using specific criteria followed by a lottery/random draw.

LEARN MORE  www.cityofsacramento.org/bizloans

WEBINAR: Small Business Recovery Loan Program

  • At this webinar you will learn about the:
  • Loan program
  • Eligibility and criteria for being chosen
  • Application process

Wednesday, June 24 at 2pm

Register Here

THE HUB's Exclusive e-blast ad dated June 22, 2020