Using $10 million in federal Covid-19 relief funding, the City of Sacramento is offering financial help to small businesses adversely affected by pandemic restrictions.
In a tweet Monday from Mayor Pro Tem Angelique Ashby, the Small Business Recovery Program “will provide up to $25,000 in forgivable loans and technical assistance to businesses and nonprofits located in the City of Sacramento to provide economic support in connection with the COVID-19 public health emergency.”
Share broadly @TheCityofSac this is important for our business community. @Metro_Chamber @NatomasChamber @EastSacChamber @Sacbiz @TonyBizjak @regionbiz @SacHispanicCC @SacBlackChamber @SACCTEAM @womensmarch @SacWomenChamber @SacObserver @DowntownSac @ExploreMidtown @StocktonBlvd https://t.co/H0ryywITEj
— Angelique Ashby (@AngeliqueAshby) June 29, 2020
(twitter embed with permission from Angelique Ashby)
If this sounds familiar, it should. Ashby says “This is our second round. In the first round we had overwhelming need….we really want to give small businesses some help.”
Like pretty much every city and town in America, Sacramento’s small business owners have been hit hard by Covid restrictions, with several places just recently going out of business altogether.
The loans, which do have eligibility requirements, are available now through July 13th, 5pm. To find out more, just click here