Date: April 6th, 2021

California Plans to Fully Reopen on June 15
News

California Plans to Fully Reopen on June 15

As California COVID-19 metrics improve — the state now has the lowest positivity rate in the country — Governor Gavin Newsom on Monday announced plans to reopen the economy on June 15 if there is sufficient vaccine supply for residents 16 years and older and if hospitalization rates are stable and low. The date is…

Small Business Loan Program Reaches Application Limit
Business

Small Business Loan Program Reaches Application Limit

The Los Angeles County Development Authority’s (LACDA) Small Business Stabilization Loan Program has reached its application limit as loan funding requests have exceeded $30 million. Launched on Jan. 28, 2021, the loan program provided eligible businesses with a competitive interest rate for loans ranging from $50,000 to $3 million. Businesses that applied must have been…

L.A. County Updates Travel Advisory as it Enters Orange Tier
News

L.A. County Updates Travel Advisory as it Enters Orange Tier

Los Angeles County updated its travel advisory Monday to align with guidance issued late last week by the Centers for Disease Control and Prevention (C.D.C.) for travelers who have been fully vaccinated. Residents are urged to avoid non-essential travel but people who are fully vaccinated — having waited two weeks after receiving the second dose…

Eligible Personal Care & Retail Small Businesses in L.A. County Can Apply for $10K Grant
News

Eligible Personal Care & Retail Small Businesses in L.A. County Can Apply for $10K Grant

Top financial institutions have concluded that while most businesses were negatively impacted by the COVID-19 pandemic, businesses within the personal care and retail sectors will have a longer path to recovery than most, having seen a 45% decrease in revenue in 2020. Following the success of the LA Regional COVID-19 Recovery Fund, which dispersed nearly $100 million in…

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