Tag: loans

Loan Program for Los Angeles County Businesses Now Available
Business

Loan Program for Los Angeles County Businesses Now Available

The Los Angeles County Development Authority (LACDA) has launched the Small Business Stabilization Loan Program to provide eligible businesses with loans ranging from $50,000 to $3 million at a fixed Wall Street Journal prime rate, currently at 3.25%. Businesses interested in applying for the program must have been in operation for at least two years…

SBA and Treasury Announce PPP Reopening, New Guidance Issued
Business

SBA and Treasury Announce PPP Reopening, New Guidance Issued

Originally posted Jan. 8 at 8:15 a.m. / Updated Jan. 8 at 9:20 a.m. The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of Jan. 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only…

L.A. County Residents and Business Owners Affected by Bobcat and Lake Wildfires Have Until Tuesday to Apply for Disaster Loans
Business

L.A. County Residents and Business Owners Affected by Bobcat and Lake Wildfires Have Until Tuesday to Apply for Disaster Loans

Disaster recovery loans from the U.S. Small Business Administration (S.B.A.) are still available to Los Angeles County residents and businesses who suffered damage as a result of the Lake Fire and Bobcat Fire. The deadline to apply for disaster recovery loans from the S.B.A. is Dec. 15.  Businesses of all sizes and private nonprofit organizations may…

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