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Loans for Businesses

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses and nonprofits keep workers employed amid the pandemic and economic downturn.

U.S. Small Business Administration loans and other relief:

  • Paycheck Protection Plan An SBA loan that helps businesses keep their workforce employed during the  COVID-19 crisis.
  • Economic Injury Disaster Loan Program This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties.
  • SBA Bridge loans Enables small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly.
  • SBA debt relief SBA will automatically pay the principal, interest, and fees for certain types of existing loans

Federal Reserve loan programs

CDC Small Business Finance emergency loan program 

Help with the process

Small Business Paycheck Protection Plan on-demand webinar  

Small Business Economic Injury Disaster Loan on-demand webinar

Federal programs
Your federal and state representatives are available to help you navigate the process and access resources.

US Congressman Mike Levin 
District Office: 760-599-5000; Washington D.C office: 202-225-3906 

US Senator Kamala Harris 
San Diego Office: 619-239–3884; Washington D.C. office: 202-224-3553 

US Senator Dianne Feinstein 
San Diego Office: 619-231-9712; Washington D.C. Office: 202-224-3841

State programs

State Assemblymember Tasha Boerner Horvath 
District Office: 760-434-7605; Capitol Office: 916-319-2076 

State Senator Patricia Bates 
District Office: 760-642-0809; Capitol Office: 916-651-4036

 

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