San Francisco is launching a new loan program that will provide 0% interest loans of up to $100,000 for new and existing small businesses. The city is said to have up to $12 million as part of its relief program.
Mayor London Breed said in a press release,
The COVID-19 pandemic decimated many of our small businesses and forced them to change their business models to meet public health and safety demands. Small businesses have kept this city alive throughout the pandemic and will play a critical role in our economic recovery. It’s more important than ever that we provide necessary funding and pass legislation that will help small businesses successfully operate in San Francisco for years to come.
You can apply online today at CALoanFund.org