The Los Angeles County Development Authority, with funding from LA Metro, has a program to provide emergency relief to help small businesses during this unprecedented time.
Loans will be made on a first-come, first-served basis. Check here for location eligibility.
June 4, 2020, 12 p.m. - June 11, 2020, 5 p.m.
The Small Business Angel Fund is a unique, interest-free loan program for small essential businesses located in Council District 12.
To be eligible, businesses must be located in the Twelfth District, submit proof of 12 months of timely paid rent through March 2020, and have submitted an Economic Injury Disaster Loan Application to the U.S. Small Business Administration. The application for the Small Business Angel Fund can be found here.
Still not reopened for new applications, except for new loans for Agriculture businesses.
In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan which includes an advance of up to $10,000.
This loan advance will not have to be repaid. The advance is $1,000 per employee.
The newly established Small Business Emergency Microloan Program now provides financing needed to strengthen small business enterprises in this time of acute need that have been affected by the COVID-19 outbreak.
The Los Angeles County Development Authority is here to help the County’s small businesses during this unprecedented time.
The loan can help you with:
- Employee payroll
- Payroll for employee sick time
- Working capital to continue operations
- Payment of outstanding business expenses
- Adaptive business practices needed to remain open
The SBFC helps businesses create and retain jobs, and encourages investment in low- to moderate-income communities.
Designed to encourage banks and other financial institutions to make loans to small businesses that have difficulty obtaining financing.
Offering two emergency relief small biz loans:
$3,000 Emergency Loans Available
Crowd-Funding is a non-traditional way to raise debt-free funding for your business without having to give up equity. There are many options to do this, but below is a place to start.
SBDC - Small Business Development Center. Find your closest office and make an appointment and have someone guide you through your
LA County Business and Worker Disaster Help Center - Created to help businesses & employees get the information they need. Includes a business concierge service.
Business Source Center - The Los Angeles BusinessSource Centers provide startup ventures and current small business owners various cost effective tools to make their business a success. Through these tools, small businesses can grow and remain competitive within the City of Los Angeles. Most services are provided at NO COST to LA business owners and resident entrepreneurs.
San Fernando Valley Business Resource Guide
Greater San Fernando Valley Chamber of Commerce 7120 Hayvenhurst Avenue, Ste. 114 Van Nuys, CA 91406 US
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