Microloans for Small Businesses as COVID-19 Cases Continue to Rise

Additional cases confirmed on Westside

By Sam Catanzaro

As the number of confirmed COVID-19 cases continues to grow, including additional Westside cases, local officials have put forward measures to support small businesses impacted by the outbreak.

On Wednesday, March 18 the Los Angeles County Department of Public Health (Public Health) confirmed 46 new cases of the novel coronavirus (COVID-19). This brings the total number of confirmed cases in the county to 190.

Public Health has confirmed four cases in Beverly Hills, four in Venice, three in Santa Monica, two in Culver City, two in Brentwood, one in Mar Vista and one in West Los Angeles.

“We will see an increase in positive cases today, tomorrow and for the coming weeks, but that doesn’t mean our actions to slow the spread of the virus are not working. The measures we are taking in LA County will help flatten the curve,” said Public Health Director Barbara Ferrer.

In light of the sweeping impact the COVID-19 pandemic is having on the small business community, the City of Los Angeles has responded by establishing a Small Business Emergency Microloan Program. Businesses that meet the criteria can apply for loans between $5,000 and $20,000.

According to the City, these loans are for microenterprises in the City of LA that are low-income or will retain low-income jobs and small businesses in the City of LA that will retain low-income jobs. Businesses must show that historical profits were sufficient to service the requested debt and have been impacted by the COVID-19 outbreak.

To learn more, visit ewddlacity.com/index.php/microloan-program

in News
Related Posts

Fantastic Fireworks Celebrations in Los Angeles for July 4th

June 24, 2024

June 24, 2024

Find the Best 4th of July Displays and Parades on This List Culver City Fireworks Show: The Exchange Club of...

Santa Monica CEO Convicted in Landmark Insider Trading Case

June 23, 2024

June 23, 2024

The Case Is Part of a Data-Driven Initiative by the Criminal Division’s Fraud Section A federal jury in Los Angeles...

Suspicious Fire Behind Venice AT&T Building Investigated by Authorities

June 23, 2024

June 23, 2024

Witnesses reported seeing a person start the fire, prompting an active investigation Authorities are investigating a fire in Venice that...

American Legion Post 283 Launches Initiative During July 4th Celebrations

June 23, 2024

June 23, 2024

It Seeks to Foster Camaraderie Between the Public and Military Members Through Events Highlighting Medal Recipients, U.S. Service Academies, and...

Sci Fi Museum’s Lease Gets Terminated at Former Sears Building

June 21, 2024

June 21, 2024

The News Comes as a Slew of Controversies Surround the Museum and Its Founder By Zach Armstrong Amid tumultuous setbacks and...

(Video) Sport Fishing and Whale Watching on the Pacific Offered by MDR Sportfishing

June 20, 2024

June 20, 2024

Located Out of Marina del Rey, More Information Can Be Found at mdrsf.com @palisadesnews Operating out of Marina del Rey,...

This Palisadian Will Be the Youngest Ever U.S. Olympian in Beach Volleyball

June 20, 2024

June 20, 2024

Miles Partain, 22, Is One of Several Olympians That Came Out of Pali High By Zach Armstrong Palisadian talent will...

Pride-Colored Towers Vandalized During Pride Month for Two Straight Years in Palisades

June 20, 2024

June 20, 2024

L.A. County Supervisor Lindsey Horvath Stated That the Graffiti Will Be Removed By Zach Armstrong For two consecutive years, pride-colored...

Woman Assaulted with Skateboard on Venice Boardwalk

June 20, 2024

June 20, 2024

The Victim Was Identified as a 40-Year-Old-Female By Zach Armstrong LAPD arrested a man who assaulted a woman with a skateboard...

Judge Blocks Barrington Plaza Evictions, Citing Legal Violations

June 20, 2024

June 20, 2024

Owner Douglas Emmett Inc. Sought to Evict Nearly 600 Tenants Last Year, Citing Safety Upgrades The eviction of hundreds of...

Brentwood, Palisades, West LA Libraries Closures for Juneteenth

June 18, 2024

June 18, 2024

Upcoming Program and Event Schedules for The Week  Brentwood Library Schedule: We are celebrating Juneteenth this Wednesday, June 19! The...

Yoga Gurus Sentenced for Defrauding Malibu Doctor

June 18, 2024

June 18, 2024

Dr. Sawusch Had a Successful Medical Practice in Pacific Palisades and Amassed Significant Wealth Through Investments A federal judge sentenced...

Texas Man Sentenced to 33 Months for Threatening U.S. Rep. Maxine Waters

June 18, 2024

June 18, 2024

Gaherty Targeted the Congresswoman With Racist and Violent Threats  A Texas man was sentenced to 33 months in federal prison...

Tech Entrepreneur and Developer Company Buy Promenade Shops for $103M: Report

June 18, 2024

June 18, 2024

Acquisitions Include 1202, 1222, 1225, 1232, 1339, and 1344 Third Street Promenade Federal Realty Investment Trust has sold eight parcels...

ATAM to Host Content Creation Camp for Kids

June 17, 2024

June 17, 2024

All Ages Welcome, Popular Among Ages 7-12, With Offerings for Ages 4.5 ATAM is hosting a Content Creation and Editing...