In partnership with The San Diego Foundation, the city of San Diego’s Small Business and Nonprofit Relief Fund program has doled out $11.2 million in grants.
Since launching last year in the midst of the COVID-19 pandemic the city of San Diego’s nonprofit and small business relief fund has distributed $12 million.
Almost 350,000 loans made to small businesses in 2020 during the COVID-19 pandemic haven’t been forgiven, according to a Bloomberg News analysis of Paycheck Protection Program data, and most of them are for less than $25,000.