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Senate Fails To Pass $48 Billion Aid Package For Small Businesses

A massive aid package that would replenished a fund for small businesses impacted by the Covid-19 pandemic failed to advance in the Senate.

SF s African American Small Business Revolving Loan Fund Expands By $2 5MIL

By Josie Untalan Feb 23, 2021 With the additional $2.5 Million in funding, the African American Small Business Revolving Loan Fund has now reportedly reached a total of $6.3 Million in funding, according to San Francisco Mayor, London Breed. The [African American Small Business Revolving Loan Fund], created in June 2020 by Breed and the San Francisco African American Chamber of Commerce, aims to help Black-owned and Black-serving businesses that have been disproportionately affected by the COVID-19 pandemic, offering zero-interest loans of up to $50,000 for eligible businesses. Get more info below!

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