East Los Angeles County City to Deliver Up to 55 $ 10,000 Loans to Small Business Owners Starting Today

Starting today, they make loans to small businesses in El Monte, California.

The city of El Monte will offer loans based on the order of arrival of applications until resources are exhausted.

Photo:
EPA / CJ GUNTHER / EFE

Sunday night the city authorities El Monte, California few miles east of The Angels announced that they would give loans of $ 10,000 to small businesses affected by COVID-19.

Small entrepreneurs can apply online for financial aid starting at 9:00 am. this Monday, April 27. The city mayor's office will deliver up to 55 of these loanss under a system of order of arrival and until exhausting the resources.

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Applicants must be businesses that are located within the city limits of El Monte, have fewer than 20 employees (including the owner), have been operating the business for at least one year, and lastly must have or register a DUNS number.

Those interested should complete the application here.

The city of The mountain has reported 120 cases of coronavirus since the outbreak of the disease in the region.

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