- July 9, 2021
- Posted by: Stratford Team
- Category: Business
SAN FRANCISCO (CBS SF) — San Francisco is setting up a $12 million-fund to provide loans to small businesses in the city hurt by the COVID-19 pandemic.
San Francisco Mayor London Breed announced the creation of the an Francisco Small Business Recovery Fund in a press release Thursday. Businesses in need could start applying for zero percent loans up to $100,000 that same day.
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“The COVID-19 pandemic decimated many of our small businesses and forced them to change their business models to meet public health and safety demands,” said Breed. “Small businesses have kept this city alive throughout the pandemic and will play a critical role in our economic recovery. It’s more important than ever that we provide necessary funding and pass legislation that will help small businesses successfully operate in San Francisco for years to come.”
While…
