SURGE Newsletter

COVID-19 Recovery Loan Program

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TMC COMMUNITY CAPITAL 

 

COVID-19 RECOVERY LOAN PROGRAM

This program supports sCalifornia’s small businesses—especially those located in economically disadvantaged and historically under-banked areas of the state.

The loans are flexible, transparent and are designed to help businesses access the capital and advisory services they need to get through these challenging economic times.

Please note, this program is not associated with the federal Paycheck Protection Program (PPP) or any other SBA program. The loans are not forgivable in part or whole. The loans will need to be paid back over a 2- to 5-year term with a fixed annual interest rate. 

Learn More HERE