For many of Oakland's smallest business owners, the Paycheck Protection Program, EIDL and other SBA loan programs were inaccessible or insufficient to save their business. Today, many business owners are cash-strapped and cannot afford standard loans offered by lenders.
Please join the California Oakland African American Chamber of Commerce and Small Business Majority to learn about the new California Rebuilding Fund, created through a new public-private partnership. The Fund is designed to help CA micro-business owners who need a simple, low-cost loan to adapt to the impacts of COVID-19. Loans will be facilitated through community lenders throughout the state.
Topics of discussion:
- Overview of the California Rebuilding Fund
- How to get loan ready and how to apply
- Finding a Community Development Financial Institution (CDFI) in Oakland
- Additional grants and resources in your Oakland
A brief question and answer section will follow