Friday, October 08, 2010

State to Receive over $168 million For Small Business Loans

Yesterday I learned that the state will be receiving over $168 million from the Federal government for small business loans.

This is as a result of the passage of the Small Business Jobs Bill that Small Business California and the National Small Business Association fought so hard for.

It is estimated that this will leverage $1.7 billion for loans to California small businesses.

This along with the money in the California budget[ assuming it gets passed] will mean almost $2 billion will be available to California small businesses.

I hope you find the information provided in these emails helpful. If you haven’t already joined Small Business California I hope you will consider doing so.

Small Business California is making a difference in Sacramento and Washington. We also have a lobbyist in Sacramento to represent your interest.

The cost is $150 for businesses with revenues under $1 million and $300 with revenues over $1 million.

You can join online by going to

Scott Hauge
Small Business California
2311 Taraval Street
San Francisco, CA 94116

1 comment:

Kevin Beamer said...

Oh. So there was a fund that supported small businesses in California. These loans will definitely help small businesses to have easier access to an inquiry for an emergency budget. Businesses today have been thinking of ways to make their businesses pick up. One of the methods would be promoting their products and services through a website that has been built along with a good contractor marketing strategy. If the government would fund seminars about these, then the businesses could learn new strategies on making their businesses top notch.