The Los Angeles County Development Authority has announced that the Small Business Stabilization Loan Program will accept applications through April 16 or until it hits $20 million in funding requests, whichever occurs first.
Launched on January 28, 2021, the Small Business Stabilization Loan Program provides eligible businesses with a competitive interest rate for loans ranging from $50,000 to $3 million.
Businesses interested in applying for the Program must have been in operation for at least two years and seeking working capital, equipment purchases, real estate acquisition, or refinancing of existing loans at higher interest rates. As of March, the LACDA has received over $14 million in funding requests.
LA To Hit Red Tier; Indoor Dining, Increased Vaccines Coming - Los Angeles, CA - In a huge step forward, Los Angeles announced it will reach red tier Sunday and open up more vaccine appointments in the next week.
More than 55,000 Californians have died of COVID-19 in the last year. Their families have struggled to memorialize them as funerals and other gatherings were restricted. The sheer weight of so many lives lost moved Los Angeles County Public Health Director Barbara Ferrer to tears multiple times during news briefings.
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Even those of us lucky enough to keep our jobs and our health have paid a price. We saved lives by complying with California’s strict stay-at-home orders and mask mandates. But we lost a sense of community and felt isolated and alone.
The trade-off almost became too much for Leslie Grossman, 49, an actress and third-generation Angeleno.
Twenty-five students and two employees tested positive for the coronavirus from Feb 28 to March 6, including four confirmed cases of the coronavirus variant first detected in New York. (Daily Trojan file photo.)
USC Student Health’s investigations revealed the coronavirus variant first detected in New York present in the USC community in addition to the four cases of the variant first detected in the United Kingdom, Chief Health Officer Dr. Sarah Van Orman said in a student media briefing Thursday. Eight individuals have tested positive for the variant detected in New York, marking the first time USC has seen the New York variant.