City of LA Micro-loan Program

A new micro-loan program for small businesses in City of Los Angeles is planned to being operation, with loan amounts from $5,000 to $20,000.

The newly established Small Business Emergency Microloan Program now provides financing needed to strengthen small business enterprises in this time of acute need that have been affected by the COVID-19 outbreak.’

In addition, the Economic Workforce Development Department in City of LA offers a variety of resources, and will help businesses apply for these loans, via telephone or email, as part of their Business Source Centers which are working virtually at this time. Take a look at this great link:

Businesses that meet the criteria below may apply online for a City of LA Small Business Emergency Microloan. Please read through the information below prior to application. To apply, please register through our secure log-in system.