With the additional $2.5 Million in funding, the African American Small Business Revolving Loan Fund has now reportedly reached a total of $6.3 Million in funding, according to San Francisco Mayor, London Breed.
According to NBC Bay Area:
The [African American Small Business Revolving Loan Fund], created in June 2020 by Breed and the San Francisco African American Chamber of Commerce, aims to help Black-owned and Black-serving businesses that have been disproportionately affected by the COVID-19 pandemic, offering zero-interest loans of up to $50,000 for eligible businesses.
Get more info below!
Photo Source: Getty Images