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Simplifying the Small Business Emergency Microloan Process

STRONGER SUPPORT FOR THE BACKBONE OF OUR ECONOMY
Mayor Garcetti relaxed eligibility requirements for the Small Business Emergency Microloan on May 21, 2020, opening the door for previously denied loans in order expedite relief for small businesses. He highlighted Caveman Vintage Music in Lincoln Heights, whose owner Eric Stollsteimer received a $20,000 loan in order to sustain his business
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