Westminster Small Business COVID Recovery Loan
In light of the deep and dramatic impact the COVID-19 pandemic is having on our small business community, the City of Westminster has created the Small Business Recovery Loan Program, which will provide funding to small businesses needing financial assistance in overcoming the temporary loss of revenue due to the COVID-19 pandemic. The goal of the Program is to help bridge the revenue gap created by the pandemic, to stabilize businesses and employment rates. The program is based on the availability of funds, program guidelines and submission of all required information and supporting documentation. Up to $20,000 may be awarded per business, until funds are exhausted. A total of $1 million has been dedicated to this program.
The application period for this program is now closed. However, a grant program through the County's First District (Supervisor Do) is accepting applications through July 31st. Please visit https://district1grantprogram.com/ for more information.
The Small Business Development Center, the City's administrative partner in the loan program, remains a free resource for all businesses to work through this period of unknowns. For questions and assistance, contact Mike Daniel at the SBDC at (657) 278-1803 or firstname.lastname@example.org, or visit their website at https://ociesmallbusiness.org/