Revolving loan fund expansion and $750,000 grant award
Long Beach
Summary
The city won a $750,000 grant it applied for in 2023, expanding the revolving loan fund that helps small businesses borrow. Commissioners also want a full review of the fund's lending history, including defaults, by industry and district.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Apr 1, 2026.
Impact analysis
A $750,000 grant boosts the pool of money available for small business loans.
Long Beach small businesses seeking startup or expansion capital.
Mentions & discussions (2)
Economic Development Commission Revolving Loan Subcommittee - Apr 1, 2026
The city won a $750,000 grant it applied for in 2023, expanding the revolving loan fund that helps small businesses borrow. Commissioners also want a full review of the fund's lending history, including defaults, by industry and district.
Economic Development Commission - Apr 1, 2026
The city is close to accepting a federal EDA grant — two and a half years in the making — to support its revolving loan fund for small businesses and entrepreneurs.
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Long Beach
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.