City of Bakersfield ReSTART Loan to Grant Program
Publish Date : Mar 18th 2021 06:33 PM
The city of Bakersfield unveiled a new, $1.9 million program Friday designed to help local small businesses hurt by the COVID-19 pandemic by offering forgivable loans of up to $50,000 based on the size of their payroll.
Required to verify business owner has not filed for bankruptcy in the last 3 years or has outstanding tax liens.
Working Capital (Payroll costs, including costs for employee vacation, parental, family, medical, and sick leave, employee-related insurance, rent, inventory, supplies/materials, utilities, professional services, and more)
City of Bakersfield
The deadline to apply is November 30, 2021, 11:59 PM: or until funds are fully disbursed.