Small Business Assistance Program (City of Stanton)

Small Business Assistance Program (City of Stanton) is sponsored by City of Stanton. Provides grants for the payment of commercial rent and/or commercial utilities to qualified Stanton small businesses experiencing financial hardship as a direct result of COVID-19.

Business Recovery Resources: Mobile Pop-Ups July 1 & 2 Business Recovery Resources: Mobile Pop-Ups July 1 & 2 SBA staff will be in Stanton to answer questions , review eligibility, and help businesses with the Economic Injury Disaster Loan application process.

Time: 9am–12pm and 1pm-4pm 12885 Beach Boulevard, Stanton, CA 90680 Time: 9am–12pm and 1pm-4pm Location: Stanton Central Park 10660 Western Avenue, Stanton, CA 90680 No appointment is needed. Please stop by during the hours above. SBA is offering low-interest Economic Injury Disaster Loans to eligible small businesses and private nonprofit organizations.

This is a loan program, not a grant or reimbursement. SBA will determine eligibility, loan amount, terms, and required documentation. Businesses and organizations can apply online through the SBA Disaster Loan Portal.

For additional assistance, applicants may contact the SBA Disaster Assistance Customer Service Center at (800) 659-2955 or disastercustomerservice@sba. gov Alternatively, the Orange County Inland Empire Small Business Development Center is available for assistance and can be reached at https://ociesmallbusiness. org/ Loan amounts of up to $2 million may be available for eligible businesses and nonprofits Interest rates are currently 4.

0% for small businesses and 3.

625% for private nonprofits Repayment terms may extend up to 30 years, depending on SBA's determination No payments are due during the first 12 months following the initial loan disbursement What Businesses Should Do Now Visit the SBA mobile pop-up or Business Recovery Center for assistance Apply directly through SBA if you are ready Bring any documents that help show how the evacuation affected your business.

SBA staff can explain what is needed Applying does not guarantee approval Helpful documents may include: Rent or lease information Invoices or accounts payable Tax records or bank statements Records showing closure dates or reduced operations What the Loan May Help With The SBA Economic Injury Disaster Loan program may help eligible businesses and nonprofits pay ordinary business expenses affected by the incident, such as: Other normal business expenses A Business Recovery Center is open to provide in-person assistance: Garden Grove Business Recovery Center 12966 Euclid Street, Suite 130 Hours: Monday–Friday, 8am-7pm Walk-ins are welcome.

Appointments may also be scheduled at appointment. sba. gov. Apply online: sba.

gov/disaster