Second round of funding applications opens Monday with extended deadline
Sole proprietors and others are now eligible for the second round of funding provided to small businesses that have been especially hit hard during the coronavirus pandemic. The expanded eligibility includes sole proprietors, which are those businesses that do not have employees, as well as businesses that have received an SBA Economic Injury Disaster Loan or advance.
Businesses may apply for the second round of funding starting Monday (June 29) for up to $10,000 in direct support. Applications will be accepted on a first-come, first-serve basis until Aug. 31.
The first round of funding for the small business program resulted in $7.3 million that will be distributed to 738 small businesses in Riverside County.