CARES ACT FUNDING NOW AVAILABLE FOR LOCAL BUSINESSES
BUSINESS RESOURCES PAGE AVAILABLE ON CITY WEBSITE
April 3, 2020 – As small businesses across the country are grappling with the current and potential impacts associated with COVID-19, the City is continuing to track the latest developments from local, state, and federal agencies. Of critical importance, the CARES Act, which contains $376 billion in relief for American workers and small businesses, is now accepting funding requests from small businesses impacted by the COVID-19 outbreak. In addition to traditional SBA funding programs, the CARES Act establishes several new programs that provide small businesses with forgivable short-term loans, tax and debt relief, and other funding sources to help businesses stay solvent and keep workers employed. Importantly, funding for many of these programs is first-come, first-serve and all Arcadia businesses impacted by COVID-19 are encouraged to review and apply for this funding. Please visit the City’s business resources page at www.ArcadiaCA.gov/LocalBusiness for more information and links to these important programs.
This page is updated frequently as new information and resources become available. If you have questions, please call us at (626) 574-5415 and we will connect you with the best available resources for your specific needs.
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About Arcadia
Nestled along the rolling foothills of the San Gabriel Mountains and Angeles National Forest, Arcadia is a charming, family-oriented community with a population of just over 57,000. Located only 13 miles east from downtown Los Angeles, regional transportation networks like the Metro Gold Line connect Arcadia as a premier residential, shopping, and entertainment destination in the San Gabriel Valley. Arcadia is known for its top-rated schools, iconic landmarks, and serene neighborhoods. Arcadia is an award-winning community having been twice named as the Best City in California in which to Raise Kids and the 2017 Most Business Friendly City in Los Angeles County. With the conveniences and amenities of a full-service, mid-size city, Arcadia’s “Community of Homes” provides a quality of life that will go Above & Beyond your expectations.
For more information, please visit ArcadiaCA.gov or follow us on Twitter by texting DISCOVER to 33222:
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