ELIGIBILITY

Business must be located in EDA target areas:

  • City of Commerce, Bell, Carson, Compton, Culver City, Diamond Bar, El Monte, Gardena, Hawthorne, Huntington Park, Inglewood, Lawndale, Long, Beach, Lynwood, Maywood, Pomona, San Dimas, Southgate, East Los Angeles, Montebello, and Monterey Park

LOAN AMOUNT

$20,000 to $50,000

INTEREST RATE

4%

TERM

2 years; 6-12 months grace period (interest accrued)

All Rights Reserved