San Diego Foundation Sends First $1.5 Million To Nonprofits Hit By COVID-19 [KPBS]
The first $1.5 million in loans from The San Diego Foundation’s small business and nonprofit program have gone out to eight local organizations, the foundation announced Tuesday, part of a $5 million fund for organizations impacted by COVID-19.
First $1.5M deployed to San Diego County nonprofits hit by COVID-19
San Diego-based impact investment fund manager Mission Driven Finance has deployed $1.5M in loans to San Diego County nonprofits that have been impacted by COVID-19, thanks to $5M in seed funding from The San Diego Foundation as part of the San Diego County COVID-19 Small Business & Nonprofit Loan Program.
San Diego County expands small business loan program to include businesses in cities [The San Diego Union-Tribune]
“San Diego County supervisors unanimously agreed Tuesday to expand the county’s $5 million small business loan COVID relief program regionwide to small businesses operating in cities,” The San Diego Union-Tribune reports.