These waivers will help those that have not been in a position to operate or are working at decreased capability through the pandemic. This funding additionally includes $12.5 million allotted, in partnership with the Legislature, in late 2020 to fully capitalize the California Rebuilding Fund to support $one hundred twenty five million low-curiosity loans to underserved businesses. To put money into the palms of essentially the most impacted small companies as rapidly as possible, the Governor has proposed quick legislative action on $575 million in additional grants.

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