CDBG-CV Coronavirus Microenterprise Loan Program
The City of El Centro has established a CDBG-CV Coronavirus Microenterprise Loan Program (MLP) to help businesses impacted by COVID-19 retain employees and sustain continuity of operations. Financial assistance up $10,000 in low-interest or forgivable loans will be allocated to eligible small businesses on a first-come, first-served basis. Funds awarded will be based on availability, program guidelines, and the submission of all required information and supporting documentation proving financial hardship related to COVID-19. Approximately $200,000 is available in the MLP, which is being administered by the City of El Centro’s Economic Development Division.