Padilla Announces California to Receive up to $1.1 Billion in Federal Funding to Promote Small Business Growth and Entrepreneurship Through the American Rescue Plan
WASHINGTON, D.C. — U.S. Senator Alex Padilla (D-Calif.) announced that the U.S. Department of the Treasury approved California’s application for funding under the State Small Business Credit Initiative (SSBCI) for up to $1.1 billion, the largest funding amount that has been approved in the SSBCI program. The American Rescue Plan Act reauthorized and expanded SSBCI,…
