The LAEDC Business Assistance and Development Team

• Carrie Rogers, Senior VP, Business Assistance and Development/ carrie.rogers@laedc.org
• **Barbara Levine, Senior District Manager/ barbara.levine@laedc.org
• Bob Machuca, Senior District Manager/ bob.machuca@laedc.org
• Joseph Torres, Senior District Manager/ joseph.torres@laedc.org
• Leonard Barrales, District Manager/ leonard.barrales@laedc.org
• Linden Johnson, Regional Manager/ linden.johnson@laedc.org

**Dedicated LAEDC Business Assistance & Development Team representative for the City of Compton

The County of Los Angeles in partnership with Goldman Sachs 10,000 Small Businesses initiative and Community Reinvestment Fund, USA (CRF) has created a new application portal for small businesses seeking to apply for the federal Paycheck Protection Program (PPP), a forgivable loan product created by the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act.

The online portal will open today, April 15th at 1pm and can be accessed here.

Business owners who access the application portal will initially submit an inquiry with CRF. Business owners should be prepared to provide information on their business. After successfully submitting an inquiry, loan processors at CRF will follow up directly with business owners to obtain necessary documents and information to process the loan request. All eligible business owners who have been unable to apply for a PPP loan through a bank or other financial institutions are encouraged to submit an inquiry. We urge you to apply at your earliest opportunity. If you have any questions, please contact the Los Angeles County Disaster Help Center at 833-238-4450.

Resources

• City Pride Magazine (Featured Compton Business and Community Stories)
• 10 Steps to Starting a Business by the SBA
• Credit Rebuilding Assistance
• Buying or Selling A Car After a Disaster
• Disaster Recovery: Getting the Most from Your Homeowner's Insurance
• California Business Assistance Portal

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