Pleasanton Launches Small Business Support Fund: Coronavirus

PLEASANTON, CA — The City of Pleasanton is offering no-interest, unsecured, short-term loans up to $2,500 to small businesses struggling amid the new coronavirus pandemic.

According to the city, business may be eligible for a loan through Pleasanton's $3 million Business Support Fund if they meet the following criteria:

• Are either a micro-business with 2 to 10 or employees or a restaurant/retailer with 20 or fewer employees;
• Paid a City of Pleasanton 2020 business license tax by March 1;
• Can prove they lost revenue/income greater than 25 percent due to the pandemic; and
• Can prove that they tried to secure federal/state resources/assistance.

Repayment of the loan will begin on the first day of the month after the local coronavirus emergency declaration is lifted, the city said.

Get more information about the program here. Apply here.