{"id":14848,"date":"2020-12-02T10:57:58","date_gmt":"2020-12-02T18:57:58","guid":{"rendered":"https:\/\/www.tmcfinancing.com\/?p=14848"},"modified":"2021-05-10T20:31:01","modified_gmt":"2021-05-11T03:31:01","slug":"san-joaquin-county-grant-program-6-million","status":"publish","type":"post","link":"https:\/\/www.tmcfinancing.com\/es\/san-joaquin-county-grant-program-6-million\/","title":{"rendered":"TMC Financing apoya al condado de San Joaquin en su programa para proporcionar $6 millones en alivio econ\u00f3mico para empresas necesitadas"},"content":{"rendered":"

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TMC Financing<\/em><\/a>, an SBA 504 commercial real estate lender, and <\/em>TMC Community Capital<\/em><\/a>,<\/em> its sister organization, a nonprofit fintech, teamed up with the county of San Joaquin to administer their CARES Act-funded small business assistance grant program, supporting community cornerstones on their path toward economic recovery.<\/em><\/p>\n

December 1st, 2020, Stockton, Calif. \u2013 <\/strong>The County of San Joaquin\u2019s Small Business Assistance Grant Program, in partnership with small business lenders TMC Financing and TMC Community Capital, has awarded over $6.7 million* to over 700 small businesses and non-profits within county limits.<\/p>\n

Funded by the federal government\u2019s economic relief package, the Coronavirus Aid, Relief, and Economic Securities Act (CARES ACT), the grant program provided immediate financial assistance to establishments in San Joaquin County. <\/strong>Businesses and non-profits impacted by the pandemic were awarded grants of up to $100,000 by San Joaquin County\u2019s Small Business Assistance Grant to support unfunded payroll, rent and lease, and personal protective equipment expenses.<\/p>\n

Contracted by the county to manage and process applications, TMC staff independently evaluated and processed all grant materials, verifying them for completeness and ensuring compliance with all county terms and conditions. Based on TMC\u2019s recommendations, San Joaquin County made the final eligibility determination and issued funds to successful grant applicants.*<\/p>\n

Restaurants and other food service establishments were the greatest recipients of the grant program, receiving a combined total of $857,368.99, followed by medical offices, and personal care services. Closely following, hotels and motels, childcare facilities, and retail sectors were greatly assisted by the grant program as well.<\/p>\n

\u201cI felt the pain of the small business owners impacted by the pandemic \u2013 it was heartbreaking. One minute, entrepreneurs were fine, the next minute their business were closed, no revenue coming in. We knew that this grant partnership could really help those businesses struggling to recover,\u201d said Barbara Morrison, President of TMC Financing.<\/p>\n

READ FULL PRESS RELEASE.<\/a><\/p>\n

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TMC Financing y TMC Community Capital se asociaron con el condado de San Joaqu\u00edn para administrar su programa de subvenciones de asistencia para peque\u00f1as empresas financiado por la Ley CARES, apoyando los pilares de la comunidad en su camino hacia la recuperaci\u00f3n econ\u00f3mica.<\/p>","protected":false},"author":29,"featured_media":14549,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[141,25,8253],"tags":[402,8254,8256,8255,369,335],"class_list":["post-14848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","category-news-updates","category-san-joaquin","tag-financing","tag-grant","tag-grant-program","tag-san-joaquin","tag-small-business","tag-tmc-financing"],"acf":{"hide_blog_sidebar":true},"yoast_head":"\nTMC Financing Supports San Joaquin County in their 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