GILROY DISPATCH: County plans small business loan program

The Santa Clara County Board of Supervisors voted unanimously Dec. 8 to partner with the state’s “California Rebuilding Fund,” hoping to provide as much as $100 million in loans for county small businesses, and to provide an immediate $6 million for low-interest loans for businesses as a first step in a phased approach to a larger loan program.

The board is expected to vote on a contract for the program in January.