MOUNTAIN VIEW VOICE: Santa Clara County throws lifeline to small businesses through new loan program

Santa Clara County small businesses have a new lifeline to ring in 2021 — a low-interest loan program of up to $100,000 now available for qualifying establishments.

The loan program, proposed by county Supervisors Joe Simitian and Susan Ellenberg, provides three- or five-year term options with 4.25% interest rates for small businesses with 50 or fewer full-time employees.