Round 2 of the Small Business COVID-19 Relief Grant Program opens

As you know, Round 1 of the California Small Business COVID-19 Relief Grant Program closed on Jan. 13. More than 340,000 applications were received and reviewed by Lendistry.

All applicants should have been notified by this week that they were either: Selected for Round 1 and asked to enter bank account information; Waitlisted for Round 1 and automatically entered into Round 2 (and do not have to re-apply); Deemed ineligible for the program (i.e. if gross income was more than $2.5 million in 2019).

If an applicant has not received any notification of their status, there is a possibility that there were duplicate applications and they are being reviewed. In this case, notification will be sent as soon as the duplicate applications are deleted by Lendistry.

A total of $237 million will be disbursed to those selected in Round 1 over the next few weeks. Lendistry asks that applicants remain patient as those awards are electronically deposited into their accounts.

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