small business loans

WELLS FARGO COMMITS TO LEND $55 BILLION TO WOMEN-OWNED BUSINESSES BY 2020

 

Angels of Hope, serving Chaldean and Arabic communities in El Cajon, is among recent loan recipients fulfilling a dream

April 8, 2013 (El Cajon)—An El Cajon woman’s goal of providing trauma counseling to refugees in East County has been fulfilled, thanks to Wells Fargo & Company. Wells Fargo, a leading lender to women- and diverse-owned businesses, recently announced a commitment to lend $55 billion to woman-owned businesses in the U.S. by 2020.

As part of that commitment, the company has provided a commercial real estate loan for licensed clinical social worker Bernadette Talia to purchase office space in El Cajon to house her new Angels of Hope Counseling practice. 

Talia, who is trilingual and specializes in trauma counseling, is fulfilling a vast need in the East County community, as  many residents are refugees from the Middle East and have suffered traumatic life experiences. Now she will be able to provide affordable counseling and services to individuals and families. Talia’s goal isn’t to just reach the approximate 30,000 Chaldean’s living in El Cajon, but to the whole Arabic speaking community, treating their specific mental health needs.

LOCAL SMALL BUSINESSES BENEFIT FROM NEW SMALL BUSINESS JOBS

 

East County News Service

 

October 9, 2010 (Washington, DC)  – Just over a week after the President signed the Small Business Jobs and Credit Act,  HR 5297, close to 2,000 small businesses have been approved for SBA-backed loans.  Nearly $1 billion total will soon go to these small businesses. Locally, at least three business owners have already been approved since the new law went into effect.

CONGRESSMAN FILNER ANNOUNCES NEW SMALL BUSINESSES LENDING PROGRAM

June 15, 2009 (Washington D.C.) – Many local small businesses will soon be eligible for interest-free loans under a new program created by the American Recovery and Reinvestment Act (ARRA), Congressman Bob Filner (D-San Diego) announced today.