BAKERSFIELD, Calif. — Three weeks after its launch, the Kern County Small Business Relief Program said it has granted $4.38 million out of its $25 million budget to assist local businesses.
The program, also called the Kern Recovers Program, was created by the county to offer relief to local small business owners impacted by COVID-19. Those in need can apply for a loan on the county's Kern Recovers website.
As of Tuesday, Kern Recovers reported 183 businesses have received loans, the average loan being around $22.3K.
Loans have been distributed to a total of 95 different industries in Kern County. Out of those industries, the majority have gone to full-service restaurants, with a total of $663K in loans.
$261K in loans have gone to support dental offices and $203K have gone to nail salons.
According to an interactive map on the Kern Recovers website, a majority of those businesses that have received loans fall within the Bakersfield area.
For more details about the Kern Recovers program, click here.