West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) was awarded $20,000 for RCAC’s Re-emerging Loan Fund (RELieF) to assist existing Loan Fund borrowers to restart or enhance continued viability of their business or organization.
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Based on “Press Release”.
Paycheck Protection Program deadline is extended
The Paycheck Protection Program (PPP) deadline has been extended to August 8. Since March, RCAC’s staff has worked hard to process more than 85 PPP loans for small businesses that have been impacted by COVID-19, and with this extension, we have the opportunity to do more.
RCAC CEO Suzanne Anarde appointed to COIN Advisory Board
West Sacramento, Calif. — California Insurance Commissioner Ricardo Lara appointed Rural Community Assistance Corporation (RCAC) Chief Executive Officer Suzanne Anarde to the California Organized Investment Network (COIN) Advisory Board this week.
Morgan Stanley grants $100,000 to Rural Community Assistance Corporation
West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) was awarded a $100,000 Morgan Stanley grant to support RCAC’s programs, specifically its new Re-Emerging Loan Fund (RELieF) to help small business borrowers recover from the COVID-19 crisis.
Union Bank approves $25,000 grant to support RCAC’s work with rural communities
West Sacramento, Calif. — MUFG Union Bank Foundation awarded Rural Community Assistance Corporation (RCAC) a $25,000 grant, which will be used to support RCAC’s ongoing work with rural communities during the COVID-19 crisis.