Press Release

SACRAMENTO – State Treasurer Fiona Ma today announced that the initial three loans to California small businesses have been offered by California lenders under the $1.181 billion State Small Business Credit Initiative 2.0 (SSBCI 2.0). The California Pollution Control Financing Authority (CPCFA), chaired by Treasurer Ma, is implementing the SSBCI 2.0 program in partnership with the state’s Infrastructure and Economic Development Bank (IBank).

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