California is providing $50 million in economic aid–specifically for businesses owned by illegal immigrants.
“[W]e always consider those that are documented, those that are undocumented, those that are living in mixed-status families,” said California Gov. Gavin Newsom (D), on Friday.
“Just yesterday, I announced the work we are doing to help support small businesses. I very specifically mentioned in my remarks yesterday that there are many businesses, tens of thousands of businesses that do not and cannot get the support of the [Small Business Administration],” he added.
“Those individual businesses, we are making available these emergency grants through our IBank to do these micro-loans to provide access,” Newsom continued.
In March, President Trump signed a $2.2 trillion relief bill for Americans who have seen their businesses and jobs gutted by the Coronavirus pandemic.
Included in that is $350 billion in forgivable loans, exclusively for small businesses. By receiving a loan, businesses agree to certain stipulations: like maintaining their entire staff and spending the money within a short period of time.
But the federal law also specifies that business owners must be properly documented… shutting out illegal immigrants.
Newsom plans to channel $50 million specific towards businesses “ineligible” for federal relief. Businesses that qualify for federal aid–the vast majority–will not be eligible for these loans.
“That’s an example of what we’re doing to provide support for people across the panoply, including those without documentation in the state of California,” Newsom said.
“More will be done and more needs to be done.”