The City of West Covina continues to monitor the public health situation associated with COVID-19 and is taking necessary precautions due to the heighten concerns over the spread of COVID-19.  

As the health and safety of our residents is of paramount importance, the City of West Covina has closed City Hall to the public and suspended all City-sponsored events until further notice.  In addition, several City facilities have been temporary closed.  Please note the City Hall has been reopened to the public.  For more information please visit the City’s webpage: Coronavirus (COVID-19)


West Covina COVID-19 Small Business Loan Program

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The City of West Covina is offering financial assistance to small businesses impacted by the COVID-19 pandemic with the West Covina (COVID-19) Small Business Loan Program. The loan program offers a one-time $10,000 interest-free loan to eligible West Covina small businesses to help them retain one (1) full time equivalent job and is forgiven after a one (1) year term of compliance. 

Loan funds may be used for overhead expenses, rent, utilities, business services such as web site development to increase capacity, and necessary equipment to continue business operations, among others. Provided that a business meets all of the conditions of the Program, the loan may be forgiven by the City at the end of the loan period. 

The program is funded through a loan from the U.S. Department of Housing and Urban Development as eligible under Sections 105(a)17 of the Housing and Community Development Act of 1974.  The City of West Covina COVID-19 Small Business Loan Fund meets the following national objectives, depending on the business’ eligibility: 

  • Benefiting persons of low to moderate income; AND
  • Job retention

Application is available starting June 16, 2020. Businesses will be awarded on a first-come-first basis. To ensure your application is fully processed, please make sure you provide ALL the necessary information listed in the application. 

For more information about the program, please read the information below:


 *Documents, program, and etc. are subject to change.  

Program Documents

Program Guidelines

The West Covina COVID-19 Small Business Loan Program provides West Covina small business owners a loan $10,000. The positions retained must to be low-and-moderate income individuals.

Basic Requirements

  • Use of funds towards eligible activities (see Eligible Use of Funds)
  • Must retain one (1) full-time-equivalent (FTE) employee
    • Employee must be of low-to-moderate income
    • Part-time jobs must be converted to full-time equivalents
  • Demonstrate financial need due to COVID-19 pandemic
  • Must be a small business (employs up to 500 employees)

Loan Application Process

For a copy of the application, please see Program Documents

Applicants may also call the City of West Covina Economic Development Division during regular business hours to request an application by mail or to pick up an application. The City will receive applications beginning June 16, 2020. If funds are exhausted, the remaining applicants will be placed on a wait list until additional funding becomes available.


  1. Submit all required documents and forms (refer to Required Documents)
  2. Complete and submit the Application Checklist (Exhibit B of Application)
  3. Submit the application and copy of all required supporting documentation
  4. Application Screening for Eligibility
  5. Loan Approval
  6. Completion of required forms and agreement(s)
  7. Disbursement of Funds


  • Application available on June 16, 2020
  • Eligibility Processing: 14 business days (City Hall is closed on Fridays)

 Program Criteria

Scoring of the applications will be based on the following criteria:

 Business Type  15
 Business Timelines  15
 Financial Need   25
 Financial Soundness  20
 Documentation of Financial Need  10
 Use of Funds  15

 *Refer to program guidelines for details


For a copy of the application, please click here.

Application will need to be submitted to:

City of West Covina
Attn: Community and Economic Development Division
1444 W. Garvey Avenue, South - Room 205
West Covina, CA 91790

Reporting Requirements

Applicants who receive a program loan will be required to provide a quarterly report to the City which monitors the number of jobs created for the program and the qualifying employees. The quarterly report to the City will be recorded each quarter for the 1-year loan term. 

Income Guidelines

 2  $72,100
 3  $81,100
 4  $90,100
 5  $97,350
 6  $104,550
 7  $111,750



(Based on current effective median income of Los Angeles County. Revised annually as set forth in 25 Cal. Code Regs. Section 6932) As of April 1, 2020.

Definition of FTE

Full Time Equivalent (FTE) Employee- For the purposes of this program, Full-Time Equivalent (FTE) is defined as forty (40) hours of paid full-time work in a seven-day period.

In the medical and dental fields, the industry practice defines full-time positions as 32 to 36 hours of work in a seven-day period. Therefore, the only exception to the forty-hour definition of FTE position requirement will be for positions created in the medical and dental fields, when the written personnel policy of the participating business states clearly the number of hours that constitutes full-time positions as 32 hours or more.

Source of Funds

The City of West Covina COVID-19 Small Business Loan Program is funded by the United States Department of Housing and Urban Development (HUD), by authorization of the Housing and Community Development Act of 1974, Title I, as amended, Public Law 93-383. The objective of the act is to develop viable urban communities, by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for person of low and moderate income.

As such, federal funds cannot go towards businesses that are not federally compliant (for example, a medical marijuana dispensary).

For more information about the CDBG Economic Development Guidelines, please visit the HUD Exchange website.


If you have any questions, please feel free to contact Karen Ko, Economic Development Specialist, at (626) 939-8417 or email her at