SAN ANTONIO — LiftFund, a leading nonprofit small business lender, Sept. 24 announced a commitment from Bank of America to support small businesses recovering from recent devastating floods in Texas’s Hill Country.
The bank’s contribution of $1 million in lending capital and an additional $100,000 for LiftFund disaster relief operations brings the total funding raised for LiftFund’s relief efforts to more than $5 million.
This critical investment comes as the deadline for federal assistance from FEMA and Disaster Unemployment Assistance closed earlier this month and now continues to provide access to capital for small businesses as they navigate the long-term recovery process. LiftFund’s 0% interest rate loans remain open and available to those affected by the disaster.
