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<br />SOCIAL JUSTICE IMPACT: The following Orange County Social Justice Goal is applicable to <br />this item: <br />• GOAL: ENSURE ECONOMIC SELF-SUFFICIENCY <br />The creation and preservation of infrastructure, policies, programs and funding necessary <br />for residents to provide shelter, food, clothing and medical care for themselves and their <br />dependents. <br /> <br />ENVIRONMENTAL IMPACT: There is no Orange County Environmental Responsibility Goal <br />impact associated with this item. <br /> <br />RECOMMENDATION(S): The Manager recommends that the Board: <br />1) Establish the Small Business Fund on the County’s Books and Chart of Accounts; <br />2) Approve the transfer of the remaining balance of $510,000 from the Small Business bank <br />account to the County’s bank account, of which $410,000 is to be used for Emergency <br />grants to small businesses and the remaining $100,000 and any residual balances to be <br />deposited in the County’s bank account; <br />3) Approve the Staff and Small Business Loan Board recommendation for the eventual <br />dissolution of the nonprofit entity named the Orange County Small Business Loan <br />Company Program; and <br />4) Approve the Staff and Small Business Loan Board recommendation to make all 11 <br />existing loans with an outstanding balance of $286,508.17 as zero interest and <br />subsequent Small Business Loans as zero interest. <br /> <br /> <br />3