OAKLAND (CBS SF) – Wells Fargo will be giving a $2 million grant to Oakland-based small business lender on Monday morning, according to bank officials.
The donation to Main Street Launch, described as a Community Development Financial Institution – will be announced at a 9 a.m. news conference at a small business in Oakland – McMullen Boutique – at 2257 Broadway in Oakland.READ MORE: Motorcyclist Killed After Being Rear-Ended Along Highway 1 in Santa Cruz County
Sherri McMullen, the boutique owner, will speak about the importance of small business loans, and her experience as a Main Street Launch Client.READ MORE: COVID Relief: Applications for San Francisco Music and Entertainment Venues Grants Set to Open
“An investment in a small business, like McMullen, is an investment in someone’s dream and in the growth of the local economy,” she said in a statement.MORE NEWS: San Jose May Raise Illegal Dumping Fines To $10,000 Per Offense - 'A No Nonsense Approach'
© Copyright 2019 CBS Broadcasting Inc. and Bay City News Service. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.