TMC Financing and TMC Community Capital, its sister organization, a nonprofit fintech, teamed up with San Joaquin County to administer a grant program through the CARES Act. Over $6 million was provided to 644 small businesses and non-profits within county limits. Businesses and non-profits impacted by the pandemic were awarded grants of up to $100,000 by San Joaquin County’s Small Business Assistance Grant to support unfunded payroll, rent and lease, and personal protective equipment expenses.
The local Country Kids Child Development Center was among more than 600 businesses in San Joaquin County to receive some funds through the CARES Act. It was one of seven Escalon businesses or non-profits to receive a grant, with the funding distributed for a variety of needs. Country Kids is on Miller Avenue in Escalon. With the grants, they feel confident they will soon be marking that silver anniversary and will continue to adhere to all guidelines and keep student and staff health and safety uppermost in mind as the coronavirus pandemic continues.