* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.
          READY? YOU READY? 
          [00:00:01]
OKAY. 
          ALL RIGHT, LADIES. 
          YOU GUYS READY? YES'. 
          ALL RIGHT. 
          OKAY. 
          [CALL TO ORDER]
I WOULD LIKE TO CALL THE ECONOMIC DEVELOPMENT COMMISSION REVOLVING LOAN SUBSEQUENTLY MEETING TO ORDER FOR NOVEMBER 5TH, 2025. 
          MADAM CLERK, PLEASE 
          [ROLL CALL]
CALL ROME. 
          COMMISSIONER MATOYER. 
          COMMISSIONER SANDOVAL HERE. 
          COMMISSIONER LUNCH HERE WE HAVE CORUM. 
          AND FOR THE RECORD, COMMISSIONER VITO IS EXCUSED FROM THIS MEETING. 
          ARE THERE ANY OBJECTIONS? NO. 
          CONTINUE WITH THE REGULAR AGENDA. 
          THE FIRST 
          [1. 
	
		
			25-56883
			Recommendation to approve the minutes for the Economic Development Commission Revolving Loan Subcommittee meeting of Wednesday, September 3, 2025.
		
		
			 
			 
		
		
			 
			Suggested Action: 
			Approve recommendation.
		
	]
ITEM, RECOMMENDATION TO APPROVE THE MINUTES FOR THE ECONOMIC DEVELOPMENT COMMISSION INVOLVING LAW SUBCOMMITTEE MEETING OF WEDNESDAY, SEPTEMBER 3RD, 2025. 
          MAY I HAVE A MOTION TO HEAR THIS ITEM? IT WAS MOVED BY COMMISSIONER, BUT, AND, AND COMMISSIONER . 
          ARE THERE ANY QUESTIONS ABOUT FOUR CORRECTIONS TO THE MINUTES? PUBLIC COMMENT. 
          SO, MAD CLERK, PLEASE CALL THE VOTE. 
          CALL FOR THE VOTE. 
          COMMISSIONER SECOND. 
          COMMISSIONER SANDOVAL? YES. 
          COMMISSIONER LUNCH? YES. 
          MOTION IS CARRIED. 
          THANK YOU. 
          SO PLEASE READ THE NEXT ITEM SHOULD GO AHEAD AND JUST READ IT. 
          OKAY. 
          RECOMMENDATION 
          [2. 
	
		
			25-56884
			Recommendation to approve the revolving loan application in the amount of $20,000 for Phenomenal Beauty 4 All LLC located at 1813 Termino Avenue, Apt. No. 8302, Long Beach, CA 90815.
		
		
			 
			 
		
		
			 
			Suggested Action: 
			Approve recommendation.
		
	]
TO APPROVE THE REVOLVING LOAN APPLICATION IN THE AMOUNT OF $20,000 FOR PHENOMENAL BEAUTY FOR ALL LLC LOCATED AT 1813 TERMINAL AVENUE, APARTMENT NUMBER 83 0 2, LONG BEACH, CALIFORNIA, 9 0 8 1 5. 
          MAY I HAVE A MOTION TO HEAR THIS ITEM MOVE. 
          SECOND. 
          WE'LL BE MOVED BY COMMISSIONER SANDOVAL AND SECONDED BY COMMISSIONER BO. 
          I'D LIKE TO NOW INTRODUCE OUR PRESENTER AND THAT WILL BE ANDREA MARTINEZ FROM GIRL. 
          [00:24:13]
I'M 
          [00:24:13]
SORRY, 
          [00:24:13]
JUST 
          [00:24:13]
FOR THE RECORD. 
          THERE'S NO COMMENT. 
          I'M SORRY. 
          YES. 
          JUST FOR THE RECORD HERE. 
          NO PUBLIC COMMENT. 
          NO PUBLIC . 
          OKAY. 
          UH, COMMISSIONER SANDOVAL? YES. 
          COMMISSIONER LUNCH? YEAH. 
          MOTION IS CARRIED. 
          THANK YOU. 
          THANK YOU. 
          SO ITEM NUMBER THREE, 
          [3. 
	
		
			25-56885
			Recommendation to approve the revolving loan application in the amount of $50,000 for Spic & Span Services LLC DBA Tape Up’s Barber & Beauty Shop located at 717 Pine Avenue Unit 2, Long Beach, CA 90813.
		
		
			 
			 
		
		
			 
			Suggested Action: 
			Approve recommendation.
 
		
	]
RECOMMENDATION TO APPROVE THE REVOLVING LOAN APPLICATION IN THE AMOUNT OF 50,000 FOR S**C AND SPAN SERVICES. 
          LLC, DOING BUSINESS AS TAPES UP. 
          BARBARA AND BEAUTY SHOP LOCATED AT 7 1 7 PINE AVENUE, UNIT TWO, LONG BEACH, CALIFORNIA 9 0 8 1 3. 
          WE HAVE A MOTION TO VIEW THIS ITEM. 
          MOVE MOVED BY COMMISSIONER SANDOVAL. 
          SECONDED BY COMMISSIONER HU. 
          AND I'D LIKE TO NOW INTRODUCE AN 
          [00:25:01]
MARTINEZ TO PRESENT THIS. 
          [00:46:52]
NO 
          [00:46:52]
PUBLIC 
          [00:46:53]
COMMENT. 
          [00:46:53]
NO PUBLIC IS HERE WITH THAT, SO ANY ADDITIONAL DISCUSSION? OKAY. 
          SO MADAM CLERK, PLEASE CALL FOR THE VOTE. 
          UH, COMMISSIONER SANDAL? YES. 
          AND COMMISSIONER ONE? YES. 
          MOTION IS CARRIED. 
          THANK YOU. 
          AT THIS 
          [PUBLIC COMMENT
Opportunity to address the Economic Development Commission Revolving Loan Subcommittee on non-agenda items. Each speaker is limited to three minutes to make their comments unless extended by the Chair.]
TIME WE WILL TAKE NON AGENDA ITEMS, . 
          AND 
          [ANNOUNCEMENTS]
DO WE HAVE ANY ANNOUNCEMENTS FROM THE COMMISSIONERS? BRENDA'S DOING AN EVENT TOMORROW. 
          OH, DOING AN EVENT TOMORROW? YEAH, WE'RE DOING AN EVENT. 
          STUDIO 11. 
          WE GOT A HUNDRED, I THINK LIKE EIGHT PEOPLE COMMITTED, WHICH IS GREAT. 
          LIKE WE WERE TALKING ABOUT, HOPEFULLY THE ONLY 80 WILL SHOW UP BECAUSE I DON'T THINK WE HAVE CAPACITY FOR ABOUT A HUNDRED , BUT WE'RE EXCITED ABOUT HEALTHCARE AND AI AND WE HAVE CFOS AND CEOS ON THE PANEL. 
          WE HAVE THE LUNCH ACCELERATOR. 
          YEAH. 
          YEAH. 
          I DON'T THINK I HAVE ANY ANNOUNCEMENTS AT THE MOMENT. 
          OKAY. 
          MM-HMM . 
          I'M HEARING NO ADDITIONAL ANNOUNCEMENTS 
          [ADJOURNMENT]
IF THERE'S NO OBJECTION, I DECLARE THE MEETING FOR JIM. 
          FANTASTIC. 
          THANK YOU. 
          THANK YOU. 
          YES. 
          THANK WE GO. 
          YEAH, NO. 
          UM, CARLA, I ACTUALLY.
* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.