Local Small Business Loan and Grant Programs

In addition to federal and state programs, many local governments are developing local grant and loan programs to support small businesses in thier community.

  • El Centro Micro Loans:  The City of El Centro is providing low-interest loans up to $10,000 through a new Coronavirus Microenterprise Loan Program, which utilizes Community Development Block Grant funds. 

  • Elk Grove and Rancho Cordova Program:  The Cities of Elk Grove and Rancho Cordova are participating in the Lift Investing Emergency Investment and Relief Program, which provides low-interest loans to local businesses adversely affected by COVID-19.  The program is capatalized with $2.5 million.

  • Fresno Save Our Small Businesses Grants: Now Round 2 of the Save Our Small Businesses program will provide an additional $2 million in emergency relief funds to small businesses operating in the City of Fresno that has been negatively impacted by the COVID-19 public health emergency.

  • Kern Recovers: The Kern Recovers Program, a forgiveable loan program, provides $25 million in forgivable loans of up to $75,000 each to local small businesses like restaurants, gyms, and salons to directly mitigate the economic impacts of COVID-19.

  • Riverside County Grants:  The Riverside County COVID-19 Business Assistance Grant Program is accepting applications through June 19, 2020, at 6:00 pm (PST).  This is the application period for for-profit businesses.  The eligibility period for grant funding for non-profits will open July 1st. View eligibility and details here: English | Spanish

  • Sacramento Forgiveable Loan Program:  The City of Sacramento is sponsoring the Small Business Recovery Program, which will provide up to $25,000 in forgivable loans and technical assistance to businesses and non-profits located in the city boundaries.  Applications are being accepted June 29 through July 13, 2020.

In addition, the Califoria State Treasurer is maintaining a list of financial and technical assistance resources for small businesses through a GoogleDoc.  As of June 4, 2020, there were 64 local programs listed.

The JEDE Committee is interested in highlighting other local financial porgrams for small businesses.  Please send recommendations for this webpage to ajed@asm.ca.gov.


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