Small Business Loans & Assistance for California | Keap
Chapter 01: California Small Business Help
California help for small businesses and private enterprise owners may be found in the form of loans provided by the government at the state and federal levels below:
The Small Business Administration (SBA) is offering the following resources:
The disaster customer service center is available to small businesses at 800-659-2955, or email [email protected]. For deaf and hearing impaired, call 800-877-8339.
Disaster assistance is now available to all California small businesses by clicking here.
Small businesses in San Francisco and Los Angeles, respectively, can find assistance with the following:
The California Capital Access Program CalCAP can provide up to 100% coverage on losses as a result of certain loan defaults with a loan loss reserve program. Individual borrowers are limited to a maximum of $2.5 million enrolled over a three-year period. To enroll, contact a Participating Lender here.
The CA Infrastructure and Economic Development Bank (IBank) Finance Programs are setting up a Disaster Relief Loan Guarantee Program that is providing loan guarantees of up to $1 million for small business borrowers in declared disaster areas, as well as a Jump Start Loan Program offering loans from $500 to $10,000 to low-wealth entrepreneurs in declared disaster and emergency areas. For more information, contact IBank at [email protected] or call 916-341-6600.
Other forms of small business help California is offering during the coronavirus pandemic includes:
Facebook’s $100 million grant program to help small businesses in the form of cash grants or ad credits. Apply here.
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