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Quick Resources & News
- IBank: Small Business Disaster Relief Loans are available through California Infrastructure and Economic Development Bank or IBank. These loans are only available to those that did not receive a PPP or EIDL loan from the SBA. This disaster program provides guarantees for loans of up to $50,000 for small business borrowers and nonprofits, with low interest rates and 7-year terms. Apply directly with local lenders including California Capital Financial Development Corporation
- SBA Emergency Loans: Economic Injury Disaster Loan (EIDL), guidance for businesses and employers, government contracting, and local assistance information is available from the US Small Business Administration.
- Payment Protection Program: SBA is currently offering PPP loans until March 31, 2021.
- Paycheck Protection Program
- The PPP ending on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness.
- SBA Loans
- SBDC COVID-19 Toolkit
Guides to loan form applications, SBDC/SBA resources, FAQ.
- U.S. Department of Education and Federal Student Aid
FAQ on student loan debt relief
- SBA Restaurant Revitalization Fund
- SBA Shuttered Venues Operators Grant
State of California Assistance
- California COVID-19 Tenant Relief Act
The Act extends eviction protections to COVID-19 impacted tenants and establishes the state’s Emergency Rental Assistance Program.
- California Rebuilding Fund
The California Rebuilding Fund is a loan program to support California’s small businesses. Those who employed 50 or less full-time equivalent employees (FTEs) and had gross revenues of less than $2.5 million or below in 2019 are eligible to apply.
- California Disaster Relief Guarantee Program
$50 million in state funding, providing potential capital for individuals who do not qualify for federal funds, via iBank. Qualifying small business may directly apply with lenders. español aquí
- California Relief Grant Program
Funding Round 6 will open from April 28 through May 4, 2021. Eligible applicants include current waitlisted small businesses and/or nonprofits not selected in Rounds 1-5, as well as new applicants that meet eligibility criteria. Applicants not selected to receive a grant in Rounds 1, 2, 3 & 5 do not need to re-apply and will be automatically moved into Round 6. New applicants will need to apply on this website.
Other Publicly Funded Financial Resources
Public, private, labor and nonprofit leaders throughout the Sacramento region have joined forces to raise both awareness of what we as a community are confronting and resources that will be dedicated to help vulnerable populations and small businesses.
- City of Elk Grove | Small Business Permit Assistance Program
The Small Business Permit Assistance Program was established to assist small businesses with the costs of obtaining City planning and/or building permits and approvals required to construct or retrofit commercial space. The program will provide financial assistance in the form of grants up to $10,000 for small businesses with less than 20 employees and revenues under $3 million dollars.
The program is being finalized and applications will be accepted soon. Follow www.investelkgrove.org for more information as it becomes available. Contact or (916) 627-3338 for assistance with your business startup or expansion project.