California Infrastructure Economic Development Bank (IBank)

The SBFC helps businesses create and retain jobs, and encourages investment in low- to moderate-income

The SBFC helps businesses create and retain jobs, and encourages investment in low- to moderate-income communities. The SBFC has several programs to support small business, including a Disaster Relief Loan Guarantee, a Jump Start Loan Program and more.

California Disaster Relief Loan Guarantee Program — COVID-19

The Small Business Finance Center (SBFC) partners with Financial Development Corporations to provide loan guarantees and direct loans for small businesses that experience capital access barriers.

Who Can Apply

Eligible Applicants

  • Small Businesses located in California with 1-750 employees that have been negatively impacted or experienced disruption by COVID-19
  • Eligible Nonprofits

Guarantee Terms:

  • Guaranteed up to 7 years
  • Guarantees up to 95% of loan
  • Loan interest rates negotiated between lender and borrower
  • Qualifications based on lender criteria

 Loan proceeds to be used for continuance of business including, but not limited to:

  • The funds are meant to help small businesses through this challenging time. Loan proceeds can be used for business continuance or to cure “economic injury” as a result of the COVID-19 pandemic.

How to Apply

Qualifying small business owners may apply directly with a participating lender:

FDC/Lender Use Only

Small Business Resources:

Business Portal (GO-Biz)

Other Small Business Resources

For more information contact:

Emily BEmily Burgos

Small Business Finance Center Manager

California Infrastructure and Economic Development Bank (IBank)

Office Address: 1325 J Street, Suite 1300, Sacramento, CA 95814
Mailing Address: P.O. Box 2830, Sacramento, CA 95812-2830
E-mail: COVID19loan@ibank.ca.gov


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