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THIS GRANT’S FOCUS: COVID-19, Small Business Support, Organizational Support, Minority-Owned Businesses
Deadline: Ongoing
“The California Rebuilding Fund is a loan program to support California’s small businesses—especially those located in economically disadvantaged and historically under-banked areas of the state. Businesses 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. The loans are flexible, transparent and are designed to help businesses access the capital and advisory services they need to get through these challenging economic times. The loans will need to be paid back over a 3- or 5-year term with a fixed annual interest rate that is currently 4.25%.”
Funder: The California Rebuilding Fund
Eligibility: “Businesses 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.”
Amount: Unspecified
Contact: Link.
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