Not sure which one of these loan or grant programs is for you? Consider reaching out to East Bay SCORE or Alameda County SBDC for free business counseling, including assistance in applying for various state and federal funding programs.
California Small Business COVID-19 Relief Grant Program
The California Small Business COVID-19 Relief Grant Program provides grants up to $25,000 for small businesses impacted by the pandemic. The Program, which has already issued $2.5 billion in grants to California businesses, has announced three additional rounds of funding:
- Round 7: Waitlisted applicants from certain previous rounds
- Selection Window: Tuesday, August 3 through Thursday, September 16
- Eligible applicants: This is a closed round and only available to eligible applicants who were waitlisted in certain previous rounds. If you were waitlisted, you do not need to reapply. New applications will not be accepted in this round.
- Round 8: Nonprofit cultural institutions only
- Application window: Friday, August 27 through Wednesday, September 8
- Eligible applicants: Only nonprofit cultural institutions of any revenue size that meet eligibility criteria found at CAReliefGrant.com
- Round 9: New Applicants and Waitlisted applicants from certain previous rounds
- Application window: Thursday, September 9 through Thursday, September 30
- Eligible applicants: Current waitlisted applicants from certain previous rounds and new applicants that meet eligibility criteria found at CAReliefGrant.com
Please click here for more information
Shuttered Venue Operators Grant (SVOG)
The Small Business Administration (SBA) is reopening applications for the Shuttered Venue Operators Grant (SVOG) which provides COVID-19 relief grant funding to Shuttered Venues. Eligible applicants may qualify for grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. New applications will be accepted until 11:59 p.m. PT on Friday, August 20, 2021.To submit an application, visit sba.gov/svogrant
California Rebuilding Loan Program
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 and had gross revenues of less than $2.5 million or below in 2019 are eligible to apply for loans up to $100,000.
Please click here for more information, or to apply.
Economic Injury Disaster Loans and Emergency Loan Advances
Alameda businesses are eligible for disaster assistance loans from the U.S. Small Business Administration (SBA).
Please click here for more information about EIDL loans, and here for more information about emergency loan advances. You may also contact the SBA disaster customer service center via phone at 1-800-659-2955 or e-mail at email@example.com.
California Small Business Loan Guarantee Program
The State of California has allocated $50 million for loan guarantees to small businesses to help eliminate barriers to capital for individuals who do not qualify for federal funds, including low wealth and undocumented immigrant communities. Please click here for more information.
California Capital Access Program for Small Businesses (CalCAP)
The CalCAP program encourages banks to make loans to small businesses that may otherwise have difficulty obtaining financing. If you own a small business and need a loan for working capital, start-up costs, or expansion, you may be eligible for this program. Loans are available up to $5 million. Please click here for more information.
Private/Non-profit Grant Opportunities