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 is eligible to apply?

Small business entities that have been affected by loss, damage or other economic injury due to the COVID-19 pandemic and meet the programs eligibility requirements.

What do you consider a small business?

The business must have between 1-750 employees and be established as an entity including:

  • Sole Proprietor – Individual using legal name as business name that files a Schedule C, Schedule F, or has a fictitious business name or DBA statement
  • If the loan appears to be in the name of an individual, evidence of Sole Proprietorship will be required and may include a Schedule C, Schedule F, Seller’s Permit, and/or fictitious business name or DBA statement
  • Limited Liability Company
  • Cooperative
  • Corporation
  • Partnership
  • S-Corporation
  • Not-for-profit

We will not accept an individual as the borrower. It is permissible for an individual to be a guarantor or co-borrower on the loan, but the primary borrower must be a small business. We do not consider citizenship or immigration status for eligibility requirements, as long as the entity/individual meet the above criteria. Trucking owner/operators are eligible as long as they are registered as a legal business entity.


  • The business activity must be eligible under the program and in one of the industries listed in the North American Industry Classification System (NAICS) codes list. ; and
  • Must be located in a declared disaster area – A major disaster area declaration was made for the state of California on March 22, 2020 in regards to the COVID-19 pandemic

What are excluded businesses?

Businesses that are not eligible include passive real estate businesses (rental income, etc.).

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:

*The list of participating lenders is fluid and changing


FDC/Lender Use Only

Small Business Resources:

Business Portal (GO-Biz)

Other Small Business Resources

Small Business Resource Map

Financial Development Corporations

California Capital Financial Development Corporation *

1792 Tribute Road, Suite 270
Sacramento, CA 95815
Voice: 916-442-1729

California Coastal Rural Development Corporation *

221 Main Street, Suite 301
Salinas, CA 93901
Fax: 831-424-1094

California Southern Small Business Development Corporation

2825 Dewey Road
Building 202, Suite 205
San Diego, CA 92106
Fax: 619-232-6743

Nor-Cal Financial Development Corporation *

300 Frank H. Ogawa Plaza, Suite 175
Oakland, CA 94612
Voice: 510-698-2080
Fax: 510-452-4405

Small Business Development Corporation of Orange County

271 N. Sycamore Street
Santa Ana, CA 92701
Fax: 714-571-1905

Pacific Coast Regional Small Business Development Corporation *

3255 Wilshire Boulevard, Suite 1501
Los Angeles, CA 90010
Voice: 213-739-2999, Ext. 222
Fax: 213-739-0639

Valley Small Business Development Corporation *

7035 North Fruit Avenue
Fresno, CA 93711
Voice: 559-438-9680

*Participant in IBank’s Jump Start Loan Program

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: [email protected]