California Infrastructure and Economic Development Bank

Small Business Loan Guarantee Program

The California Small Business Loan Guarantee Program (SBLGP) works to help businesses create and retain jobs, while at the same time encouraging investment into low- to moderate-income communities.Business size eligibility for the SBLGPgenerally follows the U.S. Small Business Administration 7(a) program guidelines.The SBLGP provides loans to small businesses that experience capital access barriers. Through this program, a small business can establisha favorable credit history with a lender and obtain access to future loans on its own, independent of the program.

NEWS

  • Small BusinessFederal Contractingand Grants Workshop Saturday, May 24, 2014 in San Jose, CA.Almost $2.8Billion dollarswere awarded last year as direct research grants to small businesses by numerous federal agencies. Learn more about these contracts for small businesses.

SBLGP Program Overview

SBLGP Admistrative Costs Annual Report, January 2014(Pursuant to the 2013-14 State Budget)

State Small Business Credit Initiative (SSBCI) Acceptable Loan Purposes

Guarantee Terms:
  • Available to loans no greater than $20 million
  • Maximum Loan Guarantee Liability $2.5 million
  • Maximum Loan Guarantee Percentage 80%
  • Maximum Loan Guarantee Term 7 years
  • Loan Guarantee fee 2%
  • Loan Documentation fee $250
Business Size: Must target an average borrower-size of 500 or fewer employees as defined in 13 CFR 121.106; and cannot extend credit support to borrowers with more than 750 employees. Non-profit organizations also qualify to participate in the loan guarantee program.

Acceptable Loan Purposes: The proceeds of loans financed through the program shall be used in California:
  • Business purposes such as expansion into new facilities,
  • Purchase of equipment,
  • New market development,
  • Working capital,
  • Lines of credit,
  • Franchise fees,
  • New construction or renovation,
  • Refinancing of existing loan debt (with conditions)
  • SBA 504 gap financing before the SBA debenture is available
Qualifying small business owners may apply for an SBLGP loan by contacting a Financial Development Corporation (FDC).Tofind and contact an FDC inyour area, pleaseclickhereanduse the mapping tool or select from the list below.

California Capital Financial Development Corporation

Clarence Williams, President

2000 O Street, Suite 250

Sacramento, CA95814

Voice:916-442-1729

Fax:916-442-7852

E-mail: cwilliams@cacapital.org

www.cacapital.org

California Coastal Rural Development Corporation

Karl Zalazowski, President

221 Main Street, Suite 301

Salinas, CA93901

Voice:831-424-1099

Fax:831-424-1094

E-mail: karl_zalazowski@calcoastal.org

www.calcoastal.org

California Southern Small Business Development Corporation

Michael McCraw, President

2825 Dewey Road

Building 202, Suite 205

San Diego, CA92106

Voice:619-232-7771

Fax:619-232-6743

E-mail: mmccraw@casouth.com

www.casouth.com

Hancock Small Business Financial Development Corporation

Edward H. Lee, President

4022 W. Olympic Boulevard

Los Angeles, CA90019

Voice:323-933-4311

Fax:323-933-4312

E-mail: edwardlee@hsbfdc.org

www.hsbfdc.org

Inland Empire Small Business Financial DevelopmentCorporation

Robert M. Saenz, President

208 West E Street, Suite D Ontario, CA 91762

Voice:909-391-6787

Fax:909-391-6765

E-mail: rsaenz@iefdc.org

www.iefdc.org

Nor-Cal Financial Development Corporation

Elza Minor, President

300 Frank H. Ogawa Plaza, Suite 175

Oakland, CA 94612

Voice:510-452-4407

Fax:510-452-4405

E-mail:em1nor@yahoo.com

www.nor-calfdc.org


Small Business Financial Development Corporation of OrangeCounty

Michael A. Ocasio, President & CEO

217 North Main Street, Suite 115

Santa Ana, CA. 92701

Voice:714-571-1900

Fax:714 571-1905

E-mail: mocasio@sbfdoc.com

www.sbfdoc.com

Pacific Coast Regional Small Business Development Corporation

Mark J. Robertson, Sr., President

3255 Wilshire Boulevard, Suite 1501

Los Angeles, CA90010

Voice:213-739-2999, Ext. 225

Fax:213-739-0639

E-mail:mark_robertson@pcrcorp.org

www.pcrcorp.org


State Assistance Fund for Enterprise-Business and IndustrialDevelopment Corporation

Mary Jo Dutra, President

1377 Corporate Center Parkway, Suite A Santa Rosa, CA 95407

Voice:707-577-8621 or 1-800-273-8637

Fax:707-577-7348

E-mail:mjd@safe-bidco.com

www.safe-bidco.com

San Fernando Valley Small Business Financial DevelopmentCorporation

Roberto Barragan, President

5121 Van Nuys Boulevard, Third Floor

Van Nuys, CA 91403

Voice:818-907-9977

Fax:818-907-9720

E-mail:rbarragan@vedc.org

www.sfvfdc.org

Valley Small Business Development Corporation

Debbie Raven, CEO

7035 North Fruit Avenue

Fresno, CA93711

Voice:559-438-9680

Fax:559-438-9690

E-mail:draven@vsbdc.com

www.vsbdc.com

For additional information about the SBLGP not available on this website, please contact:

Teveia R. Barnes, SBLGP Program Manager
980 9th Street, 9th floor
Sacramento, CA 95814
E-mail:ibank@ibank.ca.gov
Telephone: (916) 322-1399
FAX: (916) 322-6314

or

Dan Apodaca, SBLGP Assistant Program Manager
980 9th Street, 9th floor
Sacramento, CA 95814
E-mail:Dan.Apodaca@ibank.ca.gov
Telephone: (916) 327-2028
FAX: (916) 322-6314