Local Grants & Loans

Some local Orange County and Inland Empire cities are offering loan and grant programs to help their small businesses experiencing financial losses as a result of the COVID-19 pandemic in partnership with the SBDC. Check out which cities are participating and the latest information for each program.

Small Business Grant Program — Round Two

As part of the American Rescue Plan Act (ARPA) initiative, the City of San Bernardino has partnered with the OCIE SBDC to offer the Small Business Grant Program, Round Two. The Grant Program will provide free consultations and funding to small businesses needing financial assistance in overcoming the loss of revenue due to the COVID-19 pandemic. All eligible businesses are invited to apply.

 

As part of the Tustin Cares Program, the city of Tustin has partnered with the Orange County Inland Empire Small Business Development Center Network to present the Tustin CEO Moms Training and Grant Program — a growth program for women by women. The program will provide growth opportunities through training and funding to woman-owned small businesses located in Tustin. All eligible woman-owned businesses are invited to apply. Woman-owned small businesses may be eligible to receive a grant of up to $2,500 after attending four (4) mandatory two hour each virtual training sessions and one (1) mandatory one-on-one business consulting session. The grant must be used to cover the day-to-day business operating expenses.

The application is now closed.

 

As part of the Temecula COVID-19 Community Reinvestment Program, the city of Temecula has partnered with the Orange County Inland Empire Small Business Development Center to present the Level Up Training and Funding Program — a four-week program that will provide training and funding to brick-and-mortar businesses located in Temecula. 

The application is now closed. 

Thrive — Riverside County

In an effort to assist entrepreneurs in launching a business and support businesses that are continuing to struggle with the negative economic impacts of the pandemic, the Riverside County Office of Economic Development and the Orange County Inland Empire Small Business Development are partnering to provide financial assistance and trainings to county constituents and businesses.

The RivCo Small Business Thrive Program is providing grants of $1,500, $2,500 and $5,000  to qualifying individuals and businesses that meet all eligibility criteria and complete a small business training program, have one-on-one consulting provided by the OCIE SBDC and attend a Financial Literacy webinar. 

The application is now open and will close until funds are exhausted. 

Perris

The City of Perris has announced that effective 12/13/21 businesses who have received the 1st or 2nd round of their Small Business Assistance Program, can now apply for round 3. The program offers up to $10,000 loans to qualifying businesses.

The application will be open from Monday, December 21, 2020 until funds are exhausted. 

Stanton

The City of Stanton is providing business assistance to address the adverse repercussion of the novel coronavirus to the economy and to jobs. The City’s Small Business Assistance Program will provide grants of $7,500 for the payment of commercial rent and/or commercial utilities to qualified Stanton small businesses experiencing financial hardship as a direct result of COVID-19.

The application will be open from Tuesday, December 8, 2020 until funds are exhausted. 

Rialto

The City of Rialto has created the Small Business Storefront Grant which will offer $10,000 for qualified small businesses with at least one and no more than 25 full-time employees that have been deemed non-essential. Previously approved businesses that were grated up to $4,000 may reapply for an additional $6,000 (not to exceed
$10,000) upon demonstration of additional need for funds.

The application will be open from Sunday, November 1, 2020 until funds are exhausted.

IBank

IBank’s Disaster Relief Loan Guarantee Program is currently available to small businesses needing assistance to overcome economic injury caused by COVID-19. Financial Development Corporation (FDC) partners throughout the State are assisting businesses in securing a 95% guarantee on bank loans of up to $1 million. Current rates are prime + 1% for up to 7 years. 

The application will be open from Tuesday, October 20, 2020 until funds are exhausted.