APPLICATION FOR SMALL BUSINESS RELIEF 2025

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The California Dream Fund Grant Program (CDFG or Dream Fund) was created in 2021 by Senate Bill No. 151 (Government Code Section 12100.63) to provide microgrants up to $10,000 to seed entrepreneurship and small business creation in underserved small business groups that are facing capital and opportunity gaps.
Eligible recipients can receive up to $10,000 in advance funds if they are a small business located in a low-income community who previously applied for the EIDL Advance grant but did not receive it due to lack of program funding or those who previously received partial funding.
What are the terms? Maximum loan amount$5,000,000 Loan guarantee 85% $150,000 or less 75% if greater than $150,000 Maximum loan maturity 60 months1 more row Jul 24, 2024
They are one of the more popular choices for financial aid when starting a business due to their lower rates and longer terms. While there are specific cases where you may not have to pay back an SBA loan, in nearly all cases, you do have to pay back the loan, just as with any other traditional small business loan.
Eligibility requirements Be an operating business. Operate for profit. Be located in the U.S. Be small under SBA size requirements. Not be a type of ineligible business. Not be able to obtain the desired credit on reasonable terms from non-federal, non-state, and non-local government sources.
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For existing borrowers, SBA will cover all loan payments on these SBA loans, including principal, interest, and fees, for six months.
If you have bad credit, or your small business credit score isnt stellar, the SBA will still consider other factors, such as recent income and your history of rent, utilities, insurance, and other payments, to determine whether you qualify for an SBA disaster loan.

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