Apply for Small Business Assistance Loans

Updated September 18, 2020
The City of Roseville has been awarded CARES Act Community Development Block Grant (CDBG) funding from the U.S. Department of Housing and Urban Development in response to COVID-19. These funds are providing up to $20,000 to small businesses to support job retention for low and moderate-income individuals. 

Webinar
Learn more about the loan program by viewing the webinar below.



Applying
Contact us for an application.  

Applications will be accepted beginning Monday, September 14 and will be reviewed on a first-come, first-served basis until funds are exhausted.

Eligibility
To be eligible for a loan, businesses must:
  • Be a locally owned restaurant, retail or service business with a physical storefront/office location in the City of Roseville;
  • Be in operation since at least since March 1, 2019; and
  • Employ at least one full time equivalent job and have no more than 25 employees. 
Funds may be used for expenses related to retaining jobs and responding to COVID-19, including:
  • Employee salaries, wages and benefits;
  • Lease, mortgage payments, utilities or insurance for buildings where employees are working; and/or
  • Purchase of personal protective equipment (PPE), social distancing signage, thermometers, hand sanitizer dispensers, cleaning supplies and other items used to reduce the spread of the COVID-19 virus.
Funding is subject to additional requirements of the federal CDBG program and the CARES Act. 

Program guidelines
Income limits
Non-discrimination policy
Underwriting criteria

Questions
Please email Amy Wyatt with questions.   




Visit roseville.ca.us/BusinessHelp for more business assistance and resources. 


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