CRESCENT CITY BUSINESS ASSISTANCE LOAN PROGRAM

CRESCENT CITY BUSINESS ASSISTANCE LOAN PROGRAMCRESCENT CITY BUSINESS ASSISTANCE LOAN PROGRAMCRESCENT CITY BUSINESS ASSISTANCE LOAN PROGRAM

CRESCENT CITY BUSINESS ASSISTANCE LOAN PROGRAM

CRESCENT CITY BUSINESS ASSISTANCE LOAN PROGRAMCRESCENT CITY BUSINESS ASSISTANCE LOAN PROGRAMCRESCENT CITY BUSINESS ASSISTANCE LOAN PROGRAM

The City of Crescent City is now offering forgivable loans to qualified businesses with Community Development Block Grant (CDBG) funding. The purpose of this program is to provide flexible financing to businesses throughout the county that can create or retain jobs for low-to-moderate-income individuals.

Loan Amounts

Interest Rates

Loan Amounts

Applicants will receive $35,000 per job created or retained, up to $500,000. 

Terms

Interest Rates

Loan Amounts

Loans can be forgiven if monthly financial statements are provided to the Program Operator for a minimum of 3 months and jobs are created or retained. 

Interest Rates

Interest Rates

Interest Rates

Interest rates will be 1% based on the cash flow needs of the borrower and risk level if loan forgiveness terms are not met. 

Loan Fees

Use of Funds

Interest Rates

None.

Eligibility

Use of Funds

Use of Funds

Existing businesses, business purchases, and business start-ups.

Use of Funds

Use of Funds

Use of Funds

Purchase of equipment, inventory, real property, working capital, debt consolidation, etc.

GET READY TO SUBMIT YOUR APPLICATION FOR ROUND ONE!

Forgivable loans will be awarded on a first-come, first-served basis. If you are unable to apply at this time, you will have another opportunity to apply when we launch Round Two next year.

IMPORTANT DATES TO REMEMBER

Application Workshop

Our Program Operator will walk you through the steps it will take to complete a full application. 


September 18, 2025

5:30-6:30PM

Wastewater Treatment Plant

210 Battery Street

Crescent City, CA 95531

FULL application

One-on-One Meeting with our Program Operator

Schedule a 1-hr meeting with our Program Operator to discuss any questions you may have about the program, process, or your specific business needs. 


Call 707-458-4814 to book a time slot for:

September 19, 2025

Wastewater Treatment Plant

210 Battery Street

Crescent City, CA 95531

SCHEDULE AN APPOINTMENT

Get your name on the list before funds run out!

Pre-application Portal Opens!

Be the first to submit your pre-application to ensure  a chance at funding. The pre-application will consist of some basic questions about your business, how many jobs you intend to create or retain, etc. The purpose of the pre-application is to determine eligibility and establish who will get funded first. Once we have received some pre-applications, we will contact the businesses in the order received to begin the funding process. Assistance completing the full application will be provided to those who are eligible. 


September 22, 2025 at 8AM

Click on the button below to submit your pre-application.


If you don't have access to a computer or smart phone, you can submit a pre-application in person at:


City Hall

Public Works Front Desk

377 J Street

Crescent City, CA 95531

SUBMIT YOUR PRE-APPLICATION

Contact Us

Still have questions? Drop us a line below!

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Copyright © 2025 Crescent City Business Assistance Loan Program - All Rights Reserved.

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