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.

ROUND ONE UPDATE

11 Businesses Assisted and 22 Jobs Created or Retained!

Round One of the Business Assistance Program is officially closed—and what a response! We received 54 applications (48 in the first 15 minutes!) and awarded 11 forgivable loans, helping create or retain 22 local jobs.


As we prepare for Round Two this fall, we’re hosting a public workshop on May 19, 2026 at 5:30 PM at the Wastewater Treatment Plant Conference Room (210 Battery Street). If you are unable to attend in person, please use the zoom link provided on the calendar below.


Join us to:
    • Share feedback on the application process
    • Learn about other funding opportunities
    • Get connected to technical assistance for future success
    • Hear updates about Round Two (including potential lottery selection)


If you applied in Round One and weren’t funded, you’ll automatically be considered for Round Two. If you are a new applicant, you can apply once we begin accepting applications for Round Two in the fall.  


To book a one-on-one meeting with our Program Operator on May 20, 2026, please call Bridget Lacey at 707-458-4814.

Testimonials

Round One Award Recipient

I want to express my sincere appreciation to the City of Crescent City for pursuing funding opportunities that support local businesses like mine.


As the owner of a small computer repair and tech support business here in Crescent City, being selected for a loan has made a meaningful difference. With this support, I’ve been able to hire an additional employee and expand our hours to serve customers seven days a week. I’ve also invested in new inventory and tools for our technicians, upgraded our shop with a new business sign, and purchased a van to provide on-site repair services throughout the county.


These improvements have allowed us to better serve our community and continue growing. I’m truly grateful for the City’s commitment to helping small businesses succeed.


Thank you,

Cameron Eller

Camtech Computer Services

STAY TUNED FOR THE LAUNCH OF ROUND TWO!

If you were unable to apply during Round One, you will have another opportunity to apply when we launch Round Two in the fall of 2026. The official date will be released soon.

What's involved?

Click the button below to see what will be required if you are selected to submit a full application.

Full Application

Round One Application Workshop

Meetings and Workshops

05/19/26

Round One Debrief - Alternative Funding and Technical Assistance Workshop

5:30pm

-

6:30pm

210 Battery Street, Crescent City

Event Details

05/19/26

Round One Debrief - Alternative Funding and Technical Assistance Workshop

We invite you to share feedback on the Round One application process, learn about other funding opportunities, get connected to technical as...

Event Details

5:30pm

-

6:30pm

210 Battery Street, Crescent City

Contact Us

Still have questions? Drop us a line below!

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Copyright © 2026 Crescent City Business Assistance Loan Program - All Rights Reserved.

Powered by

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept