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Nano Revolving Loan Fund

The San Pablo Economic Development Corporation (EDC) is proud to offer a Nano Revolving Loan Fund (Nano RLF). The San Pablo EDC’s Nano RLF is designed to stimulate economic growth in West Contra Costa County through lending small businesses the capital they need. This funding must support the retention or advancement of current employees or contribute to job creation.

Who Should Apply?

The following types of businesses may be eligible for a Nano Revolving Loan Fund:

  • Businesses that have existed in the West Contra Costa Region for at least one-year
  • Businesses that will hire, retain, or advance the careers of local residents
  • Businesses providing needed services within the West Contra Costa County
  • Businesses that support or complement the San Pablo EDC’s mission
  • Businesses that fall within Small Business Administration’s (SBA) standards of a small business
  • Businesses whose gross revenue does not exceed $2,000,000

Conditions & Eligibility
Eligible applicants may request loans from a minimum of $1,000 to a maximum of $5,000.

Loan Cost:

  • $50 non-refundable upfront application fee
  • 5% simple interest for 1-year

Technical Assistance from the Contra Costa Small Business Development Center and San Pablo EDC staff is a requisite to apply for Nano RLF. It is the goal of the San Pablo EDC to do everything possible to ensure local small business succeed.

In order to accomplish this goal, eligible loan applicants may be required to participate in an approved business management assistance program. Ineligible businesses include golf courses, country clubs, massage parlors, hot tub facilities, suntan facilities, racetracks, gambling facilities, smoke/tobacco shops, liquor stores, marijuana-industry related stores, and any businesses not allowed by municipal ordinance at the time of loan origination.

San Pablo EDC will respond to applicants within two business days of Nano RLF application submission provided a complete financial packet has been submitted, and the applicant is able to have credit pulled.

Downloadable Forms, Applications, and Marketing Collateral

To apply for Nano RLF loan, the applicant must download

Download Application

Download Credit Memo

Download Nano RLF Brochure