Small Business Loan Information

Small Business Disaster Loans

During the COVID-19 pandemic, small businesses in Santa Clara County are eligible for disaster loans.

The online portal is the best place to apply for small business loans.

  • The disaster loans are for a maximum amount of $2 million at 3.75% interest (2.75% for non-profits) and up to 30 year term.

  • The loans include a grant for up to $10,000 that does not need to be repaid regardless of the outcome of the loan application.

  • The first loan repayments are being deferred for 12 months.

  • Click here for a list of all filing requirements.


While the U.S. Small Business Administration (SBA) recommends applying for a loan online at, the call-center number is (800) 659-2955 and you can email

Disaster Loan Fact Sheets

Paycheck Protection Program

The Coronavirus Aid, Relief, and Economic Security (CARES) Act included the Paycheck Protection Program to provide cash-flow assistance through federally guaranteed, low-interest loans, to small businesses and eligible individuals and entities. Importantly, the loans can be 100% forgiven if borrowers rehire and retain employees in the eight weeks following receipt of the loans.

Small businesses, eligible non-profit organizations, veterans' organizations, and tribal businesses, as well as individuals who are self-employed or are independent contractors, are eligible if they meet program size standards.

Beginning on Monday, April 27, 2020 at 10:30am ET, the SBA will resume accepting Paycheck Protection Program applications from participating lenders.

Click here for the main information page from the SBA, and click here for the FAQ, updated April 24, 2020.

Click here for the main assistance page from the U.S. Department of the Treasury.

How to Apply

For Borrowers

1. Fill out an application form.

2. Apply through an approved SBA lender.

For Lenders

1. Create an SBA Account.

2. Request authorization to the gateway by providing your FRS, FDIC or NCUA number, as well as your authorization number.

Please note: Lenders who need assistance accessing SBA's E-Tran system may call the Lender Customer Service Line at 1-833-572-0502.

Need Assistance?

The SBA's Resource Partners can provide guidance and expertise to small business owners and entrepreneurs impacted by COVID-19. Small Business Development Centers, Women’s Business Centers, and SCORE counselors are available to help answer specific questions about eligibility and the application process.

More Upcoming Relief from the CARES Act

Click here for an article from The Washington Post about small business assistance in the CARES Act.

The guide below provides information about the major programs and initiatives that will soon be available to address the needs of small businesses, as well as certain nonprofits and other employers.