incentives

Use of funds:

• Working capital
• Inventory
• Equipment, machinery, furniture acquisition
• Purchase land or building
• Business buyouts
• Construction, conversion, rehabilitation or expansion of owner-occupied facilities.

To contact the SBA for eligibility, loan amounts, interest rates, fees, and other information on this or other financing programs, go to SBA website

The Small Business Administration representative for San Joaquin County is listed below.

Small Business Administration
Jim O'Neal, District Director
Sacramento District Office 
650 Capitol Mall, Suite 7-500
Sacramento, CA 95814

PHONE (916)930-3700
FAX (916)930-3737

Email: sac-needhelp@sba.gov

Use of funds:

• Acquisition of land or building
• Building construction or remodeling
• Machinery acquisition.

The 504 Program cannot be used for working capital or inventory, consolidating or repaying debt, or refinancing.

• Private lender provides up to 50% of project costs.
• SBA 504 program provides up to 40% of project costs.
• Owner injects 10% of capital needed.

The CEC office representing San Joaquin County is listed below.

Economic Development Foundation of Sacramento, Inc.
CDC-ALP#: 09-111
Frank Dinsmore, Executive Director
7509 Madison Avenue, Suite 111
Citrus Heights CA 95610

PHONE#: (916) 962-3669
FAX#: (916) 962-1822

To contact the SBA for information on this or other financing programs, go to SBA website

.

May also be used for business startups and gap financing.

Use of funds:

• Acquisitions of owner occupied land and facilities
• Building construction or remodeling
• Acquisition of equipment, furniture, and fixtures
• Leasehold improvements
• Working capital needs
• Inventory.

Requirements: 

• One job created for every $20,000 loaned, however, each loan request is considered individually.

For more information about Revolving Loan Fund Financing, visit their web site:  http://www.sjcworknet.org/bus_financing.html

• For additional information and loan application materials, contact:

San Joaquin County Economic Development Association
Fran Aguilara, Manager
814 N. Hunter Street
Stockton, CA 95202
(209)468-3615

 

Print a copy of the Business Primer 2000 from their web site: http://www.sjcworknet.org/eda.html  (WorkNet)

Small businesses must meet certain eligibility criteria to participate in the SBIR program.

• American-owned and independently operated
• For-profit
• Principal researcher employed by business
• Company size limited to 500

SBA Office of Innovation, Research & Technology
409 3rd Street, SW, Suite 4000
Washington, DC 20416
(202) 205-6450

More complete information is available on their web site.

http://www.sba.gov/sbir/indexwhatwedo.html

 

Funds can be used for:

• Acquire equipment.
• Make leasehold improvements.
• Purchase recycled raw materials and inventory.
• Acquire owner-occupied real property (limited to $500,000)

Rates, Terms Fees:

• Fixed low rates set annually by the Board 
• Terms up to ten years.
• A nonrefundable application fee of $300.00 is due at time of application submittal.

Recycling Market Development Zone web site:

http://www.pwsacramento.com/solidwaste/marketdev.html

San Joaquin County Recycling Market Development Zone

http://www.ciwmb.ca.gov/RMDZ/Zones/Profiles/SanJoaquin.htm

Integrated Waste Management Board
Contact Information

Tom Horton
Integrated Waste Manager
Department of Public Works/Solid Waste Division
PO Box 1810
1810 E. Hazelton Avenue
Stockton, CA 95201
Phone: (209) 468-3066
Fax: (209) 468-3078
E-mail: solidwaste@co.san-joaquin.ca.us

Integrated Waste Management Revolving Loan Program

The RMDZ revolving loan program provides direct loans to eligible businesses that use postconsumer or secondary waste materials to manufacture new products or that reduce the waste resulting from the manufacture of a product.  These low-interest loans promote market demand for postconsumer and secondary waste materials.

For more information, visit their web site:

http://www.ciwmb.ca.gov/http://www.ciwmb.ca.gov/

-or-
Ripon Economic Development Department
(209) 599-2108

 

California Communities was created to provide local governments and private entities access to low-cost, tax-exempt financing for projects that create jobs, help communities prosper and improve the quality of life in California.

For more information, visit their web site:

http://www.cacommunities.com/

• For additional information and application materials, contact:

  The California Economic Development Financing Authority
  Jeff Emanuels, Public Finance Specialist
  801 K Street, Suite 1700
  Sacramento, CA 95814
  (916)324-1299
  Website  

QUALIFYING
All new and existing for-profit small businesses in Ripon who meet the following requirements are eligible to apply for a loan:

• U.S. citizen or legal resident
• Owner must make or already have a cash investment in the business
• Profitable existing business or ability of new business to show a profit.
• Demonstrate ability to repay the loan.
• Reasonable credit history and payment record.

THE LOAN
Loans are available from $5,000 to $50,000, but cannot exceed 67% of total project cost. A loan fee is due at loan closing.

REQUIREMENTS
The Agency requires copies of the following information to complete the processing of your loan application:

• Current business plan
• Federal tax returns (last three years)
• Income statements (current and last two years)
• Balance sheets (current and last two years)
• Current cash and other liquid assets
• Cash flow projections (next three years)
• A nonrefundable fee of $25
  

If you have questions, or want to receive an application packet, contact:

Ripon Economic Development Department
(209) 599-2108

          E-Mail  mjohnston@cityofripon.org

The California Trade & Commerce Agency
801 K Street, Suite 1700
Sacramento, CA 95814
(916)322-1394
Website