California Rebuilding Fund
California’s Infrastructure and Economic Development Bank (IBank)
- Loan program to support California’s small businesses
- Businesses eligible if they employed 50 or fewer employees (FTEs) and had gross revenues of less than $2.5 million or below in 2019
- Loans will need to be paid back over a 3- or 5-year term with a fixed annual interest rate that is currently 4.25%.