Small Business Relief Stabilization

Community Development Block Grant is a federally funded program. City CDBG-CV funds may be used to secure economic opportunities for low-and moderate-income persons. CDBG-CV funds are targeted to business of the City that have the highest adverse impact as a result of the Coronavirus.

The Coalinga Small Business Stabilization Program (SBSP) is designed to promote economic stability by providing immediate relief in the form of a one-time forgivable loan for essential operating expenses to Coalinga small businesses negatively impacted by COVID-19.

The goals of this program are:

1. Help small businesses survive the COVID-19 crisis.

2. Retain employment and continue to pay employees.

3. Maintain the provision of goods and services for Coalinga residents.