Business Support

Arcata Business Community

Welcome to a new City of Arcata page dedicated to supporting our business community!

We want this page to be a one-stop shop for information business owners need, and a place for new business information and current events.  If you have any suggestions about additions or corrections please let us know - email sdiehlmccarthy@cityofarcata.org.

Notify Me® Opens in new windowSign up for notifications about new posts and updated information as they are posted.  Click the icon to sign up for eNotifications.  

Use tabs to focus on areas of information.

  1. Arcata Loan & Grant Programs
  2. COVID Business Help & Info
  3. Other  Financing (Including COVID)
  4. Other Resources

PROGRAM

GENERAL INFORMATION

HOW TO APPLY

Job Retention Loan Program
Created to assist businesses affected by COVID-19 and retain jobs for low-to-moderate income employees.
  • Loans from $25,000 to $140,000.
  • Loan must be used for purposes clearly related to business survival during COVID-19 restrictions.
  • If jobs are retained for 6 months the loan is forgiven.
  • If jobs are not retained loan is termed out for 5 to 7 years (depending on loan size) at 3%.

Job Retention Program Flyer

Use the link below for an application.

Application assistance is available through the North Coast Small Business Development Center (SBDC).

Deliver the application and documentation to City Hall, attention Keala Roberts (736 F Street).

Applications may also be uploaded to a secure dropbox here.

Job Retention Program Application
Business Resilience Emergency Loan ProgramCreated to provide emergency funding for businesses affected by COVID-19.
  • Deferred payments for 6 months.
  • May be paid off with other financing or paid over 5 years at 2.5%.
  • Enrollment with the North Coast Small Business Development Center (SBDC) is required.

BRELP Program Flyer

Use the link below for an application.

Deliver the application and documentation to City Hall, attention Keala Roberts (736 F Street).

BRELP Application
Business Assistance Loan ProgramDesigned to help small businesses with start-up, expansion, and purchases.  Construction funding also available.
  • Minimum loan is $20,000.  There is no maximum but the loan amount is limited by the number of low-to-moderate income jobs.
  • Loan term depends on what funds will be used for - from 5 to 30 years.
  • Rate begins at 3%.  Final rate depends on jobs created or retained, business strength, equity and management strength.

Business Assistance Loan Guidelines

Find the application and other information here.

Contact Susan at sdiehlmccarthy@cityofarcata.org to discuss making an application.
Microenterprise Loan ProgramDesigned to help small businesses with expansion or restructure.
  • Up to $50,000.
  • Rates from 3.9% to 6.9%.
  • Terms from 3 to 8 years, depending on purpose and collateral.

Microenterprise Loan Information

Determine whether your business qualifies for a Microenterprise Loan by completing this Pre-Application Checklist.

If you qualify based on the checklist, complete this Pre-Application Form, and contact Susan for at appointment at sdiehlmccarthy@cityofarcata.org.
Microenterprise Grant ProgramDesigned to help small businesses build capacity to grow.
  • Up to $10,000
  • Limited to funds used to build capacity
  • Enrollment with the Small Business Development Center (SBDC) is required.

Microenterprise Grant Information

Use the Microenterprise Grant Information flyer to determine whether your business may qualify.

If it looks like you qualify, contact Susan for an appointment at sdiehlmccarthy@cityofarcata.org.