Grants and Financing Resources

Grant and Financing Opportunities

SBA Disaster Loan Program for Severe 2022-2023 Winter Storm damage and economic injury

• Low interest loans for homeowners, renters and businesses.
• Application deadlines
  • Property damage - October 10, 2023
  • Economic injury - May 9, 2024 
• More information is available online at:
  Virtual Disaster Loan Outreach Center
  Monday – Friday
  8 a.m. – 4:30 p.m.
  FOCWAssistance@sba.gov
  (916) 735-1512
• Related post on City of Modesto Economic Development page on LinkedIn

Success Capital SBA 504 Revolving Loan Program

• 90% financing – Preserve working capital for business growth and expansion
• Long-term amortization means low monthly payments – Buying is often more cost effective than leasing
• Below-market, 25-year fixed interest rate – Fix occupancy costs and secure a stable location for your business
• Fixed or adjustable rates available on the First Mortgage
• Title to the building can be taken by the business, the principals individually, a holding company, or a trust
• No balloon payments
• Contact Success Capital:
  • 1301 L Street, Suite 4, Modesto, CA 95354
  • Tel: (209) 521-9372
  • Fax: (209) 521-9373
  • INFO@SUCCESSCAPITALSBA.COM