The fund is aimed at helping small businesses across California and nearly all industries, particularly those located in economically disadvantaged and historically underserved areas.
To qualify, small businesses must have employed 50 or fewer full-time equivalent (FTE) employees prior to March 2020 and have realized gross revenues of less than $2.5 million in 2019, and must have suffered a direct economic hardship as a result of COVID-19.
for the pre-application page.
After you have completed and submitted the online pre-application and are deemed eligible, you will be matched with a participating community lender. You will receive an email or call from them shortly so that you can begin the full loan application process.
Here is info on the loan terms
Here is a FAQ page