COVID-19 Relief: SMUD Nonprofit Microloan Program

Strengthening our neighborhoods. Together.


In early March, our community began to feel the impacts of the COVID-19 virus. The growing pandemic brought the world to a halt and was especially devastating to our underserved, under-resourced neighborhoods and the nonprofit organizations that support them.

To help counter the economic fallout of COVID-19, our Sustainable Communities initiative has partnered with California Capital to create a simple, low interest microloan program to help local nonprofits in our service area keep their operations running and growing, so they can continue to help those most in need.


Microloan applications can be submitted July 17 - December 31, 2020.

Who can apply?

Applicants must meet the following eligibility requirements:

  • Only local nonprofits incorporated and operating in SMUD’s service area are eligible
  • Nonprofit 501(c)(3) and 501(c)(4) status
  • 100 employees or less
  • Directly impacted by COVID-19
  • Loans will be used for the following:
    • Acquisition or leasing of real property, buildings, machinery, equipment and inventory
    • Construction or repair of buildings, machinery, equipment and tenant improvements
    • Operational activities such as payroll, rent and utilities
    • Working capital
    • Technology improvements related to COVID-19 social distancing guidelines

Loan terms

  • $1,000 to $10,000*
  • 2% interest
  • $100 application fee to be paid by borrower**
  • Payment terms vary on a per loan basis, but shall not exceed 5 years

*SMUD may allow exceptions up to $25,000
** An additional processing fee will apply if loan is approved

How will loans be awarded?

Microloan applications can be submitted July 17 - December 31, 2020. Loans are limited and will be disbursed based on evaluating factors including but not limited to:

Still have questions?

Contact us at or 1-916-732-6753.