Dublin Small Business Emergency Microloan Program

The City of Dublin’s Small Business Emergency Microloan Program (“Program”) was established by the Dublin City Council with the intention to assist in retaining local small businesses (primarily restaurants and retailers) that are experiencing severe negative impacts due to the COVID-19 pandemic. Download the Program Factsheet (PDF).

The Small Business Emergency Microloan Program portal opened on May 26, 2020 and closed on June 12, 2020. We are no longer accepting applications. Please contact Economic Development Staff at 925-833-6650 if you have any questions.

Program Overview

The Program provides zero-interest, unsecured, short-term loans of up to $10,000 to eligible independently or locally owned businesses with priority for restaurants and retail businesses. Loan funds must be used to cover payroll, rent, operating expenses or working capital.

Loan repayment is deferred for 36 months after loan approval. The loan may be up to 100% forgiven based  on either longevity of the business operating in Dublin and sales tax generation by the business as detailed below:

Longevity: The loan may be 100% forgiven based on longevity of the business operating in Dublin: For each year the business is in operation, one third (1/3) of the loan will be forgiven. If at the end of three years, the business is still in operation in Dublin, then the entire loan will be forgiven.

Sales Tax: For Sales Tax Generating businesses only: If during the three-year term of the loan, the business cumulatively produces sales tax revenue remitted to the City equal to or more than the amount of the loan, then the loan will be forgiven.

Microloan Program graphic showing storefront with text Dublin Small Business Emergency Microloan Pro

Summary of Microloan Program

Between May 26, 2020 and June 12, 2020, the City received 141 applications. Applications were reviewed on a first come, first served basis.

Utilizing a combination of City funds and Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") funds, the Program was able to provide microloans to 100 Dublin businesses (list of recipients coming soon)

The Program provided more than $888,000 in assistance to:

  • 64 Restaurants
  • 26 Personal Services/Other business types
  • 10 Retail Stores

Application Process

Read about the Program's application process on the Background webpage.