CALIFORNIA

Herb Aarons
California Coastal Rural Development Corporation
221 Main Street
Suite 301
Salinas, CA 93901
(831) 424-1099
FAX (831) 424-1094
http://www.calcoastal.org/
Herb_Aarons@calcoastal.org
Organization Began: 1982

Loan Guaranty Program
1982
Wendy Franscioni and Catharine Manset
State of California
Diversified small businesses
Promotes small enterprises with special emphasis on assisting those that will create or retain jobs.

Farm Loan Program
1988
Jose Guerra and Bob Musick
State of California/USDA
Small farmers/small businesses
Provides loans to family farms eligible for an FSA guarantee. Funds may be used for crop production, harvest, farm ownership, improvements or equipment acquisition. Funds may also be used for non-farm rural development projects and micro loans.

Intermediary Relending Loan Program
1992
Wendy Franscioni, Catharine Manset and Bob Musick
USDA/Rural Development
Rural businesses
Provide loans to non-farm rural businesses.

SBA Micro Loan Program
1998
Carole Davis and Ruth Moran
SBA
existing, small businesses and start-up businesses
Provides start-up and expansion funding for small businesses.

B & I / NADBANK
1999
USDA/Rural Development
Target: Rural, fixed asset
Long term asset financing for rural businesses.

Certified Development Company
2001
Wendy Dodson
SBA
Rural, fixed asset
Larger fixed asset long-term loans

SBA 504 Certified Development Company
Wendy Franscioni and Catharine Manset
Small Businesses
Larger fixed asset long term loans
Primarily for real estate

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