paycheck protection program. borrower application form.. Concept: CDFI
Camino Financial
By: camino-financial
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Community Development Financial Institutions (CDFIs) that Offer PPP Loans

Maybe you’re ready to apply for a PPP loan so you can continue to pay your employees during the pandemic. But if you’re unsure where you can do it, don’t worry; we’ve got you covered. 

We’ve provided a list of CDFIs divided into specific states so you can access the information quickly. 

What is a CDFI?

CDFI, PPP

Commonly referred to as CDFIs, Community Development Financial Institutions help revive distressed economies and communities throughout the United States. These specialized financial organizations are certified to reach disadvantaged people in mostly black and brown communities. 

Certified CDFIs are also endorsed to help disburse PPP funds.

Small businesses, microenterprises, and low-income communities benefit from the affordable lending CDFIs provide.  

Why should I apply for PPP with a CDFI?

Because their goal is to make sure that impoverished communities gain access to funding, but it has become especially important since the COVID virus started wreaking havoc on small businesses’ finances. 

One advantage CDFIs have over banks is that they can offer a more personal customer service because they’re smaller and are closer to their communities. This is a huge advantage that can help small business owners solve any questions they might have when applying.

CDFIs that Offer PPP Loans

CDFI, PPP

As you’ll probably notice, some of these financial institutions offer PPP (Payroll Protection Program) assistance, so you can get some help filling out your application.

CDFIs Serving California

CDFI, PPP

1. Bankers Small Business CDC of California

This CDFI is located in San Diego, CA.

They offer PPP loans in California.

To get more info, you can:

2. California Farmlink

This CDFI is located in Aptos, CA

They offer PPP loans in California.

You can apply online at www.californiafarmlink.org.

To get more info, you can contact Reggie Knox at 831-425-0303.

They offer Spanish customer service.

3. Opportunity Fund

This CDFI is located in San Jose, CA.

They offer PPP loans in California.

You can apply online at www.opportunityfund.org.

To get more info, you can call them at 888-720-3215.

They offer Spanish customer service and individual PPP technical assistance.

CDFIs Serving Colorado

CDFI, PPP

1. Colorado Enterprise Fund

This CDFI is located in Denver, CO.

They offer PPP loans in Colorado.

You can apply online at www.coloradoenterprisefund.org

To get more info, you can contact Ceyl Prinster at 303-860-0242.

They offer Spanish customer service and individual PPP technical assistance.

CDFIs Serving Florida

CDFI, PPP

1. Black Business Investment Fund

This CDFI is located in Orlando, FL.

They offer PPP loans in Florida.

To get more info, you can:

CDFIs Serving New York

CDFI, PPP

1. Alternatives Federal Credit Union

This CDFI is located in Ithaca, NY.

They offer PPP loans in New York.

To get more info, you can:

Note: They have a voice mail available so you can leave your information, and they call you.

2. Ascendus

This CDFI is located in New York City, NY.

They offer PPP loans in New York.

To get more info, you can:

Note: They have a voice mail available so you can leave your information, and they call you.

3. Boc Capital Corp

This CDFI is located in Brooklyn, NY.

They offer PPP loans in New York.

To get more info, you can:

  • Visit their website www.bocnet.org
  • Contact Nancy Carin at 718-624-9115 

Note: They have a voice mail available so you can leave your information, and they call you.

4. Community Capital New York

This CDFI is located in Elmsford, NY.

They offer PPP loans in New York.

To get more info, you can:

Note: They have a voice mail available so you can leave your information, and they call you.

5. Renaissance Economic Development Corporation

This CDFI is located in New York City, NY.

They offer PPP loans in New York.

To apply, you need to fill out an interest form on the website available in English and Spanish:

Renaissance EDC – PPP Loan Interest

Once the form is reviewed, someone will call you back.

To get more info, you can:

They offer Spanish customer service and individual PPP technical assistance.

CDFIs Serving Texas

CDFI, PPP

1. BCL of Texas

This CDFI is located in Austin, TX.

They offer PPP loans in Texas.

You can apply online at www.bcloftexas.org

To get more info, you can contact Raquel Valdez at 512-912-9884.

They offer Spanish customer service and individual PPP technical assistance.

2. PeopleFund

This CDFI is located in Austin, TX.

They offer PPP loans in Texas.

To get more info, you can:

Note: They have a voice mail available so you can leave your information, and they call you.

CDFIs Serving Multiple States

CDFI, PPP

1. Clearinghouse CDFI

This CDFI is located in Lake Forest, CA.

They offer PPP loans in Arizona, California, Nevada, New Mexico.

To get more info, you can:

2. Lendistry

This CDFI is located in Los Angeles, CA.

They offer PPP loans in California, Georgia, Maryland, Pennsylvania.

To get more info, you can:

3. Rural Community Assistance Corporation

This CDFI is located in West Sacramento, CA.

They offer PPP loans in Arkansas, Arizona, California, Colorado, Hawaii, IDAHO, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming.

To get more info, you can:

  • Visit their website www.rcac.org.
  • Contact Juanita Hallstrom at 916-447-9832 or her direct number, 916-320-9805.

They offer Spanish customer service.

4. LiftFund

This CDFI is located in San Antonio, TX.

They offer PPP loans in Alabama, Arizona, Florida, Georgia, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Tennessee, Texas.

To get more info, you can:

  • Visit their website www.liftfund.com.
  • Contact Janie Barrera at 888-215-2373, Ext. 111.

Note: They have a voice mail available so you can leave your information, and they call you.

5. DreamSpring

This CDFI is located in Albuquerque, NM.

They offer PPP loans in Arizona, Colorado, Georgia, Nevada, New Mexico, North Carolina, Texas.

You can apply online at www.dreamspring.org.

To get more info, you can contact Marisa Barrera at 800-508-7624.

They offer Spanish customer service and individual PPP technical assistance.

6. Pursuit

This CDFI is located in New York City, New York.

They offer PPP loans in New York, New Jersey, Pennsylvania.

You can also apply online at www.pursuitlending.com.

To get more info, you can contact Steve Cohen at 800-923-2504.

They offer Spanish customer service and individual PPP technical assistance.

Note: Recorded message states to email [email protected]  for the quickest way to get help.

#CaminoTip
Didn’t find a CDFI that serves your state or locality? You can also use this CDFI locator to find a CDFI organization near you.

Get the Financing you Need

CDFI, PPP

If you aren’t quite sure if you can apply for the Payment Protection Program, you won’t know until you contact one of these CDFI offices. These organizations have trained personnel specializing in providing the best possible financing to help your business compete in the economy. 

If a PPP is not the right choice for you, you still have options.

Camino Financial is one of the few lenders that provide financing for business owners that only have an ITIN and haven’t established a credit history yet. We don’t require collateral and offer a range of microloans and small business loans to match our clients’ needs. Every aspect of our business is driven by our motto, “No Business Left Behind.”

Use our business loan calculator to see how much you’d pay monthly with a loan!

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