2021 California Tire Workshop Series and Presenters

California Pollution Control Financing Authority CalCAP: What Businesses or Purposes are Eligible for CalCAP Loans? • Any business meeting the requirements as a “qualified business” and “small business concern” per our regulations. o Start-Ups? Yes! o Non-profits? Yes! o Fewer than 500 employees • Some restrictions on eligible purpose of the loan proceeds: o Refinancing? Depends on the source of original loan. o Commercial Real Estate? Yes! If property to be used for the operation of the business by the property owner. o No passive real estate: investment, trade, speculation or rental. o No gambling, shooting ranges, adult entertainment, tobacco products, alcohol sales.