Disaster press release CA 15438-03

CA 15438-03 SBA Tops $20 Million in Disaster Assistance Loans

SACRAMENTO, Calif. - Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West announced today that...


SACRAMENTO, Calif. -

Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West announced today that SBA has approved more than $20 million in federal disaster loans for California businesses and residents impacted by the wildfires, flooding, mudflows and debris flows directly related to the wildfires in Los Angeles, San Diego, Santa Barbara and Ventura counties that began Dec. 4, 2017. According to Garfield, SBA has approved $2,576,700 for businesses and $18,543,200 for residents to help rebuild and recover from this disaster.

“SBA’s disaster assistance employees are committed to helping businesses and residents rebuild as quickly as possible,” said Garfield. Businesses and residents who sustained damages are encouraged to register prior to the March 16, 2018, deadline with the Federal Emergency Management Agency at


www.disasterassistance.gov


. “Don’t miss out on any assistance you may be entitled to by not registering for help. You don’t need to wait for your insurance to settle or obtain a contractor’s estimate,” she added.

SBA continues to provide one-on-one assistance to businesses and residents at the following locations on the days and times indicated. No appointment is necessary.

SANTA BARBARA COUNTY

Disaster Recovery Center

Calvary Chapel Santa Barbara

(West side entrance of building)

1 N. Calle Cesar Chavez

Santa Barbara, CA  93103

Mondays - Tuesdays, 9 a.m. - 6 p.m.

Wednesdays, 9 a.m. - 3 p.m.

Thursdays - Fridays, 9 a.m. - 6 p.m.

Saturdays, 9 a.m. - 3 p.m.

VENTURA COUNTY

Disaster Recovery Center

Ventura County Credit Union

6026 Telephone Road

Ventura, CA  93003

Mondays - Wednesdays, 9 a.m. - 4 p.m.

Thursdays - Fridays, 9 a.m. - 5 p.m.

Saturdays, 9 a.m. - 1 p.m.



Closed on Presidents Day, Monday, Feb. 19

Businesses and residents can also meet with SBA representatives at following location until the center closes at 6 p.m. on Thursday, Feb. 15.

SAN DIEGO COUNTY

Disaster Loan Outreach Center

Bonsall Community Center

31505 Old River Road

Bonsall, CA  92003

Mondays - Fridays, 9 a.m. - 6 p.m.



Closes 6 p.m. Thursday, Feb. 15

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. The SBA can also lend additional funds to help business and residents with the cost of making improvements that protect, prevent or minimize the same type of disaster damage from occurring in the future.

For small businesses and most private nonprofit organizations of all sizes, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage.

Disaster loans up to $200,000 are available to homeowners to repair or replace their damaged or destroyed primary residence. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

Applicants may apply online, receive additional disaster assistance information and download applications at


https://disasterloan.sba.gov/ela


. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email


disastercustomerservice@sba.gov


for more information on SBA disaster assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX  76155.

The deadline to apply for property damage is March 16, 2018. The deadline to apply for economic injury is Oct. 15, 2018.

Related programs: Disaster

Media contacts

U.S. Small Business Administration