SBA Disaster Loans for Businesses and Residents Affected by Civil Unrest

By June 8, 2021 No Comments

Low-interest federal disaster loans are available to California businesses and residents affected by the recent civil unrest beginning May 26, 2020.

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 disaster declaration makes SBA assistance available in Kern, Los Angeles, Orange, San Bernardino, and Ventura counties.

In response to the COVID-19 pandemic, the SBA will establish a virtual Disaster Loan Outreach Center to answer questions about disaster loans offered by the SBA, explain the application process, and help each individual complete their electronic loan application.

Applicants may also apply online, receive additional disaster assistance information, and download applications at https://disasterloanassistance.sba.gov/.  Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email [email protected]gov for more information on SBA disaster assistance.