Posted by: Stan Russell | September 7, 2016

SBA Offers Disaster Assistance to those Affected by the Soberanes Fire

SBA Offers Disaster Assistance to California Businesses and Residents Affected by the Soberanes Fire

MONTEREY COUNTY Disaster Loan Outreach Center
County of Monterey (Former Broadway Health Center)
1292 Olympia Ave., Seaside, CA 93955
Center opens 9 a.m. Sept. 8, closes 6 p.m. Sept. 22
Mondays – Fridays, 9 a.m. – 6 p.m.

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

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. SBA can also lend additional funds to businesses and homeowners to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.

Low-interest federal disaster loans are available to California businesses and residents affected by the Soberanes Fire that began July 22, 2016, U.S. Small Business Administration (SBA) Administrator Maria Contreras-Sweet announced today. SBA acted under its own authority to declare a disaster in response to a request SBA received on Sept. 1, 2016, from Gov. Edmund G. Brown, Jr.’s designated representative, Mark S. Ghilarducci, director of the Governor’s Office of Emergency Services.

The disaster declaration makes SBA assistance available in Fresno, Kings, Monterey, San Benito, San Luis Obispo and Santa Cruz counties.

“SBA is strongly committed to providing California with the most effective and customer-focused response possible and we will be there to provide access to federal disaster loans to help finance recovery for businesses and residents affected by the disaster,” said Contreras-Sweet. “Getting our businesses and communities up and running after a disaster is our highest priority at SBA.”

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