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Small Business Administration offering disaster loans for victims of wildfires

The United States Small Enterprise Administration (SBA) is providing low-interest catastrophe loans to non-farm companies of all sizes, personal nonprofits, owners and renters within the counties of Tehama, Lassen, Nevada, Placer, Plumas and Trinity who suffered losses attributable to the wildfires that started on July 14.

Kinds of loans out there are:

People and Households:
Owners: as much as $200,000 to restore or exchange actual property injury and as much as $40,000 to exchange private property. Renters: as much as $40,000 to restore or exchange private property.

Property Injury: as much as $2,000,000 to restore or exchange actual property, equipment and tools, stock and different property that have been broken or destroyed (out there to companies of any dimension and personal, non-profit organizations).

Financial Damage: just for small companies and most personal non-profit organizations struggling antagonistic monetary impacts of the catastrophe (with or with out property loss), as much as $2,000,000 for working capital to assist pay obligations till regular operations resume.

For added help, SBA has established a Digital Catastrophe Mortgage Outreach Heart that’s open 5 a.m. to five p.m. Monday by means of Friday.

An SBA customer support consultant may be contacted by way of e mail at [email protected] or by telephone at 800-659-2955. SBA will reply particular questions on how a catastrophe mortgage could assist every survivor recuperate from the catastrophe injury and can present one-on-one help in finishing purposes for these loans.

To use on-line, go to https://disasterloanassistance.sba.gov.


source : redbluffdailynews.com

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