Cal EMA Acting Secretary Welcomes SBA Disaster Assistance for Wind Storm
*The following news release was issued by Cal EMA on Monday, December 19, 2011.*
MATHER – California Emergency Management Agency (Cal EMA) Acting Secretary Mike Dayton today welcomed news from U.S. Small Business Administration (SBA) Administrator Karen G. Mills that she has declared a disaster for Los Angeles County in response to the severe wind storm that struck the area from November 30 through December 4.
The declaration issued by the SBA Administrator makes homeowners, renters and business owners as well as private nonprofit organizations in Los Angeles County and the neighboring counties of Kern, Orange, San Bernardino and Ventura eligible to apply for low-interest disaster loans to help cover losses they sustained in the disaster.
“We’re pleased that SBA Administrator Mills acted favorably and quickly on our request for assistance on behalf of those who homes and businesses were destroyed or damaged as a result of the winds,” said Dayton, who on December 13 asked the SBA for assistance at the direction of Governor Edmund G. Brown, Jr.
The request for assistance from the SBA was based on the results of a preliminary damage assessment conducted on December 12 and 13 by recovery experts from Cal EMA and the SBA in conjunction with representatives of the Los Angeles County Office of Emergency Management and several affected cities.
“We recognize that disasters like the wind storm leave an indelible mark on people’s lives,” Dayton said. “We’re hopeful the low-interest disaster loans now available through the SBA will help put many homeowners, renters and business owners who suffered losses due to the wind storm on the road to a quick and full recovery.”
The SBA provides loans of up to $200,000 to help qualified homeowners repair or replace damaged or destroyed real estate. It also provides up to $40,000 to assist qualified homeowners and renters with the costs of repairing or replacing personal property that was destroyed or damaged.
Under the declaration, businesses of all sizes and private nonprofits can apply for loans of up to $2 million to help cover the costs of repairing or replacing damaged or destroyed real estate, machinery and equipment, inventories or other business assets. The declaration also makes small businesses, most private nonprofit organizations and agriculture-related businesses eligible to apply for Economic Injury Disaster Loans to help meet their disaster-related working capital needs.
Homeowners and business owners also can apply for additional loans to help pay for of improvements designed to protect against or prevent similar disaster-related damages in the future.
The application deadline for loans to help cover property damage is February 17, 2012; the deadline for EIDL applications is September 19, 2012.
Starting today at 1 p.m., SBA customer service representatives will be available at a Disaster Loan Outreach Center (DLOC) located at the Pasadena Fire Department’s Headquarters, 199 S. Los Robles Avenue, Suite 550, to issue loan applications, explain the SBA loan application process and assist applicants with their applications. Beginning December 20, DLOC hours will operate each day from 9 a.m. to 5:30 p.m. through Friday, December 23, and resume operations on Monday, January 9.
Applications are available at the SBA’s secure Web site, https://disasterloan.sba.gov.ela. Information and loan applications are available by phone at (800) 659-2955, email at email@example.com or the SBA Web site at www.sba.gov/services/disasterassistance. Assistance for people who are deaf or hard of hearing is available at (800) 877-8339.
# # #