The Federal Emergency Management Agency (FEMA) has added San Luis Obispo County to the major disaster declaration President Joe Biden approved on January 14. View the press release and fact sheet, as well as Spanish-language support here: Disaster Details (sba.gov).
Storm victims can apply online at DisasterAssistance.gov, call FEMA at (800) 621-3362 or download the FEMA app. Additional information and details on the location of disaster recovery centers is available by calling the SBA Customer Service Center at (800) 659-2955.
Summary of Fact Sheet provided below:
- Businesses of all sizes 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.
- For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic injury assistance is available to businesses regardless of any property damage.
- Interest rates can be as low as 3.305 percent for businesses. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.