SBA loans available to wind victims

Homeowners, renters, businesses and nonprofits are eligible. Starting today, SBA reps will be available to explain the loan program and the application process. From press release:

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 any size 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 homeowners and businesses to help with the cost of making improvements that protect, prevent or minimize the same type of disaster damage from occurring in the future.

The center will be open on the days and times indicated. No appointment is necessary.

Los Angeles County
Disaster Loan Outreach Center
Pasadena Fire Headquarters
(Across from the Hilton Hotel)
199 South Los Robles Avenue, Suite 550 (5th floor)
(Validated underground parking is available)
Pasadena, CA 91101

Opens Monday, December 19 at 1 pm
Open Tuesday, December 20 through Friday, December 23
9 am to 5:30 pm
Re-opens Monday, January 9, 2012 at 9 am
Open Monday, January 9 through Friday, January 20
9 am to 5:30 pm, Mondays through Fridays.

Applicants may apply online via SBA's secure Web site at https://disasterloan.sba.gov/ela.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
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