As anticipation grows for the method of Hurricane Hilary towards Santa Barbara County this weekend, the Small Enterprise Administration despatched a discover of latest low-interest loans made obtainable to people and companies struggling injury from the storms spanning February via July 2023.
The assistance comes from the Rural Communities Act signed by President Biden in December 2022, and affords help to properties, small companies, personal nonprofits, and small agricultural cooperatives with vital, uninsured damages from the previous winter’s storms. Within the case of Santa Barbara County, the injury has taken the type of misplaced wages for agricultural employees, crop injury because of flooding or wind, and bodily injury to properties and companies, in addition to broken or destroyed stock, provides, equipment, and tools, mentioned Jackie Ruiz, with the county’s Workplace of Emergency Administration.
For qualifying companies and personal nonprofits, as much as $2 million in loans is accessible, with rates of interest as little as 4 p.c for companies and a couple of.375 p.c for nonprofits. Householders are eligible for $500,000 to restore or substitute broken or destroyed actual property, and each house owners and renters can qualify for $100,000 to restore and substitute private property, together with autos. Rates of interest are as little as 2.375 p.c for house owners and renters. Curiosity doesn’t accrue till 12 months from mortgage disbursement.
The deadline to use for property injury loans is October 10, 2023; for financial harm, the deadline is Might 9, 2024. The span of time for the losses is February 21 via July 10, 2023.
Data on qualifying for the catastrophe help is accessible by e mail and phone: disastercustomerservice@sba.gov or (800) 659-2955. Extra will be discovered on SBA’s Catastrophe Mortgage Help web page right here, and extra assets are on the county’s ReadySBC.org web site.
Useful data from the SBA in English and Spanish follows:
Rural Declaration CA 18051 Announcement
HOW TO APPLY for SBA’s federal low-interest catastrophe help mortgage:
On-line: Apply For A Catastrophe Mortgage (sba.gov) [disasterloanassistance.sba.gov]
SBA has established a Digital Catastrophe Mortgage Outreach Middle to offer customized help to enterprise house owners, householders, and renters. SBA Buyer Service Representatives will likely be obtainable to enterprise house owners and people to reply questions on SBA’s catastrophe mortgage program, clarify the applying course of and assist every particular person full their digital mortgage utility. Candidates could name or e mail as indicated under.
Digital Catastrophe Mortgage Outreach Middle
Monday–Friday
8 a.m.–4:30 p.m.
FOCWAssistance@sba.gov
(916) 735-1512
SBA affords federal low-interest catastrophe loans to companies of all sizes, most personal nonprofit organizations, householders, and renters.
- Companies of any dimension could borrow as much as $2 million to restore or substitute catastrophe broken property.
- Small companies, small companies engaged in aquaculture, and most personal nonprofit organizations could borrow as much as $2 million to assist meet working capital wants brought on by the catastrophe.
- Householders could borrow as much as $500,000 to restore or substitute their catastrophe broken major residence.
- Householders and renters could borrow as much as $100,000 to exchange catastrophe broken private property, together with autos.
- Curiosity doesn’t start to accrue till 12 months from the date of the preliminary catastrophe mortgage disbursement. SBA catastrophe mortgage compensation begins 12 months from the date of the primary disbursement.
A continuación, más información sobre la Declaración Rural CA 18051:
Daño físico: 10 de octubre de 2023
Daño económico: 9 de mayo de 2024
Cómo solicitar préstamos de asistencia para desastre a bajo interés de la SBA:
En línea: Préstamos por daños físicos | U.S. Small Enterprise Administration (sba.gov)
La SBA ha creado un Centro Digital de Promoción y Asistencia para Préstamos para Desastres (VDLOC, por sus siglas en inglés) para ofrecer asistencia personalizada a empresarios, propietarios de viviendas e inquilinos. Los representantes del servicio al cliente de la SBA estarán disponibles para responder sus preguntas sobre el programa de préstamos para desastre de la SBA, explicar el proceso de solicitud y ayudar a cada persona a completar su solicitud electrónica de préstamo. Los solicitantes pueden llamar o enviar un correo electrónico como se indica a continuación.
Centro Digital de Promoción y Asistencia para Préstamos para Desastres lunes-viernes 8 a.m.–4:30 p.m. FOCWAssistance@sba.gov (916) 735-1512
La SBA ofrece préstamos federales de bajo interés por desastre a negocios de todos los tamaños, la mayoría de las organizaciones privadas sin fines de lucro, propietarios de viviendas e inquilinos.
- Los pequeños negocios de cualquier tamaño pueden pedir prestado hasta $2 millones para reparar o reemplazar propiedades dañadas por el desastre.
- Las pequeños negocios, las pequeñas empresas dedicadas a la acuicultura y la mayoría de las organizaciones privadas sin fines de lucro pueden pedir prestado hasta $2 millones para ayudar a cubrir las necesidades de capital de trabajo causadas por el desastre.
- Los propietarios de viviendas pueden pedir prestado hasta $500,000 para reparar o reemplazar su residencia principal dañada por el desastre.
- Los propietarios de viviendas e inquilinos pueden pedir prestado hasta $100,000 para reemplazar bienes personales dañados por el desastre, incluidos vehículos.
- Los intereses no comienzan a acumularse hasta 12 meses después de la fecha del primer desembolso del préstamo por desastre. El pago del préstamo para desastre de la SBA comienza 12 meses después de la fecha del primer desembolso.
