Disaster Assistance Following Ridgecrest Earthquakes

Disaster Assistance Following Ridgecrest Earthquakes

August 8, 2019

 

SACRAMENTO – Governor Gavin Newsom has announced that the U.S. Small Business Administration (SBA) has approved the state’s request this week for disaster assistance for California businesses and residents affected by the series of large-magnitude earthquakes near Ridgecrest last month.

The SBA’s disaster declaration will make low-interest federal disaster loans available to impacted residents and businesses in Kern and San Bernardino counties as well as the neighboring counties of Inyo, Kings, Los Angeles, Orange, Riverside, San Luis Obispo, Santa Barbara, Tulare and Ventura.

“These federal disaster loans will help support homeowners, renters, businesses and others grappling with the loss or damage of property across the region get back on their feet,” said Governor Newsom. “I thank the SBA for making this a priority.”

Businesses of all sizes 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 businesses and homeowners to help with the cost of improvements to protect, prevent or minimize future disaster damage. 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.

Applicants can apply online at https://disasterloan.sba.gov/ela or call SBA’s Customer Service Center at 800-659-2955 or email disastercustomerservice@sba.gov for more information on the available assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. 

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