SACRAMENTO, Calif. –The amount some wildfire survivors receive from insurance, grants and other sources may come up short for repairing or rebuilding their business or home to its pre-disaster condition. A disaster loan may fill this critical gap.
The U.S. Small Business Administration offers eligible wildfire survivors affordable financial help in the form of low-interest, long-term disaster loans. As of Oct. 1, SBA had made 146 wildfire disaster loans valued at more than $16.1 million: 14 to businesses and 132 to individual survivors of California’s August wildfire siege.