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SBA outlines Economic Injury Disaster Loan program and application deadlines for Malibu businesses and nonprofits
Summary
A U.S. Small Business Administration representative briefed the council and residents on disaster loan options after recent fires, emphasizing a Oct. 8 deadline for EIDL business applications, interest rates and local customer‑service centers.
A public information officer from the U.S. Small Business Administration (SBA) presented to the Malibu City Council and the public on June 23 about Economic Injury Disaster Loan (EIDL) assistance available to businesses, nonprofits and landlords affected by the January fire incidents.
Corey Williams, SBA Public Information Officer for the Office of Disaster Recovery Resilience, described the EIDL working‑capital program: unsecured loans up to $25,000 initially, with the possibility of full loans of up to $2,000,000 for eligible applicants; interest rates for…
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