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SBA outlines disaster-loan options and March 31 deadline for Agoura Hills residents
Summary
A Small Business Administration representative told the Agoura Hills City Council about low-interest disaster loans for homeowners, renters, businesses and nonprofits after recent wildfires and explained application methods and local recovery centers.
Natalie Longwell, public information officer for the Small Business Administration’s Office of Disaster Recovery and Resilience, told the Agoura Hills City Council that homeowners, renters, businesses and nonprofits in designated disaster areas may be eligible for low-interest federal disaster loans and urged affected residents to apply before the physical-damage deadline of March 31.
Longwell said the SBA provides loans to help repair or replace buildings, equipment and contents and to cover mitigation costs. She said businesses and nonprofits may borrow up to $2,000,000 for…
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