Churches, temples, mosques and other religious centers, as well as other private nonprofit organizations affected by wildfires in California’s Calaveras and Lake counties, are eligible to apply for U.S. Small Business Administration low-interest disaster loans to help rebuild. The deadline to apply is Monday, Nov. 23, 2015.
When the President declares a disaster, the SBA’s Office of Disaster Assistance is the primary source of federal funds for long-term recovery for businesses of any size, private non-profit organizations, homeowners and renters for disaster damage not fully covered by insurance or other compensation. SBA’s Office of Disaster Assistance is working in conjunction with the Governor’s Office of Emergency Services and the Federal Emergency Management Agency to help survivors recover as much as possible from this disaster.
Eligible private nonprofit organizations may borrow up to $2 million with an interest rate of 2.625 percent to repair or replace damaged or destroyed real estate, furniture, fixtures, appliances, equipment, vehicles, other assets and leasehold improvements.
The terms of the loan may be up to 30 years. The SBA sets loan amounts and terms based on each applicant’s financial condition. Interested organizations may apply before their insurance claims are settled.
The SBA loan also may include mitigation funding for improvements to protect against future disaster damage. This amount can be up to 20 percent of the total physical loss, as verified by the SBA.
For more information, nonprofits may call the SBA at 800-659-2955 (TTY) 800-877-8339, visit a disaster recovery center, or go to sba.gov/disaster. To locate the nearest disaster recovery center, go to fema.gov/drc. Or, nonprofits may apply directly on SBA’s secure website at https://disasterloan.sba.gov/ela. Registration with FEMA is also recommended; call 800-621-3362 or (TTY) 800-462-7585. Online registration is available at DisasterAssistance.gov.
Churches and other nonprofits also should investigate sources of aid from charitable agencies, volunteer groups and private donors.
For more information on California’s wildfire recovery, visit: caloes.ca.gov or fema.gov/disaster/4240 and follow us on Twitter @femaregion9 at Facebook.com/FEMA and on Twitter @Cal_OES at Facebook.com/CaliforniaOES.
FEMA’s mission is to support our citizens and first responders to ensure that as a nation we work together to build, sustain and improve our capability to prepare for, protect against, respond to, recover from and mitigate all hazards.
The SBA is the federal government’s primary source of money for the long-term rebuilding of disaster-damaged private property. SBA helps businesses of all sizes, private non-profit organizations, homeowners and renters fund repairs or rebuilding efforts and cover the cost of replacing lost or disaster-damaged personal property. These disaster loans cover losses not fully compensated by insurance or other recoveries and do not duplicate benefits of other agencies or organizations. For more information, applicants may contact SBA’s Disaster Assistance Customer Service Center by calling 800-659-2955, emailing firstname.lastname@example.org, or visiting SBA’s website at www.sba.gov/disaster. Deaf and hard-of-hearing individuals may call 800-877-8339.
Official information blog for the Lake County Office of Emergency Services