Type:Notice
Citation:89 FR 97155
Reading Time:about a minute or two
The U.S. Small Business Administration (SBA) has declared a disaster for the State of California due to the Mountain Fire incident, which began on November 6, 2024. This declaration allows affected individuals and businesses in Ventura County and nearby areas to apply for disaster assistance loans. Applications are due by January 28, 2025, for physical damages and August 29, 2025, for economic injury. The disaster loans can be applied for online through the SBA's MySBA Loan Portal.
Simple Explanation
The government is helping people in California who were hurt by a big fire called the Mountain Fire. They can apply for special loans to fix things like homes and businesses that got damaged.