Loans for Businesses, Private Nonprofits, Homeowners and Renters
Disaster Field Operations Center–West, P.O. Box 419004, Sacramento, CA 95841
Release Date: February 11, 2016
Media Contact: Richard Jenkins
Release Number: CA 14609-02
Phone: (916) 735-1500
SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) added Monterey, Santa Barbara, Santa Clara and Ventura counties to its February 2 disaster declaration for the ocean conditions resulting in the delayed Commercial Dungeness Crab Season set to open on November 15, 2015, and the November 6, 2015, closure of the Commercial Rock Crab Fishery, SBA Administrator Maria Contreras-Sweet announced today. SBA amended its disaster declaration following a February 5 request from Gov. Edmund G. Brown, Jr.’s designated representative, Mark S. Ghilarducci, Director of the Governor’s Office of Emergency Services.
Low-interest federal disaster loans from SBA are available to help small businesses and private nonprofit organizations meet financial needs caused by the Commercial Dungeness Crab Season delay and the closure of the Commercial Rock Crab Fishery.
Disaster loans are available in Alameda, Alpine, Amador, Butte, Colusa, Contra Costa, Del Norte, El Dorado, Fresno, Glenn, Humboldt, Kern, Kings, Lake, Los Angeles, Marin, Mendocino, Merced, Monterey, Napa, Nevada, Placer, Plumas, Sacramento, San Benito, San Francisco, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara, Santa Clara, Santa Cruz, Sierra, Siskiyou, Solano, Sonoma, Stanislaus, Sutter, Tehama, Trinity, Ventura, Yolo and Yuba in California; Douglas and Washoe counties in Nevada; and Curry and Josephine counties in Oregon.
SBA is offering working capital loans of up to $2 million at an interest rate of 4 percent for small businesses and 2.625 percent for private nonprofit organizations with terms up to 30 years. “SBA Economic Injury Disaster Loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. These loans can provide vital economic assistance to fishing and fishing-dependent businesses to help overcome the temporary loss of revenue they are experiencing,” said Tanya N. Garfield, Director of SBA’s Disaster Field Operations Center – West.
“SBA customer service representatives will be in the affected communities along the California coast to meet individually with business owners to answer questions, explain the application process, and help them complete their application,” Garfield continued.
Some eligible businesses include: small businesses engaged in crab fishing in the waters affected by the delay of the Commercial Dungeness Crab Season or the closure of the Rock Crab Fishery; small businesses dependent on the catching or sale of crab, including suppliers of fishing gear and fuel, docks, boatyards, processors, wholesalers, shippers, and retailers; and other small businesses dependent on revenue from the above.
At the following SBA Disaster Loan Outreach Centers, representatives will answer questions about SBA’s disaster loan program, explain the application process and help each business owner complete their application. The centers will be open on the days and times indicated. No appointment is necessary.
SANTA BARBARA COUNTY
SBA Disaster Loan Outreach Center
Santa Barbara Harbor Community Room
113 Harbor Way
(access adjacent to the valet parking area)
Santa Barbara, CA 93109
Opens Monday, February 22 at 8 a.m.
Monday and Tuesday, 8 a.m. – 5 p.m.
Center closes Tuesday, February 23 at 5 p.m.