Aid Available for Angelenos Impacted by Early February Storm

Federal aid is now available for Angelenos and businesses impacted by the historic early February storms. Residents, small business owners and other Angelenos who were impacted can apply for the low-interest disaster loans with the federal government. 

The Virtual Disaster Loan Outreach Center opened, May 20. The Center will be open weekdays 8 a.m. to 4:30 p.m.. Angelenos can call 916-735-1501 for direct assistance or email FOCWAssistance@sba.gov. The deadline to apply for property damage is July 16, 2024. The deadline to apply for economic injury is Feb. 18, 2025.

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to businesses and homeowners to help with the cost of improvements to protect, prevent or minimize damage from occurring in the future.

For small businesses, most private nonprofit organizations of any size, and other qualifying entities, SBA offers economic injury disaster loans to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage. Disaster loans up to $500,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $100,000 to repair or replace damaged or destroyed personal property, including personal vehicles.

Applicants may apply online and receive additional disaster assistance information at SBA.gov/disaster; call SBA’s customer service center at 800-659-2955 or email disastercustomerservice@sba.gov. For people who are deaf, hard of hearing, or have a speech disability, dial 7-1-1 to access telecommunications relay services.