On Sep. 13, 2024, SBA published federal registernotice on Disaster Declaration 20612 for the Lake Fire in Santa Barbara county; adjacent Kern, San Luis Obispo, Venture.
Declaration makes EIDLs available eligible counties as designated; number is 206120.
Applications for the Economic Injury Disaster Loans are due no later than Jun. 6, 2025.
On Sep. 6, SBA offered aid to CAL businesses impacted by Lake Fire.
SBA offered disaster assistance to California small businesses economically impacted by the Lake Fire, which occurred from Jul. 5 to Aug. 4, 2024, in the State of California.
Follows CAL LEG reportedFire Management Assistance Grant (FMAG) aid, #225167.
Eligibility
California counties of Kern, San Luis Obispo, Santa Barbara and Ventura are eligible.
Small nonfarm businesses, agricultural cooperatives, businesses engaged in aquaculture, most private nonprofits may qualify for Economic Injury Disaster Loans.
EIDLs of up to $2 million are available to help meet financial obligations and operating expenses which could have been met by the victims had the disaster not occurred.
Loans may be used to pay fixed debts, payroll, accounts payable and other bills.
Eligibility based on financial impact of disaster only, not on actual property damage.
Application Deadline
Completed applications for EIDLs must be submitted to SBA by Jun. 6, 2025.
Sep. 2024 SBA Economic Injury Disaster
On Sep. 13, 2024, SBA published federal registernotice on Disaster Declaration 20612 for the Lake Fire in Santa Barbara county; adjacent Kern, San Luis Obispo, Venture.
Declaration makes EIDLs available eligible counties as designated; number is 206120.
Applications for the Economic Injury Disaster Loans are due no later than Jun. 6, 2025.
Regulators
SBA
Entity Types
CNSM; Corp
Reference
89 FR 75006, 9/13/2024; PR CA 20612-01, 9/6/2024; Disaster Declaration #20612; CALIFORNIA Disaster Number CA-20022 Declaration of Economic Injury;
