The exterior of the Mountain View Community Center, where a FEMA Disaster Recovery Center has been established, is seen in this photo taken March 1, 2024. San Diego, Calif.
"At this stage of the recovery process, the emphasis for assistance is to meet the long-term needs of businesses and individuals that were impacted by the severe storm and flooding that occurred Jan. 21-23, 2024," said Francisco Sánchez Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration.
According to the SBA, although the deadline to apply for a loan for property damage has passed, small businesses, including those engaged in aquaculture, small agricultural cooperatives and most private nonprofit organizations of any size still have until Nov. 19, 2024, to apply for an economic injury disaster loan.Interest rates can be as low as 4% for businesses and 3.25% for private nonprofit organizations with terms up to 30 years.
"SBA representatives will continue to answer questions, explain the application process, help businesses apply for a low-interest disaster loan and close their approved disaster loans," Sánchez said.The Disaster Loan Outreach Center in Mountainview is located at 641 S. Boundary St., San Diego, and is open Mondays, Wednesdays, Thursdays and Fridays from 9 a.m. to 6 p.m. and Tuesdays, 9 a.m. to 5 p.m.; The Valley Center location is at 836 Kempton St.