Following the Biden Administration’s Major Disaster Declaration in the wake of severe winter storms, Economic Injury Disaster Loans are available for eligible businesses in Santa Clara County from the Small Business Administration (SBA).
Economic Injury Disaster Loans are working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period, which began on December 27, 2022.
More information including credit requirements, interest rates, loan terms and more are available in the SBA’s Fact Sheet.
Application Filing Deadline
October 16, 2023
Resources
Disaster Declaration Information
SBA Disaster Loan Application Portal
Questions
Call the SBA at 800-659-2955
Email the SBA at disastercustomerservice@sba.gov