Governor Gavin Newsom today announced that the administration has formally requested that the U.S. Small Business Administration (SBA) declare a disaster for the damage caused by a series of large-magnitude earthquakes near Ridgecrest last month.
If approved, the SBA disaster assistance program will make low-interest loans available to eligible residents and businesses in San Bernardino and Kern counties.
"The loss or damage of personal property following a natural disaster can have a significant financial impact on families and businesses," said Governor Newsom. "The availability of these low-interest loans will provide needed relief to our residents as they continue to recover from the impacts of these earthquakes."