County, State and Federal Agencies Helping Flood-impacted River Businesses
County officials are working to bring programs to help businesses get back on their feet. State and Federal officials are still working to determine Federal Disaster status that will unlock FEMA support.
The Local Assistance Center set up at the Bank of America Building in Guerneville will be open from 9-6 through next weekend – go there for individual advice on programs open for residents, workers, and businesses.
There are two loan disaster assistance programs that businesses should look into right away:
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California Small Business Loan Guarantee Program &
Disaster Relief Loan Guarantee Program
www.ibank.ca.gov │916.341.6600 │ SBFC@ibank.ca.gov
Use of Funds
New Construction
Inventory
Working Capital
Lines of Credit
Agriculture
Disaster Relief
LoanGuaranteeTerms
Loans up to $20 million
Maximum guarantee$2.5 million
Guaranteed up to 7 years;
term can be longer
Guarantees up to 80% – 95% of loan
Qualifications based on lender criteria
More info here.
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Working Solutions is offering a special loan
product to help businesses rebuild.
Diana Chavez
415-780-1222 | diana@workingsolutions.org
Emergency Relief Loans Available:
In order to support the recovery of our North
Bay communities affected by recent floods.
Préstamos de Emergencia :
Para apoyar la recuperación de las
comunidades afectadas por las inundaciones
en el Norte de la Bahía, Working Solutions
ofrece un producto de préstamo especial para
la reconstrucción de su empresa.
Loans of $5-50,000 with deferred payments for 6 months and waived application fees.
More information here. Mas informacionaqui
We will have the fliers and information at the Chamber office, or message us here and we’ll forward you the information.
Also, we learned at the Community meeting today that the United Way is setting up a fund and there are additional resources coming that the County is working on with State and Federal Officials. We will keep you informed as this develops.