Updated on December 16, 2020 at 6:59 am
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Wednesday is the deadline for residents and business owners affected by the Bobcat and Lake fires to apply for disaster loans.
Businesses of all sizes and private nonprofit organizations may borrow up to $2 million from the U.S. Small Business Administration to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA low-interest loans can also help businesses pay for improvements to protect, prevent or minimize the same type of fire damage from occurring in the future.
Loans of up to $200,000 are available to homeowners to repair damaged or destroyed real estate. Homeowners and renters are also eligible for up to $40,000 to repair or replace damaged or destroyed personal property.
Deadline Looms For Bobcat, Lake Fire Victims to Apply For Disaster Loans nbclosangeles.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nbclosangeles.com Daily Mail and Mail on Sunday newspapers.
Residents impacted by Bobcat Fire have until Wednesday to apply for FEMA aid
Published
Bobcat Fire burns over 105k acres and more homes in danger
The Bobcat Fire in the Angeles National Forest continued its aggressive march, advancing again on Mount Wilson while prompting fresh evacuation orders as officials worked to prevent the flames from spreading out of the Antelope Valley foothills, where homes are believed to have burned.
LOS ANGELES - Residents impacted by the Bobcat Fire have until Wednesday to register for financial support from the Federal Emergency Management Agency.
FEMA gives eligible wildfire survivors financial support to help pay for needs such as rent, home repairs, medical/dental costs, funeral expenses and other disaster-related expenses. Also, FEMA may be able to help with disaster-caused damage that insurance doesn t cover.
By City News Service
TOPSHOT-US-FIRES
LOS ANGELES (CNS) - Residents impacted by the Bobcat Fire have until Wednesday to register for financial support from the Federal Emergency Management Agency.
FEMA gives eligible wildfire survivors financial support to help pay for needs such as rent, home repairs, medical/dental costs, funeral expenses and other disaster-related expenses. Also, FEMA may be able to help with disaster-caused damage that insurance doesn t cover.
The Bobcat Fire erupted in the Angeles National Forest on Sept. 6, blackening about 116,000 acres, destroying 171 structures, including 87 residences and the Nature Center at the Devil s Punchbowl Natural Area, and nearly burning down the Mt. Wilson Observatory. It damaged another 47 other structures, including 28 residences, and took weeks to fully contain.