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## Business Recovery Center Opening in National City

The U.S. Small Business Administration (SBA) is taking steps to assist businesses affected by severe storms and flooding in National City from Jan. 21-23. A Business Recovery Center will open on Monday, Feb. 26, at 12 p.m. at the Southwestern College Higher Education Center, offering support to business owners seeking access to services and low-interest loans. This center, located at 880 National City Blvd, Room 7100, will operate Monday through Friday from 8:30 a.m. to 5 p.m. No appointments are necessary.

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## Access to Disaster Loans and Assistance

Businesses and private nonprofit organizations impacted by the storm may be eligible to borrow up to $2 million to repair or replace damaged property, equipment, inventory, and other assets. These loans can cover losses not fully compensated by insurance. Interest on SBA disaster loans will be deferred for 12 months, with repayment starting after the same period from the first disbursement. Applicants can visit SBA.gov/disaster, call 800-659-2955, or email [email protected] for more information and to apply online.

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## Important Deadlines and Additional Support

The deadline to apply for property damage is April 19, 2024, while the deadline for economic injury applications is Nov. 19, 2024. Homeowners affected by the storm can also apply for low-interest disaster loans through the SBA disaster assistance website. For further storm recovery resources and information on FEMA disaster assistance, individuals can visit AlertSanDiego.org/Recovery.

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