SBA Updates

Winter Storms 2023: Low-Interest Federal Disaster Loans Now Available

Low-interest federal disaster loans are now available to California businesses and residents as a result of President Biden’s major disaster declaration. The declaration covers Merced, Sacramento and Santa Cruz counties as a result of severe winter storms, flooding, landslides, and mudslides that began Dec. 27, 2022. *If you are in need of assistance, take action on the steps listed below as soon as possible*

Types of Loans to be made available:

  • Business Physical Disaster Loans: Loans to businesses to repair or replace disaster-damaged property owned by the business, including real estate, inventories, supplies, machinery and equipment. Businesses of any size are eligible. Private, non-profit organizations such as charities, churches, private universities, etc., are also eligible. 
  • Economic Injury Disaster Loans (EIDL): 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.
  • Home Disaster Loans: Loans to homeowners or renters to repair or replace disaster-damaged real estate and personal property, including automobiles.

To be considered for all forms of disaster assistance, business owners must:

  1. Register via the Federal Emergency Management Agency (FEMA) at or call 1-800-621-3362. As soon as Federal-State Disaster Recovery Centers open throughout the affected area, SBA will provide one-on-one assistance to disaster loan applicants. Additional information and details on the location of disaster recovery centers is available by calling the SBA Customer Service Center at (800) 659-2955. *Complete this step as soon as possible*
  2. Apply for a Disaster Loan via the SBA here:

For individual and households seeking disaster assistance, please check out FEMA’s Individual and Household Program (IHP) page: or call toll-free at 800-621-3362

For business owners that would like to access business assistance services in person, there is a Sacramento County Business Recovery Center open in Elk Grove.

LOCATION: The Hub, 9072 Elk Grove Boulevard, Elk Grove, CA, 95624

HOURS: Monday-Friday, 8am-5pm