Deadline Approaching in California for SBA Working Capital Loans Due to Monsoon, Heavy Rain and Flash Flooding

Francisco Sánchez Jr., associate administrator for the Office of Disaster Recovery and Resilience at the Small Business Administration, today reminded small nonfarm businesses in three California counties and neighboring counties in Arizona of the Dec. 24, 2024, deadline to apply for an SBA federal disaster loan for economic injury. These low-interest loans are to offset economic losses because of reduced revenues caused by monsoon, heavy rain and flash flooding in the following primary counties that occurred Sept. 1, 2023.