National City Federal Recovery Center Temporarily Closes

โ€”

by

in

The federal recovery center in National City, aiding businesses impacted by recent flooding, will temporarily close starting Monday.

Services Paused During Spring Break

Operated by the U.S. Small Business Administration (SBA) at Southwestern College, the closure is due to the institution’s spring break. Normal operations will resume on April 2.

The National City Business Recovery Center opened nearly a month ago, following severe flooding on Jan. 22 that caused significant damage to local businesses.

Assistance Amid Disaster Declaration

This initiative followed a major disaster declaration by the Biden Administration for San Diego County and other affected regions in California, unlocking funds from the Federal Emergency Management Agency (FEMA).

Additional Recovery Centers

Since its inception, two more recovery centers have been established by SBA officials: one at the Mountain View Community Center and another at the Spring Valley Library. Both centers will remain operational during the hiatus of the Southwestern College site.

Assistance Details

At these recovery centers, businesses of all sizes and non-profits can apply for loans of up to $2 million. These loans can be utilized for repairing and replacing damaged real estate, machinery, equipment, inventory, and more. Additionally, funds may be allocated for improvements aimed at mitigating future disaster damage.

Applicants can submit their requests online through the SBA’s website or contact the Customer Service Center.

Homeowner Assistance

Apart from business support, the federal government is also offering low-interest disaster loans to homeowners. These loans, up to $500,000, aim to assist in property repairs. Additionally, up to $100,000 is available for repairing or replacing personal property.

Application Deadlines

The deadline to apply for property damage loans is April 19, while the deadline for economic injury loans is Nov. 19.

Aid Amidst Adversity

As communities continue to recover from the recent flooding, the temporary closure of the National City Federal Recovery Center underscores the ongoing efforts to support businesses and homeowners in rebuilding their lives. With various assistance programs in place and accessible through multiple channels, affected individuals and entities have avenues to navigate through these challenging times.

Source


DISCLAIMER: This article is written by AI. If any of your copyrighted materials, similar names or likeness is used herein it was done accidentally and can be fixed by sending an email to [email protected] explaining the problem. We will rectify any issues immediately. However, any copyrighted or trademarked materials that are used here are protected under 17 U.S.C. § 107 – U.S. Code – Unannotated Title 17. Copyrights § 107. Limitations on exclusive rights: Fair use in that it is provided for purposes of reporting the news.
Visited 1 times, 1 visit(s) today

DISCLAIMER: This article is written by AI. If any of your copyrighted materials, similar names or likeness is used herein it was done accidentally and can be fixed by sending an email to [email protected] explaining the problem. We will rectify any issues immediately. However, any copyrighted or trademarked materials that are used here are protected under 17 U.S.C. ยง 107 – U.S. Code – Unannotated Title 17. Copyrights ยง 107. Limitations on exclusive rights: Fair use in that it is provided for purposes of reporting the news.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Like Our New App?

Download The Local News App to your device to stay up to date with all the local news in your area.

Just follow the prompt when it comes up and enjoy.