Churches and other nonprofits may rebuild with SBA disaster loans

Churches, temples, mosques and other religious centers, as well as other private nonprofit organizations affected by wildfires in California’s Calaveras and Lake counties, are eligible to apply for U.S. Small Business Administration low-interest disaster loans to help rebuild. The deadline to apply is Monday, Nov. 23, 2015.

When the President declares a disaster, the SBA’s Office of Disaster Assistance is the primary source of federal funds for long-term recovery for businesses of any size, private non-profit organizations, homeowners and renters for disaster damage not fully covered by insurance or other compensation. SBA’s Office of Disaster Assistance is working in conjunction with the Governor’s Office of Emergency Services and the Federal Emergency Management Agency to help survivors recover as much as possible from this disaster.

Eligible private nonprofit organizations may borrow up to $2 million with an interest rate of 2.625 percent to repair or replace damaged or destroyed real estate, furniture, fixtures, appliances, equipment, vehicles, other assets and leasehold improvements.

The terms of the loan may be up to 30 years. The SBA sets loan amounts and terms based on each applicant’s financial condition. Interested organizations may apply before their insurance claims are settled.

The SBA loan also may include mitigation funding for improvements to protect against future disaster damage. This amount can be up to 20 percent of the total physical loss, as verified by the SBA.

For more information, nonprofits may call the SBA at 800-659-2955 (TTY) 800-877-8339, visit a disaster recovery center, or go to To locate the nearest disaster recovery center, go to Or, nonprofits may apply directly on SBA’s secure website at Registration with FEMA is also recommended; call 800-621-3362 or (TTY) 800-462-7585. Online registration is available at

Churches and other nonprofits also should investigate sources of aid from charitable agencies, volunteer groups and private donors.

For more information on California’s wildfire recovery, visit: or and follow us on Twitter @femaregion9 at and on Twitter @Cal_OES at

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