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SBA Offers Disaster Assistance to California Small Businesses Economically Impacted by the Highway 1 Collapse and Closure
The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses economically impacted by the Highway 1 collapse and closure in Monterey County that began March 30, SBA’s Administrator Isabella Casillas Guzman announced today. SBA acted under its own authority to declare a disaster following a request received from Gov. Newsom on April 26.
The disaster declaration makes SBA assistance available in Fresno, Kings, Monterey, San Benito, San Luis Obispo and Santa Cruz counties.
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