SBA recovery office opens at Kerr McGee

Rebecca Neipp

News Review Staff Writer

SBA recovery office opens at Kerr McGeeDisaster recovery assistance for local residents and business owners who suffered from the July 4-5 earthquakes is now available through the Small Business Administration, which opened an office at the Kerr McGee Center, operating from 9 a.m. to 6 p.m. on weekdays.

Because of the declaration of emergency, the SBA will be offering low-interest loans to eligible applicants.

Business and private nonprofit organizations can borrow up to $2 million to repair or replace damaged and destroyed real estate, equipment and other property. Homeowners and renters can borrow up to $200,000 for damaged real estate and up to $40,000 for destroyed personal property.

“As your representative in Congress, be assured that I am working not only with the SBA, but with other federal agencies and departments to ensure that Ridgecrest and Kern County have the resources necessary to quickly recover from the July earthquakes so life can return to normal as quickly as possible,” said House Republican Leader Kevin McCarthy.

“I thank Gov. Gavin Newsom for his leadership in urging the SBA to provide federal assistance following the 6.4- and 7.1-magnitude earthquakes that shook our region,” said State. Sen. Republican Leader Shannon Grove.

“This declaration will help our business owners, renters and homeowners in the recovery process. It is critical for those seeking assistance to apply as soon as possible to receive swift support. With this help, our communities will rebuild stronger than ever before.”

The deadline to apply for property damage is Oct. 7. The deadline to apply for economic injury is May 7, 2020.

Pictured: Nina Sunseri talks with SBA Disaster Recovery Specialist Loren Jarvis at the Kerr McGee Center — Photo by Laura Austin

Story First Published: 2019-08-16