Economic injury loans available for small businesses and private nonprofits
Low interest disaster loans are available to small businesses and private nonprofit organizations to offset economic losses from the 2025 late December Storm, between Dec. 16 -26, 2026.
The SBA issued a disaster declaration in response to a request received from Gov. Gavin Newsom through Cal OES.
What types of Disaster Loans are Available?
- Economic Injury Disaster Loans (EIDL)
The disaster declaration covers the California counties of Alpine, Fresno, Inyo, Kern, Madera, Mono, San Luis Obispo, Santa Barbara, Tuolumne and Ventura as well as the Nevada counties of Douglas, Esmeralda, Lyon and Mineral.
SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries, and private nonprofits including faith-based organizations with financial losses directly related to this disaster.
EIDL’s are for working capital needs caused by the disaster and are available even if the business did not suffer any physical damage.
They can be used to pay fixed debts, payroll, accounts payable and other bills that could have been paid had the disaster not occurred.
What are the Credit Requirements:
- Credit history acceptable by SBA
- Ability to repay loans
Loan details include:
- Loan amount can be up to $2 million
- Interest rates as low as 4% for businesses and 3.625% for PNPs
- Terms up to 30 years.
- No payments due for the first 12 months, and no interest accrual during that period.
- Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement.
How to Apply:
Applicants can apply or get more information by:
- Visiting: sba.gov/disaster
- Calling: SBA Customer Service: (800) 659-2955
- Emailing: disastercustomerservice@sba.gov
- In person:
Disaster Loan Outreach Center
MONO COUNTY
Disaster Loan Outreach Center
June Lake Community Center
90 W. Granite Ave.
June Lake, CA 93529
Opens 1 p.m. Tuesday, Feb. 10
Mondays – Fridays, 9 a.m. – 6 p.m.
Closed Monday, Feb. 16 for the President’s Day Holiday
Closes permanently Friday, Feb. 20
MONO COUNTY
Disaster Loan Outreach Center
Lee Vining Community Center
296 Mattly Ave.
Lee Vining, CA 93541
Opens 11 a.m. Monday, Feb. 23
Mondays – Fridays, 9 a.m. – 6 p.m.
Closes permanently Thursday, Feb. 26
Deadline for Applications:
- November 6, 2026