REGION : Fire Victims Have Until Feb. 25 to Apply for Loans
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Homeowners and business owners who suffered property damage in the fall firestorms will have until Feb. 25 to file for Small Business Administration low-interest loans, the SBA said Thursday.
The agency has approved 460 disaster loans totaling more than $31 million to Southern Californians as a result of the fires, according to Mike Howland, acting regional administrator of the agency in San Francisco.
Loans are available to homeowners for up to $100,000 to repair or replace damaged real estate. Homeowners and renters are eligible for loans of up to $20,000 for personal property losses. Business owners may qualify for up to $1.5 million.
Three agency centers remain open from 9 a.m. to 6 p.m. Mondays through Saturdays: at 664 N. Coast Highway, Laguna Beach; 23661 Pacific Coast Highway, Malibu; and 3746 Foothill Blvd., Pasadena.
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