IHOP – Banner
Nothing Bundt Cakes – Banner
SCV Senior Center – Touch A Truck 2015 – Banner
All Americans Bail Bonds – Banner
Hugo Naturals – Banner
Union Bank – Banner
SCV Chinese School – Banner
Newhall Land – Banner
College Of The Canyons – Banner
Brent’s Carpet One – Banner
Simply Taylored – Banner
Academy Swim Club – Banner
San Diego Zoo – Generic – Banner
SCV Chinese School – Banner 2
AV Party Rental – Banner
Disneyland – Diamond Celebration – Banner
Patterson’s Collision Center – Banner
Newhall Land – 2015 – Banner
Adage IT – Banner
Action Family Counseling – Banner
Galpin Motors – Banner
Valencia Town Center – Farmer’s Market – Banner
Green Convergence – Sun Power – Banner
PizzaRev – Banner
Santa Clarita Autosound – Banner
Beyond Harmony – Banner
Facey – Banner
Santa Clarita Transit – Dump the Pump – Banner
It is forecast to be Clear at 7:00 PM PDT on May 24, 2015
Home » Santa Clarita News » SBA Offers Financial Assistance To Those Affected By Powerhouse Fire
SBA Offers Financial Assistance To Those Affected By Powerhouse Fire

SBA Offers Financial Assistance To Those Affected By Powerhouse Fire

The U.S. Small Business Administration will be at Hughes-Elizabeth Lakes School until July 11 to offer Disaster Assistance for those affected by the Powerhouse Fire


Don’t miss a thing. Get breaking Santa Clarita news alerts delivered right to your inbox.


“It is a federally insured loan that requires one to be a taxpayer, a current citizen and to be a resident of the property meaning that their property was not a vacation home,” said Burl Kelton, spokesman for the SBA.


In the Powerhouse Fire, 30 homes were destroyed in addition to 28 outbuildings. The total cost of the operation has risen to $20 million. The fire has burned approximately 32,032 acres. Southern California Edison lost 137 utility poles during the fire, which caused a power outage.


“It was scary: being told we had to leave, and not knowing what to take,” Lake Hughes resident Shellie Rericha said about the fire.


Customer service representatives will be available Monday through Friday, 8 a.m. to 4:30 p.m. to aid property and business owners in filling out a disaster-loan request form.


“We found out through Sacramento, the most important thing to us is your insurance company, policy number, phone number and agent’s name and number,” said Susan Hapgood, customer service representative for the SBA.


“If you don’t have this information, it can tie the loan up for two or three weeks,” she said.


The types of disaster loans available include Home Disaster, Business Physical Disaster and Economic Injury Disaster loans that can be up to $200,000 for home loans and $2 million for business loans.


“Insurance very seldom covers a complete recovery — it might cover the structure or some personal property, but typically, people don’t have enough insurance to cover everything,” Kelton said.


“We can help fill in the extra money that they need,” he said.


Credit requirements include and acceptable credit history, ability to repay the loan and collateral for physical loss loans over $14,000, and all EDIL loans over $5,000.


“We are here on the invitation from the government to come in and help the community rebuild,” Kelton said.


“We come out and we’re looking to put you where you were the day before the disaster,” Hapgood said.

Do you have a news tip? Call us at (661) 298-1220, or drop us a line at community@hometownstation.com.

SBA Offers Financial Assistance to Those Affected By Powerhouse Fire

SBA Offers Financial Assistance to Those Affected By Powerhouse Fire
Source: Santa Clarita News
Jessica Boyer

SBA Offers Financial Assistance To Those Affected By Powerhouse Fire

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

About Jessica Boyer

Jessica is an award-winning journalist, photographer, videographer and artist. She has worked with news organizations including NBC Los Angeles, KHTS AM 1220, and the Pierce College Roundup News. She is studying to receive a Bachelor’s degree in Journalism with an emphasis on Photojournalism and a minor in Communications at California State University, Northridge. She has studied and worked in many fields including filmmaking, journalism, studio photography, and some graphic design. She began her journalism journey at the Arroyo Seco Conquestador News Network and the Saugus High School News Network.
Action Family Counseling – News Banner
Academy Swim Club – News Banner
AV Party Rental – News Banner
College Of The Canyons – News Banner
Beyond Harmony – News Banner
All American Bail Bonds – News Banner
Hugo Naturals – News Banner
IHOP – Tile
San Diego Zoo – Generic – Tile
Broadscast – Tile
Adage IT – Tile
Beyond Harmony – Tile
Academy Swim Club – Tile