LAEDC Support Services The Los Angeles Economic Development Corporation (LAEDC) provides comprehensive support to businesses affected by wildfires, working alongside SBA initiatives. They offer confidential consulting services at no cost and connect businesses with local recovery resources.
LAEDC Core Services The organization provides vital assistance in four key areas:
- Financial Resource Navigation: Expert guidance on accessing loans, grants, and various funding options.
- Permit Processing Support: Assistance with local regulatory requirements for businesses needing to rebuild or relocate.
- Government Contract Access: Connection to government contracting opportunities to help sustain business operations.
- Recovery Planning Support: Detailed guidance for sustainable business rebuilding after disasters.
SBA Disaster Assistance Application Process
- Damage Assessment Conduct a thorough evaluation of your losses:
- Document all physical damage
- Calculate financial impacts
- Separate insured from uninsured losses
- Determine eligible SBA programs
2.Online Application Submission Access the SBA Disaster Loan Assistance Portal with these essential documents:
- Current financial statements
- Tax return documentation
- Comprehensive damage documentation
3.Documentation Phase Prepare to submit additional requested materials promptly to expedite your application processing.
4.SBA Representative Consultation Access personalized support through multiple channels:
- Phone: (800) 659-2955
- Email: disastercustomerservice@sba.gov
- Telecommunications relay services (dial 7-1-1) for hearing or speech impaired
- In-person assistance at Disaster Recovery Centers (when operational)
5.Application Monitoring Track your application status through:
- SBA’s online portal
- Direct communication with customer service
Wildfire Preparedness Strategy
Essential Business Protection Measures:
- Insurance Review: Ensure comprehensive natural disaster coverage
- Recovery Plan Development: Create detailed protocols for protecting staff, inventory, and facilities
- Emergency Communications: Establish clear channels for disaster-related updates and procedures
Moving Forward Recovery from natural disasters requires prompt action and utilization of available resources. The combination of SBA disaster assistance programs and LAEDC support provides California businesses with comprehensive recovery tools, including Economic Injury Disaster Loans (EIDL) and various business recovery grants.
For personalized guidance, LAEDC offers free consultation services to help navigate these resources effectively. Begin your recovery journey by submitting your SBA disaster assistance application today.
Give us a call today to discuss your commercial finance needs or get started by filling out this form!
Karen Schimpf
(512) 358-1511
karen@applycommercialloans.com
P.S. We help your business secure $150,000+ in working capital for restaurants, retail, hotels, IT companies, assisted living facilities, and medical practices. Whether you’re expanding, managing inventory, or covering unexpected expenses, we provide tailored solutions to keep your business thriving. Call me today to access the funding you or your clients need at 512-358-1511!
P.P.S A daycare owner I helped refinance $1.8MM is now saving nearly $5,000 a month by switching from an 11.25% SBA 7A loan to a 7.25% SBA 504 loan. That’s pure profit—like earning an extra $5,000 in revenue monthly! Could you or your clients benefit from similar savings? Let’s crunch the numbers and see how refinancing could work for you. Give me a call today at 512-358-1511 and let’s lower your payment!
P.P.S- Approved Commercial Correspondent Loan Broker | Help with SBA Loan, restaurant loan, foreign national loan, apartment loan, private money loan. I’ve assisted countless clients in obtaining financing for their commercial endeavors nationwide. Whether you’re aiming to acquire, refinance, or expand your business or properties, rest assured, I possess the knowledge and resources to deliver customized commercial financing solutions perfectly suited to your individual requirements. Give me a call today at 512-358-1511 or schedule a 15 or 30-minute phone call directly on my calendar at a time that works for you. You can do so HERE https://calendly.com/karenschimpf/15min
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