As small businesses face fire devastation and try to get back on their feet, a variety of aid exists

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As small businesses face fire devastation and try to get back on their feet, a variety of aid exists
Los Angeles Area WildfiresSmall BusinessCalifornia
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The fires in California have been devastating for many small business owners and others who saw their homes, businesses or livelihoods go up in smoke. While private fundraising has proliferated on sites like GoFundMe and elsewhere, there’s a variety of aid at the national and local levels for small business owners and other affected by the fires.

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While private fundraising has proliferated on sites like GoFundMe and elsewhere, there’s also a variety of aid at the national and local levels for small business owners and other affected by the fires. A freeze on federal loans and grants, but it is unclear if that applies to disaster aid. Applications for disaster aid are still available on the Small Business Administration’s website.

Another place to turn to are non-profit Community Development Financial Institutions, or CDFIs, which offer grants and loans to small businesses, often at better rates than traditional banks. There is also industry specific aid. Austin Manuel, who owns record store and event space Healing Force of the Universe in Pasadena, California, hasn’t applied for any aid yet as he deals with wind damage that blew ash and smoke into his building. He has had to cancel events and postpone music classes.

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