The Small Business Administration is offering low-interest Economic Injury Disaster Loans to small businesses and private nonprofit organizations affected by the 2026 Plains Oil Spill, the California Governor’s Office of Emergency Services said.
Cal OES said the SBA issued a disaster declaration after a request from Cal OES Director ; the declaration covers Kern, Los Angeles, Orange, San Bernardino and Ventura counties.
Cal OES said SBA’s 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; the loans are for working capital needs caused by the spill and are available even if the business did not suffer physical damage.
Cal OES provided loan terms and conditions: loan amounts can be up to $2 million; interest rates can be as low as 4% for businesses and 3.625% for private nonprofits; terms can extend up to 30 years; and no payments are due and no interest accrues for the first 12 months from the date of the first loan disbursement.
Cal OES said credit requirements include a credit history acceptable to the SBA and an ability to repay the loan.
Cal OES said applicants can apply or get more information by visiting sba.gov/disaster, calling SBA Customer Service at (800) 659-2955, emailing disastercustomerservice@sba.gov, or visiting Disaster Loan Outreach Centers in Los Angeles County.
Cal OES listed two Los Angeles County in-person centers: Business Recovery Center East LA/Boyle Heights BusinessSource Center, 1780 E. First St., Los Angeles, CA 90033, Mondays–Fridays, 8 a.m.–5 p.m.; and Business Recovery Center East LA Entrepreneur Center (Centro Maravilla), 4716 E. Cesar Chavez Avenue, Building B, Los Angeles, CA 90022, Mondays–Fridays, 8 a.m.–4:30 p.m.
Cal OES said the deadline for applications is June 21, 2027. The Journal recommends that small businesses and nonprofits with spill-related revenue losses evaluate their eligibility and use SBA resources or the listed outreach centers to complete applications before the deadline.
State
Caroline Thomas Jacobs
Director, Governor's Office of Emergency Services (Cal OES)
Named once in this story.
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