Altadena fires. (Photo: Amairani Hernandez/CALÓ News)
The Los Angeles County Development Authority (LACDA) Altadena Disaster Relief Small Business Loan Program aims to provide financial help to fire-impacted Altadena businesses.
This initiative will assist with up to $75,000 per business to recover, rebuild, and retain jobs in the community.
Each qualified applicant may receive a 15-year loan term. Funds will be distributed directly to the borrower. Businesses that have received FEMA assistance are also eligible to apply.
To be eligible, businesses must operate a public-facing physical storefront located in unincorporated areas of ZIP codes 91001 or 91004. Eligible business types include—but are not limited to—restaurants, retail shops, fitness centers, grooming services, and day spas. Businesses must have been in operation for at least six months prior to applying.
For complete loan eligibility guidelines and application materials, visit altadenabizrelief.lacda.org. Applications will be accepted on a first-come, first-served basis until Tuesday, June 3, 2025, at 12 p.m.
An overview of the program will be available in a webinar on Tuesday, May 13 at 10 a.m.
More information and assistance: altadenabizrelief.lacda.org and 626-586-1760.
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