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Local News in Brief : Fire Victims Offered Information on Loans

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Porter Ranch residents who suffered property damage in last December’s wildfires can attend informational sessions today and Friday to learn how to apply for federal low-interest loans.

Homeowners, tenants and business owners may be eligible for Small Business Administration loans to replace uninsured or under-insured property lost in the fire.

Eligible people may receive loans up to $100,000 for loss of buildings or land and up to $20,000 for personal property losses. Loan interest rates are 4% and 8%.

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The information sessions will be held from 9 a.m to 6 p.m. today at the Northridge Recreation Center, 18300 Lemarsh St. The hours Friday will be from 9 a.m. to 5 p.m.

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