President Donald Trump’s administration has approved California Gov. Gavin Newsom’s request for federal disaster relief to aid Los Angeles businesses devastated by recent anti-ICE riots that caused an estimated $1 billion in damages, the Washington Examiner reported.
The Small Business Administration on Tuesday granted a disaster declaration for Los Angeles, allowing local businesses impacted by last month’s violent anti-ICE protests to apply for federal relief.
SBA Administrator Kelly Loeffler approved the Economic Injury Disaster Loan (EIDL) declaration, which enables small businesses to request up to $2 million in low-interest loans for working capital needs, such as payroll, rent, and utilities.
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