Oil spill victims could get financial help from Small Business Administration

Local victims of the oil spill off the coast of Orange County could be eligible for low-interest loans from the Small Business Administration, which on Wednesday declared the county a disaster area. While the move falls short of the broader federal disaster designation requested by some in Orange County, it could pave the way for companies to resume any operations, or claw back revenue, stopped or lost because of the spill that first was reported Oct. 1.,,, Terese Pearson, who helps run a family fishing business in Newport Beach, said her primary interest is resuming work, not borrowing money. >click to read< 09:15

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