Frequently Asked Questions

Program Overview

What is the Small Business Disaster Recovery Fund grant program?

The Small Business Disaster Fund grant program (the “Program”) is offered by the Los Angeles Area Chamber of Commerce Foundation, through its administrator, B.S.D. Capital, Inc. dba Lendistry (the “Administrator”).

The Administrator administers the Program on behalf of Los Angeles Area Chamber of Commerce Foundation and may utilize third-party service providers to execute specific elements of this Program. Neither the Administrator nor its third-party service providers determine Program scope, eligibility criteria, communication strategy, or timelines; all program requirements are put into place by Los Angeles Area Chamber of Commerce Foundation.

This Program is designed to support qualified small businesses impacted by the catastrophic Los Angeles County wildfires beginning January 7, 2025, throughout the Eaton and Palisades Wildfire Disaster Impact & Evacuation Area.

What is the application period for the Small Business Disaster Fund grant program?

Application Period Opens: May 07, 2025, at 9:00 a.m. PT*

Application Period Closes: June 06, 2025, at 5:00 p.m. PT*

*The application period is subject to change.

Grant applications will be reviewed on a first-come, first-served basis. Only complete applications that have been fully submitted with all required documents will be reviewed. Applications that are not completed and/or submitted by the deadline list above will not be considered for a grant award.

What are the eligiblity requirements for the Small Business Disaster Recovery Fund grant program?
To be eligible for this Program, small businesses and nonprofit organizations must meet all of the following requirements:

  • Applicant’s authorized signer must be at least eighteen (18 ) years old as of the date of application submission;
  • Applicant’s annual revenue for the calendar year 2023 must be ten million dollars ($10,000,000) or less;
  • Applicant must have been registered to do business legally in the state of California on or before June 1, 2023;
  • Applicant must currently be open and operating within the Eaton and Palisades Wildfire Disaster Impact & Evacuation Area, or (b) plan to reopen and resume operations within the Eaton and Palisades Wildfire Disaster Impact & Evacuation Area; and
  • Applicant must meets both of the following criteria: (a) is/was physically located within the Eaton and Palisades Wildfire Disaster Impact & Evacuation Area and (b) 50% or more of its business clientele base is/was located within the Eaton and Palisades Wildfire Disaster Impact & Evacuation Areas.
  • Nonprofits only: Applicant must be registered as a 501(c)(3) and in good standing with California Department of Justice’s Registry of Charities and Fundraisers.

For the purposes of this Program, the Eaton and Palisades Wildfire Disaster Impact & Evacuation Area includes only those addresses within the following zip codes:

Zip Code City Fire
90049 Brentwood Palisades
90263 Malibu Palisades
90265 Malibu Palisades
90272 Pacific Palisades Palisades
90290 Topanga Palisades
91001 Altadena Eaton
91023 Mt Wilson Eaton
91024 Sierra Madre Eaton
91011 La Canada Flintridge Eaton
91104 Pasadena Eaton
91107 Pasadena Eaton
What postal codes are included in this Program's Eaton and Palisades Wildfire Disaster Impact & Evacuation Area?

For the purposes of this Program, the Eaton and Palisades Wildfire Disaster Impact & Evacuation Area includes only those addresses within the following zip codes:

Zip Code City Fire
90049 Brentwood Palisades
90263 Malibu Palisades
90265 Malibu Palisades
90272 Pacific Palisades Palisades
90290 Topanga Palisades
91001 Altadena Eaton
91023 Mt Wilson Eaton
91024 Sierra Madre Eaton
91011 La Canada Flintridge Eaton
91104 Pasadena Eaton
91107 Pasadena Eaton
What required documents are needed?

All required documents must be submitted with the application for it to be reviewed.

This list of required documents is not exhaustive. Additional documentation may be required to validate the information provided in this application. Failure to upload all required and/or requested documentation may result in the application being withdrawn and/or declined from the Program.

  1. Applicant Certifications
    • Needed to self-certify the truthfulness and accuracy of the information you provide in your application and supporting documents.
  2. Proof of 2023 Annual Gross Revenue
    • For-Profit Businesses: 2023 Filed Federal Business Tax Return (all pages, complete, and unaltered)
      • Form 1120 (Line 11)
      • Form 1120S (Line 6)
      • Form 1040 Schedule C (Line 7)
      • Form 1065 (Line 8)
    • Nonprofit Organizations: 2023 Form 990 (all pages, complete, and unaltered)
      • Form 990 (Line 12)
      • Form 990 EZ (Line 9)
      • Form 990N (line number not applicable)
  3. Proof of Business Location, Age, and Good Standing*
    • Registration with the California Secretary of State or government-issued, active business license/permit, as applicable.
    • *Nonprofits only: The California Department of Justice’s Registry of Charities and Fundraisers will be used to verify registration date and registry status. No documentation is required to be submitted by the Applicant as part of its application.
  4. Government-Issued Photo ID
    • Validated with Persona.
  5. Valid Bank Account
    • Validated with Plaid.
    • The bank account must be registered under the legal business or nonprofit organization name, or DBA if applicable, listed in this application EXCEPT for Sole Proprietors, Single-Member Limited Liability Companies (LLC), and Independent Contractors.
    • Sole Proprietors, Single-Member limited Liability Companies (LLC), and Independent Contractors may use a personal bank account, but it must be registered under the Applicant’s name listed in this application.
What grant amounts are available?

Grant award amounts will be determined based on the Applicant’s annual gross revenue in 2023.

Revenue Size Grant Award Amount
$5,000,000-$10,000,000 $25,000
$1,000,000-$4,999,999 $15,000
Less than $1,000,000 $10,000
What can grant funding from the Small Business Disaster Recovery Fund be used for?

Grant funds can only be used for business expenses arising out of the 2025 Los Angeles County Eaton and Palisades wildfires and not covered by other forms of assistance.

Can eligible small businesses or nonprofit organizations apply for multiple grants under the Small Business Disaster Recovery Fund?

Under this Program, each business or nonprofit organization may only apply for one grant.

An individual may submit an application for multiple businesses they own and/or nonprofit organizations for which they are officers or authorized signers. Each business or nonprofit organization must have a unique Employee Identification Number (EIN) and meet the Program’s eligibility requirements. Create a new account for Lendistry’s Application Portal for each application.

What businesses are ineligible for the Small Business Disaster Recovery Fund grant fund?
The following businesses are ineligible for this Program.

  1. Religious institutions, including churches.
  2. Government offices or agencies.
  3. Publicly traded companies.
  4. Corporate-owned franchises.
  5. Financial institutions, such as banks, lenders, pay day lenders, auto title lenders, check cashers, other businesses whose stock in trade is money and mortgages, and other similar entities.
  6. Insurance companies, such as life, auto, home, bail bond, and other similar entities.
  7. Businesses who restrict patronage for any reason other than age.
  8. Lobbying firms or businesses who dedicate 50% or more of their time or resources to lobbying activities.
  9. Businesses that generate income through activities performed in violation of local, state or federal law, and through the sale, cultivation, or transportation of cannabis.
  10. Businesses that exist to advance partisan political activities.
  11. Businesses or organizations which are, or whose owners, officers, partners, directors, and/or principals are, currently suspended, disbarred, ineligible, or excluded from participation in federal, State, or County assistance programs or from receiving federal or State financial or nonfinancial assistance and/or benefits.
  12. Businesses with any owner with greater than ten percent (10%) equity interest in it, or nonprofit organizations with any officer, who meets one or more of the following criteria: the owner of the business or the officer of the nonprofit organization has, within the prior three years, been convicted, or had a civil judgment rendered against the owner, or has had commenced any form of parole or probation, including probation before judgment, for commission of fraud or a criminal offense in connection with obtaining, attempting to obtain, or performing a federal, state, or local public transaction or contract under a public transaction, violation of federal or state antitrust or procurement statutes or commission of embezzlement, theft, forgery, bribery, falsification or destruction of records, making false statements, or receiving stolen property.
Will submitting an application guarantee a grant award?

No. Funding for this Program is limited, and it is possible that the number of applicants who meet the eligibility requirements will exceed the available funds. Submitting an application, meeting the eligibility requirements, and/or being approved for a grant award does not guarantee that you will receive funding.

Grant applications will be reviewed on a first-come, first-served basis. Only complete applications that have been fully submitted with all required documents will be reviewed. Applications that are not complete and/or submitted by 5:00 p.m. PT on June 06, 2025*, will not be considered for a grant award.

 

*Subject to change.

Do grant awards from the Small Business Disaster Recovery Fund have to be repaid?

No. The award is a grant and is not a loan that is required to be repaid. However, the Los Angeles Area Chamber of Commerce Foundation and/or its Administrator has the right to seek all available remedies for failing to comply with the terms and conditions of the grant, including, without limitation, if the grantee was ineligible, used funds for unauthorized purposes or made false statements in connection with the grant application.

Are grant proceeds taxed?

Yes. The owner or officer identified as the authorized signer in the application will receive tax information related to the grant proceeds, which will need to be reported on their tax returns. Please consult with a tax professional for additional information.

Important Note: Lendistry and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. Readers should consult their own tax, legal and accounting advisors before completing their tax filings.

THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION POSTED IN THIS PRESENTATION OR ANY LINKED WEBSITE.

Can small businesses or nonprofit organizations that have previously received a grant award from another disaster relief program apply for the Small Business Disaster Recovery Fund grant program?

Yes. Small businesses or nonprofit organizations that have received grant funding from another disaster relief program may apply for the Small Business Disaster Recovery Fund grant program if they meet the Program’s eligibility requirements.

Application Support

How will small businesses or nonprofit organizations be notified to confirm Lendistry has received all of their required information and documentation to be considered for a grant?

The owner or officer identified as the authorized signer in the application will receive a confirmation email from [email protected] to confirm their application has been received. If more information or documents are needed, Lendistry may contact this individual by email, phone, and/or text (if authorized) to verify the information they submitted. Contact our Customer Experience Center at 855-476-5870, Monday through Friday between the hours of 7:00 a.m. – 7:00 p.m. PT,  if assistance is needed to understand what business information is required and how to upload documents.

Confirmation emails come from Lendistry at [email protected].

If this individual does not receive a confirmation email after submitting an application, we advise them to check their spam folder for emails from [email protected] and add the email address to their email account’s safe sender list.

 

TIP: Place “Lendistry” in the search bar.

Where can status updates on the review process be found?

The owner or officer identified as the authorized signer can check the status of their application at any time by signing into Lendistry’s Portal using the username, password, and mobile number that they registered. Once signed in, the status will appear on the dashboard.

Lendistry’s Portal can be accessed HERE.

How are small businesses or nonprofit organizations approved or declined for grant funding?

The application process for this program contains multiple stages of validation. A small business or nonprofit organization must first meet the program’s minimum eligibility requirements to be considered for a grant.

Lendistry may attempt to contact the owner or officer identified as the authorized signer in the application multiple times via email and/or phone if additional information and/or documentation(s) are needed to validate the application they submitted. An application may be declined if such requests are not completed.

Once a small business or nonprofit organization is determined to be eligible for this Program, its application will go through a final validation stage during which the accuracy and truthfulness of the information and documentation that was submitted on its behalf is validated.

Funding for the Los Angeles Area Chamber of Commerce Foundation Small Business Disaster Recovery Fund is limited. It is possible that the number of applicants that meet the eligibility requirements will exceed the available funds. Submitting an application, meeting the eligibility requirements, and/or being approved does not guarantee that you will receive funding.

The owner or officer identified as the authorized signer on the application will receive an email from Lendistry when it is fully validated and approved or declined for funding.

Grant applications will be reviewed on a first-come first first-served basis. Only complete applications that have been fully submitted with all required documents will be reviewed. Applications that are not complete and/or submitted by 5:00 p.m. PT on June 06, 2025*, will not be considered for a grant award.

*Subject to change.

 

Important Note: Meeting the minimum eligibility requirements does not guarantee a grant award. Eligible applicants will then go through the final stages of validation to determine if they are approved or declined for funding. Lendistry will notify all applicants of their determination.

A business or nonprofit is active, but the Secretary of State’s website is reflecting it as inactive. What documents can be provided to show that a business is active?

Lendistry may require proof of payment of applicable Secretary of State fees and/or Franchise Tax Board payments evidencing active status in California. Required proof of payment may include a canceled check, an email confirmation of payment, or bank statement reflecting payment.

What kind of bank account do applicants need to accept funds?

The bank account must be registered under the legal business or nonprofit organization name or DBA, if applicable, listed in this application EXCEPT for Sole Proprietors, Single-Member Limited Liability Companies (LLC), and Independent Contractors.

Sole Proprietors, Single-Member limited Liability Companies (LLC), and Independent Contractors may use a personal bank account, but it must be registered under the Applicant name listed in this application.

 

Who is a permissible “authorized representative” for executing a nonprofit’s certification and grantee agreement?

A nonprofit’s business certification and Grantee Agreement must be executed by the organization’s executive director or equivalent senior managing officer of the organization. This individual must be the same individual listed on the organization’s Statement of Information filed with the state.

What is Persona?

Persona is a third-party platform utilized by Lendistry in its fraud prevention and mitigation process. The Persona platform enables Lendistry to verify an individual’s identity and protect against identity spoofing by automatically comparing the individual’s selfie to their ID portrait with a 3-point composite and biometric liveness checks.

For more help with Persona, visit https://help.withpersona.com/for-end-users/.

Can an application be reexamined if it was deemed ineligible for this grant program?

Only one reexamination request is allowed for each application. Some exclusions may apply.

The owner or officer listed as the authorized signer in the application will be notified via email if their small business or nonprofit organization is ineligible for this grant program. If there was an error in the application or documentation the owner or officer submitted, they should contact our dedicated Call Center at 855-476-5870, Monday through Friday between the hours of 7:00 a.m. – 7:00 p.m. PT, within five (5) days of receiving this email.

Please note that a reexamination request will not guarantee eligibility. Lendistry may request additional information and/or documentation from the owner or officer identified as the authorized signer to further validate the application.

Applications that do not request a reexamination within the timeframe listed above will remain ineligible and be closed.

Can an application be reexamined if it was declined for a grant award from the Small Business Disaster Recovery Fund grant program?

Only one reexamination request is allowed for each application. Some exclusions may apply.

The owner or officer listed as the authorized signer in the application will be notified via email if their small business or nonprofit organization is declined for a grant award. If there was an error in the application or documentation, the owner or officer should contact our dedicated Call Center at 855-476-5870, Monday through Friday between the hours of 7:00 a.m. – 7:00 p.m. PT, within five (5) days of receiving this email.

Please note that a reexamination request will not guarantee a grant award. Lendistry may request additional information and/or documentation from the owner or officer identified as the authorized signer to further validate the application.

Applications that do not request a reexamination listed above will remain declined and will be closed.