Wells Fargo donates $3.25M for Camp Fire relief
This Thursday, Nov. 29, 2018, photo shows a Wells Fargo bank location in Philadelphia. (AP Photo/Matt Rourke)
SAN FRANCISCO — Wells Fargo is donating $3.25 million to help residents and business affected by a deadly wildfire that leveled a Northern California town.
The San Francisco-based bank said Friday that $2 million will go toward helping evacuees currently staying at a Red Cross shelter in Chico that’s scheduled to close.
The money will help subsidize the rent of up to 300 families for up to six months and go toward temporary housing for seniors and workers.
The rest of the money will be made available as loans for small businesses so they can rebuild and reopen.
The Camp Fire that sparked Nov. 8 killed at least 86 people and wiped out more than 14,000 homes, most of them in the tiny town of Paradise.
