SBA ANNOUNCES LOW-INTEREST FEDERAL DISASTER LOANS AVAILABLE

Administrator Linda McMahon of the U.S. Small Business Administration has announced that low-interest federal disaster loans are available to Texas businesses and residents affected by the severe storms and floods that occurred Sept. 10 – Nov. 2, 2018. SBA acted under its own authority to declare a disaster following the denial of the state’s request for a major disaster declaration for individual assistance on Feb. 27, 2019.

The disaster declaration makes SBA assistance available in Grimes, Houston, Madison, Montgomery, San Jacinto, Trinity, and Walker counties.

SBA’s Director Tanya Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West says, “Low-interest federal disaster loans are available to businesses of all sizes, most private nonprofit organizations, homeowners and renters whose property was damaged or destroyed by this disaster.”

SBA representatives will be on hand to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application beginning Tuesday, March 12th in Walker County at the Walker County Emergency Operations Center, 344 State Highway 75 North, Suite 200, in Huntsville. It opens at 8 AM Tuesday, March 12th. They will be open Mondays through Fridays, 8 AM to 4:30 PM. No appointment is necessary.

Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339.

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