Disaster press release TX 14679-03

TX 14679-03 SBA will Extend Disaster Loan Outreach Center Operations in Rowlett

SACRAMENTO, Calif. – Director Herb Austin of the U.S. Small Business Administration’s (SBA) Dallas District Office announced today that SBA’s Disaster...

SACRAMENTO, Calif. – Director Herb Austin of the U.S. Small Business Administration’s (SBA) Dallas District Office announced today that SBA’s Disaster Loan Outreach Center in Rowlett will remain open until 6 p.m. Thursday, April 21 to meet the needs of businesses and residents affected by the severe winter storms, tornadoes, straight-line winds and flooding that occurred Dec. 26, 2015 – Jan. 21, 2016.

“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,” said Austin. “SBA representatives are at the center to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application,” Austin continued. The center will be open on the days and times indicated. No appointment is necessary.

DALLAS / ROCKWALL COUNTIES

Church of the City Relief Center

6005 Dalrock Road

Rowlett, TX  75088

Monday - Thursday, 9 a.m. – 6 p.m.

Center closes at 6 p.m. Thursday, April 21

SBA’s disaster declaration makes SBA assistance available in Collin, Dallas, Denton, Ellis, Fannin, Grayson, Henderson, Hill, Hunt, Johnson Kaufman, Navarro, Rains, Rockwall, Smith, Tarrant, Van Zandt and Wood counties.

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. SBA can also lend additional funds to businesses and homeowners to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. EIDL assistance is available regardless of whether the business suffered any property damage.

Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

Interest rates can be as low as 4 percent for businesses, 2.625 percent for private nonprofit organizations and 1.813 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website.

Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling (800) 659-2955 or emailing disastercustomerservice@sba.gov. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. For more disaster assistance information or to download applications, visit sba.gov/disaster. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX  76155.

The deadline to apply for property damage is May 31, 2016. The deadline to apply economic injury is Dec. 29, 2016.

 

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SACRAMENTO, Calif. – Director Herb Austin of the U.S. Small Business Administration’s (SBA) Dallas District Office announced today that SBA’s Disaster Loan Outreach Center in Rowlett will remain open until 6 p.m. Thursday, April 21 to meet the needs of businesses and residents affected by the severe winter storms, tornadoes, straight-line winds and flooding that occurred Dec. 26, 2015 – Jan. 21, 2016.

SACRAMENTO, Calif. –

“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,” said Austin. “SBA representatives are at the center to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application,” Austin continued. The center will be open on the days and times indicated. No appointment is necessary.

DALLAS / ROCKWALL COUNTIES

Church of the City Relief Center

6005 Dalrock Road

Rowlett, TX  75088

DALLAS / ROCKWALL COUNTIES

Monday - Thursday, 9 a.m. – 6 p.m.

Center closes at 6 p.m. Thursday, April 21

Center closes at 6 p.m. Thursday, April 21

SBA’s disaster declaration makes SBA assistance available in Collin, Dallas, Denton, Ellis, Fannin, Grayson, Henderson, Hill, Hunt, Johnson Kaufman, Navarro, Rains, Rockwall, Smith, Tarrant, Van Zandt and Wood counties.

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. SBA can also lend additional funds to businesses and homeowners to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private nonprofit organizations of any size, SBA offers Economic Injury Disaster Loans (EIDLs) to help meet working capital needs caused by the disaster. EIDL assistance is available regardless of whether the business suffered any property damage.

Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

Interest rates can be as low as 4 percent for businesses, 2.625 percent for private nonprofit organizations and 1.813 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website.

Disaster loan information and application forms are also available from SBA’s Customer Service Center by calling (800) 659-2955 or emailing disastercustomerservice@sba.gov. Individuals who are deaf or hard‑of‑hearing may call (800) 877-8339. For more disaster assistance information or to download applications, visit sba.gov/disaster. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX  76155.

The deadline to apply for property damage is May 31, 2016. The deadline to apply economic injury is Dec. 29, 2016.

 

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Related programs: Disaster

Media contacts

U.S. Small Business Administration