SACRAMENTO, Calif. –
Regional Administrator Yolanda Garcia Olivarez of the U.S. Small Business Administration’s Fort Worth Regional Office, today reminded Texas small businesses of the Jan. 25, 2017, deadline to apply for an SBA federal disaster loan for economic injury caused by severe storms and flooding in Anderson, Austin, Cherokee, Colorado, Fayette, Fort Bend, Grimes, Harris, Liberty, Montgomery, Parker, San Jacinto, Smith, Waller, Wharton and Wood counties that occurred April 17-30, 2016.
According to Olivarez, small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may apply for Economic Injury Disaster Loans of up to $2 million to help meet working capital needs caused by the disaster. “Economic Injury Disaster Loans may be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid because of the disaster’s impact. Economic injury assistance is available regardless of whether the applicant suffered any property damage,” Olivarez said.
These low-interest federal disaster loans are available in Anderson, Angelina, Austin, Bastrop, Brazoria, Brazos, Caldwell, Camp, Chambers, Cherokee, Colorado, Fayette, Fort Bend, Franklin, Freestone, Galveston, Gonzales, Gregg, Grimes, Hardin, Harris, Henderson, Hood, Hopkins, Houston, Jack, Jackson, Jefferson, Johnson, Lavaca, Lee, Leon, Liberty, Madison, Matagorda, Montgomery, Nacogdoches, Palo Pinto, Parker, Polk, Rains, Rusk, San Jacinto, Smith, Tarrant, Trinity, Upshur, Van Zandt, Walker, Waller, Washington, Wharton, Wise and Wood counties.
The interest rate is 4 percent for businesses and 2.625 percent for private nonprofit organizations 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 SBA’s secure website at
https://disasterloan.sba.gov/ela
.
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
. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
# # #
SACRAMENTO, Calif. –
Regional Administrator Yolanda Garcia Olivarez of the U.S. Small Business Administration’s Fort Worth Regional Office, today reminded Texas small businesses of the Jan. 25, 2017, deadline to apply for an SBA federal disaster loan for economic injury caused by severe storms and flooding in Anderson, Austin, Cherokee, Colorado, Fayette, Fort Bend, Grimes, Harris, Liberty, Montgomery, Parker, San Jacinto, Smith, Waller, Wharton and Wood counties that occurred April 17-30, 2016.
SACRAMENTO, Calif. –
According to Olivarez, small nonfarm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may apply for Economic Injury Disaster Loans of up to $2 million to help meet working capital needs caused by the disaster. “Economic Injury Disaster Loans may be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid because of the disaster’s impact. Economic injury assistance is available regardless of whether the applicant suffered any property damage,” Olivarez said.
These low-interest federal disaster loans are available in Anderson, Angelina, Austin, Bastrop, Brazoria, Brazos, Caldwell, Camp, Chambers, Cherokee, Colorado, Fayette, Fort Bend, Franklin, Freestone, Galveston, Gonzales, Gregg, Grimes, Hardin, Harris, Henderson, Hood, Hopkins, Houston, Jack, Jackson, Jefferson, Johnson, Lavaca, Lee, Leon, Liberty, Madison, Matagorda, Montgomery, Nacogdoches, Palo Pinto, Parker, Polk, Rains, Rusk, San Jacinto, Smith, Tarrant, Trinity, Upshur, Van Zandt, Walker, Waller, Washington, Wharton, Wise and Wood counties.
The interest rate is 4 percent for businesses and 2.625 percent for private nonprofit organizations 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 SBA’s secure website at
https://disasterloan.sba.gov/ela
.
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
. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.
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