SACRAMENTO, Calif.
– Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West announced today that SBA will close its Weslaco Disaster Loan Outreach Center at 6 p.m. on Thursday, Dec. 6.
“SBA opened the center to provide personalized assistance to Texas businesses and residents who were affected by the severe storms and flooding that occurred June 19 – July 13, 2018. Until the Weslaco center closes, SBA customer service representatives will continue to be available to meet with businesses and residents to answer their questions, explain SBA’s disaster loan program and close their approved disaster loans,” said Garfield.
So far, SBA has approved 23 disaster business loans for $2,526,200 and 706 disaster loans for homeowners and renters for $25,207,300.
Businesses and residents can meet with SBA representatives on the days and times indicated below. No appointment is necessary.
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HIDALGO COUNTY
Wednesdays, 9 a.m. – 5 p.m.
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https://disasterloan.sba.gov/ela
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Interest rates are 3.61 percent for businesses and 2.5 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.
To receive additional disaster assistance information, visit SBA’s website at
www.sba.gov/disaster
. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email
disastercustomerservice@sba.gov
for more information. Individuals who are deaf or hard of hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.