Disaster press release TX 15584-05

TX 15584-05 SBA Disaster Loan Outreach Center to Open in McAllen

SACRAMENTO, Calif. – Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West announced today that...


SACRAMENTO, Calif.

– Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West announced today that SBA will open its Disaster Loan Outreach Center in McAllen at 9 a.m. on Wednesday, Sept. 5, 2018.

“At the center, SBA representatives are available to meet with businesses and residents who were affected by the severe storms and flooding that occurred June 19 – July 13, 2018, to answer their questions, explain SBA’s disaster loan program and close their approved disaster loans on the days and times indicated below,” said Garfield. No appointment is necessary.

HIDALGO COUNTY




Disaster Loan Outreach Center



McAllen Creative Incubator


(Former Millennial Marketing Suite)


601 North Main St., Room # 11


McAllen, TX 78501


Opens at 9 a.m. Wednesday, Sept. 5

Mondays - Fridays, 9 a.m. - 6 p.m.

SBA representatives continue to be available at the following federal-state Disaster Recovery Center to meet with businesses and residents to answer their questions, explain SBA’s disaster loan program and close their approved disaster loans:

HIDALGO COUNTY




Disaster Recovery Center



City of Weslaco Economic Development Corporation


275 South Kansas Ave.


Weslaco, TX 78596

Mondays – Fridays, 9 a.m. - 7 p.m.


Saturdays, 8 a.m. – 3 p.m.

Even though the deadline to apply for a loan for property damage has passed, small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size still have until April 8, 2019, to apply for an economic injury disaster loan to help meet working capital needs caused by the disaster. Economic injury assistance is available regardless of whether the business suffered any property damage. Business owners may apply online using SBA’s secure website at

https://disasterloan.sba.gov/ela

.

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.

Related programs: Disaster

Media contacts

U.S. Small Business Administration