Washington – Low-interest federal disaster loans are available to Texas businesses and residents affected by severe storms and flooding in Ellis, Sutton and Tarrant counties that occurred Sept. 21‑23, 2018,
The SBA acted under its own authority to declare a disaster in response to written requests SBA received from Gov. Greg Abbott on Oct. 15 and Oct. 16, 2018.
The disaster declaration makes SBA assistance available in Crockett, Dallas, Denton, Edwards, Ellis, Henderson, Hill, Johnson, Kaufman, Kimble, Menard, Navarro, Parker, Schleicher, Sutton, Tarrant, Val Verde and Wise counties.
Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.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 for more information on SBA disaster assistance. 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.The deadline to apply for property damage is Dec. 17, 2018. The deadline to apply for economic injury is July 18, 2019.
Beginning Tuesday, Oct. 23, 2018, SBA representatives will be on hand at the following Disaster Loan Outreach Centers to answer questions about SBA’s disaster loan program, explain the application process and help each individual complete their application. The centers will be open on the days and times indicated below. No appointment is necessary.TARRANT COUNTY
- Disaster Loan Outreach Center
- Tarrant County Resource Connection
- 2300 Circle Drive, Suite 2303
- Ft. Worth, TX 76119
- Opens 9 a.m. Tuesday, Oct. 23
- Mondays – Fridays, 9 a.m. – 6 p.m.
- Closes 6 p.m. Thursday, Nov. 8
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.