The U.S. Small Business Administration’s (SBA) Disaster Field Operations Center-West announced $11 million in federal disaster loans are available for Texas businesses and residents impacted by the severe winter storms that occurred Feb. 11-21, 2021.
Businesses and residents in Texas who sustained damages are encouraged to register prior to the April 20, 2021, deadline with the Federal Emergency Management Agency at www.disasterassistance.gov.
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. The SBA can also lend additional funds to help businesses and residents with the cost of making improvements that protect, prevent or minimize the same type of disaster damage from occurring in the future.
For small businesses and most private nonprofit organizations, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. The deadline to apply for economic injury is Nov. 19, 2021.
The Texas counties eligible for property damage and economic injury loans are: Anderson, Angelina, Aransas, Atascosa, Austin, Bandera, Bastrop, Bee, Bell, Bexar, Blanco, Bosque, Bowie, Brazoria, Brazos, Brooks, Brown, Burleson, Burnet, Caldwell, Calhoun, Cameron, Chambers, Cherokee, Collin, Colorado, Comal, Comanche, Cooke, Coryell, Dallas, Denton, DeWitt, Duval, Eastland, Ector, Ellis, Erath, Falls, Fannin, Fort Bend, Freestone, Galveston, Gillespie, Goliad, Gonzales, Grayson, Gregg, Grimes, Guadalupe, Hardin, Harris, Harrison, Hays, Henderson, Hidalgo, Hill, Hood, Houston, Howard, Hunt, Jackson, Jasper, Jefferson, Jim Hogg, Jim Wells, Johnson, Jones, Karnes, Kaufman, Kendall, Kleberg, Lavaca, Leon, Liberty, Limestone, Llano, Lubbock, Madison, Matagorda, Maverick, McLennan, Medina, Milam, Montague, Montgomery, Nacogdoches, Navarro, Newton, Nueces, Orange, Palo Pinto, Panola, Parker, Polk, Robertson, Rockwall, Rusk, Sabine, San Jacinto, San Patricio, Scurry, Shelby, Smith, Stephens, Tarrant, Taylor, Tom Green, Travis, Trinity, Tyler, Upshur, Val Verde, Van Zandt, Victoria, Walker, Waller, Washington, Webb, Wharton, Wichita, Willacy, Williamson, Wilson, Wise and Wood.
The neighboring Texas counties eligible for economic injury loans only are: Andrews, Archer, Baylor, Borden, Callahan, Camp, Cass, Clay, Coke, Coleman, Concho, Crane, Crockett, Crosby, Dawson, Delta, Dimmit, Edwards, Fayette, Fisher, Floyd, Franklin, Frio, Garza, Glasscock, Hale, Hamilton, Haskell, Hockley, Hopkins, Irion, Jack, Kenedy, Kent, Kerr, Kimble, Kinney, La Salle, Lamar, Lamb, Lampasas, Lee, Live Oak, Lynn, Marion, Martin, Mason, McCulloch, McMullen, Menard, Midland, Mills, Mitchell, Morris, Nolan, Rains, Reagan, Real, Red River, Refugio, Runnels, San Augustine, San Saba, Schleicher, Shackelford, Somervell, Starr, Sterling, Stonewall, Sutton, Terrell, Terry, Throckmorton, Upton, Uvalde, Ward, Wilbarger, Winkler, Young, Zapata and Zavala.
For more information on disaster assistance information and the online application process, visit here.