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Low-interest federal disaster loans are now available to Texas businesses and residents due to the Severe Storms & Tornadoes that occurred on November 4, 2022.
The Agency Declaration covers Lamar, Morris. Contiguous Counties in Texas, including Bowie, Camp, Cass, Delta, Fannin, Franklin, Marion, Red River, Titus, and Upshur, and the contiguous Oklahoma counties of Bryan & Choctaw.
The deadline for physical damage is January 17, 2022. For Economic Injury Disaster Loan, the deadline is August 16, 2023.
They encourage people to complete the SBA application even if they are unsure if they need it. Then, if approved, the loan becomes an option. Money is available for both businesses and residential.
Applicants may apply online, receive additional disaster assistance information, and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. In addition, individuals who are deaf or hard of hearing may call (800) 877-8339.