On Mar. 13, SBA made disaster loans available due to TX fires.
SBA made disaster assistance loans available to Texas businesses and residents.
For those affected by Smokehouse Creek and Windy Deuce fires that began Feb. 26.
Eligibility, Terms
Low interest federal disaster loans are available to businesses and individuals.
SB loans are available in Armstrong, Carson, Donley, Gray, Hansford, Hemphill.
In addition, in Hutchinson, Lipscomb, Moore, Potter, Randall, counties in Texas.
Texas counties of Roberts, Sherman and Wheeler; Ellis, Roger Mills counties in OKL.
Loans for physical damage and Economic injury disaster loans (EIDLs) are available.
Businesses of all sizes and private nonprofits may borrow $2mn to repair damaged real estate, machinery and equipment, inventory and other damaged business assets.
SBA can also lend additional funds to help with cost of improvements to prevent or minimize disaster damage to businesses or people from occurring in the future.
For small businesses, agricultural cooperatives, businesses engaged in aquaculture and private nonprofits of any size, SBA offers EIDLs to help meet working capital needs.
EIDLs are available regardless of whether the business suffered any property damage.
Application Deadlines
Property damage applications are due May 13, 2024; EIDLs are due by Dec. 13, 2024.
Mar. 19, 2024 SBA Fed Reg Notice
On Mar. 19, 2024, SBA published notice of disaster declaration for Texas due to Windy Deuce Fire; physical damage disaster number of 202255 and EIDL number is 202260.
Also published notice of disaster declaration for the Smokehouse Creek Fire, with physical damage disaster number of 202235, and EIDL number 202240.
