Sacramento, CA – Small, non-farm businesses in the following counties are now eligible to apply for low-interest Economic Injury Disaster Loans (EIDLs) from the U. S. Small Business Administration (SBA). “These loans offset economic losses because of reduced revenues caused by adverse weather conditions that occurred in the following primary Texas counties,” announced Alfred E. Judd, Director of SBA’s Disaster Field Operations Center West.
|
EIDL # |
Primary Counties |
Neighboring Counties |
Incident Type |
Incident Date |
Deadline |
|---|---|---|---|---|---|
|
12471 |
Brazoria, Calhoun, Garza, Hidalgo, Lubbock, Lynn, Matagorda and Willacy |
Aransas, Borden, Brooks, Cameron, Crosby, Dawson, Dickens, Floyd, Fort Bend, Galveston, Hale, Harris, Hockley, Jackson, Kenedy, Kent, Lamb, Refugio, Scurry, Starr, Terry, Victoria and Wharton |
Excessive rain, flooding, flash flooding, and high winds, associated with and in addition to Hurricane Alex |
6/29/10 through 7/31/10 |
10/17/11 |
|
12472 |
Ellis, Hunt, Marion, Palo Pinto and Panola |
Cass, Collin, Dallas, Delta, Eastland, Erath, Fannin, Harrison, Henderson, Hill, Hood, Hopkins, Jack, Johnson, Kaufman, Morris, Navarro, Parker, Rains, Rockwall, Rusk, Shelby, Stephens, Tarrant, Upshur, Van Zandt and Young in Texas; and Caddo and De Soto in Louisiana |
Drought |
5/1/10 through 12/31/10 |
10/17/11 |
|
12473 |
Runnels |
Coke, Coleman, Concho, Nolan, Taylor and Tom Green |
Excessive heat |
7/30/10 through 9/30/10 |
10/17/11 |
|
12474 |
Sherman |
Dallam, Hansford, Hartley, Hutchinson and Moore in Texas; and Cimarron and Texas in Oklahoma |
Hail, high winds, and tornadoes |
5/18/10 through 5/19/10 |
10/17/11 |
|
12475 |
Williamson |
Bastrop, Bell, Burnet, Lee, Milam and Travis |
Flash flooding |
9/7/10 through 9/8/10 |
10/17/11 |
|
12476 |
Hansford |
Hutchinson, Moore, Ochiltree, Roberts and Sherman in Texas; and Texas in Oklahoma |
Excessive rain |
6/13/10 |
10/17/11 |
“SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster,” Judd said.
Small, non-farm businesses, small agricultural cooperatives and most private, non-profit organizations of any size may qualify for disaster loans of up to $2 million to help meet financial obligations and operating expenses which could have been met had the disaster not occurred.
“Eligibility for these loans is based on the financial impact of the disaster only and not on any actual property damage. These loans have an interest rate of 4% for businesses and 3% for private, non-profit organizations, a maximum term of 30 years, and are available to small businesses and most private, non-profits without the financial ability to offset the adverse impact without hardship,” Judd said.
By law, SBA makes EIDLs available when the U. S. Secretary of Agriculture designates an agricultural disaster. Secretary Tom Vilsack declared this disaster at the request of Governor Rick Perry.
Businesses primarily engaged in farming or ranching are not eligible for SBA disaster assistance. Agricultural enterprises should contact the Farm Services Agency (FSA) about the U. S. Department of Agriculture (USDA) assistance made available by the Secretary’s declaration. However, in drought disasters nurseries are eligible for SBA disaster assistance.
Information and application forms are available from SBA’s Customer Service Center by calling (800) 659-2955, emailing disastercustomerservice@sba.gov, or visiting SBA’s Web site at www.sba.gov/services/disasterassistance. Hearing impaired individuals may call (800) 877-8339.
Applicants may also apply online using the Electronic Loan Application (ELA) via SBA’s secure Web site at https://disasterloan.sba.gov/ela.
For more information, visit SBA’s Web site at www.sba.gov/services/disasterassistance.
SBA Field Operations Center - West, P.O. Box 419004, Sacramento, CA 95841