SBA Disaster Loans Available For Victims Of January 9th Floods

Low-interest federal loans are available to those affected by flooding from the January 9th rains in Harris and neighboring counties. The Small Business Administration received a request for the disaster declaration last week from Governor Rick Perry.

The SBA's Ben Raju says the SBA will walk you through the process.  

"For homeowners, renters and businesses of all sizes, as well as non-profit organizations whose property was damaged or destroyed, they may come visit us at the Harris County location that we're going to open up Wednesday, February 1st, and seek low-interest disaster loans for any property that was damaged or destroyed, or for businesses, any type of lost revenue or economic injury they may have faced." 

The outreach center opens tomorrow at 8000 North Stadium Drive. Applications can also be made online for loans of up to $200,000 for repairing or replacing damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace personal property.

Bio photo of Ed Mayberry

Ed Mayberry

Local Anchor, All Things Considered

Ed Mayberry has worked in radio since 1971, with many of those years spent on the rock 'n' roll disc jockey side of the business...