Homeowners, renters and businesses in all 11 counties will be eligible to apply for long-term, low-interest SBA disaster loans. Homeowners can borrow up to $200,000 for residential damages, and renters and homeowners may borrow up to $40,000 to replace or repair personal property was lost as a result of the flood. Businesses of any size and nonprofit organizations can borrow up to $2 million to repair or replace real estate assets, machinery and equipment, business inventory and other business assets damaged by the storm. The loans are offered at low interest rates for terms of up to 30 years.
A Disaster Loan Outreach Center will open in Travis County on Monday, November 25, and centers will open in Caldwell and Hays counties after the Thanksgiving holiday. Location information for the centers is included below.
Travis CountyDove Springs Recreation Center
5801 Ainez Drive
Austin, TX 78744
Opens Monday, Nov. 25 at 12:00PM
Hays CountyHays County Precinct 2 Office
5458 FM 2770
Kyle, TX 78640
Opens Tuesday, December 3 at 9:00AM
Caldwell CountyCaldwell County Scott Annex
Caldwell County Office of Emergency Services
1403 Blackjack Street, Ste. E
Lockhart, TX 78644
Opens Thursday, December 5 at 9:00AM
For more information on SBA disaster loans or to request an application, please click here, or call (800) 659-2955. Individuals who are deaf or hard-of-hearing may call (800) 877-8339.