SBA disaster relief available for Texas Hill Country residents after Trump’s emergency declaration
The U.S. Small Business Administration (SBA) announced they will be offering relief in the form of low-interest disaster loans for Texas Hill Country businesses and residents affected by severe flash floods, following President Trump’s July 6 disaster declaration
“Following President Trump’s disaster declaration, SBA relief is now available for small businesses and residents in Texas Hill Country. As we coordinate recovery efforts alongside our state and federal partners, we continue to pray for the first responders and all impacted,” a statement by the SBA said.
The availability of low-interest rate federal disaster loans will be offered to Texas small businesses, residents, and private nonprofit (PNP) organizations affected by severe storms, straight-line winds, and the flooding that began on July 2.
It will cover Kerr County and residents there will be eligible for both physical disaster loans and Economic Injury Disaster Loans (EIDL) from the SBA.
Small businesses and most private non-profit organizations in adjacent counties are eligible to apply only for SBA economic injury disaster loans: these counties will include Bandera, Edwards, Gillespie, Kendall, Kimble, and Real.
“As we pray for those impacted by the devastating flooding in Texas, as well as our first responders, the SBA is mobilizing to provide critical on-the-ground resources necessary for recovery,” said Kelly Loeffler, SBA Administrator. “As a result of President Trump’s immediate disaster declaration, the agency is now offering physical and economic injury disaster loans in Texas Hill Country. We are working closely with our state, local, and federal partners, and are committed to delivering robust relief and support as recovery begins in the days and months ahead.”
