NACOGDOCHES TEXAS 2022
Low interest federal disaster loans are now available to Texas businesses and residents
Posted 05/10/2022

The Disaster Loan Outreach Center is opening on Thursday, May 12, 9 am to 5:30 pm. Then it is Monday, May 16 through Friday, May 20, 9 am – 5:30 pm until May 26th.

 

This is for one-one assistance for homeowners, renters, businesses, and non- profit organizations including places of worship. Two customer service representatives will be available to answer questions and assist with the online disaster loan process.

 

Nacogdoches County

Cushing Volunteer Fire Department

783 Walnut Ave

Cushing, TX  75760

 

Opens:  Thursday, May 12th @ 9:00am

Closes:  Thursday, May 26th @ COB

Hours of Operation:  Mondays – Fridays, 9:00am – 5:30pm CT

 

Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339.

 

 

Barbara Nitis
Public Information Officer
Office of Disaster Assistance, Field Operations Center - West
U.S. Small Business Administration

(571) 752-0660

barbara.nitis@sba.gov

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Low-interest federal disaster loans are now available to Texas businesses and residents as a result of the Severe Storms & Tornados that occurring March 21, 2022.

 

The Agency Declaration covers Nacogdoches County and the contiguous Texas counties of: Rush, Shelby, San Augustine, Angelina, and Cherokee

 

Resouroces:

The deadline for physical damage is July 5, 2022. For Economic Injury Disaster Loan, the deadline is February 6, 2023.

 

We encourage people to complete the SBA application even if they are not sure if they need it yet.  If approved the loan becomes an option.

Businesses

Property Damage: up to $2,000,000 to repair or replace real estate, machinery and equipment, inventory and other assets that were damaged or destroyed (available to businesses of any size and private, non-profit organizations).

 

Economic Injury: for businesses and private non-profit organizations suffering adverse financial impacts of the disaster (with or without property loss), up to $2,000,000 for working capital to help pay obligations until normal operations resume.

 

 

Individuals and Families

Homeowners: up to $200,000 to repair or replace real estate damage and up to $40,000 to replace personal property.

 

Renters: up to $40,000 to repair or replace personal property.

Interest rates can be as low as 2.940 percent for businesses, 1.875 percent for private nonprofit organizations and 1.438 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

 

Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339.

If you would like a meeting or have any further questions about SBA disaster assistance. The best way to reach me is on my cell, (571) 752-0660, or by email, barbara.nitis@sba.gov.

 Respectfully,

 

Barbara Nitis
Public Information Officer
Office of Disaster Assistance, Field Operations Center - West
U.S. Small Business Administration

(571) 752-0660

barbara.nitis@sba.gov

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Newcomer Guide
Chamber Directory & Map
These premier Chamber publications are widely distributed throughout Nacogdoches County and beyond!
© Copyright 2005-2022 Nacogdoches County Chamber of Commerce. All rights reserved.
2516 North St., Nacogdoches, Texas 75965 • (936) 560-5533
Unless otherwise noted, no part of this website may be reproduced without written permission.