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(EMAILWIRE.COM, May 09, 2009 ) Sacramento, CA – Small, non-farm businesses in 162 Texas counties (plus neighboring counties in New Mexico and Okalahoma) may now apply for low-interest disaster loans from the
U. S. Small Business Administration (SBA). “These disaster loans offset economic losses because of reduced revenues caused by drought, above-normal temperatures, and associated wildfires beginning January 1, 2009,” announced Alfred E. Judd, Director of SBA’s Disaster Field Operations Center -West.
Primary Texas Counties: Aransas, Austin, Bastrop, Baylor, Bee, Blanco, Brown, Burnet, Caldwell, Calhoun, Callahan, Coleman, Collingsworth, Comal, Coryell, Cottle, Dallam, De Witt, Dickens, Donley, Eastland, Fayette, Fisher, Floyd, Foard, Gillespie, Glasscock, Gonzales, Hamilton, Hays, Hill, Howard, Jones, Karnes, Kendall, Kenedy, Kent, King, Kinney, Kleberg, Lampasas, Lee, Lipscomb, Live Oak, Lubbock, Martin, Maverick, McCulloch, McLennan, McMullen, Medina, Mills, Motley, Nolan, Nueces, Potter, Real, Runnels, San Patricio, San Saba, Stephens, Stonewall, Taylor, Travis, Uvalde, Victoria, Waller, Washington, Wilbarger and Wilson.
Neighboring Texas Counties: Andrews, Archer, Armstrong, Atascosa, Bandera, Bell, Bexar, Borden, Bosque, Brazos, Briscoe, Brooks, Burleson, Carson, Childress, Coke, Colorado, Comanche, Concho, Crosby, Dawson, Deaf Smith, Dimmit, Duval, Edwards, Ellis, Erath, Falls, Fort Bend, Frio, Gaines, Garza, Goliad, Gray, Grimes, Guadalupe, Hale, Hall, Hardeman, Harris, Hartley, Haskell, Hemphill, Hidalgo, Hockley, Hutchinson, Jackson, Jim Wells, Johnson, Kerr, Kimble, Knox, La Salle, Lamb, Lavaca, Limestone, Llano, Lynn, Mason, Matagorda, Menard, Midland, Milam, Mitchell, Montgomery, Moore, Navarro, Ochiltree, Oldham,
Palo Pinto, Randall, Reagan, Refugio, Roberts, Scurry, Shackelford, Sherman, Sterling, Swisher, Terry, Throckmorton, Tom Green, Upton, Val Verde, Webb, Wharton, Wheeler, Wichita, Willacy, Williamson, Young and Zavala.
Neighboring New Mexico County: Union.
Neighboring Okalahoma Counties: Beaver, Beckham, Cimarron, Ellis, Harmon, Jackson and Tillman.
Small businesses and most private, non-profit organizations of any size may qualify for
Economic Injury Disaster Loans (EIDLs) 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 working capital 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%, 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.
Information and application forms are available from SBAÂ’s Customer Service Center by calling (800)Â 659‑2955, emailing disastercustomerservice@sba.gov, or by visiting SBAÂ’s website at www.sba.gov/services/disasterassistance. Hearing impaired individuals may call (800)Â 877‑8339.
The deadline to apply for these loans is December 28, 2009.
U.S. Small Business Administration
Rick Jenkins
(916) 735-1500
richard.jenkins@sba.gov
Source: EmailWire.com
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