SBA disaster loan outreach centers to close

Published on October 17, 2022

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The Small Business Administration’s Disaster Loan Outreach Centers in Dallas and Balch Springs will close on Oct. 20 and Oct. 27, respectively.

SBA opened the centers to provide assistance to Texas businesses and residents who were affected by the severe storms and flooding that occurred Aug. 22-25. Until the centers close, SBA customer service representatives will continue to be available to meet with businesses and residents to answer their questions.

So far, SBA has approved more than $2 million in federal disaster loans for Texas businesses and residents. SBA disaster assistance is available in Collin, Dallas, Denton, Ellis, Kaufman, Rockwall and Tarrant counties in Texas.

Until the centers close, businesses and residents can meet with SBA representatives on the days and times listed below. No appointment is necessary.

  • Samuell-Grand Recreation Center, Game Room 112, 6200 E. Grand Ave., Dallas. 9 a.m. to 6 p.m. Monday-Friday. Closes at 6 p.m. Thursday, Oct. 20.
  • Balch Springs Recreation Department Meeting Room, 4372 Shepherd Lane, Balch Springs. 9 a.m. to 6 p.m. Monday-Friday. Closes at 6 p.m. Thursday, Oct. 27.

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets. SBA can also lend additional funds to businesses and homeowners to help with the cost of improvements to protect, prevent or minimize the same type of disaster damage from occurring in the future.

Disaster loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

Download applications. Applicants may also call SBA’s Customer Service Center at 800-659-2955 or email.

The deadline to apply for property damage is Nov. 14. The deadline to apply for economic injury is June 14.

 

 

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