WACO, Texas -- Federal and State disaster officials today announced that the Disaster Recovery Center (DRC) in Haltom City will transition to a U.S. Small Business Administration (SBA) Disaster Loan Outreach Center beginning Monday, September 24. The Governor's Division of Emergency Management, the Federal Emergency Management Agency (FEMA) and SBA officials opened the DRC to provide one-stop, personal assistance and disaster information to residents and businesses affected by the June 16 - August 3 severe storms, flooding and tornadoes.
"At this stage of the recovery process, the emphasis for assistance is to meet the long-term needs of victims," said Federal Coordinating Officer Kenneth Clark. "We believe the transition of the DRC to a Disaster Loan Outreach Center will better meet the needs of affected Texas residents and businesses."
The SBA Outreach Center will continue to be located at the Old Ready Mix Administrative Center, 5517 Denton Hwy (US-377) in Haltom City, and will be open 9 am to 6 pm, from Monday, September 24, through close of business on Friday, September 28, when the center closes.
"In some cases, residents affected by this disaster may have received an SBA loan application, but still have questions," State Coordinating Officer Joan Haun said. "The representatives at the Disaster Loan Outreach Center will be on hand to walk an applicant through the loan process and provide answers."
SBA customer service representatives at the Disaster Loan Outreach Center will provide individuals and business owners with face-to-face service in completing their loan applications, answering questions about SBA's loan program, and explaining how an SBA disaster loan can help pay for their disaster losses. No appointment is necessary and victims who have received an SBA application are encouraged to return it to the center before it closes. Informational materials will also be available on FEMA's Individual and Household Program and the Hazard Mitigation Program.
SBA's federal, long term, low-interest disaster loans up to $200,000 are available to homeowners to repair or replace their damaged or destroyed real estate. Homeowners and renters are eligible for up to $40,000 to repair or replace their damaged or destroyed personal property, including vehicles.
Disaster loans up to $1.5 million are available to businesses of any size and private non-profit organizations to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Economic Injury Disaster Loans (EIDLs) are available to small businesses only, to help meet working capital needs caused by the disaster.
SBA can lend funds to homeowners and business owners for debris removal, relocation, and can lend additional funds to help homeowners and business owners with the cost of making improvements that prevent or minimize the same type of disaster damage from occurring in the future.
Texans in declared counties are encouraged to register with FEMA by calling 1-800-621-FEMA (3362) or 1-800-462-7585 (TTY) for individuals with speech or hearing impairment. Online registration is also available at www.fema.gov. The deadline for registration is October 29, 2007.
SBA disaster assistance information is available by calling (800) 659-2955, or by visiting SBA's website at www.sba.gov/services/disasterassistance. Hearing impaired individuals may call (800) 877-8339.
The filing deadline to return applications for property damage is October 29, 2007. The EIDL deadline is March 31, 2008.
FEMA coordinates the federa...