SBA hurricane loans now a chance for companies, property owners, tenants

SBA hurricane loans now a chance for companies, property owners, tenants

HARLINGEN — Gov. Greg Abbott announced on the that his request for an Economic Injury Disaster Declaration for six counties hit by Hurricane Hanna has been approved weekend.

Your decision starts the gate for neighborhood non-farm business that is small, personal nonprofits, homeowners and renters in Cameron, Hidalgo, Willacy, Starr, Brooks and Kenedy counties to utilize for business Administration long-lasting, low-interest loans.

“Texas thanks the U.S. Small Business management for supplying this lifeline that is financial qualifying small enterprises within the Rio Grande Valley because they continue to reconstruct from Hurricane Hanna,” Abbott stated. coque iphone 5c silicone 3d b2472 “We will work alongside our partners that are federal guarantee Texans have actually the resources and help they have to get over this storm.”

So who qualifies of these tragedy funds?

Property owners can acquire loans as high as $200,000 to fix or change real-estate harm and $40,000 to change property that is personal. coque gel honor 6c pro e7434 Tenants can receive as much as $40,000 to correct or change individual home because well.

Organizations can receive as much as $2 million to fix or change property, equipment and gear, stock as well as other assets damaged or damaged. coque silicone transparente iphone se b5313 These loans can be obtained to all the companies of every size, along with personal, nonprofit businesses.

Economy injury loans are merely offered to smaller businesses and many nonprofit organizations that are putting up with unfavorable economic impacts from hurricane harm. These loans could be up to $2 million for working money to simply help pay obligations until normal operations resume. Continue reading SBA hurricane loans now a chance for companies, property owners, tenants