SBA hurricane loans now a spin for companies, home owners, tenants

SBA hurricane loans now a spin for companies, home 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 choice 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 try to get small company Administration long-lasting, low-interest loans.

“Texas thanks the U.S. Small Business management https://speedyloan.net/bad-credit-loans-in for supplying this economic lifeline to qualifying small enterprises when you look at the Rio Grande Valley because they continue steadily to reconstruct from Hurricane Hanna,” Abbott stated. “We will work alongside our federal lovers to make sure Texans have the resources and help they must get over this storm.”

Who qualifies of these tragedy funds?

Home owners can acquire loans as much as $200,000 to fix or replace real-estate harm and $40,000 to change personal home. Tenants can receive as much as $40,000 to correct or replace personal property because well.

Companies can receive up to $2 million to fix or change estate that is real equipment and gear, stock along with other assets damaged or damaged. Continue reading “SBA hurricane loans now a spin for companies, home owners, tenants”