The US Small Business Administration (SBA) has disbursed more than $1.5 million in disaster relief to Texans impacted by last month’s severe storms and flooding.
In the first month following the disaster, SBA has approved more than $8 million in federal disaster loans to the impacted areas. Businesses and private nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. Eligible homeowners and renters can apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.
“SBA’s disaster assistance teams are on the ground and fully engaged with the Texas Hill Country community as well as our local, state, and federal counterparts,” said SBA Administrator Kelly Loeffler. “We continue to hold these Texans in our prayers, while marshaling every available resource for relief and recovery. The SBA currently has over 50 staff members serving on the ground across over a dozen field offices. We’ve approved $8 million in disaster loans to date and will continue to work tirelessly to help families and job creators rebuild their homes and businesses.”
The filing deadline to return applications for physical property damage is Sept. 4, while the deadline to return economic injury loan applications is April 6, 2026.
Photo: WCKitchen / Flickr Creative Commons
