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Small company Administration assists storm victims


May 12, 2022

MONTAGUE, Texas (KAUZ) – Property owners and companies that experienced damage from the storms that swept through north Texas are getting a little help.

Chief Photojournalist Joseph Saint has more from the Small Company Administration.

The Small Company Administration remains in Montague to assist residents in requirement of monetary help after the string of catastrophes that have actually struck north Texas over the last couple of months.

” Destructive to a great deal of our property owners, our occupants, so we desire them to understand we do have a program for them,” Yolanda Stokes, PIO of the SBA Workplace of Catastrophe Help.

Stirs desires everybody to be familiar with the programs readily available after a natural catastrophe.

” We do not neglect the occupants,” Stirs stated. “We have a program for occupants too, as much as $40,000 to change their material or their car if it was harmed.”

The SBA is supplying low interest catastrophe loans for property owners and even occupants. Approximately $200,000 for your main house and another $40,000 for your material. However property owners aren’t the only ones who can benefit from this program. Simply as the name suggests, SBA likewise supplies help to regional companies too.

” And obviously, we have an organization loan program for companies that experienced any type of structural damage or companies that simply require working capital to assist them along the method,” Stirs stated.

For anybody thinking about a catastrophe loan, just drop in the 3rd flooring of the Montague County Court House Monday through Thursday, 8 a.m. to 5 p.m.

” Well, there are no consultations essential, simply begun in to see us,” Stirs stated. “We’ll assist you finish the application, simply address your concerns and go through the procedure of how to look for a SBA catastrophe loan.”

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