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SBA Transitions The Woodlands Disaster Recovery Center to a loan center for Hurricane Ike victims


Updated: 11.24.08
On Monday, Nov. 24, a new disaster center for Hurricane Ike victims opened in The Woodlands. Manuel R. Gonzalez, Houston District Director for the the United States Small Business Administration announced the transition of The Woodlands Disaster Recovery Center to an SBA Disaster Loan Outreach Center on the day of the opening.

“The center will provide a wide range of services to homeowners, renters and businesses affected by Hurricane Ike,” Gonzales said. “SBA customer service representatives will be on hand to issue loan applications, answer questions, explain the application process, help individuals complete their applications and close their disaster loans.”

The center opened in Montgomery County at the Courthouse Annex, located at 9909 Grogans Mill Rd. in The Woodlands. The center will be open from 9 a.m. to 5:30 p.m., Mondays through Fridays until further notice.

“So far, SBA has approved more than $331 million in low-interest disaster loans to Texas residents and businesses affected by the hurricane,” Gonzalez said.


SBA not just for businesses:

At the SBA Disaster Loan Outreach Center loans up to $200,000 are available to homeowners to repair or replace their damaged or destroyed primary residence. Homeowners and renters are also eligible for up to $40,000 to repair or replace damaged or destroyed personal property.

Businesses of any size and private non-profit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory, and other business assets. SBA can also lend additional funds to help homeowners and business owners with the cost of making improvements that protect, prevent or minimize the same type of disaster damage from occurring in the future.

For small businesses and most private, non-profit organizations, SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. EIDL assistance is available regardless of whether the business or non-profit suffered any property damage.

Deadline draws near:

The deadlines to file for Hurricane Ike relief are drawing near. The filing deadline to return applications for property damage is December 12. The application deadline for the economic loans, EIDLs, is June 15, 2009.

Disaster victims should first register with the Federal Emergency Management Agency (FEMA) by calling (800) 621-3362, or visit their web site at, www.fema.gov.

Contacts:

Individuals and business owners unable to visit SBA’s Disaster Loan Outreach Center may obtain information by calling toll-free (800) 659-2955or visiting, disastercustomerservice@sba.gov. Hearing impaired individuals may call toll free (800) 877 8339 or visit SBA’s website at www.sba.gov/services/disasterassistance.

In addition, disaster victims may also go online to file an SBA application for disaster loan assistance. The Electronic Loan Application is accessible via SBA’s secure web site at https://disasterloan.sba.gov/ela.



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