Flood victims eligible for federal loans

Homeowners, renters, business owners and nonprofit agencies whose properties were damaged during the floods Oct. 30–31 may visit disaster outreach centers in Caldwell, Hays and Travis counties to talk to SBA representatives about the disaster loan program. SBA representatives will also be available to explain the application process and help individuals complete applications.

Disaster loans of up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate, according to the release. 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, nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets, according to the release.

Loan amounts and terms are set by the SBA and are based on each applicant's financial condition. The deadline for property damage loan applications is Jan. 21, and the deadline to return economic injury applications is Aug. 22.

Applicants may also apply for loans online at https://disasterloan.sba.gov/ela.

Call 800-659-2955 or email [email protected] for more information, and for more on the SBA's disaster assistance programs, visit www.sba.gov/disaster.

SBA representatives will be available at the following locations:

Travis County

Dove Springs Recreation Center, 5801 Ainez Drive, Austin

Nov. 25, noon–6 p.m.

Nov. 26, 9 a.m.–6 p.m.

Nov. 27, 9 a.m.–noon

Dec. 3 until further notice, Monday through Friday, 9 a.m.–6 p.m.

Hays County

Hays County Precinct 2 Office, 5458 FM 2770, Kyle

Monday through Wednesday Dec. 3–11, 9 a.m.–6 p.m.

Caldwell County

Caldwell County Scott Annex, Caldwell County Office of Emergency Services, 1403 Blackjack St., Ste. E, Lockhart

Thursday–Friday Dec. 5–12, 9 a.m.–6 p.m.