The Small Business Administration (SBA) Office of Disaster Assistance (ODA) is offering Disaster Assistance to Texas Businesses and Residents in Dallas County and the Contiguous Counties of Collin, Denton, Ellis, Kaufman, Rockwall & Tarrant that were affected by Severe Storms and Flooding that occurred Aug. 22-23, 2022, and has been declared an Agency Disaster by Governor Greg Abbott on September 13, 2022.  

The deadline for physical damage is November 14, 2022 and for the Economic Injury Disaster Loan (EIDL) the deadline is June 14, 2023.

We encourage people to complete the SBA application even if they are not sure if they need it yet.  If approved the loan becomes an option.

Businesses

Property Damage: up to $2,000,000 to repair or replace real estate, machinery and equipment, inventory and other assets that were damaged or destroyed (available to businesses of any size and private, non-profit organizations).

Economic Injury: for businesses and private non-profit organizations suffering adverse financial impacts of the disaster (with or without property loss), up to $2,000,000 for working capital to help pay obligations until normal operations resume.

Individuals and Families

Homeowners: up to $200,000 to repair or replace real estate damage and up to $40,000 to replace personal property.

Renters: up to $40,000 to repair or replace personal property.

Interest rates can be as low as 3.040 percent for businesses, 1.875 percent for private nonprofit organizations and 2.188 percent for homeowners and renters with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloanassistance.sba.gov/. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339. 

There is also Mitigation assistance (sba.gov) for eligible SBA disaster loan borrowers who may choose to receive expanded funding to help mitigate their home or business against future disasters. 

Resource Partners Information in English:

U.S. Small Business Administration’s Texas Resource Partners Offer the Following Services to Help Businesses Recover from the Effects of Severe Storms and Flooding Texas:

• Small Business Development Centers (SBDCs) are providing the following services to help small businesses impacted by the disaster (no charge for any services): • Counseling for financial, accounting, marketing and other post-disaster challenges • Management and technical assistance • Business planning to help business owners re-establish their operations and plan for their future • Help in reconstructing damaged or destroyed business records • Assistance with updating or rewriting business plans • Assistance with accessing government contracts and procurement related to the disaster Contact the SBDC below or visit America’s nationwide network of SBDCs website at https://americassbdc.org/. SBDC LOCATION Dallas Metropolitan SBDC Main Office 1402 Corinth St., Ste. 1520 Dallas, TX 75215 (214) 860-5848 abarwick@dallascollege.edu www.dallasmetropolitanSBDC.com
• Veterans Business Outreach Centers (VBOCs) through a cooperative agreement, SBA has 22 organizations participating as Veterans Business Outreach Centers designed to provide entrepreneurial development, business training, counseling, and mentoring for eligible veterans who own or are starting a small business. Contact the Veterans Business Outreach Center below or visit their website. VBOC LOCATION VBOC at University of Texas Arlington 701 South West Street, Ste. 635 Arlington, TX 76019 (817) 272-6789 utavboc@uta.edu www.uta.edu/vboc
• SCORE - Helping America’s Small Businesses SCORE has experts in virtually every area of business management to mentor small businesses. Mentors are available to help small businesses with their disaster recovery (no charge for individual and team counseling). Services include: • Free online disaster preparedness/recovery resources for small business at www.score.org/disaster-preparedness-recovery • Matching volunteer business-management mentors with clients in need of expert advice • In-depth counseling and training with small business owners and managers • Help to identify business problems, determine the causes and find solutions • Maintaining a confidential and personal relationship Contact a SCORE Chapter below or visit the SCORE website at https://www.score.org/. SCORE LOCATIONS SCORE Dallas (214) 987-9491 donna.larouque@scorevolunteer.org https://dallas.score.org Fort Worth Main SCORE (817) 871-6002 ch.admin0120@scorevolunteer.org https://fortworth.score.org/
• Women’s Business Centers (WBCs) provide technical training and counseling to women and others who are currently in business or thinking about starting a business. Assistance is targeted to meet specific needs whether a beginner or seasoned entrepreneur. Contact the WBC below or visit the Association of Women’s Business Centers website at https://www.awbc.org/. WBC LOCATION Dallas Fort Worth WBC 7800 North Stemmons Freeway, Ste 120 Dallas, TX 75241 (888) 215-2373 ext 10064 or (214) 572-9452 wbcdfw@liftfund.com https://womensbusinesscenterdfw.com

Resource Partners Information in Spanish:

Los socios en Texas de la Administración Federal de Pequeños Negocios Ofrecen los Siguientes Servicios para Ayudar a los Negocios a Recuperarse de los Efectos de las Tormentas Severas e Inundaciones:

• Los Centros de Desarrollo de Pequeños Negocios de Texas (SBDCs) están ofreciendo los siguientes servicios para ayudar a los pequeños negocios afectados por el desastre (son servicios gratuitos): • Asesoramiento financiero, de contabilidad, mercadeo, etc. y otros desafíos después de los desastres • Asistencia administrativa y técnica • Planificación empresarial para ayudar a los dueños de negocios a restablecer sus operaciones y planificar para el futuro • Asistencia en la recopilación de registros comerciales dañados o destruidos • Asistencia para actualizar o crear un nuevo plan de negocio • Asistencia para participar en contratos y adquisiciones de gobierno que están relacionados con el desastre Contacte a un representante de SBDC en el (los) siguiente(s) centro(s) o visite su sitio web https://americassbdc.org/. CENTRO DE SBDC Dallas Metropolitan SBDC Main Office 1402 Corinth St., Ste. 1520 Dallas, TX 75215 (214) 860-5848 abarwick@dallascollege.edu www.dallasmetropolitanSBDC.com
• Centro de Negocios para Veteranos (VBOC) A través de un acuerdo de cooperación, SBA tiene 22 organizaciones participando como Centros de Negocios para Veteranos diseñados para ofrecer desarrollo empresarial, entrenamiento de negocios, asesoramiento y asistir a los veteranos elegibles que tienen su propio negocio o están comenzando un pequeño negocio. Contacte a un representante de VBOC en el siguiente centro o visite su sitio web en https://www.vbocix.org/. CENTRO DE VBOC VBOC at University of Texas Arlington 701 South West Street, Ste. 635 Arlington, TX 76019 (817) 272-6789 utavboc@uta.edu www.uta.edu/vboc
• SCORE - Ayudando a los Pequeños Negocios de los Estados Unidos SCORE tiene expertos en prácticamente todas las áreas de la gestión empresarial para asesorar a los pequeños negocios. Los asesores están disponibles para asistir a los pequeños negocios a recuperarse del desastre (el asesoramiento individual y/o de grupo es gratuito). Los servicios incluyen: • Servicios gratuitos por internet, para pequeños negocios, para estar preparados o para recuperarse de un desastre, en el sitio web www.score.org/disaster-preparedness-recovery • Poner en contacto a los asesores de administración de negocios con los clientes que necesitan el asesoramiento de los expertos • Amplio asesoramiento y entrenamiento a los dueños de negocios y administradores • Asistencia para identificar los problemas del negocio, determinar las causas y encontrar soluciones • Manteniendo una relación confidencial y personal Póngase en contacto con el Centro de SCORE abajo o visite el sitio web de SCORE en https://www.score.org/. CENTROS DE SCORE SCORE Dallas (214) 987-9491 donna.larouque@scorevolunteer.org https://dallas.score.org Fort Worth Main SCORE (817) 871-6002 ch.admin0120@scorevolunteer.org https://fortworth.score.org/