SBA Disaster Assistance
The Small Business Administration (SBA) Disaster Assistance Centers will be closing the Dallas location on October 20th and the Balch Springs location is on the October 27th. The Disaster Loan Outreach Centers that are in Dallas county are for anyone who needs one-one assistance for instance homeowners, renters, businesses, and non- profit organizations. All the surrounding counties such as Ellis County can come to these centers. Otherwise, apply online until the deadline on November 14th for physical damage loans and the Economic Injury Disaster Loans are June 14th, 2023. These centers are open Monday through Friday 9 am till 6 pm and Saturday 9 am -2pm.
They are located at
Low-interest federal disaster loans are now available to Texas businesses and residents as a result of the Severe Storms & Flooding that occurred August 22-25, 2022.
The Agency Declaration covers Dallas County and the contiguous Texas counties of: Collin, Denton, Ellis, Kaufman, Rockwall & Tarrant.
- 3 Ways to Apply
- Disaster Assistance Registration Flyer
- Disaster Loan Outreach Center Press Release
- SBA Fact Sheet
The deadline for physical damage is November 14, 2022. For Economic Injury Disaster Loan, 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.
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 email@example.com for more information on SBA disaster assistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339.