Direct Business Lending

Small business loans offered for wildfire victims

Posted on Wednesday, October 5th, 2011 at 6:33 am.

Victims of the recent wildfires in Travis and Williamson counties whose homes or businesses were damaged or destroyed can now register for federal and state disaster assistance including U.S. Small Business Administration loans.

The aid from the SBA includes low-interest disaster loans for homeowners, renters, businesses of all sizes and private nonprofit organizations to cover losses not fully compensated by insurance.

Federal Coordinating Officer Kevin L. Hannes said affected residents should register as soon as possible for help.

“The sooner you register, the sooner you can possibly receive federal and state disaster aid,” said Hannes.

Federal disaster assistance was broadened to include Travis and Williamson counties just days after Bastrop County was declared a major disaster.

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