Full Notification

U.S. SMALL BUSINESS ADMINISTRATION
FACT SHEET-DISASTER LOANS
TEXAS Declaration #21174 & #21175
(Disaster: TX-20057)

Incident: SEVERE STORMS, STRAIGHT-LINE WINDS & FLOODING occurring: July 2 through July 18, 2025 in the Texas counties of: Burnet, Guadalupe, Kerr, Kimble, McCulloch, Menard, San Saba, Tom Green, Travis & Williamson;  and for economic injury only in the contiguous Texas counties of: Bandera, Bastrop, Bell, Bexar, Blanco, Brown, Caldwell, Coke, Coleman, Comal, Concho, Edwards, Gillespie, Gonzales, Hays, Irion, Kendall, Lampasas, Lee, Llano, Mason, Milam, Mills, Reagan, Real, Runnels, Schleicher, Sterling, Sutton & Wilson.

Application Filing Deadlines:          

• Physical Damage: September 4. 2025
• Economic Injury: April 6, 2026

If you are located in a declared disaster area, you may be eligible for financial assistance from the U.S. Small Business Administration (SBA). What Types of Disaster Loans are Available?

• Business Physical Disaster Loans -Loans to businesses to repair or replace disaster-damaged property owned by the business. including real estate, inventories, supplies, machinery and equipment. Businesses of any size are eligible. Private, non-profit organizations such as charities, churches, private universities, etc., are also eligible.
• Economic Injury Disaster Loans (EIDL) -Working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. These loans are intended to assist through the disaster recovery period.
• Home Disaster Loans -Loans to homeowners or renters to repair or replace disaster-damaged real estate and personal property, including automobiles.

What are the Credit Requirements?

• Credit History -Applicants must have a credit history acceptable to SBA.
• Repayment -Applicants must show the ability to repay all loans.

Call your nearest Certified Business Advisor at (325) 942-2098 (ASU SBDC).